Which of the following propounded the 'Drain Theory'?
ADadabhai Naoroji
BGopal Krishna Gokhale
CLokmanya Tilak
DMadan Mohan Malaviya
Answer:
A. Dadabhai Naoroji
Read Explanation:
Dadabhai Naoroji known as Grand Old Man of India, focused on the drain of wealth from India to England through colonial rule. One of the reasons that the ' Drain Theory' attributed to Naoroji was his decisions to estimate the national net profit of India.