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Who described Indian Capitalism as “Dharmshala Capitalism” ?

Who described Indian Capitalism as “Dharmshala Capitalism” ? Correct Answer Raj Krishana

The correct answer is Raj Krishana.

Key Points

  • “Dharmshala Capitalism”:
    • ​The term 'Dharmshala Capitalism', ‘Hindu rate of growth’ was coined by Professor Rajkrishna, an Indian economist, in 1978 to characterize the slow growth and to explain it against the backdrop of socialistic economic policies.
    • The term came into being to show India’s contentment with the low growth rate, post-independence.

Related Questions

Read the passage carefully and choose the best answer to each question out of the four alternatives.
Doing an internship at the University of Lille in France, I almost always found myself stuck whenever I had to speak to non-Indians about India or on anything'Indian'. This was more because of the subtle differences in the way the French understood India in comparison to what I thought was 'Indian'. For instance, when I,or any Indian for that matter, say 'Hindi' is an Indian language, what it means is that it is one of the languages widely spoken in India. This need not be similar tothe understanding that the French would have when they hear of 'Hindi' as an Indian language. Because for them Hindi then becomes the only language spoken inIndia. This is a natural inference that the French, Germans, Italians and many other European nationals would tend to make, because that is generally how it is intheir own respective countries. The risk of such inappropriate generalisations made about 'Indian' is not restricted to language alone but also for India's landscape,cuisine, movies, music, climate, economic development and even political ideologies. The magnitude of diversity of one European country can be easily compared tothat of one of the Indian State, isn't it? Can they imagine that India is one country whose diversity can be equated to that of the entire European continent? Theonus is upon us to go ahead and clarify the nuances in 'Indianness' while we converse. But why should one do so? How does it even matter to clarify? Why do some French people think that Hindi is the only Indian language?
Consider the following statements:
1. Section 34 of Indian Penal Code requires two persons whereas Section 149 of Indian Penal Code require five persons.
2. Section 34 of Indian Penal Code requires common intention, whereas Section 149 of Indian Penal Code requires common object
3. Section 34 of Indian Penal Code and Section 149 of Indian Penal Code both require presence of a prior consent
4. Section 34 of Indian Penal Code and section 149 of Indian Penal Code. Both create specific offence
Which of the above statements are correct?
The development process under Capitalism has been described as “Creative Destruction” by:
Read the passage carefully and choose the best answer to each question out of the four alternatives.
Doing an internship at the University of Lille in France, I almost always found myself stuck whenever I had to speak to non-Indians about India or on anything'Indian'. This was more because of the subtle differences in the way the French understood India in comparison to what I thought was 'Indian'. For instance, when I,or any Indian for that matter, say 'Hindi' is an Indian language, what it means is that it is one of the languages widely spoken in India. This need not be similar tothe understanding that the French would have when they hear of 'Hindi' as an Indian language. Because for them Hindi then becomes the only language spoken inIndia. This is a natural inference that the French, Germans, Italians and many other European nationals would tend to make, because that is generally how it is intheir own respective countries. The risk of such inappropriate generalisations made about 'Indian' is not restricted to language alone but also for India's landscape,cuisine, movies, music, climate, economic development and even political ideologies. The magnitude of diversity of one European country can be easily compared tothat of one of the Indian State, isn't it? Can they imagine that India is one country whose diversity can be equated to that of the entire European continent? Theonus is upon us to go ahead and clarify the nuances in 'Indianness' while we converse. But why should one do so? How does it even matter to clarify? The writer was working at a university in which country?
Read the passage carefully and choose the best answer to each question out of the four alternatives.
Doing an internship at the University of Lille in France, I almost always found myself stuck whenever I had to speak to non-Indians about India or on anything'Indian'. This was more because of the subtle differences in the way the French understood India in comparison to what I thought was 'Indian'. For instance, when I,or any Indian for that matter, say 'Hindi' is an Indian language, what it means is that it is one of the languages widely spoken in India. This need not be similar tothe understanding that the French would have when they hear of 'Hindi' as an Indian language. Because for them Hindi then becomes the only language spoken inIndia. This is a natural inference that the French, Germans, Italians and many other European nationals would tend to make, because that is generally how it is intheir own respective countries. The risk of such inappropriate generalisations made about 'Indian' is not restricted to language alone but also for India's landscape,cuisine, movies, music, climate, economic development and even political ideologies. The magnitude of diversity of one European country can be easily compared tothat of one of the Indian State, isn't it? Can they imagine that India is one country whose diversity can be equated to that of the entire European continent? Theonus is upon us to go ahead and clarify the nuances in 'Indianness' while we converse. But why should one do so? How does it even matter to clarify? What wrong with respect to India are the Europeans responsible for?
Read the passage carefully and choose the best answer to each question out of the four alternatives.
Doing an internship at the University of Lille in France, I almost always found myself stuck whenever I had to speak to non-Indians about India or on anything'Indian'. This was more because of the subtle differences in the way the French understood India in comparison to what I thought was 'Indian'. For instance, when I,or any Indian for that matter, say 'Hindi' is an Indian language, what it means is that it is one of the languages widely spoken in India. This need not be similar tothe understanding that the French would have when they hear of 'Hindi' as an Indian language. Because for them Hindi then becomes the only language spoken inIndia. This is a natural inference that the French, Germans, Italians and many other European nationals would tend to make, because that is generally how it is intheir own respective countries. The risk of such inappropriate generalisations made about 'Indian' is not restricted to language alone but also for India's landscape,cuisine, movies, music, climate, economic development and even political ideologies. The magnitude of diversity of one European country can be easily compared tothat of one of the Indian State, isn't it? Can they imagine that India is one country whose diversity can be equated to that of the entire European continent? Theonus is upon us to go ahead and clarify the nuances in 'Indianness' while we converse. But why should one do so? How does it even matter to clarify? According to the writer the responsibility of explaining the facts about India to Europeans rests with?
Carefully read following statements:
1. According to Section 34 of Indian Penal Code, requirement is of two persons, whereas under Section 149 of Indian Penal Code, requirement is of five persons.
2. According to Section 34 of Indian Penal Code, common intention is required whereas under Section 149 Indian Penal Code, common object is required
3. Previous consent is required under Section 34 & 149 of Indian Penal Code
4. Section 34 of Indian Penal Code and Section 149 of Indian Penal Code constitutes a specific offence
Which of the above statements is true:
Which of the following statements about Gandhiji's Hind Swaraj written in 1909 is/are true? 1. Hind Swaraj offers a civilizational concept of the Indian nation. 2. Hind Swaraj states that Parliamentary democracy was necessary for the amelioration of the sufferings of Indians. 3. Hind Swaraj argues that Industrial capitalism was responsible for the immorality of society. Select the correct answer using the code given below:
Which Indian businessman favoured ‘healthy capitalism’ in helping Gandhiji to work towards a ‘common object’?
In whose travelogue the material condition of the people of India has been described as under: "The common people lived in poverty so great and miserable that the life of the people can be depicted or accurately described only as the home of stark want and the dwelling place of bitter woe"