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Question
The Planning Commission designed and executed suitable policies for economic development based on a ________________ model
The Planning Commission designed and executed suitable policies for economic development based on a ________________ model
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Solution
The correct option is D Mixed Economy
A Planning Commission was set up to help design and execute suitable policies for economic development. A mixed Economy model was agreed upon. In this economic model, both the State and the private sector would play important and complementary roles in increasing production and generating jobs.
A Planning Commission was set up to help design and execute suitable policies for economic development. A mixed Economy model was agreed upon. In this economic model, both the State and the private sector would play important and complementary roles in increasing production and generating jobs.
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