GyanGramQuestion
Which among the following steps is most likely to be taken at the time of an economic recession?
PRELIMS 2021 · INDIAN ECONOMY
Which among the following steps is most likely to be taken at the time of an economic rec…
Attempt this previous-year question. The correct option stays hidden until you choose.
Pick an option to check yourself.
• Correct Answer: B
• During recession, expansionary fiscal policy via public project spending raises aggregate demand and creates jobs.
• Tax hikes and interest rate hikes are contractionary; cutting public expenditure deepens the downturn.
Keep going in GyanGram.
Attempt Prelims MCQs or open Mains questions by paper — then continue the same bank inside the app with visual decks.