UPSC Economics People as Resource Question Bank Structure of Economy and Human Resources in India

      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)        None of these

Correct Answer: C

Solution :

Both statements are correct.