a command economy is an economy where government plays the important role. Eg, prices are fixed by the government. a market economy is an economy where private individuals take their own decisions with less government intervation.Eg,prices are fixed by the forces of market-demand and supply. a mixed economy is a combination of both the economies-both the government as well as the private individuals take decisions.
15 meanings of IST acronym and IST abbreviation. Get the Military definition of IST by All Acronyms dictionary. Top Definition: Information Systems Technology In Military dictionary category.
Currently has same time zone offset as IST (UTC +5:30) but different time zone name. India Standard Time (IST) is 5:30 hours ahead of Coordinated Universal Time (UTC). This time zone is in use during standard time in: Asia. India Standard Time is a half-hour time zone. Its local time differs by 30 minutes instead of the normal whole hour. This time zone is often called Indian Time.