Instructions

Answer the following questions based on the table below, which reports certain data series from National Accounts Statistics of India at Current Prices.

Question 70

Had Gross Domestic Savings (GDS) between 2008-09 and 2009-10 increased by 30 percent, then during 2009-10 GDS expressed as a percentage of GDP at market prices would have been:

Solution

If Gross Domestic Savings (GDS) in 2009-10 increased by 30 percent over 2008-09 , then the value of GDS in the year 2009-10 = 1.3*1798347 = 2337851.10

Hence, GDS as a percentage of GDP at market prices in the year 2009-10 = $$\dfrac{2337851.10}{6550271}\times 100$$ = 35.69 percent. 

Therefore, option C is the correct answer.

Video Solution

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