Correct Option
Option (d):
Statement 1 is incorrect. An analysis of India's GDP growth rate during the five-year period preceding 2011 (e.g., 2005-06 to 2010-11) reveals fluctuations rather than a steady increase. For instance, the growth rate experienced a decline, notably during the global financial crisis of 2008-09, before recovering in subsequent years. Therefore, the assertion of a "steadily increased" growth rate is factually inaccurate.
Statement 2 is incorrect. Similarly, the growth rate in per capita income did not exhibit a steady increase over the same period. While per capita income generally trended upwards, its annual growth rate was subject to variations, particularly impacted by economic downturns such as the 2008-09 global financial crisis. This indicates an absence of a consistent, upward trend in the growth rate.
Incorrect Options
Options (a), (b), and (c) are incorrect because both statements 1 and 2 are factually inaccurate. Neither the GDP growth rate nor the per capita income growth rate demonstrated a steady increase in the five years preceding 2011, as evidenced by economic data for the period.