Question

Discuss various aspects of the drain of wealth.​

Answer 1

Answer:

Dadabhai naoroji in his book observed, "the drain consists of two elements the first, arising from the remittance by European officials of their savings.

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Answer 2

Answer:

Firstly,money was sent from India to England to pay salary to the officers of East India Company stationed in England. Secondly,as per the provision of the charter1733,the share holders of the East India Company were to receive from India an annual sum of 6,00,000 pound was taken by them.

Explanation:

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