BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Economic Environment
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Social Environment
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Technological Environment
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Political Environment
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Detailed explanation-1: -Banking sector reform have led to easier credit terms and better services. This is an example of one of the key components of business environment.
Detailed explanation-2: -Providing unique refinancing facilities for all-India financial institutions (AIFIs) A term liquidity facility to finance the infrastructure and services for Covid-related healthcare. Providing special long-term repo operations (SLTRO) for small finance banks (SFBs)
Detailed explanation-3: -Directed Credit. Reducing directed credit requirements is a common feature of banking reforms, and this was the case in India as well. A major directed credit requirement was constituted by the high levels of the SLR, which preempted bank resources to finance the government deficit at low interest rates.