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  9. Q23

OPSC OCS 2019 · Question 23 of 99

" Mercantilist, Free Trade Mercantile Capitalism and Finance Imperialism are three successive phases of British Colonialism." This theory was first formulated by whom?

History

  1. AKarl Marx
  2. BDadabhai Naroji
  3. CR C DuttaCorrect
  4. DB R Ambedkar

Answer: C. R C Dutta

Explanation

Among the best books on the subject of colonial economics is, by scholarly consensus, R P Dutta's India Today. The Book uses Marxist theory in a thorough analysis of the economic exploitation that was the basis of colonialism.

Source: OPSC OCS Prelims 2019 GS Paper-I; answers per hemunda.com unofficial key

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