With reference to the above passage, the following assumptions have been made: I. People above the poverty line also are prone to suffer from anxiety about economic insecurity. II. Eradication of poverty can result in peace and social equality in the country. Which of the above assumptions is/are valid?

1. A. I only
2. B. II only
3. C. Both I and II
4. D. Neither I nor II

Answer: A

Explanation

Assumption I is valid. The passage explicitly states, “Besides those below the official poverty line, even those just over the poverty line are subject to multiple economic insecurities of various kinds.” This directly supports the idea that economic anxiety and insecurity are not limited to those officially classified as poor. Assumption II is invalid. The passage focuses on economic insecurity and poverty but does not discuss broader societal outcomes like peace or social equality, nor does it suggest a direct causal link between poverty eradication and these outcomes. This assumption introduces concepts not addressed within the scope of the passage. This question tests the ability to identify valid assumptions strictly based on the provided text, avoiding inferences that introduce new concepts or broader societal implications not discussed.