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RRB Junior Engineer / DMS / CMA 2019 · Question 5 of 3719

The Indian economy can be most appropriately described as a ______ economy.

General Awareness - Economy

  1. Aa. MixedCorrect
  2. Bb. Capitalist
  3. Cc. Traditional
  4. Dd. Socialist

Answer: A. a. Mixed

Explanation

The Indian economy can be most appropriately described as a **mixed economy**. This means that it incorporates elements of both capitalist and socialist economic systems, featuring both private and public ownership of resources and enterprises.

Source: RRB JE 2019 CBT-1 (24-May-2019 Shift-2) — ixambee compilation with answer key and solutions · reliable-secondary

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