With reference to the book “Economic History of India” written by Romesh Chunder Dutt, consider the following statements:

1. Economic Drain is the major theme of the book which is based on the drain theory propounded by Dadabhai Naoroji.

2. It presented that India’s export of cotton manufacturers fell rapidly after the end of the Napoleonic wars.

Which of the statements given above is/are correct? 

1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2

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