History · Colonial Economy
UGC NET December 2014 History
Which one of the following was not a constituent of the economic drain of wealth from India to Britain?
AHome charges
BDividend to the shareholders of the East India Company
CCivil and military charges
DDivide and Rule ✓ Correct
Correct answer: (D) Divide and Rule — Divide and Rule was not a constituent of the economic drain, so the answer is Divide and Rule.
Explanation
★Divide and Rule was not a constituent of the economic drain, so the answer is Divide and Rule.
★The drain of wealth meant the flow of India's wealth to Britain without return.
★Its constituents were economic payments and charges, not political tactics.
★Divide and Rule was a political policy, not an economic charge.
★The drain included the Home Charges paid to Britain.
★It also included dividends to Company shareholders and civil and military charges.
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