In India, the term liberal essentially meant a voice representing courage and wider awareness. Training of such a voice was the main job of colleges and universities. This function grew under severe constraints in colonial times. Post independence, in higher education, the new economic policy designed on the principles of liberalization offered no safety net. From the beginning, the assumption was that higher education ought to generate its own resources. Both Central and State universities have been starved of financial resources. Cutting down on permanent staff, both teaching and non-teaching have emerged as the best strategy to cope with the financial crunch. So, if we now return to the question my young student had asked: 'Does liberalization promote liberal values?' The answer is, 'It hasn't.' With reference to the above passage, which of the following is the most valid assumption?

The passage mentions that generation Alpha will have a lot more advantages in terms of education, technology and wealth. Hence, parents will need to adapt to the growth requirement of such children with sensitivity, understanding and financial planning. Also, the fact that parents will need to identify their child's capability implies that each child would have to be dealt with separately.

The passage assumes that parents have the financial capability to raise a child, but this capability needs to be appropriately channelized.

Statement 1 contradicts this assumption by doubting the finances.

Statement 2 is a valid assumption as the passage wants parents to raise a child based on his/her capabilities and goals.

Statement 3 is also a valid assumption as the passage discusses how parents should cater to their child's needs and adopt a parenting style to suit the same.

Hence, statements 2 and 3 are valid assumptions.

Hence, the correct answer is option c.