Out of the following options, whose estimates of national income during the colonial period came out to be very significant? |
William Digby Dadabhai Naoroji Vijayendra Kasturi Ranga Varadaraja Rao R. C. Desai |
Vijayendra Kasturi Ranga Varadaraja Rao |
The colonial government's entire focus was to make their economy strong by exploiting Indian resources. Thus, they never made any conscious efforts to calculate the Indian national income or per capita income. Few economists including Dadabhai Naoroji, R.C Desai and V.K.R.V. Rao made an attempt for the same out of which it was Rao whose estimates were significant enough. |