Economics · Economy

Consider the following statements about innovation and research and development (R&D) in India: 1. India's rank in the Global Innovation Index reported by the World Intellectual Property Organization (WIPO) has improved significantly between 2015 and 2024. 2. Funding of research and development is sourced primarily from private sector entities and is sectorally concentrated in pharmaceuticals and information technology. Which of the statements given above is/are correct?

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