Consider the following statements: 1. In India, during the financial year 2004-2005 an increase of below 10 % over the value of exports (in rupee terms) in the financial year 2003-2004 was reported. 2. According to the WTO, India’s share in the world merchandise exports is 2 % in the year 2005. Which of the statements given above is/are correct?
- (a)1 only
- (b)2 only
- (c)Both 1 and 2
- (d)Neither 1 nor 2
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Official answer(d) Neither 1 nor 2