BANKING AFFAIRS

Detailed explanation-1: -The correct answer is the household sector. Gross Domestic Saving consists of savings of household sector, private corporate sector, and public sector. The household sector is the largest contributor to domestic saving.

Detailed explanation-2: -The household sector is the major and largest contributor to savings in India.

Detailed explanation-3: -Domestic saving (Investment) of India is divided into two parts-Public Saving (Investment) and Private Saving (Investment). Private Saving (Investment) is further divided into two parts, those are Household Saving (Investment) and Corporate Saving (Investment).

Detailed explanation-4: -Detailed Solution. The Services Sector also known as the tertiary sector contributes the most to the GDP of India.

Detailed explanation-5: -They are three sectors in the Indian economy, they are; primary economy, secondary economy, and tertiary economy. In terms of operations, the Indian economy is divided into organized and unorganized. While for ownership, it is divided into the public sector and the private sector.