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GS Paper IUPSC Prelims 1997
Miscellaneous
Question No. 472Interactive Test Mode
00:00
+2-0.66

Q472. The average rate of domestic savings (gross) for the Indian economy is currently estimated to be in the range of:

The average rate of domestic savings (gross) for the Indian economy is currently estimated to be in the range of:

Select the correct option below (or cross out options to eliminate)
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Official Answer Key & Detailed Solution

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Official UPSC Answer KeyUPSC Prelims 1997 • General Knowledge (1995-2010)

Correct Answer: Option (B) — 20 to 25 percent

Concept & Option Breakdown

Standard Reference Verified

During the mid-to-late 1990s (around 1996-1997), India's Gross Domestic Savings rate hovered around 22% to 24% of GDP (within the 20% to 25% bracket), largely driven by household sector savings.

Elimination Heuristic & Exam Approach

In 1990s macroeconomic data, India's domestic savings rate remained consistently in the lower twenties before rising above 30% in the mid-2000s.

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Question Specifications & Syllabus Mapping

Examination & YearUPSC Civil Services Preliminary Examination 1997 (Q472)
Paper & Marking SchemeGS Paper I • 2 Marks (-0.66 Negative for incorrect response)
Syllabus Subject & TopicGeneral Knowledge (1995-2010) → Miscellaneous
Official Answer KeyOption (B) — 20 to 25 percent

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Frequently Asked Questions — UPSC Prelims 1997 Q472

What is the official answer for UPSC Prelims 1997 GS Paper I Question 472 (General Knowledge (1995-2010))?

The official UPSC answer key for this 1997 General Knowledge (1995-2010) (Miscellaneous) question is Option (B): "20 to 25 percent". Correct attempts carry 2 Marks with -0.66 Negative penalty for wrong answers.

Which UPSC Prelims syllabus topic does this 1997 question belong to?

This question belongs to GS Paper I under the subject "General Knowledge (1995-2010)" and micro-topic "Miscellaneous". You can explore all repeated questions from Miscellaneous in Acme AI's 3D Prelims PYQ Realm or practice 50 full-length and sectional tests in the APT Prelims Test Series.

How can I solve this Miscellaneous UPSC Prelims question using option elimination?

In 1990s macroeconomic data, India's domestic savings rate remained consistently in the lower twenties before rising above 30% in the mid2000s.

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