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Per capita income was Rs. 20 in 1867–68: Dadabhai Naoroji – UPSC Prelims PYQ 2000

That the per capita income in India was Rs. 20 in 1867–68 was first ascertained by:

  1. G. Ranade
  2. Sir W. Hunter
  3. C. Dutta
  4. Dadabhai Naoroji

Explanation

  • Dadabhai Naoroji was the first to estimate India’s national and per capita income. In his economic analysis (later elaborated in Poverty and Un-British Rule in India), he calculated the per capita income to be about Rs. 20 and used it to support his Drain of Wealth Theory.
Answer: (d) Dadabhai Naoroji