CBSE Class 12 Economics sample paper 2024-25: question 21
From the official CBSE sample question paper for 2024-25, section B, question 21, for 1 mark. Try it first; the hints and our step-by-step solution are below.
Q21 · 1 mark · MCQIndian Economy 1950-1990
In the post-independence era, the policymakers of India adopted an economic system that fundamentally implies the coexistence of ______ and ________.
(Choose the correct option to fill up the blank)
- (A)small and large-scale industries
- (B)small and medium-scale industries
- (C)public and private sector
- (D)private and foreign sector
Source: official sample paper from cbseacademic.nic.in (PDF). See it in the full Sample paper 2024-25.
Hints
Open one hint at a time and try again before the next.
Hint 1
Which economic system did India choose in 1950?
Hint 2
Mixed between which two owners?
Step-by-step solution
Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.
After independence, India chose a mixed economy, combining the features of capitalism and socialism.
- 1 mark
A mixed economy means the coexistence of the public and private sectors. Option (C).
Answer: (C) public and private sector
Where the marks are
- Mixed economy: public and private sectors (1 mark)
Revise the chapter
- Chapter: Indian Economy 1950-1990 (notes, formulas, where marks are lost and every past question)
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