Question

Which one of the following sectors is the major contribution towards the Gross Domestic Saving in India in recent time?

• A. Public sector
• B. Private sector
• C. Corporate sector
• D. Household sector

Answer 1

The correct option is D Household sector

Gross domestic savings comprises household sector, private corporate sector and public sector. In terms of contribution, household sector leads the tally with a contribution of 73% as per 2013 data. It is followed by 23% contribution from private corporate sector and 4% from public sector.