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Dadabhai Naroji advocated the theory of 'Drain of Wealth' in the ______ century. -

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Question

Dadabhai Naroji advocated the theory of 'Drain of Wealth' in the ______ century.

Options

  • 19th

  • 20th

  • 18th

  • None of the above

MCQ
Fill in the Blanks

Solution

Dadabhai Naroji advocated the theory of 'Drain of Wealth' in the 19th century.

Explanation:

In the 19th century, Dadabhai Naroji promoted the 'Drain of Wealth' thesis. The exploitation of Indian resources characterized the colonial period.

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Low Level of Economic Development Under the Colonial Rule
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