UPSC 2015 › Indian Economy › National Income & Economic Growth

1 question · 2015 · answers as per the UPSC key

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UPSC 2015 · Q81 · Indian Economy › National Income & Economic Growth · Save

With reference to Indian economy, consider the following statements :

  1. The rate of growth of Real Gross Domestic Product has steadily increased in the last decade.
  2. The Gross Domestic Product at market prices (in rupees) has steadily increased in the last decade.

Which of the statements given above is/are correct?

(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
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Answer: (b) 2 only