History & Civics
With reference to the given picture, answer the following questions :
(a) Identify and name the person.
(b) Mention the economic theory emphasised by him.
(c) Name the book written by him and highlight its theme.
1ˢᵗ Phase of INM
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Answer
(a) The person shown in the given picture is Dadabhai Naroji.
(b) Dadabhai Naroji gave the famous 'Drain of Wealth' theory and his views on Indian economy.
(c) The book written by him is 'Poverty and un-British Rule in India.' The theme of this book is 'Drain of Wealth' theory. This book exposed how the British Rule and its costly administration was a heavy drain on the poor resources of India. It revealed the basic cause of India's poverty.
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