Explanation:

• The foremost among economic analysts was Dadabhai Naoroji, the ‘Grand Old Man of India’, who after a brilliant analysis of the colonial economy put forward the theory of economic drain in Poverty and UnBritish Rule in India. Other economic analysts included
• 1. Justice Mahadev Govind Ranade,
• 2. Romesh Chandra Dutt (The Economic History of India),
• 3. Gopal Krishna Gokhale,
• 4. G. Subramania Iyer, and
• 5. Prithwishchandra Ray.