Join our Telegram Channel


Which one of the following statements is an appropriate description of deflation?

A It is a fall in the rate of inflation over a period of time
B It is a persistent fall in the general price level of goods and services
C It is a persistent recession in both the financial and real sectors of economy
D It is a sudden fall in the value of a currency against other currencies
Answer & Explanation
Option: [B]

Miscellaneous GK Questions

GkSeries Android App

Today's Top Current Affairs

Current Affairs MCQs

State-wise Current Affairs

General Knowledge

Month-wise Current Affairs 2022

Category-wise Current Affairs

Jobs by Qualification

Free Mock Test