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The theory of economic drain of India during British imperialism was propounded by
- a)Jawaharlal Nehru
- b)M. K. Gandhi
- c)R. C. Dutt
- d)Dadabhai Naoroji
Correct answer is option 'D'. Can you explain this answer?
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The theory of economic drain of India during British imperialism was ...
The Economic Drain Theory
The theory of economic drain of India during British imperialism was notably propounded by Dadabhai Naoroji. This concept highlights the financial exploitation of India by the British colonial regime.
Key Aspects of the Economic Drain Theory:
- Definition of Economic Drain:
Naoroji argued that a significant portion of India’s wealth was systematically transferred to Britain, leading to economic impoverishment in India.
- Mechanisms of Drain:
He identified various mechanisms through which wealth was drained, such as:
- High taxes on Indian agriculture and trade.
- Profits from British enterprises being repatriated to Britain.
- Expenditure by the British government in India benefiting Britain rather than India.
- Naoroji's Contributions:
In his seminal work, "Poverty and Un-British Rule in India," published in 1901, Naoroji provided statistical evidence to support his claims. He aimed to raise awareness about the detrimental economic policies imposed by the British.
- Impact on Indian Nationalism:
The theory played a crucial role in shaping Indian nationalist sentiments. It galvanized leaders and the public to challenge British rule and seek economic independence.
- Legacy:
Dadabhai Naoroji is often referred to as the "Grand Old Man of India" for his efforts to articulate the economic grievances of Indians. His ideas laid the groundwork for future economic critiques of colonial rule.
In summary, Dadabhai Naoroji's economic drain theory was a critical analysis of the exploitation of India under British rule, highlighting the adverse effects on the Indian economy and contributing significantly to the nationalist movement.
The theory of economic drain of India during British imperialism was notably propounded by Dadabhai Naoroji. This concept highlights the financial exploitation of India by the British colonial regime.
Key Aspects of the Economic Drain Theory:
- Definition of Economic Drain:
Naoroji argued that a significant portion of India’s wealth was systematically transferred to Britain, leading to economic impoverishment in India.
- Mechanisms of Drain:
He identified various mechanisms through which wealth was drained, such as:
- High taxes on Indian agriculture and trade.
- Profits from British enterprises being repatriated to Britain.
- Expenditure by the British government in India benefiting Britain rather than India.
- Naoroji's Contributions:
In his seminal work, "Poverty and Un-British Rule in India," published in 1901, Naoroji provided statistical evidence to support his claims. He aimed to raise awareness about the detrimental economic policies imposed by the British.
- Impact on Indian Nationalism:
The theory played a crucial role in shaping Indian nationalist sentiments. It galvanized leaders and the public to challenge British rule and seek economic independence.
- Legacy:
Dadabhai Naoroji is often referred to as the "Grand Old Man of India" for his efforts to articulate the economic grievances of Indians. His ideas laid the groundwork for future economic critiques of colonial rule.
In summary, Dadabhai Naoroji's economic drain theory was a critical analysis of the exploitation of India under British rule, highlighting the adverse effects on the Indian economy and contributing significantly to the nationalist movement.
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The theory of economic drain of India during British imperialism was propounded bya)Jawaharlal Nehrub)M. K. Gandhic)R. C. Duttd)Dadabhai NaorojiCorrect answer is option 'D'. Can you explain this answer?
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The theory of economic drain of India during British imperialism was propounded bya)Jawaharlal Nehrub)M. K. Gandhic)R. C. Duttd)Dadabhai NaorojiCorrect answer is option 'D'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about The theory of economic drain of India during British imperialism was propounded bya)Jawaharlal Nehrub)M. K. Gandhic)R. C. Duttd)Dadabhai NaorojiCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The theory of economic drain of India during British imperialism was propounded bya)Jawaharlal Nehrub)M. K. Gandhic)R. C. Duttd)Dadabhai NaorojiCorrect answer is option 'D'. Can you explain this answer?.
The theory of economic drain of India during British imperialism was propounded bya)Jawaharlal Nehrub)M. K. Gandhic)R. C. Duttd)Dadabhai NaorojiCorrect answer is option 'D'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about The theory of economic drain of India during British imperialism was propounded bya)Jawaharlal Nehrub)M. K. Gandhic)R. C. Duttd)Dadabhai NaorojiCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The theory of economic drain of India during British imperialism was propounded bya)Jawaharlal Nehrub)M. K. Gandhic)R. C. Duttd)Dadabhai NaorojiCorrect answer is option 'D'. Can you explain this answer?.
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