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    Question

    Who coined the term “Hindu Rate of Growth”?

    A Vijay Kelkar Correct Answer Incorrect Answer
    B Bimal Jalan Correct Answer Incorrect Answer
    C Raj Krishna Correct Answer Incorrect Answer
    D Amiya Kumar Bagchi Correct Answer Incorrect Answer

    Solution

    Economist Raj Krishna coined the term "Hindu Rate of Growth" to describe India's low annual economic growth of approximately 3.5% from the 1950s to the 1980s. The term implies that cultural factors such as fatalism and contentment contributed to this stagnation during the socialist economic policies of that era.

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