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In January 2022, V Anantha Nageswaran was appointed as the new Chief Economic Advisor (CEA) of India, thus replacing ________.
Question

In January 2022, V Anantha Nageswaran was appointed as the new Chief Economic Advisor (CEA) of India, thus replacing ________.

A.

Kaushik Basu

B.

Raghuram Rajan

C.

Arvind Subramanian

D.

Krishnmurthy Subramanian

Correct option is D

In January 2022, V Anantha Nageswaran was appointed as the new Chief Economic Advisor (CEA) of India, replacing Krishnamurthy Subramanian. Subramanian had served as the Chief Economic Advisor from 2018 to 2021, and his tenure ended in December 2021. Nageswaran, an economist with expertise in financial markets and macroeconomics, took over the role to advise the government on economic policies and economic challenges facing the country.

Important Key Points:

  1. Krishnamurthy Subramanian served as the Chief Economic Advisor to the Government of India from 2018 to 2021.
  2. V Anantha Nageswaran, appointed in January 2022, is an economist with vast experience in academia and policy advisory.
  3. The Chief Economic Advisor's role includes providing economic policy recommendations and preparing the Economic Survey of India.
  4. Nageswaran has previously held roles at various financial institutions and has contributed to discussions on India’s economic growth.
  5. The appointment of the CEA is crucial in shaping India's economic policies, especially in addressing challenges like inflation, unemployment, and fiscal health.
  6. The Chief Economic Advisor is often involved in formulating budgetary policies and advising the Finance Ministry on economic reforms.

Information Booster:

  • Krishnamurthy Subramanian is an expert in finance and has previously worked as a professor at the Indian School of Business. He is known for his work on economic reforms in India and his role in shaping the government's economic policies during his tenure.
  • V Anantha Nageswaran has a background in economics, including previous roles as a professor and advisor to financial institutions, and his appointment as CEA brings an analytical approach to India's economic strategy.

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