GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Tick the notable estimators who made attempts to estimate India’s National and Per capita Income during the Colonial Period.
A
Naoroji
B
Digby
C
Shirras
D
Rao
E
Desai
Explanation: 

Detailed explanation-1: -Notable economists during colonial peiod who estimated India’s per capita income are Dadabhai Naoroji, William Digby, Findlay Shirarras, V.K.R.V Rao and R.C. Desai.

Detailed explanation-2: -Dadabhai Naoroji was the first to estimate the country’s per capita national income during the British rule for the year 1888. He was an Indian nationalist and critic of British economic policy in India.

Detailed explanation-3: -Dadabhai Naoroji was the first Indian to estimate the national income of the country. 2. National Income Committee, established in India after getting independence was headed by Prof. VKRV Rao.

Detailed explanation-4: -Dadabhai Naoroji was not satisfied with the official estimates regarding the national income of India during the British rule.

There is 1 question to complete.