Question

Gross Domestic Savings as a proportion of GDP has risen from ______ in 1950-51 to ______ percent in 1990-91.

Options

• 8.5, 34.6

• 7.4, 22.6

• 8.9, 23.1

• 10, 28

Answer 1

Gross Domestic Savings as a proportion of GDP has risen from 8.9 in 1950-51 to 23.1 percent in 1990-91.

Explanation:-

Domestic savings as a percentage of GDP has climbed from 6.2 in 1950-51 to 19.3 in 1990-91, owing primarily to the increased contribution of the household sector.