Multiple choice

In the context of Indian economy, consider the following statements:

  1. The growth rate of GDP has steadily increased in the last five years.
  2. The growth rate in per capita income has steadily increased in the last five years.

Which of the statements given above is/are correct?

  1. 1 only

  2. 2 only

  3. Both 1 and 2

  4. Neither 1 nor 2
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Growth rate of GDP  05-06 - 9.5  06-07- 9.7  07-08-9.2  08-09-6.7  09-10-7.2  Growth rate of per capita income:  05-06 - 7.6  06-07- 7.9  07-8.1  08-09-3.7  09-10-5.3

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