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 : (
This question was previously asked in
Shift 07/06/2023 3:30 PM - 6:30 PM
A
Technological Environment
B
Political Environment
C
Legal Environment
D
Economic Environment
Correct Answer
Economic Environment
Detailed Explanation
Economic Environment includes factors like mergers, acquisitions, banking consolidation, and financial policies that influence business operations and market structure.
The merger of banks is a strategic economic activity aimed at strengthening the financial sector, improving efficiency, and increasing market share.
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