Multiple choice

The famous “Economic Drain Theory” was given by

  1. Lord Lytton (1876)

  2. Swami Dayanand (1875)

  3. Dadabhai Naoroji (1876)

  4. Lord Northbrook (1876)

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Dadabhai Naoroji formulated the Drain Theory in his 1876 work "Poverty and Un-British Rule in India." He demonstrated how Britain was systematically draining India's wealth through unfair trade policies, excessive taxation, and financial arrangements that transferred resources to the colonial power.