Consider the following statement in regards to Unbalanced Economic Development 1. India has not yet achieved the goal of balanced economic development. 2. Balanced Growth mentions to a definite type of economic growth that is maintainable in the long term. 3. Balanced growth is contrasting to the high and low nature of economic cycles. Which among the following statement is correct:

• A. 1 only
• B. 2 only
• C. 3 only
• D. 1, 2 and 3