Statement I is correct as Dadabhai Naoroji founded the East India Association in London in 1866 with the stated objectives. Statement II accurately reflects Dadabhai Naoroji's seminal contribution to Indian economic thought, particularly his articulation of the 'Drain of Wealth' theory.
Consider the following statements: Statement I : In 1866 Dadabhai Navroji organized the East India Association in London to discuss Indian questions to influence British Public opinion. Branches of the Association were organized in major Indian cities. Statement II : He showed that the poverty and economic backwardness of India were not inherent in local conditions but were caused by colonial rule which was draining India of its wealth and capital. In the light of the above statement, choose the most appropriate answer from the options given below :
Asked in HAS Prelims 2022 · Topic: Political Organisation Established before Congress (East India Association, London (1866))
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Answer: A. Both Statements I and II are True.
Read the notes: Political Organisation Established before Congress →
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