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Consider the following statements about the concept of equity.
1. It is important to ensure that the benefits of economic prosperity reach the poor sections
2. Now growth, modernization and self-reliance, by themselves, may not improve the kind of life which people are living
Which of the statements is/are correct?
- a)1 Only
- b)2 Only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements about the concept of equity.1. It i...
- Equity: Now growth, modernisation and self-reliance, by themselves, may not improve the kind of life which people are living.
- A country can have high growth, the most modern technology developed in the country itself, and also have most of its people living in poverty. It is important to ensure that the benefits of economic prosperity reach the poor sections as well instead of being enjoyed only by the rich.
- So, in addition to growth, modernisation and self-reliance, equity is also important. Every Indian should be able to meet his or her basic needs such as food, a decent house, education and health care and inequality in the distribution of wealth should be reduced.
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Consider the following statements about the concept of equity.1. It i...
Introduction:
Equity refers to the fair distribution of resources, opportunities, and benefits among individuals and groups in society. It aims to ensure that everyone has equal access to essential services and a decent standard of living.
Explanation:
1. It is important to ensure that the benefits of economic prosperity reach the poor sections:
This statement highlights the significance of equity in economic development. Economic prosperity should not be concentrated in the hands of a few, but should be distributed fairly among all sections of society, especially the poor. When the benefits of economic growth reach the poor, it helps in reducing poverty, inequality, and social disparities. It promotes inclusive development and social cohesion.
2. Now growth, modernization and self-reliance, by themselves, may not improve the kind of life which people are living:
This statement emphasizes that economic growth, modernization, and self-reliance alone may not necessarily lead to an improvement in people's lives. While these factors are important for development, their impact on the quality of life depends on how the benefits are distributed. If the benefits are concentrated in a few hands, it can lead to widening inequalities and exclusion of marginalized sections. Therefore, it is important to ensure that development efforts are accompanied by equitable distribution of resources and opportunities.
Conclusion:
Both statements are correct as they highlight the importance of equity in ensuring that the benefits of economic prosperity reach the poor sections of society and that growth and modernization alone may not improve people's lives unless accompanied by equitable distribution. By promoting equity, societies can strive towards a more just and inclusive development path, where everyone has equal opportunities and access to essential resources.
Equity refers to the fair distribution of resources, opportunities, and benefits among individuals and groups in society. It aims to ensure that everyone has equal access to essential services and a decent standard of living.
Explanation:
1. It is important to ensure that the benefits of economic prosperity reach the poor sections:
This statement highlights the significance of equity in economic development. Economic prosperity should not be concentrated in the hands of a few, but should be distributed fairly among all sections of society, especially the poor. When the benefits of economic growth reach the poor, it helps in reducing poverty, inequality, and social disparities. It promotes inclusive development and social cohesion.
2. Now growth, modernization and self-reliance, by themselves, may not improve the kind of life which people are living:
This statement emphasizes that economic growth, modernization, and self-reliance alone may not necessarily lead to an improvement in people's lives. While these factors are important for development, their impact on the quality of life depends on how the benefits are distributed. If the benefits are concentrated in a few hands, it can lead to widening inequalities and exclusion of marginalized sections. Therefore, it is important to ensure that development efforts are accompanied by equitable distribution of resources and opportunities.
Conclusion:
Both statements are correct as they highlight the importance of equity in ensuring that the benefits of economic prosperity reach the poor sections of society and that growth and modernization alone may not improve people's lives unless accompanied by equitable distribution. By promoting equity, societies can strive towards a more just and inclusive development path, where everyone has equal opportunities and access to essential resources.
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Consider the following statements about the concept of equity.1. It is important to ensure that the benefits of economic prosperity reach the poor sections2. Now growth, modernization and self-reliance, by themselves, may not improve the kind of life which people are livingWhich of the statements is/are correct?a) 1 Onlyb) 2 Onlyc) Both 1 and 2d) Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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Consider the following statements about the concept of equity.1. It is important to ensure that the benefits of economic prosperity reach the poor sections2. Now growth, modernization and self-reliance, by themselves, may not improve the kind of life which people are livingWhich of the statements is/are correct?a) 1 Onlyb) 2 Onlyc) Both 1 and 2d) Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements about the concept of equity.1. It is important to ensure that the benefits of economic prosperity reach the poor sections2. Now growth, modernization and self-reliance, by themselves, may not improve the kind of life which people are livingWhich of the statements is/are correct?a) 1 Onlyb) 2 Onlyc) Both 1 and 2d) Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements about the concept of equity.1. It is important to ensure that the benefits of economic prosperity reach the poor sections2. Now growth, modernization and self-reliance, by themselves, may not improve the kind of life which people are livingWhich of the statements is/are correct?a) 1 Onlyb) 2 Onlyc) Both 1 and 2d) Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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