According to an analysis by brokerage Motilal Oswal Financial Services, household savings rose to how much percent of GDP?

• A. 21.5%
• B. 20.0%
• C. 22.5%
• D. 25.5%

Answer: (C)

As people were forced to remain indoors for most of the year due to the lockdowns, there was an unlikely winner in the pandemic-ravaged year household savings which rose to 22.5 per cent of GDP from 19.8 per cent in 2019.