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  1. Who was the propounder of the Drain Theory in India?
    1. R.C. Dutta
    2. Henry Cotton
    3. S.N. Banerjee
    4. Dadabhai Naoroji
Correct Option: D

The early nationalists, led by Dadabhai Naoroji, R.C. Dutt, Dinshaw Wacha and others, carefully, analysed the political economy of British rule in India, and put forward the "Drain Theory" to explain British exploitation of India.


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