Multiple choice

Who propounded the theory of ‘Economic Drain of India’, during British imperialism?

  1. W. C. Bannerji

  2. Dadabhai Naoroji

  3. Gopalkrishna Gokhale

  4. Gandhiji
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Dadabhai Naoroji propounded the 'Drain Theory' in his seminal work 'Poverty and Un-British Rule in India' (1901). He systematically demonstrated how British colonial policies were systematically draining India's wealth to Britain through unfair trade practices, heavy taxation, and financial manipulation. His calculations showed India was losing 3-4% of its national income annually to Britain. While Gokhale and Bannerji were economic critics, Naoroji is specifically credited with formulating the Drain Theory.

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