Consider the following statements:
1. Dadabhai Naoroji was the first Indian to estimate the national income of the country.
2. National Income Committee, established in India after getting independence was headed by Prof. VKRV Rao.
Which of the statements given above is/are correct?

Only 1

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Only 2

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Both 1 and 2

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Neither 1 nor 2

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Solution

The correct option is A Only 1
Before independence, there was no independent body to estimate national income. Dadabhai Naoroji was a pioneer in this field. He estimated the agricultural production in the country and then a certain percentage was added as non-agricultural production to determine national income in 1876. The scientific method to estimate national income was adopted in 1931 by VKRV Rao. In 1949, National Income Committee was appointed by the Government of India and was chaired by P.C. Mahalanobis.

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Q. Consider the following statements:
1. Dadabhai Naoroji was the first Indian to estimate the national income of the country.
2. National Income Committee established in 1949 in India after independence was headed by Professor V.K.R.V Rao.
Which of the statements given above is/ are correct?

निम्नलिखित कथनों पर विचार करें:
1. दादाभाई नौरोजी देश की राष्ट्रीय आय का अनुमान लगाने वाले पहले भारतीय थे।
2. स्वतंत्रता पश्चात् भारत में 1949 में स्थापित राष्ट्रीय आय समिति का नेतृत्व प्रोफेसर वी.के.आर.वी.राव द्वारा किया गया था।
ऊपर दिए गए कथनों में से कौन सा/से सही है/हैं?

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Which of the above statement(s) is/are correct?

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Consider the following statements:1. Dadabhai Naoroji was the first Indian to estimate the national income of the country.2. National Income Committee, established in India after getting independence was headed by Prof. VKRV Rao.Which of the statements given above is/are correct?

Consider the following statements:
1. Dadabhai Naoroji was the first Indian to estimate the national income of the country.
2. National Income Committee, established in India after getting independence was headed by Prof. VKRV Rao.
Which of the statements given above is/are correct?