Growth of aggregate real output in the first half of the twentieth century was less than:
ATen per cent
BHalf per cent
CTwo per cent
DFive per cent
Answer & Solution
Correct answer: C. Two per cent
1. The colonial government never estimated national income.
2. Output growth was under two per cent.
3. Per capita growth was a meagre half per cent.
_Source: NCERT Class 11 Indian Economic Development, Chapter 1, Indian Economy on the Eve of Independence._
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