Question

Which of the following is true about Recession?

A Rise in the cost of production, especially because of wage increase
B Reduction in production and employment for want of sufficient demand for goods
C Increase in money supply without a matching increase in production
D All of the above
Practice Next

Relevant for Exams:

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)