Question

The first attempt of Indians to measure national income:

  1. By William Digby
  2. By Dadabhai Naoroji
  3. By MG Ranade
  4. By VKRV Rao

Answer:

Option B: By Dadabhai Naoroji

Detailed Solution:

The correct answer is “By Dadabhai Naoroji”.

Dadabhai Naoroji is considered the first person to estimate India's national income before independence.