Licensing system in a mixed economy means
A) Issue of licence by the government.
B) Control over production and distribution of resources
C) Routine work of administrators.
D) None of the above.
Correct Answer:
Verified
Q15: Administration Lag means
A)Gap between Development need and
Q16: The Great Depression relates to
A)World economic crisis
Q17: Development in socialism doesn't mean
A)Equal distribution of
Q18: Capitalist model of development relates to
A)Co-operative model
Q19: Mixed Economy means
A)Fluctuating economy.
B)Mixer of Capitalism and
Q20: Public Sector denotes
A)Individual enterprise for people
B)Government controlled
Q21: Market Mechanism is a feature of.
A)Mixed economy.
B)Capitalism.
C)Socialism.
D)Marxism.
Q23: Indian economy before 1990 was known for
Q24: The pillar of economic development for Mahatma
Q25: "Tryst with Destiny" is associated with
A)Sardar Patel
B)Jawaharlal
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