Who among the following formulated the concept of poverty as a measurable development indicator in the Indian subcontinent?

  1. A. Dadabhai Naoroji
  2. B. Romesh Chandra Dutt
  3. C. V.K.R.V. Rao
  4. D. M. Ranade

Correct Answer: A. Dadabhai Naoroji

Explanation

Dadabhai Naoroji was the first to systematically estimate a poverty line and outline the concept of poverty in India in his notable work 'Poverty and Un-British Rule in India'.

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