WBCS.LIVE practice question

The 'Drain of Wealth' theory refers to:

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Exploitation of Indian resources by Indian elites
  2. British transfer of surplus Indian wealth to England
  3. Transfer of British capital to India
  4. India's investment in global markets

Correct answer and explanation

Correct answer: British transfer of surplus Indian wealth to England