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      Question

      India is considered to be which of the following types

      of economy?
      A Traditional Economy Correct Answer Incorrect Answer
      B Pure Market Economy Correct Answer Incorrect Answer
      C Pure Command Economy Correct Answer Incorrect Answer
      D Mixed Economy Correct Answer Incorrect Answer

      Solution

      Indian economy is called a mixed economy because it is neither completely socialist nor capitalist . In india private & public sector both operate in the market.

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