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Q1:

3 June Shift 1

Indian Economic Development > Introduction

Medium

Which of the following is not a feature of centrally planned economy?

Answer options

Control of central authority.

Ownership of resources by government.

Consumer sovereignty.

Dominance over economic activity by public sector.

Correct Answer

Option 3

Correct Answer

Explanation →

CUET Economics Past Year Questions (Topic-Wise):

Indian Economic Development

Rural Development
Development Experience of India
Employment
Human Capital Formation
Economic Reforms (1991)
Poverty
Introduction
Sustainable Economic Development
Development Experience (1947-90)

Macro

Introduction
Government Budget
Balance of Payments
Income & Employment
National Income
Money & Banking

Micro

Consumer Behaviour
Production & Costs
Forms of Market
Introduction
Market Equilibrium

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