New One Goal, Three Exams: Strategies for Mastering RBI, SEBI, and IFSCA Exams
Register

Question

What is a Black Swan Impact? 

A A predictable event that has a significant impact on the economy Correct Answer Incorrect Answer
B An unforeseen, rare, and extreme event that has a severe impact on the economy and financial markets. Correct Answer Incorrect Answer
C A positive event that has a significant impact on the economy Correct Answer Incorrect Answer
D None of the above Correct Answer Incorrect Answer

Solution

Black Swan Impact refers to an event that is beyond the realm of normal expectations and has a significant impact on society and the economy.

Practice Next

Relevant for Exams:

×
×