MCQOPTIONS
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| 1. |
Which of the below sentences summarizes the theme of the passage? |
| A. | Data presented in RBI’s latest Annual Report showing that households sharply raised their financial savings in FY18 is cause for celebration. |
| B. | The government needs more resources and industry for FY18. |
| C. | While banks were losers, market-linked products reaped a bonanza. ‘Shares and debentures’, a category of financial savings, saw a significant jump in FY18. |
| D. | The proportion of disposable income that went into bank deposits plummeted from 6.3% to 2.9% in FY18. |
| E. | FY18 deposits fell below pre-demonetisation levels, savers halved deposits to ₹4.7 lakh cr. but added the same sum in currency. |
| Answer» F. | |