New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    In FY23, India's net household financial savings

    declined to what percentage of the Gross Domestic Product (GDP)?
    A 3.5% Correct Answer Incorrect Answer
    B 4.8% Correct Answer Incorrect Answer
    C 5.1% Correct Answer Incorrect Answer
    D 6.3% Correct Answer Incorrect Answer
    E 7.5% Correct Answer Incorrect Answer

    Solution

    India's net household financial savings declined to 5.1% of the GDP in FY23, down from 7.1% in FY20-21, according to data from the Reserve Bank of India (RBI).

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