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In which of the following ranges is the average gross domestic savings rate for the Indian economy currently estimated?

  1. A
    15% to 20%
  2. B
    20% to 25%
  3. C
    25% to 30%
  4. D
    30% to 35%

Solution & Step-by-step Explanation

India's Gross Domestic Savings rate has historically hovered between 29% and 33% of the Gross Domestic Product (GDP). Therefore, it falls under the range of 30% to 35%.

Practice this question

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In which of the following ranges is the average gross domestic savings rate for the Indian economy currently estimated?
A
15% to 20%
B
20% to 25%
C
25% to 30%
D
30% to 35%

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EconomicsIndian EconomyNational Income

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