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Class 12 Business Studies Business Environment Dimensions of business environmentHard

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A bank increased loan schemes when the savings rate rose. This is the effect of which dimension?

Answer and explanation

Correct answer: Economic dimension

Savings rate is an economic factor linked with availability of funds. In exams connect savings rate with economic dimension.

Related tags

Economic Dimension Savings Rate Bank Loans Dimensions Of Business Environment Business Environment Business Studies Class 12 Mcq

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