Question : Statement 1: Economic growth alone is sufficient to eradicate poverty.
Statement 2: Poverty eradication requires equitable distribution of resources and social development measures.
Option 1: Statement 1 is true, and Statement 2 is true.
Option 2: Statement 1 is true, but Statement 2 is false.
Option 3: Statement 1 is false, but Statement 2 is true.
Option 4: Statement 1 is false, and Statement 2 is false.
Correct Answer: Statement 1 is false, but Statement 2 is true.
Solution : The correct answer is (c) Statement 1 is false, but Statement 2 is true.
Statement 1 is false. While economic growth can contribute to poverty reduction by creating employment opportunities and generating income, it is not sufficient on its own to eradicate poverty. Economic growth needs to be accompanied by other factors such as equitable distribution of resources, social development measures, access to education and healthcare, and targeted poverty alleviation programs to ensure that the benefits of growth reach all segments of society and address the underlying causes of poverty.
Statement 2 is true. Eradicating poverty requires not only economic growth but also a focus on equitable distribution of resources. It is essential to address systemic inequalities, provide access to basic services and social protection, empower marginalized communities, and invest in human development, including education and healthcare. Social development measures, such as improving social infrastructure, promoting social inclusion, and strengthening social safety nets, are crucial for reducing poverty and ensuring sustainable and inclusive development.
Question : Statement 1: Poverty can be eradicated through income redistribution measures.
Statement 2: Reducing income disparities and ensuring equitable distribution of resources is crucial for poverty eradication.
Question : Statement 1: Inadequate social protection measures can perpetuate poverty.
Statement 2: Social protection programs such as pensions, healthcare, and education subsidies can help reduce poverty and inequality.
Question : Statement 1: Investment in human capital reduces economic growth.
Statement 2: Investment in human capital promotes economic growth and development.
Question : Statement 1: Poverty is a permanent condition that cannot be alleviated.
Statement 2: Effective poverty alleviation measures can help individuals and communities escape poverty.
Question : Assertion: Poverty eradication requires inclusive growth and equitable distribution of resources.
Reason: Inclusive growth ensures that the benefits of economic development reach all sections of society, reducing income disparities.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile