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Class 12 Business Studies Business Environment Dimensions of business environmentHard

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A bank had more funds for lending due to rise in savings rate. This is the effect of which dimension?

Answer and explanation

Correct answer: Economic dimension

Savings rate is an economic factor linked with fund availability. In exams treat savings rate as economic dimension.

Related tags

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

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