Who estimated the National Income for the first time in India?

Question

AMahalanobis

BDadabhai Naoroji

CVKRV Rao

DSardar Patel

Select from the options above.

Correct Option: 2  

Explanation:
Dadabhai Naoroji, fondly called the Grand Old Man of India, was the pioneer in this field. He prepared the first estimates of National income in 1876. He estimated the national income by first estimating the value of agricultural production and then adding a certain percentage as non-agricultural production.