V SHAPED RECOVERY Subject : Economics Context : The economy is within striking distance of attaining positive growth, officials of the Reserve Bank of India (RBI) wrote, adding that the letter ‘V’ in the V-shaped recovery stood for vaccine. Concept: V-shaped recovery: It is a scenario in which the economy quickly recoups lost […]

Subject: Economy Context: Apparel exports on path to a V-shaped recovery. Concept: Economic recovery can take many forms, which is depicted using alphabetic notations. For example, a Z-shaped recovery, V-shaped recovery, U-shaped recovery, elongated U-shaped recovery, W-shaped recovery and L-shaped recovery. The alphabets generally denote the graph of growth rate, which resembles the shape of […]