WBCS.LIVE practice question

“Hindu rate of growth” term was introduced by -

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Amartya Sen
  2. Raj Krishna
  3. V. K. R. V. Rao
  4. Kaushik Basu

Correct answer and explanation

Correct answer: Raj Krishna

Explanation: ✅ Correct Answer: B. Raj Krishna 📚 Explanation: The term "Hindu rate of growth" was coined by the Indian economist Raj Krishna in 1978. It referred to the slow annual growth rate (around 3.5%) of India's economy during the 1950s-1980s. He argued that the low growth was a result of restrictive socialist policies and inefficient administration. The term became a subject of intense debate among economists for decades.