In the given question, a statement of Assertion is followed by a statement of Reason. Mark the correct answer.

Assertion:  Indian economy is described as a 'mixed economy'.
Reason: A mixed model like this was open to criticism from both the left and the right

Both the Assertion and the Reason are correct but the Reason is not the correct explanation of the Assertion.

Reason: India did not accept the capitalist model of development in which development was left entirely to the private sector, nor did it follow the socialist model in which private property was abolished and all the production was controlled by the state. Elements from both these models were taken and mixed together in India. That is why it was described as a ‘mixed economy’.