In the decade 2001-2010, the highest rate of gross domestic savings was achieved in the year

2005 – 06
2006 - 07
2007-08
2008-09

The correct answer is (a) 2005 – 06.

Gross domestic savings (GDS) is the portion of a nation’s gross domestic product (GDP) that is not spent on consumption. It is a measure of a country’s ability to finance its own investment and to accumulate foreign assets.

The following table shows the GDS of India from 2001 to 2010:

Year | GDS (%)
——- | ——–
2001-02 | 23.4
2002-03 | 23.8
2003-04 | 24.2
2004-05 | 24.6
2005-06 | 25.3
2006-07 | 25.1
2007-08 | 24.9
2008-09 | 24.7
2009-10 | 24.6

As can be seen, the highest GDS was achieved in 2005-06. This was due to a number of factors, including strong economic growth, high corporate profits, and low interest rates.

The other options are incorrect because they do not represent the highest GDS in the decade 2001-2010.

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