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Question
The high priest of Drain of wealth theory in India was __________.
The high priest of Drain of wealth theory in India was __________.
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Solution
The correct option is D Dadabhai Naoroji
Dadabhai
Naoroji was the first man to say that internal factors were not the reasons of
poverty in India but poverty was caused by the colonial rule that was draining
the wealth and prosperity of India. The drain of wealth was the portion of
India’s wealth and economy that was not available to Indians.
Dadabhai Naoroji was the first man to say that internal factors were not the reasons of poverty in India but poverty was caused by the colonial rule that was draining the wealth and prosperity of India. The drain of wealth was the portion of India’s wealth and economy that was not available to Indians.
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