Consider the following statements with reference to demand-side components of GDP during 2021-2022:
1. The growth in consumption is mainly driven by government consumption.
2. Investment to GDP ratio during 2021-22 is the highest in the last seven years.
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