Question

Who estimated national income in India first?

• A. Dadabhai Naoroji
• B. R.C. Dutt
• C. V.K. R.V. Rao
• D. D.R. Gadgil

Answer 1

The Correct Option is A

To address the query of who first estimated the national income in India, we need to look at the prominent figures involved in early economic assessments of the country. The estimation of national income involves calculating the total value of goods and services produced over a specific period. Among the given options:

• Dadabhai Naoroji
  R.C. Dutt
  V.K. R.V. Rao
  D.R. Gadgil

Dadabhai Naoroji, a key figure in Indian history, was indeed the first to estimate the national income of India. Known as the "Grand Old Man of India," Naoroji's pioneering work in the late 19th century laid the foundation for the economic analysis of the Indian economy, particularly under colonial rule. He published his estimates in his book "Poverty and Un-British Rule in India," where he analyzed the wealth drain from India caused by British rule.

Therefore, the correct answer is:

Dadabhai Naoroji