Indian economy is a :

(A) capitalistic economy
(B) centralized economy
(C) mixed economy
(D) communistic economy

Correct Answer : mixed economy
A mixed economy is an economic system in which both the private sector and state direct the economy, reflecting characteristics of both market economies and planned economies.
Useful Quotations for : UPSC, State PSC, IBPS, SSC, Railway, NDA, Police Exams
Like The Facebook Page CurrentGK for Current Affairs, Latest GK & Employment News
Tags : General Awareness
Always Ask Questions