Correct Option (4)
The author's warning against complacency is not substantiated by either statement 1 or 2. The passage explicitly states, "growth is necessary for eradicating poverty but it is not a sufficient condition." This indicates that growth alone is insufficient for poverty eradication, thus making statement 1 incorrect. Additionally, the passage highlights the imperative to "spread the benefits of this growth more widely than has been done thus far," implying that prosperity has not yet reached all segments of the population. This directly contradicts statement 2. The author's concern stems from the need to accelerate growth and ensure its inclusivity, with benefits distributed more broadly, a nuance not captured by either of the provided statements as the reason for complacency.
Incorrect Options:
- Statement 1: growth eradicates poverty. The passage clearly states, "growth is necessary for eradicating poverty but it is not a sufficient condition." This distinction implies that while growth is essential, it must be complemented by other policies to achieve poverty eradication. Therefore, statement 1 is an inaccurate interpretation of the author's position.
- Statement 2: growth has resulted in prosperity for all. The passage notes the potential for the economy "to spread the benefits of this growth more widely than has been done thus far." It also differentiates between gains "heaped primarily on a small segment" versus those "shared widely by the population," indicating that current growth has not led to universal prosperity. Hence, statement 2 is incorrect.
As both statements 1 and 2 are inconsistent with the information presented in the passage, options (1), (2), and (3) are invalid.