Practicing Success
Practicing Success
CUET Preparation Today
In the question given below there are 2 statements marked as Assertion (A) and Reason (R). Choose the correct alternative from the following options. Assertion (A)- Pakistan and India both adopted a mixed economic model. Reason (R)- Mixed economic model refers to an economy where all the production activities are controlled by the state. |
Both (A) and (R) are true and (R) is the correct explanation. Both (A) and (R) are true but (R) is not the correct explanation of (A). (A) Is true but (R) is false. (A) Is false but (R) is true. |
(A) Is true but (R) is false. |
A mixed economic model refers to an economic system where public and private sector both work hand in hand and there is no direct control of either the state or market forces. Mixed economic model is a mixture of both capitalistic model and socialistic model. |
