Question
What economic condition is characterized by simultaneous
slow economic growth, rising prices, and increasing unemployment?Solution
Stagflation is a condition in which slow economic growth (stagnation), rising prices (inflation), and rising unemployment all happen at the same time. Although it is rare for slow economic growth and high inflation to coexist, it has happened in the past, and many believe it could happen again.
Consider the following statements about the Sino-French satellite launched in 2024:
1. It aims to study gamma-ray bursts and star explosions.
Which organization granted a loan for a 400-megawatt solar power plant in Gujarat?
What is the primary aim of the Avaana Sustainability Fund (ASF) project approved by GCF for SIDBI?
Which location has been selected to host the XXVI Olympic and Paralympic Winter Games 2030?
Who has been appointed Vice President, Investment Solutions at the Asian Infrastructure Investment Bank (AIIB)?
Which state has bagged the national award for the best implementation of Pradhan Mantri Fasal Bima Yojana (PMFBY), a crop subsidy insurance scheme, for ...
Which of the following B2B payments platform has received in-principle approval from the Reserve Bank of India (RBI) for a payment aggregator license?
Which day is celebrated as ‘No Smoking Day’ every year?
The Advanced Drone Training and Refresher Course launched in Manipur is associated with which paramilitary force?
How many districts are included in the IndusInd Bank-UNICEF climate resilience initiative?
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