GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The base year for computation of National Income in India is-
A
1990-1991
B
1993-1994
C
1999-2000
D
2000-2001
Explanation: 

Detailed explanation-1: -Dadabhai Naoroji was a pioneer in this field. He estimated the agricultural production in the country and then a certain percentage was added as non-agricultural production to determine national income in 1876. The scientific method to estimate national income was adopted in 1931 by VKRV Rao.

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