Match List-I with List-II
Choose the correct answer from the options given below: |
(A)-(I), (B)-(II), (C)-(III), (D)-(IV) (A)-(IV), (B)-(III), (C)-(II), (D)-(I) (A)-(III), (B)-(IV), (C)-(II), (D)-(I) (A)-(II), (B)-(I), (C)-(IV), (D)-(III) |
(A)-(IV), (B)-(III), (C)-(II), (D)-(I) |
The correct answer is Option (2) → (A)-(IV), (B)-(III), (C)-(II), (D)-(I)
(A) Secular Variation ⟶ (IV) Data regarding National income Secular variation refers to the long-term trend or movement in a time series. For example, national income generally shows a long-term upward or downward trend due to economic growth or decline. (B) Seasonal Variation ⟶ (III) Monthly sale of woolen cloths Seasonal variation refers to periodic and regular fluctuations within a year, usually due to weather, festivals, or habits. Example: woolen cloth sales rise in winter and fall in summer. (C) Cyclic Variation ⟶ (II) Recession in business Cyclic variation refers to long-term oscillations around the trend line, often associated with the business cycle (prosperity, recession, depression, recovery). Example: a recession phase in business cycle. (D) Irregular Variation ⟶ (I) Pandemic Irregular variation refers to unpredictable, non-repeating, short-term fluctuations caused by unforeseen events. Example: a pandemic or natural calamity disrupting normal patterns. |