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Which of the following economist estimated per capita income during colonial period
- a)Findlay Shirras
- b)William Digby
- c)Dada Bhai Naoroji
- d)Both B and C
Correct answer is option 'D'. Can you explain this answer?
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Which of the following economist estimated per capita income during co...
Dadabhai Naoroji, William Digby, V.K.R.V. Rao and R.C. Desai are the economists who estimated India’s national income and per capita income during the colonial period. Among these estimations, Rao’s estimates were considered more significant.
So option D is correct.
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Which of the following economist estimated per capita income during co...
Estimation of Per Capita Income during Colonial Period
During the colonial period, India's economy was underdeveloped and had low per capita income. Many economists estimated the per capita income during that time. The following economists estimated the per capita income during the colonial period:
1. Findlay Shirras:
Findlay Shirras was a British economist who estimated the per capita income in India during the colonial period. He estimated that the per capita income was between Rs. 20 to Rs. 25 during the early 19th century.
2. William Digby:
William Digby was also a British economist who estimated the per capita income in India during the colonial period. He estimated that the per capita income was between Rs. 20 to Rs. 30 during the late 19th century.
3. Dadabhai Naoroji:
Dadabhai Naoroji was an Indian economist who estimated the per capita income in India during the colonial period. He estimated that the per capita income was around Rs. 20 during the late 19th century.
Therefore, the correct answer is option 'D' - all of these, as all three economists estimated the per capita income during the colonial period.
During the colonial period, India's economy was underdeveloped and had low per capita income. Many economists estimated the per capita income during that time. The following economists estimated the per capita income during the colonial period:
1. Findlay Shirras:
Findlay Shirras was a British economist who estimated the per capita income in India during the colonial period. He estimated that the per capita income was between Rs. 20 to Rs. 25 during the early 19th century.
2. William Digby:
William Digby was also a British economist who estimated the per capita income in India during the colonial period. He estimated that the per capita income was between Rs. 20 to Rs. 30 during the late 19th century.
3. Dadabhai Naoroji:
Dadabhai Naoroji was an Indian economist who estimated the per capita income in India during the colonial period. He estimated that the per capita income was around Rs. 20 during the late 19th century.
Therefore, the correct answer is option 'D' - all of these, as all three economists estimated the per capita income during the colonial period.
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