wiz-icon
MyQuestionIcon
MyQuestionIcon
6
You visited us 6 times! Enjoying our articles? Unlock Full Access!
Question

State a country which follows the mixed economic system.

A
India
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
USA
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
North Korea
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
China
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A India
India after independence adopted the mixed economy structure. By doing this the key sectors like defense, power, coal etc were kept under the public domain and rest were open for private sector. Eventually the industries under the public domain reduced but still have some importance and government through its regulatory boards keeps a check on private sector activities.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
India’s Relation with China
CIVICS
Watch in App
Join BYJU'S Learning Program
CrossIcon