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Who was the first nationalist to give the theory of drain of wealth from India to England?
Question

Who was the first nationalist to give the theory of drain of wealth from India to England?

A.

Mahatma Gandhi

B.

RC Dutt

C.

SN Banerjee

D.

Dadabhai Naoroji

Correct option is D

The correct answer is (d) Dadabhai Naoroji.
 Dadabhai Naoroji, often referred to as the "Grand Old Man of India," was the first nationalist to articulate the theory of the drain of wealth from India to England.
 He presented this theory in his book "Poverty and Un-British Rule in India," published in 1901.
 Naoroji's theory highlighted how British colonial policies were leading to the systematic transfer of wealth from India to Britain, causing widespread poverty and economic decline in India.
 He used detailed economic data to support his arguments and raised awareness about the exploitative nature of British rule.
 Dadabhai Naoroji was also the first Indian to be elected to the British Parliament, representing the Finsbury Central constituency from 1892 to 1895.
 He co-founded the Indian National Congress (INC) in 1885 and was a three-time president of the organization, playing a key role in the early Indian nationalist movement.

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