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Question

Who said that the constant 'drain of wealth' from India was responsible for India's economic miseries?

A
BC Pal
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B
BP Wadia
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C
Dadabhai Naoroji
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D
GS Arundale
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Solution

The correct option is C Dadabhai Naoroji
Dadabhai Naoroji’s mentioned the concept of drain of wealth from India during British rule in his book Poverty and Un-British Rule in India. He made an estimate of drain which was around Rs 8 million. He observed that the drain consists of the remittances by European Officials, their expenditure in England, pensions and salaries paid in England, etc.

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