Dwivedi's were very best sahityakar contributions to Indian creative and critical writings are phenomenal and his interests diverse.
He wrote the following important works in literary history and criticism:
- Sahitya ki Bhumika
- Hindi Sahitya ka Adikala
The above writings of his gave a new direction to the history of criticism in the Hindi literature.
He also published his historical analysis of medieval religious life of India in following books:
- Kabir
- Madhyakalin Dharma Sadhana
- Natha Sampradaya
His work on medieval saint Kabir is considered a masterpiece, and is a thoroughly researched analysis of Kabir's thought, works, and teachings.
He was also an eminent novelist. His novels revolved around Historical themes and personages. His following Historical Novels are considered classics:
- Banbhatt Ki Aatmkatha (1946)
- Anamdas Ka Potha
- Punarnava
- Charu-chandra-Lekha
He was also a great essayist. Some of his memorable essays are:
- Kalplata (Shirish ke phool and other essays): Shirish ke phool is part of NCERT Hindi book for class XII
- Nakhoon Kyon Barhte Hain (Why do the nails grow)
- Ashok ke phool
- Kutaj
- Alok Parva (Collection)
He also translated many works from English and other languages to Hindi. These include:
- Prabandha-Chintamani (from Prakrit)
- Puratan Prabandha Sangraha
- Vishva Parichay
- Lal Kaner
- "mouthi mar thi hoa mara"