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Question 1 of 103
1. Question
According to the 1991 Census, the highest percentage of population in India is to be found in the age group of :
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Question 2 of 103
2. Question
Which of the following pairs are correctly matched?
- Increase in—Monetary expansion
- Low import growth rate in India-Recession in Indian industry
- Euro-issues—Shares held by Indian companies in European countries
- Portfolio investment—Foreign institutional
Codes:
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Question 3 of 103
3. Question
Which one of the following is true regarding the Jawahar Rozgar Yojana (JRY)?
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Question 4 of 103
4. Question
The Narasimham Committee for financial sector Reforms has suggested reduction in
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Question 5 of 103
5. Question
One of the reasons for India’s occupational structure remaining more or less the same over the years has been that:
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Question 6 of 103
6. Question
The main reason for low growth rate in India, inspite of high rate of savings and capital formation is :
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Question 7 of 103
7. Question
Which one of the following is correct regarding stabilization and structural adjustment as two components of the new economic policy adopted in India?
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Question 8 of 103
8. Question
One of the important goals of the economic liberalisation policy is to achieve full convertibility of the Indian rupee.
This is being advocated because: -
Question 9 of 103
9. Question
Assertion (A) : Though India’s national income has gone up several fold since 1947, there has been no marked improvement in the per capital income level.
Reason (R): Sizeable proportion of the population of India is still living below the poverty line. -
Question 10 of 103
10. Question
A redistribution of income in a country can be best brought about through:
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Question 11 of 103
11. Question
As per the 1991 Census, which one of the following states has a lower population density than the other three ?
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Question 12 of 103
12. Question
As per the 1991 Census, the average size of households in terms of number of persons per household in respect of the given states follows the sequence (highest first, lowest last)
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Question 13 of 103
13. Question
Human Development Index comprises literacy rates, life expectancy at birth and
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Question 14 of 103
14. Question
In India, inflation is measured by the:
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Question 15 of 103
15. Question
Assertion (A): The emergence of economic globalism does not imply the decline of socialist ideology.
Reason (R) : The ideology of socialism believes in Universalism and globalism.
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Question 16 of 103
16. Question
National Income is:
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Question 17 of 103
17. Question
The Minimum Alternative Tax (MAT) was introduced in the Budget of the Government of India for the year:
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Question 18 of 103
18. Question
The Minimum Alternative Tax (MAT) was introduced in the Budget of the Government of India for the year:
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Question 19 of 103
19. Question
According to the latest census figures sex ratio in India is :
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Question 20 of 103
20. Question
What is the correct sequence of the descending order of the following States in respect of female literacy rates as per the 2001 census?
- Mizoram
- Kerala
- Goa
- Nagaland
Choose the correct answer using the codes given below:
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Question 21 of 103
21. Question
According to the World Development Report, low income economics are those for which the per capita GNP in 1994 was :
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Question 22 of 103
22. Question
The Capital Account Convertibility of the Indian Rupee implies:
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Question 23 of 103
23. Question
A consumer is said to be in equilibrium, if:
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Question 24 of 103
24. Question
The supply-side economics lays greater emphasis on the point of view of :
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Question 25 of 103
25. Question
Human Poverty Index was introduced in the Human Development Report of the year:
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Question 26 of 103
26. Question
The current Price Index (base 1960) is nearly 330. This means that the price of:
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Question 27 of 103
27. Question
The economic crisis in the later half of 1990s most seriously affected Indonesia, Thailand, Malaysia and South Korea. The cause of the crisis was:
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Question 28 of 103
28. Question
Since 1980, the share of the tertiary sector in the total GDP of India has:
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Question 29 of 103
29. Question
Assertion (A) :Devaluation of a currency may promote export.
Reason (R) : Price of the country’s products in the international market may fall due to devaluation. -
Question 30 of 103
30. Question
Assertion (A): Fiscal deficit is greater than budgetary deficit.
