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Dadabhai Naroji has described his theory of 'Drain of Wealth' in the book

Dadabhai Naroji has described his theory of 'Drain of Wealth' in the book Correct Answer Poverty and Un-British Rule in India

In 1867, Dadabhai Naoroji put forward the 'drain of wealth' theory in which he stated that Britain was completely draining India. He mentioned this theory in his book Poverty and Un-British Rule in India.

Related Questions

Consider the following statements: According to Dadabhai Naoroji, the drain of wealth from India started after 1857 and progressively increased until 1947. He was the first person to calculate the National Income of India while accessing the Drain of Wealth Theory. Which of the given above statement(s) is/are correct?
Anya, Banya, Dinya and Vinya brought a story book for their classmate. The book is with someone among them. They all know who has the book and each one makes a statement about this. Select the person with the book if only one of them is making a false statement. statements : Anya: I don’t have the book and Dinya also doesn’t have the book. Banya : I don’t have the book and Anya also doesn’t have the book. Dinya : I don’t have the book and Banya also doesn’t have the book. Vinya : I don’t have the book and Anya also doesn’t have the book.
Consider the following information: 1. Six books are kept one above the other. 2. History book is just above Commerce book and Mathematics book is just above Civics book and just below physics book 3. English book is between History and Civics books 4. No book is above the Physics book. Which book is between Mathematics book and English book?
The drain of wealth theory stated that Britain was completely draining the wealth of India. The theory was mentioned in the book titled ‘‘Poverty and Un-British Rule in India’’. The book was written by which of the following writers?
Ten books are arranged in a row following a certain sequence. Among them 3 are History , 3 are Economics, 2 are Maths and 2 are English. From the left, there is an English book between a History and Maths book, a history book between a Maths and an English book, an Economics book between an English and a Maths Book. a Maths book between two Economics books and two Economics two Economics book between a Maths and a History book. Book of which subject is at the sixth position from the left?
Ten bools are arranged in a row following a certain sequence.Among them 3 History,3 are Economics, 2 are Math's and are English.From the left,There is English book between a History and Math's book, a History book between a Math's and an English book, an Economics book between an English and a Math's Book Math's book between two Economics books and two Economics book between Math's and a History book.Book of which subject is at the sixth position from the left?
In which book did Dadabhai Naoroji present his 'drain of wealth' theory?
Read the following passage and answer the item that follows. Your answers to this item should be based on the passage only. In the last two decades, the world's gross domestic product (GDP) has increased by 50 percent, whereas inclusive wealth has increased by a mere 3 percent. In recent decades, GDP-driven economic performance has only harmed inclusive wealth like human capital; and natural capital like forests, land and water. While the world's human capital which stands at 57 percent of total inclusive wealth grew by only 8 percent, the natural capital which is 23 percent of total inclusive wealth declined by 30 percent worldwide in the last two decades. Which of the following is the most crucial inference from the above passage?
Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer : Statement : Quality of life of a person is not dependent only on his wealth. Assumptions : I. The aim of most people is just to acquire more wealth. II. There are some factors other than wealth which contribute to the quality of life. III. Wealth does not contribute to the quality of life at all.
Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer :

Statement : Quality of life of a person is not dependent only on his wealth.

Assumptions :
I. The aim of most people is just to acquire more wealth.
II. There are some factors other than wealth which contribute to the quality of life.
III. Wealth does not contribute to the quality of life at all.