Multiple choice

Who prepared the first estimate of the national income for the country?

  1. Central Statistical Organisation

  2. National Income Committee

  3. Dadabhai Naoroji

  4. National Sample Survey Organisation
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C Correct answer
Explanation

Dadabhai Naoroji, known as the 'Grand Old Man of India', prepared the first systematic estimate of India's national income in his 1901 work 'Poverty and Un-British Rule in India' using the 'drain theory' approach. The CSO and NSSO were established much later in 1949 and 1950 respectively.

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