Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy:1950-1990

Question:

Which of the following countries followed "Socialism" during the time of India's independence?

Options:

United States

United Kingdom

Brazil

Soviet Union

Correct Answer:

Soviet Union

Explanation:

Soviet Union at that time followed "Socialism" i.e. where all the means of production which includes factories and farms of the country, were owned by the government. Our Prime Minister at that time Mr. Jawaharlal Nehru was inclined towards adopting socialism.