Moderates

Statement 1 is correct: Dadabhai Naoroji’s most significant contribution was exposing the economic exploitation of India by the British through his “Drain of Wealth Theory”, explaining how Britain was draining India’s resources via trade imbalance, salaries, and pensions paid abroad. Statement 2 is incorrect: It was Swami Vivekananda and other reformers who primarily interpreted ancient Indian texts to revive national self-confidence, not Dadabhai Naoroji. Statement 3 is incorrect: Social reform was not Naoroji’s main focus; he emphasized political and economic reforms and the demand for Indian representation in governance.