GK Express of 30/06/2025

GK Express Small things will make a big difference in long run Career Tip 📌 “Study. Summarize. Speak.” Technique For each topic (e.g., RBI or Temple Styles): Study → Write 3-line summary → Explain aloud in 30 seconds. It boosts retention + speaking skills + interview prep. ECONOMY COACH 1. What is the difference between stagflation and recession? Stagflation: High inflation + high unemployment + stagnant demand. Recession: Economic contraction for 2+ quarters. India experienced stagflation-like symptoms during COVID due to supply shocks. 2.The following is used for which situation of “Too much money chasing too few goods"? Demand-pull inflation refers to the inflation from rapid growth in aggregate demand and when excess demand causes ‘too much money chasing too few goods.’ This generally happens when an economy is growing at a faster rate....