Consider the following statements with reference to the Macroeconomic Vulnerability index.
1. Macroeconomic Vulnerability Index is released by IMF yearly.
2. This Index adds together the rate of inflation, current account deficit, and fiscal deficit of a country.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2