Previous year MCQs

Current Affairs UPPSC 2008 GS-I
Question

Savings ratio in India at present (2006-07) stands at:

Answer & Solution

Answer: (Detailed Solution Below)

Option B: between 25 to 30 per cent of GDP

Detailed Solution:

The correct answer is “between 25 to 30 per cent of GDP”.
India's gross domestic savings (GDS) ratio in 2006-07 was 29.1% of GDP, according to the Government of India's 2006-07 budget.

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