Why did India opt for mixed economy?

Important Questions on Indian Economy 1950-1990

EASY

Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Economic Systems and their Types

Prepare a table on the different types of economic systems prevalent in the world. List out the countries as capitalist, socialist and mixed economy.

EASY

Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Economic Systems and their Types

The economy in which Central Authority plans all the important activities can be termed as:

EASY

Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Economic Systems and their Types

Capitalist Economy is controlled and operated by:

EASY

Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Economic Systems and their Types

Define Mixed Economy.

MEDIUM

Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Economic Systems and their Types

How can public sector undertakings be justified despite incurring financial losses?

HARD

Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Economic Systems and their Types

Which of the following are correct in context of the Indian Economic System?

EASY

Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Economic Systems and their Types

After the independence, _____ (mixed/socialist)economy was adopted by the Indian economy.

EASY

Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Economic Systems and their Types

A_____ (Capitalist/Socialist)economy is the one in which the means of production are controlled, owned and operated by the private sector.

EASY

Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Economic Systems and their Types

Socialist economy was adopted by India as an economic system after independence.

EASY

Economics>Indian Economy Post-independence>Indian Economy 1950-1990>Economic Systems and their Types

Under Mixed Economy, the central problems are solved by the government.