Reason (R) : Fiscal deficit is the borrowing from the Reserve Bank of India plus other liabilities of the Government to meet its expenditure. -
Question 31 of 103
31. Question
From the balance sheet of a company, it is possible to:
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Question 32 of 103
32. Question
Persons below the poverty line in India are classified as such based whether:
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Question 33 of 103
33. Question
Which one of the following statements regarding the levying. Collecting and distribution of Income Tax is correct?
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Question 34 of 103
34. Question
Assertion (A ): According to statistics, more female children are born each year than male children in India.
Reason (R) : In India, the death rate of a male child is higher than that of the female child. -
Question 35 of 103
35. Question
Among which one of the following sets of social/ religious groups is the extent of poverty the highest, as per Government statistics for the nineties?
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Question 36 of 103
36. Question
The first Indian State to have its Human Development Report prepared and released by Amartya Kumar Sen in Delhi is :
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Question 37 of 103
37. Question
In an open economy, the national income (Y) of the economy is: (C, I, G, X, M stand for Consumption, Investment, Govt. Expenditure, total exports and total Sports respectively.)
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Question 38 of 103
38. Question
Indian Human Development Report does not give for each sample village:
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Question 39 of 103
39. Question
Indian Human Development Report does not give for each sample village:
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Question 40 of 103
40. Question
Consider the following statements about the megacities of India:
- Population of each megacity is more than 5 million
- All the megacities are important sea ports
- Megacities are either national or state capitals
Which of these statements are correct ?
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Question 41 of 103
41. Question
Which one of the following ports of India handles the highest tonnage of import cargo?
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Question 42 of 103
42. Question
Which one of the following statements is true according to 1991 Census data?
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Question 43 of 103
43. Question
Which one of the following statements is true according to 1991 Census data?
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Question 44 of 103
44. Question
Which one of the following countries occupies the first place in the “Global Competitive Report” of World Economic Forum?
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Question 45 of 103
45. Question
Which one of the following countries occupies the first place in the “Global Competitive Report” of World Economic Forum?
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Question 46 of 103
46. Question
The most appropriate measure economic growth is its:
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Question 47 of 103
47. Question
Consider the following taxes:
- Corporation tax
- Customs duty
- Wealth tax
- Excise duty
Which of these is/are indirect taxes?
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Question 48 of 103
48. Question
Consider the following taxes:
- Corporation tax
- Customs duty
- Wealth tax
- Excise duty
Which of these is/are indirect taxes?
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Question 49 of 103
49. Question
The new series of Wholesale Price Index (WPI) released by the Government of India is with reference to the base prices of :
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Question 50 of 103
50. Question
The term National Income represents
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Question 51 of 103
51. Question
Assertion (A): Ceiling on foreign exchange for a host of current account transaction heads was lowered in the year 2000.
Reason (R) :There was a fall in foreign currency assets also. -
Question 52 of 103
52. Question
The prices at which the government purchases food grains for maintaining the public distribution system and for building up buffer-stock is known as:
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Question 53 of 103
53. Question
With reference to Power Sector in India, consider the following statements:
- Rural electrification has been treated as a Basic Minimum Service under the Prime Minister’s Gramodaya Yojana
- 100 percent Foreign Direct Investment in power is allowed without upper limit
- The Union Ministry of Power has signed a Memoranda of Understanding with 14 States
Which of these statements is/are correct?
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Question 54 of 103
54. Question
With reference to Power Sector in India, consider the following statements:
- Rural electrification has been treated as a Basic Minimum Service under the Prime Minister’s Gramodaya Yojana
- 100 percent Foreign Direct Investment in power is allowed without upper limit
- The Union Ministry of Power has signed a Memoranda of Understanding with 14 States
Which of these statements is/are correct?
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Question 55 of 103
55. Question
Consider the following statements:
Full convertibility of the rupee may mean:- Its free float with the international currencies
- Its direct exchange with any other international currency at any prescribed place inside and outside the country
- It acts just like any other international currency
Which of these statements are correct?
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Question 56 of 103
56. Question
Consider the following statements:
In India, stamp duties on financial transactions are:- levied and collected by the State Government
- appropriated by the Union Government
Which of these statements is/are correct?
