WBCS.LIVE practice question

Who among the following put forward the famous Drain Theory?

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

Answer options

  1. Dadabhai Naoroji
  2. Surendranath Banerjee
  3. Gopal Krishna Gokhale
  4. Bal Gangadhar Tilak

Correct answer and explanation

Correct answer: Dadabhai Naoroji

Explanation: āœ… Correct Answer: A. Dadabhai Naoroji šŸ“š Explanation: Dadabhai Naoroji, known as the 'Grand Old Man of India', proposed the 'Drain of Wealth' theory in his book Poverty and Un-British Rule in India. He argued that Britain was systematically draining India's wealth and resources to England. This theory was a major economic critique of colonial rule and became a rallying point for the early nationalist movement. It highlighted that India's poverty was a result of British economic exploitation.