Question

UPSC Prelims 2015 Question:

Who of the following was/were economic critic/critics of colonialism in India ?

  1. Dadabhai Naoroji 
  2. G. Subramania Iyer 
  3. R.C. Dutt

Select the correct answer using the codes given below.

  1. 1. 1 only
  2. 2. 1 and 2 only
  3. 3. 2 and 3 only
  4. 4. 1, 2 and 3

Answer (Detailed Solution Below)

Option 4: 1, 2 and 3

Detailed Solution

Explanation:

  • The economic history of India in the decades following the Battle of Plassey was characterized by the outflow of a vast amount of wealth from the country with no equivalent returns. This economic drain was an integral feature of the East India Company's administrative and economic policies.

  • Three names stand out among the large number of Indian nationalists who initiated and carried out the economic analysis of British rule during the period of 1870 to 1905. They were Dadabhai Naoroji, Justice Mahadev Govind Ranade and R.C.Dutt. These three along with G.V. Joshi, G. Subramaniam Iyer, G. K. Gokhale analyzed every aspect of the economy and subjected the entire range of economic issues and colonial economic policies to minute scrutiny.

Therefore, option (4) is the correct answer.

Subject: History | Economic Impact of British Rule

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