Which of the following statements is NOT correct regarding the French Revolution?  I. French Revolution took place during the reign of Louis XV. II. It was a series of events. III. Financial Crisis was one of the reasons for the revolution.

Which of the following statements is NOT correct regarding the French Revolution?  I. French Revolution took place during the reign of Louis XV. II. It was a series of events. III. Financial Crisis was one of the reasons for the revolution. Correct Answer Only I

Key Points
  • French revolution:
    • It was a series of events that happened in France during the 16th century.
    • The French society was divided into three estates, i.e., clergy, nobility and commoners. There were vast differences in wealth distribution and also inequalities exist deeply.
    • The French revolution happened during the Louis XVI's regime.
  • It's Causes:
    • Social inequality was prevalent in French society.
    • The nobility was exempted from paying the taxes and the third estate had to pay the majority of the taxes.
    • King and his wife have luxurious lifestyles and the king’s court men are also corrupt.
    • Economic drain also happened due to war leading to hyperinflation that ruined the financial situation in the country.
  • Impact of French revolution:
    • End of social division in French society.
    • Declaration of rights of man.
    • Revolutionary ideas like equality, fraternity, freedom and good governance finds place in France.
    • End of Monarchy.

Hence, Only I is the correct option.

Related Questions

The global financial crisis in 2008 is considered to be the most serious worldwide financial crisis, which started with the sub-prime lending crisis in USA in 2007. The sub-prime lending crisis led to the banking crisis in 2008 with the collapse of Lehman Brothers in 2008. The sub-prime lending refers to the provision of loans to those borrowers who may have difficulties in repaying loans, and it arises because of excess liquidity following the East Asian crisis. Which one of the following sequences shows the correct precedence as per the given passage?