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Question 57 of 103
57. Question
Which amongst the following States has the highest population density as per Census-2001 ?
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Question 58 of 103
58. Question
Life expectancy is the highest in the world in :
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Question 59 of 103
59. Question
Which one among the following States has the highest female literacy rate as per the Census 2001?
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Question 60 of 103
60. Question
Which of the following is not a recommendation of the task force on direct taxes under the chairmanship of Dr. Vijay L. Kelkar in the year 2002?
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Question 61 of 103
61. Question
As per 1991 Census, which one of the following groups of Union Territories had the highest literacy rate?
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Question 62 of 103
62. Question
Consider the following statements:
As per 2000 Census- the two States with the lowest sex ratio are Haryana and Punjab
- the two States with the lowest population per sq. of area are Meghalaya and Mizoram
- Kerala has both the highest literacy rate and sex ratio
Which of the statements given above is/are correct?
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Question 63 of 103
63. Question
Consider the following statements:
- Poverty Reduction and Growth Facility (PRGF) has been established by the International Development Association (IDA) to provide further assistance to low income countries facing high level of indebtedness.
- Singapore regional Training Institute (STI) is one of the institutes that provides training in macroeconomic analysis and policy and related subject as a part of programme of the IMF institute.
Which of the statements given above is/are correct?
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Question 64 of 103
64. Question
Which one of the following statements is not correct?
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Question 65 of 103
65. Question
Consider the following statements:
- India is the second country in the world to adopt a National Family Planning Programme.
- The National PopulationPolicy of India 2000 seeks to achieve replacement level of fertility by 2010 with a population of 111 cores.
- Kerala is the first state in India to achieve replacement level of fertility.
Which of the statements given above is/are correct?
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Question 66 of 103
66. Question
Which one of the following statements is true on the basis of Census- 2001?
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Question 67 of 103
67. Question
According to the census 2001, which one of the following Indian States has the maximum population in India after Uttar Pradesh?
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Question 68 of 103
68. Question
Which one of the following statements is correct? Fiscal Responsibility and Budget Management Act (FRBMA) concerns:
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Question 69 of 103
69. Question
Which one of the following is the correct sequence in the decreasing order of contribution of different sectors to the Gross Domestic Product of India?
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Question 70 of 103
70. Question
Which one among the following States of India has the lowest density of population?
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Question 71 of 103
71. Question
As per India’s National Population Policy, 2000, by which one of the following years is it our long-term objective to achieve population stabilization?
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Question 72 of 103
72. Question
What is the approximate percentage of persons above 65 years of age in India’s current population?
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Question 73 of 103
73. Question
Amongst the following States, which one has the highest percentage of rural population to its total population (on the basis of the Census, 2001)?
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Question 74 of 103
74. Question
Among the following, which one has the minimum population on the basis of data of Census of India, 2001
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Question 75 of 103
75. Question
Which of the following pairs about India’s economic indicator and agricultural production (all in rounded figures) are correctly matched?
- GDP per capita (current prices): Rs. 37,000
- Rice : 18) million tons
- Wheat : 75 million tons
Select the correct answer using the code given below:
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Question 76 of 103
76. Question
Consider the following statements with reference to Indira Gandhi National Old Age Pension Scheme (IGNOAPS):
- All persons of 60 years or above belonging to the households below poverty line in rural areas are eligible
- The Central Assistance under this Scheme is at the rate of Rs. 300 per month per beneficiary. Under the Scheme, States have been urged to give matching amounts .
Which of the statements given above is/are correct?
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Question 77 of 103
77. Question
Which one among the following South Asian countries has the highest population density?
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Question 78 of 103
78. Question
Consider the following statements
- Infant mortality rate takes into account the death of infants within a month after birth.
- Infant mortality rate is the number of infant deaths in a particular year per 100 live births during that year.
Which of the above statements is/are correct?
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Question 79 of 103
79. Question
Consider the following statements:
- Between Census 1951 and Census 2001, the density of the population of India has increased more than three times.
