India continues to be a lower-middle-income country along with 46 others, while Sri Lanka has climbed to the upper-middle-income group for the fiscal year (FY) 2020

Q. India continues to be a lower-middle-income country along with 46 others, while Sri Lanka has climbed to the upper-middle-income group for the fiscal year (FY) 2020, according to the World Bank’s classification of countries by income levels, released on July 1, 2019.

Identify the related dimensions of business environment.

A.            Social dimension

B.            Technological dimension

C.            Economic dimension

D.            Political dimension

Answer: Economic dimension