General Knowledge · Indian Economy
India's post-independence economic model is described as a 'mixed economy'. What does this term imply?
- 1Economic activities are solely controlled by the government public sector.
- 2Economic activities are completely free from government intervention.
- 3Co-existence of both public and private sectors in economic activities.✓
- 4Dominance of foreign companies in all major economic sectors.
Correct answer
Co-existence of both public and private sectors in economic activities.
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