Which of the following statements is NOT correct regarding the Directive Principles of State Policy (DPSP) under the Indian Constitution?

Explanation

Under Part IV of the Constitution (Articles 36-51), the Directive Principles of State Policy (DPSPs) are non-enforceable by courts but are fundamental in the governance of the country, and the State must apply them while making laws. Their ultimate goal is to establish a 'Welfare State' and secure social and economic justice, not to establish an advanced capitalist nation. Therefore, the statement regarding a capitalist country is incorrect.