Economic Impact of British Rule on India

Total Questions: 49

31. Matched List-I with List-II and select the correct answer using the codes given below the lists: [U.P.P.C.S (Pre) 2020]

List-IList-II
A. Jajmani1. North India
B. Bara Balute2. Karnataka
C. Mirasi3. Maharashtra
D. Adade4. Tamil Nadu

codes:

ABCD
(a)1234
(b)1324
(c)1423
(d)1342

 

Correct Answer: (c)
Solution:The correct matched of List I and List II is :
List-IList-II
A. JajmaniNorth India
B. Bhara BaluteMaharashtra
C. MirasiTamil Nadu
D. AdadeKarnataka

32. What is the total percentage of Central revenue spent on Military force in British India? [U.P.R.O./A.R.O. (Pre) 2021]

Correct Answer: (a) 40%
Solution:The total percentage of Central revenue spent on Military force in British India was 40%.

The British administration in India encouraged communal, caste, tribal, and regional loyalties to prevent the emergence of nationalism among the soldiers.

The British kept the soldiers away from nationalist ideas by preventing them from accessing journals, newspapers, or nationalist publications. The British policies led to a significant transfer of capital from India to England, which drained revenue. The British rule also led to deindustrialization in India.

33. Which one of the following statements correctly defines the term 'Drain Theory' as propounded by Dadabhai Naoroji? [I.A.S. (Pre) 1993]

Correct Answer: (b) That a part of Indian national wealth or total annual product was being exported to British for which India got no material returns.
Solution:Dadabhai Naoraji known as Grand Old Man of India, focused on the drain of wealth from India to England through colonial rule. One of the reasons that the 'Drain Theory' is attributed to Naoraji was his decision to estimate the national net profit of India.

Dadabhai Naoraji gave some factors that caused the external drain. These were:

* External rule and administration in India.

* All the civil administration and army expenses of Britain were paid by India.

* A part of India's national wealth was transfer to England for which got no return. India was bearing the burden of territory building both inside and outside India.

34. Which of the following propounded the 'Drain Theory'? [Uttarakhand U.D.A./LDA. (Mains) 2007]

Correct Answer: (a) Dadabhai Naoraji
Solution:Dadabhai Naoraji known as Grand Old Man of India, focused on the drain of wealth from India to England through colonial rule. One of the reasons that the 'Drain Theory' is attributed to Naoraji was his decision to estimate the national net profit of India.

Dadabhai Naoraji gave some factors that caused the external drain. These were:

* External rule and administration in India.

* All the civil administration and army expenses of Britain were paid by India.

* A part of India's national wealth was transfer to England for which got no return. India was bearing the burden of territory building both inside and outside India.

35. who is the exponent of the Theory of "Economics Drain" of India [U.P.P.C.S. (Mains) (Pre) 1995, 2004]

Correct Answer: (d) Dadabhai Naoroji
Solution:Dadabhai Naoraji known as Grand Old Man of India, focused on the drain of wealth from India to England through colonial rule. One of the reasons that the 'Drain Theory' is attributed to Naoraji was his decision to estimate the national net profit of India.

Dadabhai Naoraji gave some factors that caused the external drain. These were:

* External rule and administration in India.

* All the civil administration and army expenses of Britain were paid by India.

* A part of India's national wealth was transfer to England for which got no return. India was bearing the burden of territory building both inside and outside India.

36. Consider the following statements and select the correct answer form the code given below the statements: [U.P.P.C.S. (Pre) 2017]

Assertion (A) : Generally, India had a favourable balance of trade during the British rule.

Reason (R) : The drain of wealth took the form of unrequired exports.

Code:

Correct Answer: (a) Both (A) and (R) are true, and (R) is the correct explanation of (A).
Solution:The constant flow of wealth from India to England for which India did not get an adequate economic, commercial or material return has been described by national leaders and economists as drain of wealth from India.

Before 1813 company had recurring surplus which accrued from (a) profit from oppressive land revenue policy (b) profits form its trade resulting from monopolistic control over Indian markets and exactions (c) made by the company's officials. All this surplus was used by the Company as an "investment." i.e. for making a purchase of exportable items in India and elsewhere.

Against the exports of goods made out of this investment, India did not get anything in return. This system was brought to an end by the charter  act of 1813. From 1813 onwards economics drain took the form of ' unrequited' exports.

Baring a few exceptional years a favourable balance of trade had been the normal feature of our foreign trade till the outbreak of world war II. Therefore, it is clear that (A) and (R) is the correct explanation of (A). Dadabhai Naoroji described the drain of wealth  as the "evil of all evils" and the leading cause of India poverty.

37. Who of the following were economic critic/critics of colonialism in India? [I.A.S. (Pre) 2015]

1. Dadabhai Naoroji

2. G. Subramania lyer

3. R. C. Dutt

Select the correct answer using the code given below:

Correct Answer: (d) 1, 2, and 3
Solution:During 1870 to 1905, many Indian intellectual analyzed the economic aspect of the British rule in India, namely Dadabhai Naoroji, Govind Ranadey, and ICS officer Ramesh Chandra Dutt.

They wrote the economic history of India. Many other intellectuals also analyzed the economy of India like G.V. Joshi, G. Subramania lyer, Gopal Krishna Gokhale, etc. They finally reached the conclusion that colonialism was the main hurdle towards the economic growth of India.

38. Who among the following leaders did not believe in the drain theory of Dadabhai Naoroji? [I.A.D. (Pre) 1996]

Correct Answer: (d) Sir Syed Ahmad Khan
Solution:Sir Syed Ahmad Khan was loyal to British and he felt that the development of Muslims was only possible under the colonial rule. So, he did not believe in the drain of wealth theory of Dada bhai Naoroji.

The Drain of Wealth Theory is an economic theory that describes how a country's wealth can be negatively impacted by the outflow of valuable assets like money and goods. This theory was primarily articulated by Dadabhai Naoroji, a prominent Indian nationalist and economic thinker, in 1867, who argued that the colonial government was siphoning off India's wealth, leading to widespread poverty and underdevelopment in the country.

The Drain of Wealth Theory shaped public opinion against imperial rule and became a cornerstone of the Indian nationalist movement. It provided an economic basis for demands for self-rule and independence.

39. In which year the book 'Poverty and Unbritish Rule in India 'was published ? [U.P.P.C.S. (Pre) 2021]

Correct Answer: (b) 1901 A.D.
Solution:Dadabhai Naoroji is the author of 'Poverty and Unbritish Rule in India.' This book was published in the year 1901 A.D.

The Drain of Wealth Theory is an economic theory that describes how a country's wealth can be negatively impacted by the outflow of valuable assets like money and goods. This theory was primarily articulated by Dadabhai Naoroji, a prominent Indian nationalist and economic thinker, in 1867, who argued that the colonial government was siphoning off India's wealth, leading to widespread poverty and underdevelopment in the country.

The Drain of Wealth Theory shaped public opinion against imperial rule and became a cornerstone of the Indian nationalist movement. It provided an economic basis for demands for self-rule and independence.

40. Who authored the book "Poverty and the Un-British Rule in India"? [U.P.P.C.S. (Mains) 2004]

Correct Answer: (d) Dadabhai Naoroji
Solution:Dadabhai Naoroji with W.C. Bennerji established " London India Society" in 1856 A.D., the main purpose of which was of expose Indian plight. He was the first India who was elected to British House of Commons on the ticket of Liberal Party.

He directly highlighted Indian economic predicaments and propounded "Drain of Wealth Theory" in his book "Poverty and un-British Rule in India".