Multiple choice

Which sector contributes the most to Gross Domestic Savings in India?

  1. Service sector

  2. Government sector

  3. Corporate sector

  4. Household sector
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The household sector contributes the most to Gross Domestic Savings in India, typically accounting for over 60-70% of total savings. This includes savings by households in the form of bank deposits, life insurance, provident funds, and other financial assets, reflecting the high savings propensity of Indian households.

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