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GENERAL KNOWLEDGE
The situation in an economy where unempl...

The situation in an economy where unemployment is prevailing is known as _______.

A

Galloping Inflation

B

Stagflation

C

Hyperinflation

D

Individual Debt

Text Solution

Verified by Experts

The correct Answer is:
B

A stagflation is a condition when the economic rate is slow, Inflation is high and Unemployment is also high.
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PINNACLE-ECONOMICS-MCQ (MISCELLANEOUS)
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  11. In which year was NABARD established?

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  12. The term 'white revolution' is related with:

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  14. What type of unemployment is generally found in the agricultural secto...

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  15. With which of the following is 'Operation Flood' related?

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  16. Related area of Golden Revolution is:

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  18. ‘A Plan of Economic Development for India’, which was prepared by a cr...

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  19. The steel plant at Bokaro was set up in collaboration with .

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  20. The phrase ‘Gross National Happiness’ was first coined in:

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