Who was David Ricardo?
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → An Economist
By the 1820s, the economist David Ricardo was a celebrated figure in England, and British officials used his ideas when they framed the early revenue settlement in Maharashtra.
NCERT (2026-27): “3.2 A new revenue system … There were other reasons too. When officials devise policies, their thinking is deeply shaped by economic theories they are familiar with. By the 1820s, the economist David Ricardo was a celebrated figure in England. Colonial officials had learnt Ricardian ideas during their college years. In Maharashtra when British officials set about formulating the terms of the early settlement in the 1820s, they operated with some of these ideas.…” |