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Question

________ was the economic model that India adopted after independence.

A
Socialist economy model
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B
Capitalist economy model
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C
Mixed economy model
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D
Traditional economy model
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Solution

The correct option is C Mixed economy model
<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> After independence, India adopted a Mixed economy model. It consists of the best of Socialist and Capitalist qualities. Both public and private sectors were given importance.

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