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The following item consists of two statements, Statement I and Statement II. Examine these two statements carefully and …

Q1
The following item consists 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.
aBoth statements are individually true, and Statement II is the correct explanation of Statement I
bBoth the statements are individually true but Statement II is not the correct explanation of Statement I
cStatement I is true but Statement II is false
dStatement I is false but Statement II is true
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