Question

Dadabhai Naoroji's 'Drain Theory' highlighted which issue in British India ?

• A. The benefits of British rule
• B. The exploitation of resources by the British leading to economic crisis
• C. The positive impact of British investment
• D. The fair distribution of wealth

Answer 1

Answer:

B. The exploitation of resources by the British leading to economic crisis

Dadabhai Naoroji

• He was a well-known economist in British India. He pointed out that the Britishers were draining our resources and that this led to economic crisis and poverty, known as the Drain Theory.

• The studies of Ramesh Chandra Dutt on British exploitation of India also strengthened the Indian economic thought. His studies revealed how the western civilization and British exploitation ruined India