Multiple choice

The term 'Hindu Rate of Growth' was propounded by

  1. P. C. Mahalanobis

  2. Raj Krishna

  3. Amartya Sen

  4. Jagdish Bhagwati
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Economist Raj Krishna coined the term Hindu Rate of Growth in 1978, referring to India's approximately 3.5% average annual GDP growth rate from 1950 to 1980. The term, meant to describe the sluggish growth under planned development, was controversial and later abandoned after economic reforms accelerated growth.

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