Thanks Javoni and Shalini for your response.
I had also solved the problem the way u did but I am bit confused with the explanation given in OG 12(this is a problem from OG12). I was expecting some one would solve it that way.
I am mentioning the answer explanation below from OG12 and also underlining the text in which I am confused. Please let me know how it is being derived
"The expression 1-x^2 can be factored as (1-x)(1+x). The product is positive when both the factors are positive (this happens if 1>=x and x>=-1, or equivalently if -1<=x<=1) or both factors are negative (this happens if 1<=x and x <=1, which cannot happen), and therefore the solution is -1<=x<=1"
When both the factors are +ve then the issue will be simplified to -1<=x<=1 but when both the factors are -ve how can it be simplified to 1<=x and x <=1?