The correct answer is V-Shaped Recovery .
Indian economy is witnessing V-shaped recovery: Finance Ministry report The various shapes of economic recovery :
V-Shaped Recovery :
A V-shaped recovery is characterized by a quick and sustained recovery in measures of economic performance after a sharp economic decline
U-shaped recovery :
It describes a type of economic recession and recovery that charts a U shape, established when certain metrics, such as employment, GDP, and industrial output sharply decline and then remain depressed typically over a period of 12 to 24 months before they bounce back again.
W-shaped recession:It begins like a V-shaped recession but then turns back down again after showing false signs of recovery. W-shaped recessions are also called" double-dip recessions" because the economy drops twice before the full recovery is achieved.
L-shaped recovery : It is the most harmful type of recession and recovery, because there is a drastic drop in economic growth and the economy does not recover for a significant period of time, an L-shaped recession is often called a depression.
