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Which of the following economists estimated India's per capita income during the colonial period. -

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Question

Which of the following economists estimated India's per capita income during the colonial period.

Options

  • Dadabhai Naroji

  • William Digbay

  • Findlay Shirras

  • All of the above

MCQ

Solution

All of the above

Explanation:

Because the British government was never interested in our country's advancement, they never attempted to calculate India's national and per capita GDP. Despite the fact that several economists attempted to assess India's national income and per capita income during colonial rule, the results were mixed and conflicting. 

The following are some examples are some of the well-known economists who worked on national income and per capita estimates.

The income per capita:

  1. Dadabhai Naroji
  2. William Digby
  3. Findlay Shirras
  4. V.K.R.V Rao
  5. R.C. Desai

V.K.R.V Rao's assessments are the most accurate. It is regarded as a sign. The majority of these studies demonstrated that the Indian economy grew at a far slower rate between 1900 and 1950, with a half-percentage point Annual growth in per capita output.

shaalaa.com
Low Level of Economic Development Under the Colonial Rule
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