GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who among the following took attempts to calculate national income of India on the eve of independence?
A
Dadabhai Naoroji
B
VKRV Rao
C
Findlay Shirras
D
All of the above
Explanation: 

Detailed explanation-1: -The Indian economists Dadabhai Naoroji, V.K.R.V. Rao, R.C. Desai and British Findlay Shirras and William Digby attempted to measure India’s national income.

Detailed explanation-2: -The National Income Committee, formed in 1949, calculated the National Income of India and compiled statistics in the post-independence period.

Detailed explanation-3: -Dadabhai Naoroji: The first attempt to calculate the national income of India was made by Dadabhai Naoroji in 1867-68, who estimated per capita income to be ₹ 20.

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