Questions

Business cycles are identified as having four distinct phases:

1. Expansion,

2. Peak,

3. Contraction, and

4. Trough.

Expansion is the phase of the business cycle when the economy moves from a trough to a peak. It is a period when the level of business activity surges and gross domestic product (GDP) expands until it reaches a peak. A period of expansion is also known as an economic recovery.

An expansion is characterized by increasing employment, economic growth, and upward pressure on prices.

The inscriptions of Asoka were first deciphered by James Princep in 1837. They are written in Pali language and in some places Prakrit was used. The Brahmi script was employed for writing.In the northwestern India Asokan inscriptions were found in Karoshti script.

There are six permanent members: China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Uzbekistan. Soon India and Pakistan will also join it.

Mumps: This is a swelling caused by inflammation of parotid glands placed in front of our ear region. The Inflammation is caused by a virus.

Titanwala Museum is located in India in Rajastan state.

Internal Rate of Return is that rate of Return at which the net present value is equal to Zero or it is the Rate which equates the present value of the cash inflows to the cash outflows.

NPV = Cash Inflow - Cash outflow

NPV = Zero