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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
MCQ
Fill in the Blanks
Solution
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.
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