Global Economy and Recession

What does the World Bank predict about the global economy?

• It will grow steadily next year

• It will fall into a recession next year

• It will experience high inflation

• It will face supply chain problems

What is one of the contributing factors to the global economic slowdown?

• Low inflation

• Increased investments

• Tighter market conditions

• Stable supply chains

Which economies are dragging down global growth?

• India, Brazil, and Japan

• United States, China, and Eurozone

• Russia, Australia, and Canada

• Germany, France, and Italy

What triggered the cost of living crisis?

• Pandemic lockdowns

• Government spending

• Russian invasion of Ukraine

• Central bank policies

What did central banks do to tame inflation?

• Increase interest rates

• Cut interest rates

• Intensify lending

• Pump money into the economy

What is the challenge for central banks in balancing inflation and the economy?

• Making sweeping cuts in interest rates

• Not making any cuts in interest rates

• Finding the right balance

• Increasing interest rates excessively

What is the world bank's projection for global core inflation rate in 2023?

• Below 2.5 percent

• Around 5 percent

• Above 7.5 percent

• Double the pre-pandemic average

What did the IMF predict about global economic growth?

• Negative growth this year

• Positive growth next year

• Stagnant growth for the next two years

• Some countries slipping into a recession next year

What happened to Indian markets in response to the global economic situation?

• They remained stable

• They experienced a crash

• They saw significant growth

• They were unaffected