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Human Capital

In India, the...

Question

In India, the means of production are _______.

A

exclusively in government's hands

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B

exclusively in private hands.

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C

jointly in government and private hands.

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D

none of the above is true.

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Solution

The correct option is D jointly in government and private hands.
India follows a mixed economy and thus the means of production are owned by the public as well as private sectors of production.

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