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Question

Out of the following estimators whose estimation was nearly significant on per capita income during the British colonial period?


A
VKRV Rao
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B
William Digby
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C
RC Desai
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D
Findlay Shirras
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Solution

The correct option is A VKRV Rao
Vijayendra Kasturi Ranga Varadaraja Rao (8 July 1908 – 25 July 1991) was an Indian economist, politician and educator from Tamil Nadu. Rao applied pure scientific exercise in the estimation of National Income. This was his unique achievement at that time and gave credibility to his work over the years he became more and more assertive on the analytical limitations of inter-country comparisons of national and per capita income.

Economics

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