1
Question
Which of the following is/are the reasons of a drag on household savings in India over the last few years?
Which of the following is/are the reasons of a drag on household savings in India over the last few years?
Open in App
Solution
The correct option is E All the above
It is clearly mentioned in the passage that, 'While recognising that one of the key differences in the evolving household saving scenario between the UK and India is the impact of demographics (dependency ratio), anecdotal evidence on increasing consumerism and the entrenchment of (urban) lifestyles in India, apart from the easier availability of credit and improvement in overall macroeconomic conditions, is perhaps indicative of some 'drag' on household saving over the last few years as well as going forward.' Therefore option (e) is the correct answer.
It is clearly mentioned in the passage that, 'While recognising that one of the key differences in the evolving household saving scenario between the UK and India is the impact of demographics (dependency ratio), anecdotal evidence on increasing consumerism and the entrenchment of (urban) lifestyles in India, apart from the easier availability of credit and improvement in overall macroeconomic conditions, is perhaps indicative of some 'drag' on household saving over the last few years as well as going forward.' Therefore option (e) is the correct answer.
Suggest Corrections
0
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
