Question

The 'Drain of Wealth' theory, which criticized the economic impact of British rule in India, was primarily associated with:

  1. Dadabhai Naoroji
  2. Mahatma Gandhi
  3. Jawaharlal Nehru
  4. Sardar Vallabhbhai Patel

Answer:

Option A: Dadabhai Naoroji

Detailed Solution:

The correct answer is “Dadabhai Naoroji”.

Dadabhai Naoroji is credited with popularizing the 'Drain of Wealth' theory through his book 'Poverty and Un-British Rule in India'.