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
Correct answer and explanation
Correct answer: Dadabhai Naoroji
Explanation: ā Correct Answer: A. Dadabhai Naoroji 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.