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
Neither 1 nor 2
Indian EconomyNational Income Accounting (GDP Growth)Real Gross Domestic ProductGDP at market pricesgrowth ratelast decadesteadily increasedinflationnominal GDP