Home / Polity / 100 Polity Concept Deep Dive: UPSC Practice Which one of the following statements correctly describes the term 'socialism' with Indian characteristics? A. It involves the nationalization of all key industries.B. It means complete state ownership of material resources of the nation.C. It is a 'state socialism' where the government plays major role.D. It provides for individual freedom with centralized-social control of the economy.
