GENERAL KNOWLEDGE

GK

INDIAN HISTORY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
After 1833 the single biggest source of drain of Indian wealth to Britain was
A
Export of opium
B
Export of indigo
C
British capital investment inIndia
D
Export of cotton
Explanation: 

Detailed explanation-1: -After 1833 the single biggest source of drain of Indian wealth to Britain was. Note : After 1833, the single biggest source of drain of Indian wealth to Britain was. British capital investment in India. Import of mill-made textiles and woollens.

Detailed explanation-2: -The drain of wealth theory was propounded by Dadabhai Naoroji in 19th century. During the colonial period the British exploited the Indian resources and their prime motive to conquer India was that they could make it a source for cheap raw materials for their own industries.

Detailed explanation-3: -Solution(By Examveda Team) The single biggest item of British capital investment in India was Railways.

There is 1 question to complete.