Question : It is defined as making major economic decisions by the conscious decision of a determinate authority, on the basis of a comprehensive survey of the economy as a whole.
Option 1: Economic planning
Option 2: Mixed economy
Option 3: Socialist economy
Option 4: Capitalist economy
Correct Answer: Economic planning
Solution : Economic planning is defined as making major economic decisions by the conscious decision of a determinate authority, on the basis of a comprehensive survey of the economy as a whole. Hence Option A is correct.
Question : It aim was to transform agrarian economy into a modern economy show me the process of rapid industrialisation.
Question : How did the suspension of the Five-year Plans impact India's approach to economic planning?
Question : It involves diversification of economic activities across the geography, sector and technological scope which leads to development of any economy. Which need for entrepreneurship is highlighted here?
Question : What was a major goal of the Janata Dal when it was formed in 1988?
Question : It is a comprehensive package of policy measures which covers various issues connected with different industrial enterprises of the country.
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