Read the following statements carefully : Statement 1: China has used…

CBSE Economics class 12 question and answer | Read the following statements carefully : Statement 1: China has used Market system mechanism without loosing political commitment to create additional social and economic opportunities. Statement 2 : India, Pakistan and China have similar physical endowments but totally different Political systems.

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Read the following statements carefully :
Statement 1: China has used Market system mechanism without loosing political commitment to create additional social and economic opportunities.
Statement 2 : India, Pakistan and China have similar physical endowments but totally different Political systems.

(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.

Ans. The correct answer is:

(B) Statement 1 is false and Statement 2 is true.