One of the main task post independence was to decide on the type of economic system most suitable fo...........

One of the main task post independence was to decide on the type of economic system most suitable for India. Consider the following statements.

1. Jawaharlal Nehru was in favour of the socialism as established in the former Soviet Union.

2. India moved with the mixed economy mainly due to the opposition from other leader.

3. With mixed economy India sought an alternative to the capitalism and socialism concepts.

Select the incorrect ones.

1 and 2

Only 3

All of these

Only 2

Explanation:

Jawaharlal Nehru was a supporter of socialism. But not in favor of the socialism as established in the former Soviet Union where all means of production were owned by government. It was not possible in a democracy like India. So Nehru and other leaders sought an alternative, not to the capitalism and socialism concepts, but to the extreme versions of them.