Teaching BPSC 4.0 बिहार उच्च माध्यमिक शिक्षक भर्ती (PGT) Mock Test General Knowledge Economy Human Development Indices and Concepts
In the context of any country, which of the following is the correct description of the Social Market Economy?
1
It is a concept based on the notion that a relationship between two people is created through a process of cost-benefit analysis.
2
It is a platform for listing social enterprise, voluntary and welfare organisations so that they can raise capital.
3
It is a socioeconomic model combining a free-market capitalist economic system alongside social policies and enough regulation to establish both fair competition within the market and generally a welfare state.
4
More than one of the above
5
None of the above