Question

Who was the first to determine national income?
1. V. K. R. D. Rao
2. Sardar Vallabhbhai Patel
3. Dadabhai Naoroji
4. Prashanta Chandra Mahalanobis

Answer 1

Correct Answer - Option 3 : Dadabhai Naoroji

The correct answer is Dadabhai Naoroji.

• Dadabhai Naoroji was the first to determine national income.
• He is also known as the grand old man of India.

• He was also an unofficial ambassador of India.
• In the UK, he was a member of the house of Commons in 1892.
• He was the first Indian to become a member of the British parliament.
• He was born in Bombay.
• He was the co-founder of the Indian National Congress.
• He was an academician, politician, and trader.
• He propounded the theory of wealth drain from India.
• He was born in a Parsi family.
• Maharaja of Baroda, Sayajirao Gayakwad patronised him.
• The London society in 1965 was launched by him.