68. In the context of Indian economy, consider the following pairs:
Term Most Appropriate description
1. Melt down Fall in stock prices
2. Recession Fall in growth rate
3. Slow down Fall in GDP
Which of the pairs given above is/are correctly matched?
a) 1 only
b) 2 and 3 only
c) 1 and 3 only
d) 1,2 and 3
I had option D in mind,as recession is defined by negative growth rate for two consecutive quarters,i.e.fall in growth rate.
could you please clear my confusion?
