What is the main concern of the author behind saying that `the alarm bells should start ringing anytime now'?

The current economic growth is slowing down due to regular failure of monsoon.

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Due to power shortage industrial growth could not touch the target.

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Household savings are sinking and they require to be revamped.

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Due to a sharp decline in real interest rates people have lost their enthusiasm to invest in govt schemes.

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All the above

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Solution

The correct option is C Household savings are sinking and they require to be revamped.
In the opening paragraph it is clearly mentioned that, 'This critical piece is 'savings' and, within this overall head, household savings is the one critical subcomponent that needs close watching and nurturing.' Therefore the main concern behind the alarm bells is option (c). Option (a) is a regular phenomenon. Option (b) is not the main concern as it is a temporary problem. Option (d) is not mentioned. Option (e) is ruled out.

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