UPSC Economics People as Resource Question Bank Structure of Economy and Human Resources in India

  • question_answer
    What does term 'Green shoots' represent in an Economy?

    A) signs of growth of agriculture sector in a growing economy

    B) signs of economic recovery during an economy downturn.

    C) signs of growth of agriculture sector in a declining economy

    D) signs of economic decline in a developed economy.

    Correct Answer: B

    Solution :

    Green shoots is a term used colloquially and propagandistically to indicate signs of economic recovery during an economic downturn. It was first used in this sense by Norman Lament, the then Chancellor of the Exchequer of the United Kingdom, during the 1991 recession.


You need to login to perform this action.
You will be redirected in 3 sec spinner