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Q. |
Who prepared the first estimate of National Income for the country? |
A. | Central Statistical Organisation |
B. | National Income Committee |
C. | Dadabhai Naoroji |
D. | National Sample Survey Organisation |
Answer» C. Dadabhai Naoroji | |
Explanation: Dadabhai Naoroji 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 nonagricultural production. However, such method can only been called as a non-scientific method. |
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