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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

In India, the gross domestic savings are broadly categorized into three sectors: household sector, private corporate sector, and public sector. Among these, the household sector is consistently the largest contributor, accounting for the major portion of total gross domestic savings.

Practice this question

Try it yourself before checking the explanation above.

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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Indian EconomyNational IncomeDomestic Savings

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