Question

The Gandhiyan economy is based on the principle of:

  1. Competition
  2. Trusteeship
  3. State Control
  4. None of the above

Answer:

Option B: Trusteeship

Detailed Solution:

The correct answer is “Trusteeship”.

The Gandhian economy is based on the basis of the trusteeship principle, the owner does not consider himself a company owner, but he considers the company as a trust or heritage.