1.

The following items consist of two statements, Statement I and Statement II Examine these two statements carefully and select the correct answer using the code given below:Statement I: Dadabhai Naoriji argued that what was being drained out was 'potential surplus' that could generate more economic development in Indian if invested in IndiaStatement II: Imperialists believed that India was brought into the large capitalist world market and that was in itself progress towards modernization

A. Both the statements are individually true and Statement II is the correct explanation of Statement I
B. Both the statement are individually true but Statement II is NOT the correct explanation of Statement I
C. Statement I is true but Statement II is false
D. Statement I is false but Statement II is true
Answer» C. Statement I is true but Statement II is false


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