Question

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.

• A. Statement 1 is true and Statement 2 is false.
• B. Statement 1 is false and Statement 2 is true.
• C. Both Statements 1 and 2 are true.
• D. Both Statements 1 and 2 are false.

Hint:

Analyze economic and political policies of countries carefully to identify differences in their development strategies.

Answer 1

The Correct Option is A

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.