With reference to the Economic Survey 2022-23, consider the following statements regarding India’s Outlook for 2023-24:
1. The survey projects a baseline GDP growth of 5 per cent in real terms in FY24.
2. The actual outcome for real GDP growth will probably lie in the range of 6.0 per cent to 6.8 per cent, depending on the trajectory of economic and political developments globally.
Which of the above statements is/are correct?
1
1 only
2
2 only
3
Neither 1 nor 2
4
More than one of the above