
Consider the following statements.
I. The first attempt to calculate the National Income of India was made by Dadabhai Naoroji.
II. The first scientific method to calculate National Income of India was made by Prof. VKRV Rao.
Which of the statements given above is/are correct?
I. The first attempt to calculate the National Income of India was made by Dadabhai Naoroji.
II. The first scientific method to calculate National Income of India was made by Prof. VKRV Rao.
Which of the statements given above is/are correct?


Important Questions on Indian Economy
Consider the following statements:
I. GDP is a better measure of national income than GNP.
II. GNP is always higher than GDP.
Which of the statements given above is/are correct?

Consider the following statements :
I. Net National Product (NNP) is the most appropriate method to measure the economic growth of a country.
II. Max O Lorenz firstly introduced Gross domestic Product (GDP) to measure the economic growth of a country.
Which of the statements given above is/are correct?






