alleryStart learning →A "closed economy" is an economy in which
Athe money supply is fully controlled
Bdeficit financing takes place
Conly exports take place
Dneither exports nor imports take place
Answer & Solution
Correct answer: D. neither exports nor imports take place
UPSC CSE Prelims 2011 (GS-I, Set A), Q.17. Official answer key: D.
Keep practising Financial Regulators
Browse all Financial Regulators questions for AFCAT, or explore more Economy topics.
Related questions
The three pillars of sustainability are typically:Sustainable development is best defined as:Infant Mortality Rate (IMR) measures:The Human Development Index (HDI) combines indicators from which three areas?Per Capita Income (PCI) is calculated as:The lowering of Bank Rate by the Reserve Bank of India leads toEconomic growth is usually coupled withIn India, which of the following have the highest share in the disbursement of credit to a