Mark the TRUE statement:

Let's solve the options one by one,

Option A: Decline in annual FDI growth rate for Gujarat in 2001 (10889-14193)/14193 =23.3

Decline in annual FDI growth rate for Karnataka in 2005 [(10904-14071)/14071] =22.5

The Decline in Gujarath was greater than that of Karnataka. Hence A is not the correct answer

Option B: Annual growth rate of FDI in Kerala in 2001 = (535-376)/376=42.29

The Annual growth rate of FDI in Uttar Pradesh in 2004 [(3483-2419)/2419]=43.98

The Annual growth rate of FDI in Kerala in 2001 was lesser than that of Uttar Pradesh in 2004. Hence B is not the correct answer

Option C: Annual growth rate of FDI in Kerala in 2005 = (290-199)/199 =45.72

Annual growth rate of FDI in Punjab in 2007 [(9228-6340)/6340] = 45.55

The Annual growth rate of FDI in Kerala is greater than that of Punjab. 

Hence C is the correct answer.