Passage - If the social inequality is the most acutely felt social problem in India, insecurity, more than poverty, is the most acutely felt economic problem. Besides those below the official poverty line, even those just over the poverty line are subject to multiple economic insecurities of various kinds (due to wealth and/or health risks, market fluctuations, job-related uncertainties). Many Government policies are actually intended towards mitigating these insecurities.
With reference to the above passage, the following assumptions have been made:
Which of the above assumptions is/are valid?
Statement I is valid. The passage explicitly states that "even those just over the poverty line are subject to multiple economic insecurities of various kinds". This directly supports the assumption that individuals above the poverty line are also prone to suffer from anxiety regarding economic insecurity.
Statement II is not a valid assumption based on the passage. The passage identifies social inequality as a social problem and economic insecurity as an economic problem. While it discusses government policies aimed at mitigating these insecurities, it does not establish a direct causal relationship or claim that the eradication of poverty will inherently result in peace and social equality in the country. Such an inference extends beyond the scope and direct statements provided in the text.
Options B, C, and D are incorrect because they either incorrectly validate Statement II or invalidate Statement I.