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

1

*The correct answer is Option 1 - 1 (J.C. Kumarappa)*

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.

Note : This question is from pre rationalised NCERT.