Which of the following statement is correct about the split in the Communist Party Of India?

Statement 01: The pro-USSR faction remained within the CPI and moved towards closer ties with Congress.

Statement02: The other faction was for some time closer to China and favoured ties with the Congress. The leaders of the latter faction formed the Communist Party of India (Marxist) (CPI-M).

Only Statement 01 is true

The correct answer is Option 1 - Only Statement 01 is true

Given statements:

Statement 01: The pro-USSR faction remained within the CPI and moved towards closer ties with Congress. (Correct)

Statement02: The other faction was for some time closer to China and favoured ties with the Congress. The leaders of the latter faction formed the Communist Party of India (Marxist) (CPI-M). (Incorrect)

Correct Statement 02: The other faction was for sometime closer to China and was against any ties with the Congress. The party split in 1964 and the leaders of the latter faction formed Communist Party of India (Marxist) (CPI-M).

The Sino-Indian conflict affected the opposition as well. This and the growing rift between China and the Soviet Union created irreconcilable differences within the Communist Party of India (CPI). The pro-USSR faction remained within the CPI and moved towards closer ties with the Congress. The other faction was for sometime closer to China and was against any ties with the Congress. The party split in 1964 and the leaders of the latter faction formed the Communist Party of India (Marxist) (CPI-M). In the wake of the China war, many leaders of what became CPI (M) were arrested for being pro-China.