Which of the following statement(s) is/are NOT correct? (1) The per capita income at current prices as per first revised estimates for the year 2019-20 witnessed an increase of 6.2 per cent. (2) As per the revised estimates, the contraction in the economy for 2020-21 was expected to be around 7.9 per cent as on December 2020. (3) The economic growth in the state (H.P.) is still governed by agriculture activities. (4) The smaller projects in the hydroelectric power sector up to 2MW have been reserved for investors from Himachal Pradesh only. Choose the right answer:
Question:
Which of the following statement(s) is/are NOT correct? (1) The per capita income at current prices as per first revised estimates for the year 2019-20 witnessed an increase of 6.2 per cent. (2) As per the revised estimates, the contraction in the economy for 2020-21 was expected to be around 7.9 per cent as on December 2020. (3) The economic growth in the state (H.P.) is still governed by agriculture activities. (4) The smaller projects in the hydroelectric power sector up to 2MW have been reserved for investors from Himachal Pradesh only. Choose the right answer:
Which of the following statement(s) is/are NOT correct? (1) The per capita income at current prices as per first revised estimates for the year 2019-20 witnessed an increase of 6.2 per cent. (2) As per the revised estimates, the contraction in the economy for 2020-21 was expected to be around 7.9 per cent as on December 2020. (3) The economic growth in the state (H.P.) is still governed by agriculture activities. (4) The smaller projects in the hydroelectric power sector up to 2MW have been reserved for investors from Himachal Pradesh only. Choose the right answer:
Options
Answer: (3) 1 and 2
Explanation:
Statement 1 is incorrect: The per capita income at current prices for HP in 2019-20 (first revised estimates) witnessed an increase of 7.9% (to Rs. 1,90,407) — not 6.2% as stated. Statement 2 is incorrect: As per advanced estimates based on economic conditions up to December 2020 and COVID-19 impact, the contraction in HP's economy for 2020-21 was expected to be around (-)6.2% — not 7.9% as stated. The figures in statements 1 and 2 have been swapped. Statement 3 is correct: HP's economic growth is still significantly influenced by agriculture and allied activities. Statement 4 is correct: Hydroelectric projects up to 2MW capacity have been reserved exclusively for HP investors/developers.
Explanation:
Statement 1 is incorrect: The per capita income at current prices for HP in 2019-20 (first revised estimates) witnessed an increase of 7.9% (to Rs. 1,90,407) — not 6.2% as stated. Statement 2 is incorrect: As per advanced estimates based on economic conditions up to December 2020 and COVID-19 impact, the contraction in HP's economy for 2020-21 was expected to be around (-)6.2% — not 7.9% as stated. The figures in statements 1 and 2 have been swapped. Statement 3 is correct: HP's economic growth is still significantly influenced by agriculture and allied activities. Statement 4 is correct: Hydroelectric projects up to 2MW capacity have been reserved exclusively for HP investors/developers.
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