Question

Give explanation India's economy
of mixed economy
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Answer 1

Indian economy is called a mixed economt because it is neither completely socialist nor capitalist . In india private & public sector both operate in the market. ... (Government nationalised the banks to get a greater control on the economy, passed a charter for LIC to control life insurance ).

Answer 2

Answer:

Indian economy is called a mixed economt because it is neither completely socialist nor capitalist . In india private & public sector both operate in the market. ... (Government nationalised the banks to get a greater control on the economy, passed a charter for LIC to control life insurance