Topics:
CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS, Indian Economic Development, NCERT Books
Township and Village Enterprises
Township and village enterprises in China were:
- Owned by the central government
- Owned and operated by local collectives — Correct Answer
- Owned by foreign investors
- Owned by individual farmers
Explanation:
Correct Answer Explanation
Township and village enterprises were owned and operated by local collectives.
Key Points:
- They were allowed to produce goods during the reform phase.
- Private sector firms were also allowed to produce.
- SOEs were made to face competition.
Why Other Options Are Wrong
- A: That describes SOEs.
- C, D: These were local collective enterprises.
📚 About this Topic — CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS
This multiple choice question is from CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS to strengthen your preparation.
