UPSC CSE Prelims
Question 78
In the context of Indian economy, consider the following statements :
- The growth rate of GDP has steadily increased in the last five years.
- The growth rate in per capita income has steadily increased in the last five years.
Which of the statements given above is/are correct ?
View correct answer and explanation
Correct answer: D
Correct Option: D
Explanation: The five years before the 2011 examination included the global financial crisis and fluctuating GDP and per-capita income growth; neither growth rate rose continuously each year.
Statement / Item-wise Analysis:
1: Incorrect - Incorrect: annual Indian GDP growth slowed sharply during the 2008–09 crisis before recovering.
2: Incorrect - Incorrect: per-capita income growth also fluctuated, rather than increasing steadily across the five years.
Option-wise Analysis:
A: Incorrect - includes unsupported item 1.
B: Incorrect - includes unsupported item 2.
C: Incorrect - includes unsupported items 1, 2.
D: Correct - correctly excludes all the listed statements.
Review Note: Verify against the particular base-year national-accounts series used by the 2011 paper; subsequent revisions change reported magnitudes.