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Match List - I with List - II.

List - IList - II
(A) Centrally planned economy(I) Depends on demand and supply forces
(B) Mixed economy(II) Economic problem
(C) Market economy(III) Socialist economy
(D) Problem of choice(IV) Public and Private sector

Choose the correct answer from the options given below :

Solution

Correct Option: 4

Centrally planned economy is a Socialist economy (III). Mixed economy has both Public and Private sector (IV). Market economy depends on demand and supply forces (I). Problem of choice is the Economic problem (II). Hence A-III, B-IV, C-I, D-II.

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