Answer:(b) Both statement 1 and statement 2 are correct, and statement 2 is not the correct explanation of statement 1.
Explanation:
Statement 1: 7th August is declared as the National Handloom Day. This statement is correct. The Government of India declared 7th August as the National Handloom Day to commemorate the Swadeshi Movement and promote handloom industry in India. This day was first observed in 2015.
Statement 2: It was in 1905 that the Swadeshi Movement was launched on the same day. This statement is incorrect. The Swadeshi Movement was launched on 7th August 1905, but it was not the same day as the National Handloom Day. The Swadeshi Movement was a part of the Indian independence movement and aimed at boycotting foreign goods and promoting Indian products.