Nature of Indian Economy One Liner Questions & Answers


Questions Answers
1 India aims to achieve a 5 trillion dollar economy by – 2024
2 Mixed economy means – Where public sector and private sector co-exist in the national economy
3 Indian Economy is – Mixed economy
4 It will be true to classify India as – A labour-surplus economy
5 The Indian Economy can be described as – A developing economy
6 The Indian model of development ensures the interest of – State and Person both