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GK
ENGLISH
CURRENT AFFAIRS
APTITUDE
BANKING
UGC NET
REASONING
COMPUTER SC.
COURSES
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what is ‘recession’
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Question
What is ‘Recession’ ?
A
Rise in the cost of production, especially because of wage increase
B
Reduction of Gross Domestic Product(GDP) lasts hardly for few months
C
Increase in money supply without a matching increase in production
D
None of these
Answer & Explanation
Option: [B]
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