SSC CGL 2023 PYQ — Question 20

SSC CGL - 25 July 2023 - Shift 1 • English • Q20

Select the most appropriate option to fill in the blank.

Hundreds of firms went bankrupt during the _________.

Show answer & explanation

Correct answer: D

Explanation

The correct answer is option 4 i.e. recession.

  • The correct word to fill is "recession," as it refers to a period of economic decline or downturn, during which many firms may struggle financially and potentially go bankrupt.

The alternative terms are unsuitable:

  • "recission" is likely a typographical error for "rescission," which denotes the annulment of a contract;
  • "revision" pertains to the examination and modification of documents or plans; and
  • "remission" commonly signifies a reduction in intensity, usually in a medical context, and does not pertain to economic circumstances.