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.
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 true, and Statement 2 is true.
Solution : The correct answer is (a) Statement 1 is true, and Statement 2 is true.
Statement 1 is true. Income redistribution measures, such as progressive taxation, social welfare programs, and targeted assistance to vulnerable populations, can help reduce income disparities and alleviate poverty. By redistributing resources and wealth from higher-income individuals or sectors to those in need, these measures aim to ensure a more equitable distribution of resources and opportunities, ultimately lifting people out of poverty.
Statement 2 is crucial for poverty eradication. This statement is also true. Income disparities and unequal distribution of resources can perpetuate and exacerbate poverty. When a significant portion of society's resources and opportunities are concentrated in the hands of a few, it can create a cycle of poverty and hinder social mobility. Addressing income disparities and promoting equitable distribution of resources is essential to create a more just and inclusive society and effectively combat poverty.
Therefore, both statements are true, as poverty can indeed be tackled through income redistribution measures, and reducing income disparities and ensuring equitable resource distribution is crucial for poverty eradication.
Question : Statement 1: Economic growth alone is sufficient to eradicate poverty.
Statement 2: Poverty eradication requires equitable distribution of resources and social development measures.
Question : Statement 1: Lack of social and political empowerment can perpetuate poverty.
Statement 2: Empowering marginalized communities and ensuring their participation in decision-making processes are crucial for poverty reduction.
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 : 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: Human capital formation has no impact on poverty reduction.
Statement 2: Human capital formation plays a crucial role in poverty reduction by improving employment opportunities and income levels.
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