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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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