मराठी

What Do You Understand by the Drain of Indian Wealth During the Colonial Period?

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प्रश्न

What do you understand by the drain of Indian wealth during the colonial period?

थोडक्यात उत्तर
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उत्तर

Dadabhai Naroji advocated the theory of ‘Drain of Wealth’ in the 19th century. The colonial period was marked by the exploitation of Indian resources. The sole motive of Britain to conquer India was to own a perennial source of cheap raw materials to feed its own industrial base in Britain. Further, British government used India’s manpower to spread its colonial base outside India. Also, the administrative expenses that were incurred by the British government to manage the colonial rule in India were borne by Indian Exchequer. Thus, the British rule drained out Indian wealth for the fulfillment of its own interests.

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पाठ 1: Indian Economy on the Eve of Independence - Exercise [पृष्ठ १४]

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एनसीईआरटी Economics Indian Economic Development [English] Class 12
पाठ 1 Indian Economy on the Eve of Independence
Exercise | Q 9. | पृष्ठ १४

संबंधित प्रश्‍न

What was the focus of the economic policies pursued by the colonial government in India? What were the impacts of these policies?


Name some notable economists who estimated India’s per capita income during the colonial period.


Critically appraise some of the shortfalls of the industrial policy pursued by the British colonial administration.


Were there any positive contributions made by the British in India? Discuss.


Who made significant estimates about calculating national income in India during the British period?


In which of the following sectors is manufacturing activity included?


Which industry suffered a major setback during the British rule?


What were the impacts of the economic policies pursued by the colonial government in india?


Which of the following points indicates the drain of Indian wealth during the colonial period?


Which of the following best describes the state of the Indian economy prior to British rule?


In pre-British India, what was the primary source of livelihood for the majority of the population?


What was the reach of the market for Indian goods in the pre-British era?


What was the finest variety of Daccai Muslin called?


Which two distinguished varieties of "Malmal" were recognised?


"Malmal Shahi" was worn by which group of people?


Who is credited with an early estimate of India's national income?


Whose estimation of India's national income is characterised as "more systematic"?


Which economist carried out further estimation work on India's national income?


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