GK
INDIAN ECONOMY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
both agriculture and industry are equallypermotod by the states
|
|
|
there is co-existence of public sector along with private sector
|
|
|
there is importance of small scale industries along with heavy industries
|
|
|
economy is controlled by military as well as civilian rulers
|
Detailed explanation-1: -Mixed economy is one in which both public and private enterprises exist together, with some level of freedom to utilize capital for profit making. However, government interference is expected to achieve social aims.
Detailed explanation-2: -In the Mixed Mixed Economy system, all three sectors exist together, that is the private sector, public sector and joint sector. The government and private companies together hold the responsibilities of the respective division.
Detailed explanation-3: -What is the type of Indian economy? Explanation: The planners of Indian Economy adopted the concept of mixed economy. A mixed economy is consists of private and public sectors. 2.
Detailed explanation-4: -Types of Mixed Economies #1 – Partial State Control – The ownership of factors of production. read more like a factory, machinery, the plant is owned by the private entities, and the government plays a regulatory role. #2 – Total Government Control – The state directly influences the functioning of the entities.