Social Sector of Indian Economy » Exercise – 1
7. Which one among the following is an appropriate description of deflation ?
(a) It is a sudden fall in the value of a currency against other currencies
(b) It is a persistent recession in the economy
(c) It is a persistent fall in the general price level of goods and services
(d) It is fall in the rate of inflation over a period of timeSubject Name : General Knowledge Exam Name : UPSC, SSC, KVS, NVS, IBPS, RBI, SBI, RRB Posts Name : Post Graduate Teacher, College Lecturer, Officer, Office Assistant, Clerk General Knowledge Books
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