After independence the government took over the commanding heights of the economy under which policy?
ALaissez faire
BFeudal economy
CMixed economy
DFree market
Answer & Solution
Correct answer: C. Mixed economy
1. Some sectors were reserved for government.
2. This was the mixed economy policy.
3. Licensing spread industry across regions.
_Source: syllabus Social Change and Development in India, Chapter 5, Change and Development in Industrial Society._
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