Read the given passage carefully and answer the following questions:

On the eve of Independence, India had before it, two models of modern development: the liberal – capitalist model as in much of Europe and the U.S. and the socialist model as in the U.S.S.R. There were many in India then who were deeply impressed by the Soviet model of development. These included not just the leaders of the Communist Party of India, but also those of the Socialist Party and leaders like Nehru within the Congress. There were very few supporters of the American style capitalist development.

(i) Differentiate between the two models of modern development under consideration before independent India.

(ii) Which model of development did India adopt and why?

(iii) Why did very few Indian leaders support the capitalist model?