History · Modern India
The 'economic drain theory' as advanced by Dadabhai Naoroji was not merely an economic argument but fundamentally a critique of:
- 1The systemic operational inefficiency of the East India Company
- 2The feudal zamindari mode of agrarian revenue extraction
- 3The moral legitimacy of British colonial rule in India✓
- 4Industrial capitalism as a global socio-economic system
Correct answer
The moral legitimacy of British colonial rule in India
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