Question
A “closed economy” is an economy in which -
Attempt this previous-year question. The correct option stays hidden until you choose.
A “closed economy” is an economy in which -
Pick an option to check yourself.
• Correct Answer: D
• A closed economy has zero foreign trade—neither exports nor imports.
• It is self-sufficient and isolated from global markets, unlike an open economy.
Attempt Prelims MCQs or open Mains questions by paper — then continue the same bank inside the app with visual decks.