Multiple Choice Questions on In a planned or command economy all the economic decisions are taken by the ........ for SEBI Grade A ( Officer) Exam Preparation

Demand and Supply , Market Structures

Economics- Phase (I & II)

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Indian Economy - Understanding the basics of Indian economic system

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    In a planned or command economy, all the economic decisions are taken by the: 

    Consumers. 

    Incorrect Answer

     Workers.  

    Incorrect Answer

    Government.  

    Correct Answer

    Voters.

    Incorrect Answer
    Explanation:

    In a capitalist economy, the role of government is very limited. The main functions of government are to maintain law and order in a country, make national defense stronger, and regulate money supply. 


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