Consider the following statements regarding the overall GSDP of Andhra Pradesh according to AP socio economic outlook 2022-23 at constant prices:

Statement 1: The GSDP value decreased from 2021-22 (FRE) to 2022-23 (AE).

Statement 2: The GSDP growth rate increased from 2021-22 (FRE) to 2022-23 (AE).

Which of the above statements are correct?

1
Only Statement 1
2
Only Statement 2
3
Both Statement 1 and Statement 2
4
Neither Statement 1 nor Statement 2

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