Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

Which one of the following statements is an appropriate description of deflation?

A It is a fall in the rate of inflation over a period of time
B It is a persistent fall in the general price level of goods and services
C It is a persistent recession in both the financial and real sectors of economy
D It is a sudden fall in the value of a currency against other currencies
Answer & Explanation
Option: [B]
Advertisement
Article and Schedule Quiz Start Test!
DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Random GK Questions

Assam Direct Recruitment Test Series

Teacher Eligibility Test

Assam Direct Recruitment Test Series