Match the following: 1.

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Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy:1950-1990

Question:

Match the following:

1.	Capitalism	A.	Government take control of the economic activities
2.	Socialism	B.	Both govt and market forces influence demand and supply
3.	Mixed Economy	C.	Control of everything is in one hand
4.	Monarchy	D.	Market forces determines demand and supply

Options:

1-A, 2-C, 3-D, 4-B

1-D, 2-A, 3-B, 4-C

1-B, 2-C, 3-A, 4-D

1-C, 2-B, 3-D, 4-A

Correct Answer:

1-D, 2-A, 3-B, 4-C

Explanation:

The correct answer is Option 2: 1-D, 2-A, 3-B, 4-C

1.	Capitalism	D.Market forces determines demand and supply
2.	Socialism	A.Government take control of the economic activities
3.	Mixed Economy	B.Both govt and market forces influence demand and supply
4.	Monarchy	C.Control of everything is in one hand