WBCS.LIVE practice question

The term ‘Mixed Economy’ denotes:

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

Answer options

  1. Existence of both rural and urban sectors
  2. Existence of both private and public sectors
  3. Existence of both heavy and small industries
  4. Existence of both developed and underdeveloped sectors

Correct answer and explanation

Correct answer: Existence of both private and public sectors