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Consider the following statements:
Statement-I:
India aims to achieve high-income status by 2047, necessitating a comprehensive approach to enhance economic performance.
Statement-II:
India's per capita income is projected to reach USD 4,500 by 2031.
Which one of the following is correct in respect of the above statements?
  • a)
    Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
  • b)
    Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
  • c)
    Statement-I is correct, but Statement-II is incorrect
  • d)
    Statement-I is incorrect, but Statement-II is correct
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements:Statement-I:India aims to achieve h...

Statement-I is accurate as it reflects India's goal to achieve high-income status by 2047 through a comprehensive economic strategy. However, Statement-II is incorrect because the projected per capita income for India by 2031 is not USD 4,500 but is estimated to be around USD 2,850, according to available data and projections. Hence, Statement-II is inaccurate in its projection of India's per capita income.
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Consider the following statements:Statement-I:India aims to achieve high-income status by 2047, necessitating a comprehensive approach to enhance economic performance.Statement-II:India's per capita income is projected to reach USD 4,500 by 2031.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'C'. Can you explain this answer?
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Consider the following statements:Statement-I:India aims to achieve high-income status by 2047, necessitating a comprehensive approach to enhance economic performance.Statement-II:India's per capita income is projected to reach USD 4,500 by 2031.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements:Statement-I:India aims to achieve high-income status by 2047, necessitating a comprehensive approach to enhance economic performance.Statement-II:India's per capita income is projected to reach USD 4,500 by 2031.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements:Statement-I:India aims to achieve high-income status by 2047, necessitating a comprehensive approach to enhance economic performance.Statement-II:India's per capita income is projected to reach USD 4,500 by 2031.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'C'. Can you explain this answer?.
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