Read the passage carefully and answer the following question:

Swatantra Party was formed in August 1959 after the Nagpur resolution of the Congress which called for land ceilings, take-over of food grain trade by the state and adoption of cooperative farming. The party was led by old Congressmen like C. Rajagopalachari, K.M. Munshi, N.G. Ranga and Minoo Masani. The party stood out from the others in terms of its position on economic issues.

The Swatantra Party wanted the government to be less and less involved in controlling the economy. It believed the prosperity could come only through individual freedom. It was critical of the development strategy of state intervention in the economy centralised planning, nationalisation and the public sector. It instead favoured expansion of a free private sector. The Swatantra Party was against land ceilings in agriculture, and opposed cooperative farming and state trading. It was also opposed to the progressive tax regime and demanded dismantling of the licensing regime.

Which statement is true according to Swatantra Party?

Swatantra Party opposed cooperative farming and state trading

The correct answer is Option (2) - Swatantra Party opposed cooperative farming and state trading

As per the passage:
The Swatantra Party wanted the government to be less and less involved in controlling the economy. It believed the prosperity could come only through individual freedom. It was critical of the development strategy of state intervention in the economy centralised planning, nationalisation and the public sector. It instead favoured expansion of a free private sector. The Swatantra Party was against land ceilings in agriculture, and opposed cooperative farming and state trading. It was also opposed to the progressive tax regime and demanded dismantling of the licensing regime.