Read the following statements carefully:
Statement 1: India, Pakistan and China have similar physical endowments, but totally different political systems.
Statement 2: Both India and Pakistan laid great emphasis on creating a large private sector.
Statement 2: Both India and Pakistan laid great emphasis on creating a large private sector.
Show Hint
- Statement 1 is true and Statement 2 is false.
- Statement 1 is false and Statement 2 is true.
- Both Statements 1 and 2 are true.
- Both Statements 1 and 2 are false.
The Correct Option is A
Solution and Explanation
Statement 1: This is correct because India, Pakistan, and China share similar geographical features, such as river systems and fertile plains, but their political systems differ significantly.
Statement 2: This is incorrect because India focused on creating a mixed economy with significant public sector involvement, while Pakistan also emphasized state-led initiatives initially, rather than focusing on a large private sector.
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