With reference to Indian economy, consider the following statements : 1. The rate of growth of Real Gross Domestic Product has steadily increased in the last decade. 2. The Gross Domestic Product at market prices (in rupees) has steadily increased in the last decade. Which of the statements given above is/are correct?

Gives a clear example and rule: real GDP level can rise steadily while the percentage change (growth rate) falls (11.2% → 4.6%).

A student could apply this distinction to 2005–2014 year‑by‑year data to check whether growth rates rose or fell even if output levels rose.

Provides a numeric example where real GDP increases across years but growth rates decline (8%, 3.7%, 2.7%), illustrating a growth‑slowdown pattern.

Compare the 2005–2014 sequence of annual growth rates to see if they show a similar monotonic rise or the opposite slowdown.

Notes a change in GDP computation methodology around 2015 (factor cost → market prices), signalling that measurement conventions may affect comparability across periods.

When examining 2005–2014 growth rates, ensure the student uses consistently computed series (or adjusts for methodological breaks) before judging steadiness.

Shows this exact proposition appears as an exam-style statement ('The rate of growth of Real GDP has steadily increased in the last decade'), implying it is a commonly questioned/contestable claim.

Use the hint that the claim is contested to motivate checking actual year‑wise growth figures for 2005–2014 rather than assuming it true.

Another past-question framing the proposition for a five‑year period, indicating test writers treat 'steady increase in growth rate' as a distinct, checkable property.

Extend the same approach used for five‑year checks to the full 2005–2014 period: obtain annual growth rates and test if each year exceeds the previous.