The economic system that is in implementation in India:
(
)
(A) Capitalist economic system
(B) Socialist economic system
(C) Colonial economic system
(D) Mixed economy
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Question :-
The economic system that is in implementation in India
Answer :-
The economic system that is in implementation in India mixed economy.
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Mixed economy is the coexistence of capitalism and socialism. It may refer to an economic system that combines one of the three characteristics: public and private ownership of Industries, market based allocation with economic planning, or Free market with the state interventions.
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Answer:
d
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