Nehru favoured which economic system, but not the Soviet version?
ASocialism
BFeudalism
CMonarchy
DAnarchy
Answer & Solution
Correct answer: A. Socialism
1. He rejected total state ownership.
2. He wanted a strong public sector with private property.
3. The outlook was socialism.
_Source: syllabus Economics, Indian Economic Development, Chapter 2, Indian Economy 1950 to 1990._
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