Question

Which of the following statement are correct

Statement 1:- Social system of India has also played its role in the widening of poverty.

Statement 2:- Due to corruption, the poverty alleviation program which was framed could not succeed.

Statement 3:- During British Rule, the British Govt. ruined the textile industry of India. They used India as a mere exporter of raw materials and buyer of finished goods. 

Options

• Only statement 1 is correct

• Only statement 2 is correct

• All (1), (2) and (3) are correct

• None of the statement is correct

Answer 1

All (1), (2), and (3) are correct

Explanation:

During British rule, the British government decimated India's textile industry. They used India as a raw material exporter and a buyer of completed goods. They took advantage of our economy and left it devastated. India's social system has also contributed to the spread of poverty. Our country's social structure is littered with antiquated traditions and institutions like the caste system, joint family system, inheritance and succession rules, and so on. All of this obstructs the economy's dynamic development. Poverty alleviation measures that were put in place failed due to corruption. As a result, corruption has been a source of poverty.