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Q.

Dadabhai Naoroji  put forward the [[1]]theory.


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answer is DRAIN OF WEALTH.

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Detailed Solution

Dadabhai Naoroji  put forward the Drain of wealth theory.
Dadabhai Naoroji introduces the drain of wealth theory. Dadabhai Naoroji was the author of the book "Poverty and Un-British rule in India". He blamed British policies for Indian economic ills. The drain of wealth theory refers to a portion of the national product of India which was not available for consumption to its people. Purchasing goods from the revenue of Bengal and exporting them to England was the drain of wealth.
 
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