AFCAT Model Paper 2

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Comprehension:(Que No. 10 - 14)
Directions: In the following passage some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each blank.
In economics, a ___(1)____ is a business cycle contraction when there is a general decline __(2)___ economic activity. Recessions generally occur when there is a widespread drop in ___(3)_____. This may ___(4)____ by various events, such as a financial crisis, an external trade shock, an adverse supply shock, the bursting ____(5)___ an economic bubble, or a large-scale anthropogenic or natural disaster.
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