Multiple choice

Which one of the following authors put forth the theory of the Drain of India's resources to England?

  1. Raja Rammohan Roy

  2. Bankim Chandra Chatterjee

  3. G.G. Agarkar

  4. Dadabhai Naoroji
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D Correct answer
Explanation

Dadabhai Naoroji, known as the Grand Old Man of India, formulated the Drain Theory in his book 'Poverty and Un-British Rule in India' (1901). The theory explained how Britain was systematically draining India's wealth through unfair trade practices, excessive taxation, and the export of raw materials without adequate compensation. This concept was central to the economic critique of British colonial rule.

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