History & Civics
Dadabhai Naoroji presented which famous theory in his paper- 'Poverty and Un-British Rule in India'?
- Deficit Theory
- Drain Theory
- Deprivation Theory
- Detriment Theory
1ˢᵗ Phase of INM
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Answer
Drain Theory
Reason — Dadabhai Naoroji explained in his book Poverty and Un-British Rule in India that India’s wealth was being continuously drained to England through various channels. This explanation came to be known as the Drain Theory.
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