Which of the following statements is true?
Statement 1- India, Pakistan and China have similar physical endowments and political systems.
Statement 2- China introduced economic reforms on its own initiative while they were forced upon India and Pakistan by international agencies.
Answer & explanation
Correct answer: option 2
India, Pakistan and China have similar physical endowments but totally different political systems. Whereas, IMF and World Bank forced India and Pakistan to introduce economic reforms, unlike China who introduced them on their own will.