Current Affairs MCQ for UPSC Exams – 10 August 2015

:: Business ::

1. Growth Recession is :

1. An economy that is growing at such a slow space that more jobs are being lost than are being added
2. This situation is also described by the term ‘double dip recession’

Incorrect statements are :

a. none
b. both
c. 1 only
d. 2 only

2. Business cycle usually fluctuates up and down. What are the possible factors responsible for it?

1. demand – supply problem only
2. Uniform disasters
3. Economic instability and uncertainty discourages investments
4. Anti-inflationary government politics

Correct statement is / are

a. 1 Only
b. 2,3,4
c. 2,3 only
d.1,2,3,4

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