Q294
Which of the following statement relates the Dadabhai Naoroji's definition of 'Drain of Wealth'?
A.
Those resources of the country were being utilized in the interest of Britain
B.
That a part of India's national wealth or total annual product was being exported to Britain for which India got no material return
AnswerC.
That the British industrialists were being given an opportunity to invest in India under the protection of the imperial power
D.
That the British goods were being imported into the country making it poorer day by day
Answer: Option B
Solution
Answer: Option B
Solution:
Dadabhai Naoroji's definition of 'Drain of Wealth means that a part of India's national wealth or total annual product was being exported to Britain for which India got no material return.