What should be done in an economy to reduce the effects of recession?
A 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.
SEBI has came out with exhaustive guidelines for Investor Protection Fund (IPF) and Investor Services Fund (ISF) maintained by stock exchanges and depos...
Recently Padma Shri Bhojpuri artist Ramchandra Manjhi passed away . He was honoured with India ’ s fourth highest civilian award, Padma Shri by th...
On which Occasion Gallantry awards the “Param Vir Chakra '' and “ Ashok Chakra '' are awarded?
___________ is mutual funds writing off the principal amount and the interest in case of a default?
Which country launched 'Operation Karuna' to assist Myanmar after Cyclone Mocha?
Reserve Bank of India has proposed to increase the payment limit for UPI Lite to how much?
On which occasion did Prime Minister Narendra Modi launch the 'Mera Yuva Bharat (MY Bharat)' platform, and what is the key goal of this platform?
Who among the following is going to become new Chief Scientist of WHO?
________ has announced its partnership of the tie-up of extended warranty products with OLA Electric aiming to transform the total ownership of OLA cu...
Which of the following city of India recorded the highest sequential contraction in Housing price index report of Q4:2021?