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Question : Select the most appropriate option to fill in the blank.
Hundreds of firms went bankrupt during the _________.

Option 1: recission

Option 2: revision

Option 3: remission

Option 4: recession


Team Careers360 25th Jan, 2024
Answer (1)
Team Careers360 26th Jan, 2024

Correct Answer: recession


Solution : The correct choice is the fourth option .

A recession is a significant decline in economic activity, often characterised by a decrease in GDP, rising unemployment, and reduced consumer spending. In the context of the sentence, it's referring to a period of economic downturn.

The meanings of the other options are as follows:

  • Recission : This is not a standard English word.

  • Revision : A revision is a change or correction made to something, such as a document or plan, often to improve or update it.

  • Remission : Remission typically refers to the temporary or permanent decrease or disappearance of the symptoms of a disease.

Therefore, the complete sentence would be: "Hundreds of firms went bankrupt during the recession . "

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