“SLUMP” means:

“SLUMP” means:

  • (A) Fall in the prices of stock
  • (B) Stability of prices
  • (C) Uncertainty of prices
  • (D) Shortage of supply
  • The correct answer is (A) Fall in the prices of stock. A slump refers to a period of economic decline, especially marked by a fall in prices, reduced trade, and lower activity in markets—commonly used for stock prices and business conditions.
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Related MCQs:

 ‘NATO’ is an abbreviation of:

  • (A) North Atlantic Treaty Organization
  • (B) Non-Aligned Treaty Organization
  • (C) Non-Aligned Trading Organization
  • (D) North American Transport Organization

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