Answer :

In the pre Independence era, several estimates of national income were made by Dadabhai Naoroji (1868), V.K.R.V. Rao (1925-29) and R.C. Desai (1931-40). Among these, the estimates of Naoroji have computed the value of the output raised by the agricultural sector and then added some portion of the income earned by the non-agricultural sector. But these estimates have no scientific basis of its own.


Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Related Videos
Area Related to Circles- Important Formula and ConceptsArea Related to Circles- Important Formula and ConceptsArea Related to Circles- Important Formula and Concepts59 mins
Sphere and HemisphereSphere and HemisphereSphere and Hemisphere16 mins
Heights and Distances-IHeights and Distances-IHeights and Distances-I45 mins
Cube and CuboidCube and CuboidCube and Cuboid41 mins
History - Concept and QuestionsHistory - Concept and QuestionsHistory - Concept and Questions57 mins
Resources and Development RevisionResources and Development RevisionResources and Development Revision28 mins
Corrosion: Types, Pros and ConsCorrosion: Types, Pros and ConsCorrosion: Types, Pros and Cons41 mins
Right Circular Cone And FrustumRight Circular Cone And FrustumRight Circular Cone And Frustum43 mins
Right Circular CylinderRight Circular CylinderRight Circular Cylinder45 mins
Revision on Substitution and  Elimination MethodRevision on Substitution and  Elimination MethodRevision on Substitution and Elimination Method44 mins
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
caricature
view all courses
RELATED QUESTIONS :

Explain the conceRajasthan Board Social Science

Write an article Rajasthan Board Social Science

Along with economRajasthan Board Social Science

What is the perioRajasthan Board Social Science

What were the aimRajasthan Board Social Science

Explain the diffeRajasthan Board Social Science

What is the natioRajasthan Board Social Science

What are the propRajasthan Board Social Science

Explain the conceRajasthan Board Social Science

Why should NationRajasthan Board Social Science