Consider the following statements:
In India, during the financial year 2004-2005 an increase of below 10% over the value of exports (in rupee terms) in the financial year 2003-2004 was reported.
According to the WTO, India share in the world merchandise exports crosses 2% in the year 2005.
Which of the statement(*) given above is/are correct?
(a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2