SSC GD 2025 PYQ — Question 30

The correct answer is option 1 i.e. Government and Private.

• A mixed economy features the coexistence of both government and private sectors in economic activities.
• The government manages essential services, provides public goods, and promotes social welfare and equitable resource distribution.
• The private sector plays a key role in driving innovation, efficiency, and overall economic growth.
• This system aims to strike a balance between economic freedom and social responsibility, ensuring that growth benefits all sections of society.
• Government intervention helps correct market failures like monopolies, externalities, and income inequality.
• The private sector encourages competition and improves productivity and service quality.
• Countries like India, the U.S., and the U.K. are examples of mixed economies, where both sectors contribute significantly to economic development.
• In India, the mixed economy model is reflected in public enterprises like Indian Railways, alongside private giants like the Tata Group.
• This blend allows India to combine government oversight in key sectors with the entrepreneurial spirit of private enterprise, supporting inclusive growth.
• Let me know if you'd like this turned into a short paragraph or infographic summary!