Statement I : Dadabhai Naoroji argued that what was being drained out was 'potential surplus' that could generate morc c…
Q1
Statement I : Dadabhai Naoroji argued that what was being drained out was 'potential surplus' that could generate morc cconomic development in India if invested in India Statement II : Imperialists believed that India was brought into the large capitalist world market and that was in itself a progress towards modernization
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