Multiple choice

Which of the following sectors of the Indian Economy contributes the highest in the gross saving in India?

  1. Public Sector

  2. Private Sector

  3. Household Sector

  4. Services Sector
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Household sector is the largest contributor to gross savings in India, typically accounting for 60-70% of total gross domestic savings. This includes savings by households in financial assets (bank deposits, life insurance, pension funds, etc.) and physical assets (gold, real estate). Public and private sectors contribute much less to total savings.

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