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Consider the following statements:
1. India's GDP growth was consistently above 8% during the period from 2006 to 2010.
2. The investment-to-GDP ratio in India fell from 39-42% during 2006-2010 to 33% in 2023.
3. A significant portion of India's government revenue, approximately 25%, is allocated to interest payments, limiting investment capacity.
Which of the statements given above is/are correct?
  • a)
    1 Only
  • b)
    1 and 2 Only
  • c)
    2 and 3 Only
  • d)
    1, 2 and 3
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements:1. India's GDP growth was consisten...
- Statement 1 is incorrect. While India experienced a period of higher GDP growth, it was not consistently above 8% for the entire duration from 2006 to 2010. The growth rate was notable but not consistently above this threshold throughout the period.
- Statement 2 is correct. The investment-to-GDP ratio indeed fell from the levels of 39-42% during the high-growth period of 2006-2010 to 33% in 2023, indicating a decline in investment levels relative to GDP.
- Statement 3 is correct. A substantial portion of government revenue being allocated to interest payments (approximately 25%) does indeed limit the government’s capacity to invest in other areas, which is a significant fiscal constraint.
Thus, only statements 2 and 3 are correct.
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Consider the following statements:1. India's GDP growth was consistently above 8% during the period from 2006 to 2010.2. The investment-to-GDP ratio in India fell from 39-42% during 2006-2010 to 33% in 2023.3. A significant portion of India's government revenue, approximately 25%, is allocated to interest payments, limiting investment capacity.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)2 and 3 Onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements:1. India's GDP growth was consistently above 8% during the period from 2006 to 2010.2. The investment-to-GDP ratio in India fell from 39-42% during 2006-2010 to 33% in 2023.3. A significant portion of India's government revenue, approximately 25%, is allocated to interest payments, limiting investment capacity.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)2 and 3 Onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements:1. India's GDP growth was consistently above 8% during the period from 2006 to 2010.2. The investment-to-GDP ratio in India fell from 39-42% during 2006-2010 to 33% in 2023.3. A significant portion of India's government revenue, approximately 25%, is allocated to interest payments, limiting investment capacity.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)2 and 3 Onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer?.
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