Which of the following statements are true regarding the GSDP growth of Telangana and India's GDP growth at constant prices?
1. In the fiscal year 2022-23, Telangana’s real GDP grew by 6.9%, slightly below the national GDP growth rate of 7.0%.
2. In the fiscal year 2023-24, Telangana’s real GDP growth rate increased to 7.4%, while the national Real GDP increased by 7.6%.
1
Only statement 1 is true.
2
Only statement 2 is true.
3
Both statements 1 and 2 are true
4
Neither statement 1 nor 2 is true.