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  5. Indian Economy / भारतीय अर्थव्यवस्था

12th Class Economics Indian Economy / भारतीय अर्थव्यवस्था Question Bank MCQs - Indian Economy (1950-1990)

  • question_answer
    In which of these nations, economic activities are governed by socialistic principles?

    A) India and China

    B) China and Indonesia

    C) Cuba and Indonesia

    D) China and Cuba

    Correct Answer: D

    Solution :

    In socialism goods are produced on the basis of needs of the people and not on the basis of their ability to pay for the goods.


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