Individual Income Estimates
The individual attempts to estimate India's national income during the colonial period yielded:
- Consistent and reliable results
- Conflicting and inconsistent results — Correct Answer
- No results at all
- Highly accurate results
Explanation:
Correct Answer Explanation
Individual attempts to estimate India's national income yielded conflicting and inconsistent results.
Key Points:
- The colonial government never made sincere efforts for such estimation.
- Notable estimators: Dadabhai Naoroji, William Digby, Findlay Shirras, V.K.R.V. Rao, R.C. Desai.
- V.K.R.V. Rao's estimates were considered most significant.
📚 About this Topic — CH-1: INDIAN ECONOMY ON THE EVE OF INDEPENDENCE
This multiple choice question is from CH-1: INDIAN ECONOMY ON THE EVE OF INDEPENDENCE, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-1: INDIAN ECONOMY ON THE EVE OF INDEPENDENCE to strengthen your preparation.
