Who estimated the National Income for the first time in India?a)Mahalanobisb)Dadabhai Naorojic)V.K.R.V Raod)Sardar PatCorrect answer is option 'B'. Can you explain this answer?

Question

Answer

Answer:
Dadabhai Naoroji estimated the National Income for the first time in India.

Explanation:
Dadabhai Naoroji was an Indian nationalist leader and a social reformer. He was the first to estimate the National Income of India in his book 'Poverty and Un-British Rule in India'. The book was published in 1901 and it remains a significant contribution to the economic and social history of India.

Importance of Dadabhai Naoroji's estimation of National Income:

1. It was the first attempt to estimate the national income of India.
2. It highlighted the poverty and economic exploitation of India under British rule.
3. It helped to create awareness among Indians about the need for economic self-sufficiency and independence.
4. It influenced the economic policies of the Indian National Congress and other nationalist leaders.

Conclusion:
Dadabhai Naoroji's estimation of National Income was a significant contribution to the economic and social history of India. It highlighted the economic exploitation of India under British rule and inspired the Indian nationalist movement to work for economic self-sufficiency and independence.

Similar Teaching Doubts

Who was the first Indian to be elected to the British Parliament?

Who was the second woman to become the president of the Indian National Congress in 1925 and the first Indian woman to do so?

The national planint commission was established in india?

Which of the following leaders presided over the Congress Session at Calcutta in 1906?

Our national flower?

Top Courses for Teaching

Suggested Free Tests

Related Content

Schools

Competitive Examinations

Quick Access Links

Technical Exams