Among the following notable estimators, whose estimates during the colonial period was considered very significant ?
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → V.K.R.V. Rao
The colonial government never made a sincere attempt to estimate India’s national and per capita income. Some individuals tried, and their results did not agree. Of the notable estimators, Dadabhai Naoroji, William Digby, Findlay Shirras, V.K.R.V. Rao and R.C. Desai, the estimates of V.K.R.V. Rao were considered very significant.
NCERT (2026-27): “…Obviously, the colonial government never made any sincere attempt to estimate India’s national and per capita income. Some individual attempts which were made to measure such incomes yielded conflicting and inconsistent results. Among the notable estimators — Dadabhai Naoroji, William Digby, Findlay Shirras, V.K.R.V. Rao and R.C. Desai — it was Rao, whose estimates during the colonial period was considered very significant.…” |