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BUSINESS ENVIROMENT — OCM STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceOCMBUSINESS ENVIROMENT2 Marks
Question
What is the outcomes of decrease in home loan interest rate?
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Answer

Due to decrease in the interest rate of home loan, demand of the houses increase. So other industries associated also get flourished e.g. Bricks, cement steel, iron, furniture, sand, paint, etc.

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