Q. Consider the following statements:
  1. Growth is a qualitative change where as that of value is neutral.
  2. It may have a positive or a negative sign.
Which of the above is / are correct?

Answer: Only 2
Notes: Both growth and development refer to changes over a period of time. The difference is that growth is quantitative and value neutral. It may have a positive or a negative sign. This means that the change may be either positive (showing an increase) or negative (indicating a decrease).
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📌 Question Number: 53 in Economic Growth, Development and Socio-Economic Issues in the above course in App.