Consider the following statements at constant prices:
1. From 2012-13 to 2022-23, the Average Annual Growth Rate (AAGR) of Per Capita Income in Telangana was higher than the AAGR of India during the same period.
2. From 2014-15 to 2022-23, the AAGR of Per Capita Income in Telangana was 6%, while India’s AAGR of Per Capita Income was 4.2% during the same period.
Which of the above statements is/are correct?
1
Only 1
2
Only 2
3
Both 1 and 2
4
Neither 1 nor 2