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Question

Which Indian economist wrote the 2017 book ‘I Do What I Do’?

This question was previously asked in
RRB ALP 2018 CBT 2 Fitter Question Paper (21-Jan-2019) (Shift 3)
The correct answer is

Raghuram Rajan

The question asks us to identify the Indian economist who authored the book titled ‘I Do What I Do’. This book is a well-known work in the field of economics and public policy, particularly in the context of India.

Understanding the Book ‘I Do What I Do’

‘I Do What I Do’ is a collection of speeches and writings by a prominent Indian economist. The book covers various topics related to the Indian economy, central banking, and global finance. It offers insights into the policy decisions and challenges faced during a critical period for the Indian economy.

Identifying the Author

Let's consider the options provided:

  • Amartya Sen: A Nobel laureate known for his work on welfare economics, social choice theory, and development economics. While a highly respected Indian economist, his notable works include ‘Poverty and Famines’ and ‘Development as Freedom’. He is not the author of ‘I Do What I Do’.
  • Urjit Patel: An Indian economist who succeeded Raghuram Rajan as the Governor of the Reserve Bank of India (RBI). He has authored reports and papers on economic policy, but ‘I Do What I Do’ is not his book.
  • Manmohan Singh: An Indian economist and politician who served as the Prime Minister of India. He is known for his role in India's economic reforms in the 1990s. While he has written on economic subjects, ‘I Do What I Do’ is not his book.
  • Raghuram Rajan: An Indian economist and former Governor of the Reserve Bank of India. He served as the RBI Governor from 2013 to 2016. The book ‘I Do What I Do’ is a compilation of his speeches and writings from his time at the RBI and earlier. Therefore, he is the author of this book.

Based on the knowledge of prominent works by these economists, Raghuram Rajan is the author of ‘I Do What I Do’. The book provides a glimpse into his perspective and policy stance during his tenure as the central bank chief.

Conclusion on ‘I Do What I Do’ Author

The book ‘I Do What I Do: On Reform, Inflation and Resilience’, published in 2017, was written by Raghuram Rajan. It compiles his public addresses and essays, reflecting on the state of the Indian economy and the path forward.

Revision Table: Key Indian Economists and Works (Examples)

Economist Key Role (Example) Notable Work (Example)
Amartya Sen Nobel Laureate ‘Development as Freedom’
Urjit Patel Former RBI Governor Reports/Papers on monetary policy
Manmohan Singh Former Prime Minister Key architect of 1991 reforms
Raghuram Rajan Former RBI Governor ‘I Do What I Do’, ‘Fault Lines’

Additional Information on Raghuram Rajan and ‘I Do What I Do’

Raghuram Rajan is an internationally acclaimed economist. Before becoming the RBI Governor, he served as the Chief Economic Adviser to the Government of India and Chief Economist at the International Monetary Fund (IMF). His book ‘I Do What I Do’ resonated with many due to its clear communication on complex economic issues and his perspective on important policy matters during his governorship. The title itself is derived from a statement he made regarding his policy approach.

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