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The following four (4) items consist of two statements, Statement I and Statement II. Examine these two statements carefully and select the correct answer using the code given below.

Statement I: There has been a sharp decline in savings rate in Indian economy between 2007-2008 to 2015-2016.

Statement II : There has been a fall in household and public savings.

General Knowledge 2018 CDS GK 2018 CDS 2018

Options

Both the statements are individually true and Statement II is the correct explanation of
Statement I

Both the statements are individually true but Statement II is not the correct explanation of
Statement I

Statement I is true but Statement II is false

Statement I is false but Statement II is true