Correct Option (3)
Both Statement I and Statement II are valid assumptions based on the provided passage.
- Statement I is valid: The passage explicitly states that corporate capitalism "generates jobs" and is essential for resolving unemployment. This directly supports the assumption that it fosters labour force growth and creates employment opportunities.
- Statement II is valid: The passage asserts that capitalism "leads to additional revenues for the State," which can subsequently be utilized for "greater welfare for the marginalized." This mechanism implies a trickle-down effect, where economic benefits are mediated through state redistribution to benefit poorer and marginalized populations.
Incorrect Options:
- Option 1 (I only): This option is incorrect because Statement II is also supported by the passage's explanation of state revenue utilization for marginalized welfare.
- Option 2 (II only): This option is incorrect because Statement I is also directly supported by the passage's reference to job creation and its role in addressing unemployment.
- Option 4 (Neither I nor II): This option is incorrect as both Statement I and Statement II are substantiated by the passage's content.