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Question
Who proposed the 'Drain Wealth' theory?
Who proposed the 'Drain Wealth' theory?
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Solution
The correct option is C Dadabhai Naoroji
In
1867, Dadabhai Naoroji put forward the 'drain
of wealth' theory in which he stated that the
Britain was completely draining
India. He mentioned this theory
in his book Poverty and Un-British Rule in India. He put forward the idea that
Britain was draining and
bleeding India and that, too, for nothing.
In 1867, Dadabhai Naoroji put forward the 'drain of wealth' theory in which he stated that the Britain was completely draining India. He mentioned this theory in his book Poverty and Un-British Rule in India. He put forward the idea that Britain was draining and bleeding India and that, too, for nothing.
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