What is Recession?

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What is Recession?

Question Posted / rvsingh

6 Answers
11732 Views
Nabard, SEBI, State Bank Of India SBI, I also Faced
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What is Recession?..

Answer / kuldeep kshirsagar

A period of general economic decline; specifically, a
decline in GDP for two or more consecutive quarters.

Is This Answer Correct ?

19 Yes

2 No

What is Recession?..

Answer / kunal nerkar

when country's two Q's GDP growth(Immidiate pressiding)
showes negative figures then it can be officialy called
Recession in that particular cantry.

Is This Answer Correct ?

12 Yes

3 No

What is Recession?..

Answer / deepak

A true economic recession can only be confirmed if GDP (Gross Domestic Product)growth is negative for a period of two or more consecutive quarters.

Is This Answer Correct ?

0 Yes

0 No

What is Recession?..

Answer / sushantrajput

Originates from distrust and ends to collapse.

Is This Answer Correct ?

0 Yes

2 No

What is Recession?..

Answer / kumararvind

A RECESSION IS WHEN GDP GROWTH SLOWS, BUSINESSES STOP EXPANDING, EMPLOYMENT FALLS, AND HOUSE PRICE DECLINE FOR TWO CONSECUTIVE QUATERS.

Is This Answer Correct ?

1 Yes

3 No

What is Recession?..

Answer / arul

A recession is a general slowdown in economic activity over
a sustained period of time, or a business cycle contraction

Is This Answer Correct ?

1 Yes

5 No

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