Correct Answer: Both assertion and reason are true, and the reason is the correct explanation of the assertion.

Solution : The correct answer is (a) Both assertion and reason are true, and the reason is the correct explanation of the assertion.

The assertion is true. Poverty is a complex issue that cannot be addressed solely through economic growth. In order to effectively reduce poverty, it is essential to ensure that the benefits of economic development are shared by all sections of society. This requires inclusive growth, which means that the opportunities and benefits of development should reach marginalized and vulnerable groups as well.

The reason provided, stating that inclusive growth ensures that the benefits of economic development reach all sections of society, reducing income disparities, is the correct explanation of the assertion. When economic growth is inclusive, it helps to reduce income disparities and narrow the gap between the rich and the poor. Inclusive growth strategies aim to create opportunities for all individuals to participate in and benefit from the economy, regardless of their socioeconomic background. This leads to a more equitable distribution of resources and contributes to poverty eradication.

Therefore, both the assertion and reason are true, and the reason is the correct explanation of the assertion. Poverty eradication requires not only economic growth but also the implementation of policies and measures that ensure inclusive growth and equitable distribution of resources.