New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Who coined the term "Green Shoots" to describe signs of

    economic recovery?
    A Alan Greenspan Correct Answer Incorrect Answer
    B Norman Lamont Correct Answer Incorrect Answer
    C Ben Bernanke Correct Answer Incorrect Answer
    D Paul Volcker Correct Answer Incorrect Answer

    Solution

    The term "Green Shoots" was first used by Norman Lamont, the then Chancellor of the Exchequer of the UK, during the economic recession in 1991 to signify the early signs of economic recovery.

    Practice Next

    Relevant for Exams: