IBPS RRB Office Assistant 20 Sep 2015 Paper

(5) According to the preliminary estimates released by the Reserve Bank of India on 31 August 2015, household financial saving is placed at 7.5 % of India’s national income in FY’15, up from 7.3% in 2013- 14. Amid a slowdown in over-all household savings, their savings in financial assets-deposits, stocks, insurance, mutual funds and pension funds - gained breaking a five year trend over which the share of financial savings was seen dipping.