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Consider the following statements:
1. Dadabhai Naoroji first put forward ‘the theory of drain ofwealth’.
2. The Indian National Congress adopted a resolution to criticize the drain of wealth in its annual session at Calcutta in 1896.
Q. Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Consider the following statements:1. Dadabhai Naoroji first put forwar...
DadabhaiNaoroji was the first man to say that internal factors were not the reasons of poverty in India, but poverty was caused by the colonial rule that was draining the wealth and prosperity of India. In 1867, Dadabhai Naoroji put forward the ‘Drain of wealth’ theory in which he stated that the British was completely draining India. He mentioned this theory in his book poverty and Un-British Rule in India.
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Most Upvoted Answer
Consider the following statements:1. Dadabhai Naoroji first put forwar...
The Drain Theory in his book "Poverty and Un-British Rule in India" in 1901.

2. The Drain Theory argued that the British colonial government was draining India of its resources and wealth.

3. The Drain Theory was an important contribution to the Indian Nationalist Movement and helped to inspire anti-colonial activism.

All of these statements are true.
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Consider the following statements:1. Dadabhai Naoroji first put forward ‘the theory of drain ofwealth’.2. The Indian National Congress adopted a resolution to criticize the drain of wealth in its annual session at Calcutta in 1896.Q. Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
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Consider the following statements:1. Dadabhai Naoroji first put forward ‘the theory of drain ofwealth’.2. The Indian National Congress adopted a resolution to criticize the drain of wealth in its annual session at Calcutta in 1896.Q. Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about Consider the following statements:1. Dadabhai Naoroji first put forward ‘the theory of drain ofwealth’.2. The Indian National Congress adopted a resolution to criticize the drain of wealth in its annual session at Calcutta in 1896.Q. Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements:1. Dadabhai Naoroji first put forward ‘the theory of drain ofwealth’.2. The Indian National Congress adopted a resolution to criticize the drain of wealth in its annual session at Calcutta in 1896.Q. Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?.
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