Given below are some statements. Read them carefully and choose the correct statement (s) from the given options.

Statement 1: In pre-reforms period of China, due to the extensive land reforms, collectivisation, the Great Leap Forward and other initiatives, the per capita grain output had increased substantially.   

Statement 2: The Chinese leadership in 1978 felt that the Maoist vision of economic development based on decentralisation, self sufficiency and shunning of foreign technology, goods and capital had failed.    

Only Statement 2 is correct.

The correct answer is option 2: Only Statement 2 is correct.

Statement 1: In pre-reforms period of China, due to the extensive land reforms, collectivisation, the Great Leap Forward and other initiatives, the per capita grain output had increased substantially. This is false. Despite extensive land reforms, collectivisation, the Great Leap Forward and other initiatives, the per capita grain output in 1978 was the same as it was in the mid-1950s.

Statement 2: The Chinese leadership in 1978 felt that the Maoist vision of economic development based on decentralisation, self sufficiency and shunning of foreign technology, goods and capital had failed. This is true. Because of these reasons, the reforms were initiated by China in 1978.