Question
What are the major points when India was declared as mixed economy?
- Those industries completely owned by the Government e.g. ordinance, atomic energy, railways and any industry of national importance were to be the exclusive domain of the Central government.
- A group of 18 specified industries (of medium category) were in control of the state governments in liaison with the central government.
- The remaining industrial options which were not covered by either the centre or state lists were left open to the private sector.
- This policy was to be reviewed after 5 years.
Answer: Option D
Answer: (d)
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Answer: (d)
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