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The correct answer is option (d): Neither 1 nor 2. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
This question was asked in UPSC CSE Prelims 2011, GS Paper 1, as Question 82. It falls under Indian Economy > National Income & Economic Growth.
This question is rated "moderate". It requires sound conceptual understanding of the topic.
UPSC has asked 34 questions from National Income & Economic Growth (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.