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Question

We were the moderates of the Indian National Congress. We were the first people who studied the records of the British rule and found out that the British were moving their wealth from India to England.
Can you guess our names?

A
Dadabhai Naoroji
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B
M. G. Ranade
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C
Gopal Krishna Gokhale
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D
R. C. Dutt
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Solution

The correct options are
A Dadabhai Naoroji
D R. C. Dutt
While all the above members were all moderates of the Indian National Congress, only Dadabhai Naoroji and R. C. Dutt figured out the systematic drainage of Indian resources by the Britishers, by limiting exports and increasing imports. All this was documented and called this Drain Theory. The theory laid by Naoroji observed six factors for the drain of wealth: India being a colony paid for the administration, development without good returns, and that India as a region did not attract foreign labour for economic growth to name a few.

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