Given below are two statements:
Statement I: The New right is concerned to advance the cause of liberalism' against 'democracy by limiting the possible uses of state power.
Statement II: The free market does not always operate perfectly and its benefit radically outweigh its disadvantages.
In light of the above statements, choose the most appropriate answer from the options given below.

Correct option is B

Both Statement I and Statement II are incorrect. The New Right does not position itself against democracy; rather, it seeks to limit the interventionist role of the state in the economy without rejecting democracy itself. Furthermore, the New Right champions the free market, asserting that its advantages far outweigh any imperfections. Therefore, while the free market might have flaws, the New Right sees it as the best mechanism for efficient economic functioning, contrary to what is suggested in Statement II.
Information Booster:
1. The New Right is a political movement that supports free-market capitalism alongside social conservatism.
2. It emphasizes the reduction of government regulation in the economy but operates within democratic systems.
3. Proponents of the New Right argue that market freedom brings about the best results, despite occasional inefficiencies.
4. The New Right critiques welfare states for promoting government dependency, not liberalism as an opposition to democracy.