The Reserve Bank of India reduces CRR (Cash Reserve Ratio) by 0.5% to control recession

The Reserve Bank of India reduces CRR (Cash Reserve Ratio) by 0.5% to control recession

Q. The Reserve Bank of India reduces CRR (Cash Reserve Ratio) by 0.5% to control recession

This is related to which dimension of Business Environment.

A.            Political Environment

B.            Economic Environment

C.            Social Environment

D.            Legal Environment

Answer: Economic Environment

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