Given below are two statements: Assertion (A): India's adoption of a mixed economy model reflected its aim to achieve self-reliant growth while maintaining balanced state oversight. Reason (R): The mixed economy model completely barred the private sector from consumer goods manufacturing, leading to state dominance in all economic activities. Choose the correct option:

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Economics · Mixed Economy in India

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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(A) is true, but (R) is false

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