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. Which one of the following statements correctly defines
the term ‘drain theory’ as propounded by Dadabhai Naoroji?
(a) That the resources of the country were being utilized in
the interest of Britain
(b) That a part of India’s national wealth or total annual
product was being exported to Britain for which India got no
material returns
(c) That the British industrialists were being given an
opportunity to invest in India under the protection of the
imperial power
(d) That the British goods were being imported to the
country making it poorer day by day
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Answer Posted / guest
(b) That a part of India’s national wealth or total annual
product was being exported to Britain for which India got no
material returns
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