This question focuses on the economic critique of British rule in India. Dadabhai Naoroji was a pioneering economist and politician who meticulously documented and analyzed the economic impact of British policies. While Dinsha Wacha, Pattabhi Sitaramayya, and Firoz Shah Mehta were also important figures in the Indian National Congress and contributed to nationalist discourse, Naoroji is credited with developing the most influential economic theory of colonial exploitation.
Who propounded the Theory of Moral Drain? - Question not attempted
Asked in Department Recruitment 2024 (Research Scholar) 2024 · Topic: Economic Impact of British Rule on India (Drain of Wealth Theory and its Mechanisms)
More Modern History of India questions
- Whose work focused on the drain of wealth from India into England through colonial rule during British imperialism
- Whose 'open letters' of the Indian economy to Lord Curzon forced the British Indian government to publish an official rebuttal and also initiate reformatory economic measures?
- What was the total percentage of Central revenue spent on Military force in British India?
- Consider the following statements regarding the ‘Drain of Wealth Theory’: (i) This theory was put forward by Dadabhai Naoroji. (ii) Lala Lajpat Rai submitted this theory to the Simon Commission as an explanation of India’s poverty. (iii) Mahatma Gandhi launched the Swadeshi Movement to establish the truth of this theory. (iv) The theory highlighted how British economic policies exploited India. Select the correct answer from the codes given below.
- Who is the pioneer of economic nationalism?
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- Which one of the following tribes from India's North-East had the earliest known association with cultivation and production of tea ?
- Consider the following statements about the arrival of tobacco in India : 1. Tobacco plant arrived first in the Deccan. 2. Tobacco spread to northern India in the early years of the seventeenth century. Which of the statements given above is/are correct ?