Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

PNB took over 'Oriental Bank of Commerce' and 'United Bank of India' to become the Country's second largest lender.

_________ dimension of Business environment is exhibited by above.

Options:

Technological Environment

Political Environment

Legal Environment

Economic Environment

Correct Answer:

Economic Environment

Explanation:

The correct answer is Option (4) → Economic Environment

The dimension of the business environment exhibited by the scenario is economic environment.

The takeover of 'Oriental Bank of Commerce' and 'United Bank of India' by PNB reflects a significant change in the economic landscape, particularly within the banking sector.