Question : Banking sector reforms led to attractive deposit avenues, easier credit terms and a sound effective and reliable banking system is a result of the ___________ environment.
Option 1: Business
Option 2: Economic
Option 3: Social
Option 4: Legal
Answer (1)
23rd Jan, 2024
Correct Answer: Economic
Solution :
Economic environment refers to all the forces and factors which directly influence the economy of your country. Economic environment consists Gross domestic product, Income level at national level and per capital level etc.
Hence, option 2 is the correct answer.
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