Q. Who coined the term ‘discriminating protection’ while appearing before the Indian Fiscal Commission?
(a) Lala Harkishanlal
(b) C R Das
(c) Motilal Nehru
(d) Rajendra Prasad
Ans: (a) Lala Harkishanlal
Explanation: The term “discriminating protection” was coined by Lala Harkishanlal while appearing before the Indian Fiscal Commission.
Lala Harkishanlal, also known as Lala Harkishan Lal Moolchand, was an Indian industrialist and a prominent figure in the Indian National Congress. He was involved in economic and trade-related issues and made significant contributions to the discourse on economic policy during the colonial era in India.
During his appearance before the Indian Fiscal Commission, Lala Harkishanlal used the term “discriminating protection” to describe the policy of protectionism that favored certain industries or products over others through discriminatory tariffs and regulations. This term reflected his criticism of the British colonial government’s economic policies, which he believed were designed to benefit British industries at the expense of Indian industries.