GENERAL KNOWLEDGE

Detailed explanation-1: -The Theravada school is sometimes referred to as Hinayana (“little vehicle”) by Mahayana Buddhists, but it should be noted that this is considered an insult by Theravada Buddhists in that it suggests their school is not as important as Mahayana.

Detailed explanation-2: -Theravāda is the only extant mainstream non-Mahayana school. They are derived from the Sri Lankan Mahāvihāra sect, which was a branch of the South Indian Vibhajjavādins. Theravāda bases its doctrine on the Pāli Canon, the only complete Buddhist canon surviving in a classical Indian language.

Detailed explanation-3: -This is a key difference between Theravada and Mahayana Buddhists. Whereas Theravada Buddhists strive to become Arhats and gain freedom from the cycle of samsara, Mahayana Buddhists may choose to stay in the cycle of samsara out of compassion for others.