The first estimate of national income in India was made by: / » Indian Economy solved MCQs / By admin Question: The first estimate of national income in India was made by: A. Mahalanobis B. V.K.R.V. Rao C. Dadabhai Naoroji D. Prof. Sheroi Answer» c. Dadabhai Naoroji Note: The above multiple-choice question is for all general and Competitive Exams in India.