Question

Who was the first to perform the estimates of data of national income?

Answer 1

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Dadabhai Naoroji prepared the first estimates of National income in 1876. He estimated the national income by first estimating the value of agricultural production and then adding a certain percentage as non-agricultural production.

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Answer 2

Answer:

Sir Dadabhai Naoroji Dordi (4 September 1825 – 30 June 1917) also known as the "Grand Old Man of India" and "Unofficial Ambassador of India" was a British Parsi scholar, trader and politician who was a Liberal Party member of Parliament (MP) in the United Kingdom House of Commons between 1892 and 1895