Question
What term describes a economic situation characterized
by high inflation, low economic growth, and high unemployment?Solution
Stagflation is a rare and complex economic phenomenon that combines high inflation, stagnant economic growth, and high unemployment. It occurs when an economy experiences a decline in output and a rise in prices, contrary to the typical trade-off between inflation and unemployment. The term was coined in the 1960s to describe this unique combination of economic challenges.
What mobile number verification tool has RBI directed banks to use to prevent digital fraud?
________ happen when RBI desires that liquidity should be squeezed from the economy but Banks are not eager to deposit money with RBI at rate fixed by RBI.
Which organization has NPCI incorporated as a wholly-owned subsidiary?
Who won the Best Actor in a Leading Role award at the 97th Academy Awards (Oscars) 2025?
Which of the following statements is/are correct?
1. The NEP 2020 replaces the National Policy on Education of 1986.
2. A committee under ...
What was the specific reason RBI imposed a penalty of ₹31.80 lakh on Bank of Maharashtra?
Who was named Director of the Prime Minister’s Museum & Library in the June 2025?
As per Union Budget 2025-26, what is the total outlay proposed for the Nuclear Energy Mission aimed at Small Modular Reactors (SMRs)?
What is the maximum pension amount that an individual can receive under the Atal Pension Yojana?
Which of the following statements is NOT true about the utilization of Sovereign Green Bonds (SGBs) in India?
Relevant for Exams:
