Current Affairs · Indian Economy
Given below are two statements: Statement I: Since the start of the 21st century, the annual average GDP growth rate of India has broadly been around 6% to 7%. Statement II: For a major multi-year period between 2013 and 2018, India was the world's fastest-growing major economy, periodically surpassing China. In the light of the above statements, choose the most appropriate answer from the options given below:
- 1Statement I is incorrect but Statement II is correct.
- 2Statement I is correct but Statement II is incorrect.
- 3Both Statement I and Statement II are incorrect.
- 4Both Statement I and Statement II are correct.✓
Correct answer
Both Statement I and Statement II are correct.
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