With reference to Indian economy, consider the following statements:
- The Gross Domestic Product (GDP) has increased by four times in the last 10 years.
- The percentage share of Public Sector in GDP has declined in the last 10 years.
Which of the statements, given above is/ are correct?
[UPSC Civil Services Exam (Prelims) 2010]
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answer – (b) 2 only
Explanation:
Statement 1 is incorrect.