Socialist party origin can be traced to pre independence era but later it underwent many split...........

Indian Polity NCERT

Socialist party origin can be traced to pre-independence era but later it underwent many splits. Consider the following statement and choose the correct one/s:

1. Socialist party was formed by socialists in 1934, through a split in congress.

2. Socialists believed in ideology of libertarian socialism which believed in peaceful democratic means

1 only

2 only

Both 1 and 2

Neither 1 nor 2

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Explanation:

Congress Socialist Party was formed in 1934 within the Congress. Socialist party was formed in 1948.
2. Socialist Party believed in democratic socialism which follows peaceful democratic means. Libertarian socialism aims to create society without political, economic or social hierarchies, in which every person would have free, equal access for production. It would be achieved through abolition of authoritarian institutions and private property.