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From the following statements regarding the economic critique of colonialism, which ones are correct? Choose the…

History · Rise of Indian Nationalism UGC NET December 2020 History
From the following statements regarding the economic critique of colonialism, which ones are correct? Choose the most appropriate answer from the options given below.
  • 1. The British administrators attributed the rapid construction of railroads and the growth of India's foreign trade as a proof of India's prosperity.
  • 2. For the nationalists, a negative impact on indigenous industries represented the underdevelopment of the economy.
  • 3. The nationalists emphasized that while expenditure served British imperial needs, it also brought consequent prosperity to India.
  • 4. Not until 1905 did the drain theory form part of the Indian National Congress agenda.
A1 and 2 only ✓ Correct
B2, 3 and 4 only
C2 and 4 only
D1 and 4 only
Correct answer: (A) 1 and 2 only — The first and second statements are correct, so the answer is 1 and 2 only.
Explanation
The first and second statements are correct, so the answer is 1 and 2 only.
The British administrators pointed to railroads and growing foreign trade as proof of India's prosperity.
The nationalists, by contrast, saw the negative impact on indigenous industries as a sign of underdevelopment.
So the first and second statements are correct.
The third statement is wrong, as the nationalists denied that British expenditure brought prosperity to India.
The drain theory was part of the Congress agenda well before 1905, so the fourth statement is also wrong.

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