Q. Who was the founder of ‘Drain Theory’ which among others, exposed the constant drain of wealth from India to England:
(a) S.N. Bannerjea
(b) Gopal Krishna Gokhale
(c) Dadabhai Naoroji
(d) M.K. Gandhi
Ans: (c) Dadabhai Naoroji
Explanation: The founder of the ‘Drain Theory’ and the one who exposed the constant drain of wealth from India to England was Dadabhai Naoroji. Dadabhai Naoroji, an Indian political leader and social reformer, popularized the concept of the ‘Drain of Wealth’ in his book “Poverty and Un-British Rule in India,” published in 1901. He argued that the economic exploitation of India by the British colonial rule resulted in the draining of wealth from India to England, leading to the impoverishment of the Indian people.
Therefore, the correct answer is (c) Dadabhai Naoroji.
