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    Consider the following statements :

    1. Tax revenue as a percent of GDP of India has steadily increased in the last decade.

    2. Fiscal deficit as a percent of GDP of India has steadily increased in the last decade.

    Which of the statements given above is/are correct ?

  • 1 only
  • 2 only
  • Both 1 and 2
  • Neither 1 nor 2