Both Jainism and Buddhism had no faith in the caste system. The caste system was a hierarchical social structure that was deeply entrenched in the religious and cultural fabric of ancient Indian society. It divided people into different castes based on their birth, occupation, and social status, determining their rights and privileges.

Jainism and Buddhism rejected the caste system as they believed in the equality and worth of all individuals, regardless of their birth or social background. They advocated for a society where people were judged based on their actions and moral character rather than their caste. Both religions emphasized the importance of inner spiritual development and personal moral responsibility rather than external rituals, ceremonies, or social distinctions.

While the provided answer is generally correct, it is important to note that both Jainism and Buddhism also rejected the concepts of yajnas (ritualistic sacrifices) and placed a strong emphasis on individual spiritual liberation or salvation (option 2), which made them distinct from other Vedic religions and philosophies.