Question

Who formulated the ‘Drain theory’?

• A. V.K. Krishnamenon
• B. Dadabhai Naoroji
• C. Bal Gangadara Tilak
• D. C.R. Das

Answer 1

Answer:

B. Dadabhai Naoroji

• The Drain Theory is an economic concept that argues that British colonial rule in India systematically drained the country's wealth and resources, leading to poverty and underdevelopment.
• Dadabhai Naoroji was the main proponent of this theory.
• This theory was primarily put forth in his book "Poverty and Un-British Rule in India."