#GS_3
#Economy #Recession
What is recession? Read the Global Economic Situation and factors affecting it.
#Economy #Recession
What is recession? Read the Global Economic Situation and factors affecting it.
#GS_3
#Economy #GDP #Recession
Read what is recession. The country has now entered a technical recession with two successive quarters of negative growth. From the mains perspective, you should analyse that what were the long term and short term cause for this GDP contraction.
@prep4upsc
#Economy #GDP #Recession
Read what is recession. The country has now entered a technical recession with two successive quarters of negative growth. From the mains perspective, you should analyse that what were the long term and short term cause for this GDP contraction.
@prep4upsc
#GS_3
#Economy #GDP #Recession
Read what is recession. The country has now entered a technical recession with two successive quarters of negative growth. From the mains perspective, you should analyse that what were the long term and short term cause for this GDP contraction.
#Economy #GDP #Recession
Read what is recession. The country has now entered a technical recession with two successive quarters of negative growth. From the mains perspective, you should analyse that what were the long term and short term cause for this GDP contraction.
#GS_3
#Economy #GDP #Recession
After shrinking in the previous two quarters, India's economy expanded by a marginal 0.4 percent in the October-December quarter as national and regional lockdowns were lifted and normal economic activity slowly resumed.
Recent estimates by multilateral agencies and economists have pointed to a rebound in the Indian economy. The International Monetary Fund (IMF) has also forecast India to be one of the fastest growing major economies in the world in 2021-22 as growth momentum gathers pace. The rollout of the vaccination programme has added to the optimism, but the resurgence of the virus in some parts of the country has emerged as a risk factor. Read about it.
✅ Also Know
Recession- When a recessionary phase sustains for a considerable length of time.
Technical Recession- When a country faces a back-to-back decline (for two consecutive quarters) in the GDP.
#Economy #GDP #Recession
After shrinking in the previous two quarters, India's economy expanded by a marginal 0.4 percent in the October-December quarter as national and regional lockdowns were lifted and normal economic activity slowly resumed.
Recent estimates by multilateral agencies and economists have pointed to a rebound in the Indian economy. The International Monetary Fund (IMF) has also forecast India to be one of the fastest growing major economies in the world in 2021-22 as growth momentum gathers pace. The rollout of the vaccination programme has added to the optimism, but the resurgence of the virus in some parts of the country has emerged as a risk factor. Read about it.
✅ Also Know
Recession- When a recessionary phase sustains for a considerable length of time.
Technical Recession- When a country faces a back-to-back decline (for two consecutive quarters) in the GDP.