Who is the founder of Madras School of Economics?

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JKSSB SI Official Paper (Held On: 13 Dec 2022 Shift 1)
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  1. Dr. C. Rangarajan
  2. Dr. Raja. Chelliah
  3. Dr. P.C. Mahalonibis
  4. None of these 

Answer (Detailed Solution Below)

Option 2 : Dr. Raja. Chelliah
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The Correct answer is Dr. Raja. Chelliah.

Key Points

  • Dr. Raja. Chelliah is the founder of the Madras School of Economics.
  • The Madras School of Economics was established in 1993 with the aim of providing advanced education and research in the field of economics.
  • He is well-known for his contributions to public finance and taxation policies in India.
  • Dr. Raja. Chelliah has been a significant figure in the formulation of economic policies and has held various prestigious positions.
  • He served as the Chairman of the Tax Reforms Committee and has played a key role in shaping India's tax structure.

 Additional Information

  •  Dr. C. Rangarajan
    • Dr. C. Rangarajan is an Indian economist and a former Governor of the Reserve Bank of India (RBI).
    • He has also served as the Chairman of the Economic Advisory Council to the Prime Minister.
  • Dr. P.C. Mahalonibis
    • Dr. P.C. Mahalonibis was an Indian scientist and applied statistician.
    • He is best known for founding the Indian Statistical Institute and is considered the father of modern statistics in India.
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