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Start learning 50% faster. Sign in nowA recession is a significant decline in economic activity, lasting more than a few quarters. There is a drop in the following five economic indicators: real GDP, income, employment, manufacturing, and retail sales. However, usually a negative GDP growth rate for 2 consecutive quarters is considered as recession. To counter a recession expansionary monetary and fiscal policy should be used. E xpansionary monetary policy will increase the money supply and reduce interest rates. This will reduce cost of borrowing and encourage business investment. Fiscal policy should also be expansionary. When the country is in a recession , the government will increase spending, reduce taxes, or do both to expand the economy.
Which of the following is not included in the pilot phase implementation of Pradhan Mantri Adarsh Gram Yojana (PMAGY)?
Consider of the following statement is/are correct about Capital expenditures (CAPEX)?
I. These are often used to undertake new projects or inves...
Which of the following statements are True about various types of Deposits?
I- Demand deposits can be withdrawn at the wish of the depositor as t...
Which of the following statements correctly describes the purpose of the MyGov platform under the Digital India Mission?
Which of the following Statements about the National Commission for Women is/are True?
I- It is a Constitutional Body.
II- It was set up i...
Which department approved the continuation of the unified central sector scheme 'Vigyan Dhara'?
Which primary objective of the Pradhan Mantri Ayushman Bharat Yojana aims to alleviate the financial burden of healthcare on low-income households?
Good health of the Banking Industry is paramount for any Economy. Which of the following is the correct explanation of IBC?
Which of the following Ministries are involved in Pradhan Mantri Krishi Sinchayee Yojana?
(I)- Ministry of Agriculture & Farmers’ Welfa...
The number of people having access to improved sanitation facilities increased to what percent according to NFHS-5, from 49 per cent in NHFS-4?