UPSC APFC EO/AO Exam2016

Jobs & Careers
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Recruitment for Enforcement/Accounts Officer by UPSC

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Please share the info regarding UPSC EO/AO exam 2016 and be part of this group to stay updated.Thanks

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no update till now


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print your Admit card for EO/AO available now on

 https://upsconline.nic.in/oraadmitcard/admitcard_candidate/

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Paper 1 me only GENERAL STUDIES ayega??? My exam on 26th february

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Is there any possibilty of change in date of exam? I m having state psc group 2 exam on same date

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60+ st in upsc eo.


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Any recruitment this year ???

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Sir any news about notification of apfc and account officer notification

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 ECONOMICS

Stages of the Business Cycle

The business cycle is characterized by several different stages that occur in order, as described below:


1. Expansion: Expansion is often depicted as the first stage in the business cycle, although this is an arbitrary starting point. When the expansion occurs, there is an increase in employment, incomes, production, and sales. People generally pay their debts on time. The economy has a steady flow in the money supply and investment is booming.


2. Peak: The second stage is a peak when the economy hits a snag, having reached the maximum level of growth. Prices hit their highest level, and economic indicators stop growing. Many people start to restructure as the economy's growth starts to reverse.


3. Recession: Recessions are periods of economic and business contraction. During a recession, unemployment rises, production slows down, sales start to drop because of a decline in demand, and incomes become stagnant or decline.


4. Depression: Depression does not always follow recession, but if it does, economic growth continues to drop while unemployment rises and production plummets. Consumers and businesses find it hard to secure credit, trade is reduced, and bankruptcies start to increase. Consumer confidence and investment levels also drop.


5. Trough: The trough period marks the end of the depression, leading an economy into the next step: recovery.


Recovery: In this stage, the economy starts to turn around. Low prices spur an increase in demand, employment and production start to rise, and lenders start to open up their credit coffers. The recovery stage thus marks the end of one business cycle and leads to expansion once again 


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