UPSC Polity Question
Which of the following correctly outlines the principles of Indian socialism? 1. Nationalization of all means of production 2. Creation of no-class social system 3. Emphasis on welfare policies 4. No use of force to implement socialist ideas 5. Abolition of Private property through peaceful means Select the correct answer using the codes given below:
A. 1, 2 and 3 only
B. 3 and 4 only
C. 2, 3 and 4 only
D. 1, 2, 3 and 5 only
Correct Answer:
B. 3 and 4 only
Explanation:
Indian socialism is 'democratic socialism', not 'communistic socialism'. It does not advocate for nationalization of all production (1) or the abolition of private property (5). It is characterized by an emphasis on welfare policies (3) to reduce inequality and a commitment to democratic and non-violent means (4).