Q146
Indian EconomyNational Income, Sectors & Growth
Who wrote the book, 'Drain of Wealth'?
- a.J. L. Nehru
- b.Dadabhai Naoroji
- c.Mahatma Gandhi
- d.R. C. Dutta
Answer: (B) Dadabhai Naoroji
The concept of the 'Drain of Wealth' from India was most famously articulated by Dadabhai Naoroji in his book 'Poverty and Un-British Rule in India' (1901) and earlier lectures. He argued that India's poverty was caused by the systematic drainage of its wealth to Britain through colonial exploitation.