Assertion: After the end of princely rule, the families of former rulers were allowed to keep certain private assets and receive a hereditary grant or government payment.
Reason: Following the 1967 elections, Indira Gandhi backed the call to abolish privy purses, but K Kamraj opposed it, considering it morally wrong and a betrayal of trust with the princely rulers.
Answer & explanation
Correct answer: option 4
Indira Gandhi advocated for the government to eliminate privy purses, whereas Morarji Desai criticized the action, labeling it as morally unjust and a violation of trust with the princely leaders.