UPSC Prelims 2000·GS1·economy·basic concepts

That the per capita income in India was Rs. 20 in 1867-68, was ascertained for the first time by

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  1. AM. G. Ranade
  2. BSir W. Hunter
  3. CR. C. Dutta
  4. DDadabhai NaorojiCorrect

Explanation

The correct answer is D. Dadabhai Naoroji, known as the Grand Old Man of India, was the first person to scientifically estimate Indias national income. In his book, Poverty and Un-British Rule in India, he calculated the per capita income for the year 1867-68 to be 20 rupees. His work was part of his effort to highlight the economic drain of wealth from India to Britain under colonial rule. While the other individuals mentioned were also prominent economic thinkers or historians, Naoroji was the pioneer in providing this specific statistical figure.
economy: That the per capita income in India was Rs. 20 in 1867-68, was ascertained for the first time by

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