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Question : The finance minister reduced the repo rate to overcome recession. This is related to which dimension of business environment?

Option 1: Economic environment

Option 2: Political environment

Option 3: Social environment

Option 4: Technological environment


Team Careers360 3rd Jan, 2024
Answer (1)
Team Careers360 14th Jan, 2024

Correct Answer: Economic environment


Solution : Economic environment refers to all the forces and factors which directly influence the economy of your country. Aspect of economic environment includes The finance minister reduced the repo rate to overcome recession.
Hence, option 1 is the correct answer.

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