Who is the author of "Economy of Permanence"?
(1) J.C. Kumarappa
(2) P.C. Mahalabonis
(3) K.N. Raj
(4) Mahatma Gandhi

1

J.C. Kumarappa, originally known as J.C. Cornelius, was a distinguished economist and chartered accountant. He pursued his education in both England and the USA, gaining a broad international perspective. Kumarappa was a dedicated follower of Mahatma Gandhi, and he made earnest attempts to implement Gandhian principles in economic policies. His notable work, 'Economy of Permanence,' underscores his significant contributions to the field.