Assertion (A): India is a mixed economy.
Reason (R): In India, both public and private sectors produce goods and services.

Both A and R are true, and R is the correct explanation of A.Correct answerYour answerBoth A and R are true, but R is not the correct explanation of A.Correct answerYour answerA is true, but R is false.Correct answerYour answerA is false, but R is true.Correct answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer A

Correct answer: A

Both statements are true.
The coexistence of public and private sectors is what makes an economy mixed, so R explains A.

Concept: Why India is a mixed economy
Typical timeTypical: 70 s
Your timeYours: —

The rule this testsEconomic systems; positive and normative

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Assertion (A): India is a mixed economy.Reason (R): In India, both public and private sectors produce goods and services.

Explanation

Assertion (A): India is a mixed economy.
Reason (R): In India, both public and private sectors produce goods and services.