Question:
The economist who first scientifically determined national income in India is
The economist who first scientifically determined national income in India is
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“\textbf{First scientific NI estimate (India)}” $\rightarrow$ \textbf{V. K. R. V. Rao}.
Updated On: Aug 12, 2025
- Dr. D. R. Gadgil
- Dr. V. K. R. V. Rao
- Dr. Manmohan Singh
- Dr. Y. V. Alagh
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The Correct Option is B
Solution and Explanation
Historical note: In the 1930s, V.~K.~R.~V. Rao produced the first comprehensive, methodologically rigorous estimates of India’s national income—laying groundwork for later CSO/NCAER series. Others listed are prominent economists/planners but not credited with the first scientific NI estimation.
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