GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Most important source of capital formation in India has been
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household savings
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public sector savings
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government revenue surplusrs
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corporate savings
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Explanation:
Detailed explanation-1: -This takes the form of currency, bank deposits, shares and debentures, claims on government, mutual funds, national savings certificates, life insurance funds and provident and pension funds.
Detailed explanation-2: -This means making and increasing of more capital goods, such as machines, tools, factories, buildings, raw materials, fuels, etc., which are to be further used in producing more goods.
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