Multiple choice

The ____ sector has been one of the worst hit after RBI raised interest rates last year to combat rising inflation.

  1. Realty

  2. Insurance

  3. BPO

  4. none of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The realty (real estate) sector is highly sensitive to interest rate changes because it depends heavily on borrowing. When RBI raised interest rates to control inflation, the realty sector was among the worst affected as higher borrowing costs reduced both developer and buyer activity.

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