The similarity and dissimilarity between Gandhism and Marxism are as under:
(1) Conception of Ideal State:There is a great similarity between Mahatma Gandhi and Kart Marx. However, while the final aim of both them it the establishments of a stateless and classless society, their means for achieving this aim are different. Mahatma Gandhi wanted to achieve thisend through non-violent means but Marx wanted to achieve it through violent means.
(2) Capitalism: Though both Mahatma Gandhi and Karl Marx were opposed to capitalism and exploitation, yet they propagated different means to remove capitalism not by violent means but through economic decentralization, by encouraging cottage industries, and by making the capitalist trustees.
(3) Spiritualism vs. Materialism: Mahatma Gandhi was decisively a spiritualist. On every aspect of his life there was a deep impact ofreligion. He was saint and a staunch believer in God. He did not attach any importance to materialism and luxuries of life. He said that man should have minimum needs. He did not attach any importance to politics devoid of religion.Karl Marx considered religion as opium for the workers, because in his view religion made man a fatalist and it did not allow discontentment to arise in the workers against capitalism. The result was that they lacked organisation and enthusiasm needed for a revolution
(4) Ends and Means: Mahatma Gandhi was not in favour of using violent means for achieving a good end. Therefore, he adopted non-violent means for the achievement of India’s freedom and criticised revolutionaries who wanted to adopt all types of means, including the violent ones, for the achievement of India’s freedom. Marxists do not believe in non-violence. They believe that capitalism cannot be abolished trough parliamentary means and socialist revolution is not possible without the use of violence
(5) Class War: Marxists have a deep faith in class struggle. Mahatma Gandhi said that class-struggle brought ruin to the country and it made the production of goods fall considerably. All propertied persons were not bad. There was an urgent need to change their minds.
(6) Investment of Capital: With regard to the investment of capital the views of Marx and Gandhiji are different. Marxists say that there should be socialisation of the means of production. First of all they want to transfer to it the control of all the industries. Mahatma Gandhi allows the investment of private capital but not exploitation through it. He wants to make the capitalists trustees of the national wealth. In case the capitalists do not agree to become the trustees, he is ready to give the power to the state to control the industries of the capitalists by using minimum force. He is also not in favour of snatching land from the landlords by force. He is ready to accept their private ownership on land, while Marx is not ready to allow private ownership on land. Gandhi is also in favour of co-operative farming, while the Marxists are in favour of collective farming, in which there is a great control of the state.
(7) Democracy vs. Dictatorship: Gandhiji had a firm faith in democracy, but he considered the Western democracy as incomplete. He said that there should be decentralisation of power. The Panchayats in the village should be given more powers and the villages should be given complete autonomy. He was the supporter of welfare state and hated dictatorship or autocracy. The Marxists believe in the Dictatorship of the proletariat. They want to give maximum powers to the workers.

In the context of the Indian economy, non-financial debt includes which of the following?1. Housing loans owed by households2. Amounts outstanding on credit cards 3. Treasury billsSelect the correct answer using the code given below:

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In the context of the Indian economy, non-financial debt includes which of the following?
1. Housing loans owed by households
2. Amounts outstanding on credit cards
3. Treasury bills
Select the correct answer using the code given below: