Detailed Explanation:

Answer: Option 1 — Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I

National Handloom Day is observed annually on 7th August to honour handloom weavers and highlight India's handloom industry. The date was specifically chosen to commemorate the launch of the Swadeshi Movement on 7th August 1905 at Calcutta Town Hall, which aimed at reviving domestic products and production processes in protest against the partition of Bengal.

✅ Statement-I – Correct: 7th August is declared as the National Handloom Day, first observed in 2015.
✅ Statement-II – Correct: The Swadeshi Movement was launched on 7th August 1905 at Calcutta Town Hall.

Since the date of National Handloom Day was deliberately chosen to commemorate the Swadeshi Movement's launch, Statement-II correctly explains Statement-I.

📝 Short Notes: Swadeshi Movement (1905-1908)

• Launch Date: 7th August 1905 at Calcutta Town Hall in response to the Partition of Bengal announced by Lord Curzon
• Objective: Boycott of British goods and promotion of Indian-made products (Swadeshi goods) as a form of economic nationalism
• Key Features: Boycott of foreign goods, promotion of indigenous industries (especially handloom textiles), establishment of Swadeshi stores, and mass participation
• Leaders: Bal Gangadhar Tilak, Lala Lajpat Rai, Bipin Chandra Pal, Aurobindo Ghosh
• Methods: Public meetings, processions, formation of Swadeshi Samitis, use of Swadeshi or indigenous goods, and establishment of national educational institutions
• Impact: First mass movement involving various sections of society; laid foundation for future mass movements and promoted indigenous industries, particularly handlooms
• National Handloom Day: Instituted by Government of India in 2015, celebrated on 7th August to honor the contribution of handloom weavers and the Swadeshi spirit