This question is about the economic status of India in the past decade with regards to the tax revenue and fiscal deficit as a percentage of its Gross Domestic Product (GDP).

Option 1 suggests that the tax revenue as a percentage of GDP has steadily increased, but the actual scenario may vary and is not necessarily a steady increase. Various factors like changes in tax laws, economic conditions, and government policies can influence the tax revenue.

Option 2 states that the fiscal deficit as a percentage of GDP has steadily increased. However, the fiscal deficit fluctuates based on government spending and revenue. It doesn`t necessarily mean that it has steadily increased.

Option 3 claims that both statements 1 and 2 are correct, which is not necessarily true considering the reasons above.

Option 4 states that neither statements 1 nor 2 are correct, which is the correct option. Over the past decade, both tax revenue and fiscal deficit as a percentage of GDP have not steadily increased, but fluctuated based on various factors.

Hence, the correct answer is 4 - Neither 1 nor 2.