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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 : The overall fiscal deficit of the States in India during 2017-2018 stayed above the FRBM threshold level of 3 percent for the third successive year.

Statement II : Special Category States had run up a higher level of fiscal deficit in 2017-2018 compared to 2016-2017.

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 ndividually 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