7. Chelliah Committee of 1992 deals with the overhauling of our

a) public sector undertakings b) financial system c) tax system d) patents and copyrights

8. Economic planning is an essential feature of

a) capitalist economy b) socialist economy c) mixed economy d) dual economy

9. Which among the following is an essential characteristic of mixed economy?

a) co-existence of small scale and large scale industries b) co-existence of private and public sectors c) assigning equal importance to both agriculture and heavy industries d) co-existence of the rich and the poor