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Reported Question / Answer
Q.) As we read these days, many world economies are passing through recession at present. When can an economy be called ‘in recession’ ? When a decline occurs in almost all major economic activities. When the inflation reaches at a very high rate or becomes double digit inflation. When big financial scams and frauds start taking place.
1)
Only 1
2)
Only 2
3)
Only 3
4)
All the three
5)
None of these
Answer :
1
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