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  • Question
  • What is one example of a closed economy?


  • Options
  • A. Brazil
  • B. China
  • C. Pakistan
  • D. India

  • Correct Answer
  • Brazil 

    Explanation

    Brazil is one example of a closed economy in the given options. 

    A closed economy is one that has no trade activity with outside economies. A closed economy is self-sufficient, which means no imports come into the country and no exports leave the country. A closed economy's intent is to provide domestic consumers with everything they need from within the country's borders.

  • Tags: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO

    Basic General Knowledge problems


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    • 1. Which of the following is the India's first underwater robotic drone?

    • Options
    • A. EyeROV TUNA
    • B. HandROV TUNA
    • C. BrainROV TUNA
    • D. HeadROV TUNA
    • Discuss
    • 2. India holded its first-ever global tourism mart in which city?

    • Options
    • A. New Dehi
    • B. Hyderabad
    • C. Bangaluru
    • D. Kolkata
    • Discuss
    • 3. The oldest news agency in the world is

    • Options
    • A. Associated Press
    • B. Agence France-Presse
    • C. Reuters
    • D. None of the above
    • Discuss
    • 4. Someone who has consumed a lot of alcohol

    • Options
    • A. Is never to blame for being sexually assaulted
    • B. May need help getting out of a potentially dangerous situation
    • C. Is not capable of giving true consent
    • D. All of the above
    • Discuss
    • 5. Of 1345 people who gave blood at a blood bank, 247 of them had high blood pressure. What is the probability that one of these people who gave blood did not have high blood pressure? Probability and statistics
    • Discuss
    • 6. The Nobel Literature Prize 2018 has been awarded to

    • Options
    • A. Bob Dylan
    • B. Shashi Tharoor
    • C. George Saunders
    • D. No one
    • Discuss
    • 7. Exercise intensity refers to

    • Options
    • A. the specific component of fitness an activity is designed to improve
    • B. the length of time or number of repetitions to be completed in one workout session
    • C. the number of times per week you need to do a particular exercise to see benefits.
    • D. how much energy is expended while exercising
    • Discuss
    • 8. A tone in music is a sound that

    • Options
    • A. has high frequency
    • B. has definite pitch
    • C. has low duration
    • D. None of the above
    • Discuss
    • 9. The rising of the evening star indicates the

    • Options
    • A. West
    • B. East
    • C. South pole
    • D. North pole
    • Discuss
    • 10. Which planet is known as "Bright Wandering Star"?

    • Options
    • A. Saturn
    • B. Jupiter
    • C. Earth
    • D. Venus
    • Discuss


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