Whose estimate of India’s national and per capita income during the colonial period is considered the most significant?
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → V.K.R.V. Rao
Under British rule, Dadabhai Naoroji, William Digby, Findlay Shirras, V.K.R.V. Rao and R.C. Desai all tried to estimate India’s national and per capita income. Among these, the estimates of V.K.R.V. Rao are considered the most significant.