Here's the question bank on all the History topics.
The drain theory had an important role in the rise of economic nationalism in colonial India. Which statement is FALSE about the theory?
Dadabhai Naoroji, an Indian businessman, scholar, and activist, was also the first Asian member of parliament in the British House of Commons. He was a champion of free mass education in India, and once he arrived in Britain he built productive alliances with the ‚¬Å“ragged schools‚¬ movement leader Mary Carpenter. She, in turn, helped in promoting education for the poor in colonial India. Naoroji was a skilled and critical economist who used vast caches of hard economic data to describe the real poverty of India and its causes. He rejected the then conventional economic theory that as economies worked on the basis of ‚¬Å“natural laws‚¬, the wealth and poverty of nations was beyond human action. In reports and articles, lectures and testimony at House of Commons‚¬„¢ committees, Naoroji challenged dominant economists, India Office civil servants, and colonial administrators, to show that the poverty of India was the direct result of British rule, especially the taxation that went to finance the Indian government and military. The acknowledged high priest of the drain theory was Dadabhai Naoroji. It was in May 1867 that Dadabhai Naoroji put forward the idea that Britain was draining India. From then on for nearly half a century he launched a raging campaign against the drain, hammering at the theme through every possible form of public communication. The drain he declared, was the basic cause of India's poverty and the fundamental evil of British rule in India. Thus, he argued in 1880 it is not pitiless operations of economic laws but it is the thoughtless hand pitiless actions of the British policy it is the pitiless eating of Indias substance in India, and the further pitiless drain to England, in short, it is a pitiless perversion of economic laws by the bleeding to which India is subjected that is destroying India. Other nationalist leaders, journalists and propagandists followed in the footsteps of Dadabhai Naoroji. R. C Dutt, for example, made the drain the major theme of his Economic History of India, he protested that taxation raised by a king says the Indian poet is like the moisture sucked up by the sun to be returned to the earth as fertilizing rain. But the moisture raised from Indian soil now descends as fertilizing rain largely on other lands, not in India. So great an economic drain out of the resources of a land wood impoverish the most prosperous countries on earth it has reduced India to a land of famines more frequent, more widespread, and more fatal, than any known before in the history of India, or of the world. The drain theory incorporated all the threads of the nationalist's critique of colonialism, for the drain denuded India of the productive capital, its agriculture and industries so desperately needed. Indeed the drain theory was the high watermark of the nationalist's leaders comprehensive, interrelated and integrated economic analysis of the colonial situation. Through the drain theory, the exploitative character of British rule could be made visible. By attacking the drain the nationalists were able to call into question, in an uncompromising manner the economic essence of imperialism. From the Above discussion, it is clear that the first option is the incorrect one, the rest are correct as It was in May 1867 that Dadabhai Naoroji put forward the idea that Britain was draining and 'bleeding' India. He also declared that the basic cause of India's poverty and the fundamental evil of British rule in India.
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