question_answer

      What are the major points when India was declared as mixed economy?

I. Those industries completely owned by the Government e.g.  Ordinance, atomic energy, railways and any industry of national importance were to be the exclusive domain of the Central government.

II. A group of 18 specified industries (of medium category) were in control of the state governments in liaison with the central government.

III. The remaining industrial options which were not covered by either the centre or state lists, were left open to the private sector.

IV. This policy was to be reviewed after 5 years.

A) I & II                

B) I, II & III

C) Only III                        

D) All the above