1. With reference to the new GDP series with base year 2022–23 introduced by the Ministry of Statistics and Programme Implementation, consider the following statements:
- The new series replaces the earlier base year of 2011–12.
- It incorporates the Supply and Use Tables (SUT) framework as per the System of National Accounts 2008.
- It replaces double deflation with single deflation in manufacturing.
Which of the statements given above is/are correct?