With reference to the Human Development Report 2021-22, which of the following statement(s) is/are correct?(1)India's rank on the Human Development Index has upgraded from 130 in 2020 to 132 in 2022.(2)India's rank on the Human Development Index has slipped from 130 in 2020 to 132 in 2022.Select the correct answer from the code given below:

1. A

   Only 1

   Option (a) claims that only statement 1 is correct, stating that India's rank upgraded to 132. This is factually incorrect because a higher numerical rank in HDI indicates a lower position, representing a decline rather than an upgrade.

2. B

   Only 2

   Option (b) claims that only statement 2 is correct, asserting that India's rank slipped from 130 in 2020 to 132 in the Human Development Report 2021-22. This statement is accurate because an increase in the numerical rank value from 130 to 132 denotes a drop in global standing, which correctly describes India's performance in the said report.

3. C

   Both 1 and 2

   Option (c) claims that both statements 1 and 2 are correct. This option is incorrect because the two statements contradict each other regarding whether the shift from 130 to 132 constitutes an upgrade or a slip.

4. D

   Neither 1 nor 2

   Option (d) claims that neither statement 1 nor statement 2 is correct. This is incorrect because statement 2 accurately identifies the nature of India's ranking change in the Human Development Report 2021-22.

Summary. Official key is (b) because a numerical increase in HDI rank signifies a lower standing. Statement 1 incorrectly terms the change an upgrade, whereas statement 2 correctly identifies it as a slip. Both statements cannot be correct simultaneously since they are mutually exclusive. Thus, only the second statement holds true for the Human Development Report 2021-22.