- Between Census 1951 and Census 2001, the annual growth rate (exponential) of the population of India has doubled.
Which of the statements given above is/are correct?
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Question 80 of 103
80. Question
Which one of the following statements is an appropriate description of deflation?
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Question 81 of 103
81. Question
Which of the following is/are treated as artificial currency?
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Question 82 of 103
82. Question
When the Reserve Bank of India announces an increase of the Cash Reserve Rate, what does it mean?
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Question 83 of 103
83. Question
With reference to India, consider the following statements:
- The Wholesale Price Index (WPI) in India is available on a monthly basis only.
- As compared to Consumer Price Index for Industrial Workers (CPIIW), the WPI gives less weight to food articles.
Which of the statements given above is/are correct?
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Question 84 of 103
84. Question
With reference to’ Indian economy, consider the following statements:
- The Gross Domestic Product (GDP) has increased by four times in the last 10 years.
- The percentage share of Public Sector in GDP has declined in the last 10 years.
Which of the statements, given above is/ are correct?
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Question 85 of 103
85. Question
India is regarded as a country with “Demographic Dividend”. This is due to
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Question 86 of 103
86. Question
Which one of the following is not a feature of “Value Added Tax” ?
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Question 87 of 103
87. Question
Karl Marx explained the process of class struggle with the help of which one of the following theories?
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Question 88 of 103
88. Question
All revenues received by the Union Government by way of taxes and other receipts for the conduct of Government business are credited to the?
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Question 89 of 103
89. Question
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 ?
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Question 90 of 103
90. Question
In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities?
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Question 91 of 103
91. Question
Which of the following are the methods of Parliamentary control over public finance in India?
- Placing Annual Financial Statement before the Parliament
- Withdrawal of moneys from Consolidated Fund of India only after passing the Appropriation Bill
- Provisions of supplementary grants and vote-onaccount
- A periodic or at least a mid-year review of programme of the Government against macroeconomic forecasts and expenditure by a Parliamentary Budget Office
- Introducing Finance Bill in the Parliament
Select the correct answer using the codes given below:
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Question 92 of 103
92. Question
The Reserve Bank of India (RBI)acts as a bankers’ bank. This would imply which of the following?
- Other banks retain their deposits with the RBI.
- The RBI lends funds to the commercial banks in times of need.
- The RBI advises the commercial banks on monetary matters.
Select the correct answer using the codes given below:
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Question 93 of 103
93. Question
In India, deficit financing is used for raising resources for
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Question 94 of 103
94. Question
Priority Sector Lending by banks in India constitutes the lending to
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Question 95 of 103
95. Question
Which one of the following groups of items is included in India’s foreign-exchange reserves?
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Question 96 of 103
96. Question
Who among the following constitute the National Development Council?
- The Prime Minister
- The Chairman, Finance Commission
- Ministers of the Union Cabinet
- Chief Ministers of the States
Select the correct answer using the codes given below.
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Question 97 of 103
97. Question
The national income of a country for a given period is equal to the
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Question 98 of 103
98. Question
Which of the following constitute Capital Account?
- Foreign Loans
- Foreign Direct Investment
- Private Remittances
- Portfolio Investment
Select the correct answer using the codes given below.
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Question 99 of 103
99. Question
In the context of Indian economy, ‘Open Market Operation? refers to
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Question 100 of 103
100. Question
Consider the following statements regarding a No-Confidence Motion in India :
- There is no mention of a No-Confidence Motion in the Constitution of India.
- A Motion of No-Confidence can be introduced in the Lok Sabha only.
Which of the statements given above is/are correct?
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Question 101 of 103
101. Question
The main objective of the 12th Five-Year Plan is
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Question 102 of 103
102. Question
The terms ‘Marginal Standing Facility Rate’ and ‘Net Demand and Time Liabilities’, sometimes appearing in news, are used in relation to
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Question 103 of 103
103. Question
With reference to Indian economy, consider the following statements:
- The rate of growth of Real Gross Domestic Product has steadily increased in the last decade.
- 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?