Practicing Success

Target Exam

CUET

Subject

Sociology

Chapter

Social Change and Development in India: Change and Development in industrial Society

Question:
Consider an economic policy where some sectors were reserved for government, while others were open to the private sector. What is it called?
Options:
Socialist economic policy
Capitalist economic policy
Mixed economic policy
None of these
Correct Answer:
Mixed economic policy
Explanation:
In India’s mixed economy policy, some sectors were reserved for government, while others were open to the private sector. But within that, the government tried to ensure, through its licensing policy, that industries were spread over different regions.