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Question
In India, planned economy is based on
Options:
A .  Socialist system
B .  Mixed economy system
C .  Capitalist system
D .  Gandhian system
Answer: Option A
Answer: (a)
In India, a planned economy is based on the socialist system in which all have equal opportunities to education, healthcare, non-exploitation, equality of wealth etc.
The concept was borrowed from Russia and is based on achieving directive principles mentioned in our constitution.

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