Consider the following statements:
1. The average GDP growth rate of the 11th Five Year Plan is above 8.5%.
2. The GDP growth at the very first year of the 11th Plan was above 9%.
Which of the statements given above is/are correct?
The correct option is B Only 2
The average GDP per year in the eleventh year plan (2007-2012) was less than 8%. The first year of the plan, i.e. 2007 however, recorded 9.32% growth rate. 2005-2007 were three consecutive year more than 9% growth rate.