Name some notable economists who estimated India's per capita income during the colonial period.
As the British government was never interested in upliftment of our country, so they never took any initiative to measure India's national and per capita income. Though some of the economists tried to estimate India's national income and per capita income during the colonial rule, but the results are mixed and conflicting. The following are some of the notable economists who were engaged in estimation of national income and per capita income:
i. Dadabhai Naroji
ii. William Digbay
iii. Findlay Shirras
iv. V.K.R.V Rao
v. R.C. Desai
Out of these, V.K.R.V Rao’s estimates are considered to be significant. Most of these studies revealed that Indian economy grew at even less than two percent during 1900-50 with half per cent growth in per capita output per year.
2. Fixed Foreign Exchange Rate can be changed by
3. The MC curve cuts the AVC and ATC curves at
4. Which institution is known as 'Soft Loan Window' of World Bank?
5. Money market is a market for _______________
7. An Indian citizen can open a Savings Account in which of the following ?
8. FCRA administered by the Ministry of Home Affairs stands for _____?
9. What best explains a shift in market supply curve to the right?
10. How instrument is used by the Reserve Bank of India to control market liquidity?