When the growth of GDP in a country slows down suddenly, people start losing their jobs and the situation continues several weeks, this state of economy is known as:

A Economic boom
B Recession
C Inflation
D Deflation
E None of these
Answer & Explanation
Option: [B]

Random GK Questions

A The Seventh Schedule
B The Directive Principles of State Policy
C The Fundamental Rightss
D The Preamble

View Answer

A Mitochondrion
B Golgi apparatus
C Centriole
D Lysosome

View Answer

A absorbs moisture
B kills bacteria
C kills germs and spores
D absorbs all gases present inside the battle

View Answer

A Parliament
B President on the recommendation of the Governor
C Governor on a recommendation by the State Cabinet
D Parliament after the State Legislative Assembly passes a resolution to that effect

View Answer

A 10 years
B Newborn
C Within 15 days
D 2-3 years

View Answer

Your Valuable Comments Please...

Important EBooks for Competitive Exams