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A recession is a significant decline in economic activity, lasting more than a few quarters. There is a drop in the following five economic indicators: real GDP, income, employment, manufacturing, and retail sales. However, usually a negative GDP growth rate for 2 consecutive quarters is considered as recession. To counter a recession expansionary monetary and fiscal policy should be used. E xpansionary monetary policy will increase the money supply and reduce interest rates. This will reduce cost of borrowing and encourage business investment. Fiscal policy should also be expansionary. When the country is in a recession , the government will increase spending, reduce taxes, or do both to expand the economy.
Identify the dam that is located in South India.
The Olympic Winter Games 2026 would be played in_______.
Which of the following cites topped in Global Peace Index 2023?
Which of the following statements defines ‘chromatography’?
1. It is the process of separation of components of a mixture.
2. It ...
The series of coalescing alluvial fans along a mountain front is called a:
Which of the following facts are not true in regards to G20?
1. It was formed in 1998
2. Formed in the backdrop of Asian fin...
In which of the following cities, the first pollinator park has been opened?
SBI Mutual Fund disclosed its intention to acquire a specific share percentage in IndusInd Bank, along with an equivalent percentage of voting rights. W...
The Indian Navy received its first P15B stealth guided-missile destroyer “Visakhapatnam-class” on October 28, 2021 which company was behind its manu...
The minimum investment limit set by the RBI (Reserve bank of India) for the Sovereign Gold Bonds?