Q.41)-The closest example of a centrally planned economy is the ______ for the major part of the 20th Century.
  • USA
  • India
  • Soviet Union
  • Japan
Q.42)-What is the meaning of 'Laissez Faire Policy'?
  • Fair legislation
  • Control over trade
  • Withdrawal of 'some restrictiones'
  • None of these
Q.43)-In which economic system the goods produced are distributed among people not on the basis of what people need but on the basis of Purchasing Power?
  • Socialist
  • Mixed
  • Capitalist
  • Marxist