WBCS.LIVE practice question

Indian economy is an example of a mixed economy because:

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Urban sector coexists with vast rural sector
  2. Traditional subsistence economy coexists with modern economy
  3. Private sector coexists with public sector enterprises
  4. Monopoly elements coexist with competitive elements

Correct answer and explanation

Correct answer: Private sector coexists with public sector enterprises