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The largest contributor to the gross domestic savings of India is:

  1. A
    the household sector.
  2. B
    the private corporate sector.
  3. C
    the public sector.
  4. D
    the foreign sector

Solution & Step-by-step Explanation

The household sector is consistently the largest contributor to the Gross Domestic Savings of India, surpassing both the private corporate sector and the public sector. Household savings are broadly divided into financial assets (such as bank deposits, insurance policies, and provident funds) and physical assets.

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The largest contributor to the gross domestic savings of India is:
A
the household sector.
B
the private corporate sector.
C
the public sector.
D
the foreign sector

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National Income AccountingSavingsMacroeconomics

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