Discussion
Through the 1990s, the average rate of gross domestic savings for the Indian economy was estimated to be in the range of
Answer: B
It was in the range of 20 to 25 per cent.
The gross domestic savings rate rose from about 10 per cent in the 1950s to the low twenties by the 1990s, and past 30 per cent in the mid-2000s. Households contribute the largest share, followed by the corporate sector; the government has often dissaved.
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