Read the following passage and answer the question given below.

The 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 co-operative farming. The party was led by old Congressmen like C. Rajagopalchari, 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 involved in controlling the economy. It believed that 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 sectors. It instead favoured expansion of free private sectors. It was critical of the policy of non-alignment and maintaining friendly relations with the Soviet Union and advocated closer ties with the United States. The party's narrow social base and lack of a dedicated cadre, did not allow it to build a strong organisational structure.

The Swatantra Party was critical of the development strategy of State intervention in the economy because:

it believed that prosperity could come only through individual freedom

The correct answer is Option 3 - it believed that prosperity could come only through individual freedom

The Swatantra Party was critical of the development strategy of State intervention in the economy because it believed that prosperity could come only through individual freedom.

As per the passage:

The party stood out from the others in terms of its position on economic issues. The Swatantra Party wanted the government to be less involved in controlling the economy. It believed that 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 sectors.