Three Indian-Origin Experts Appointed to US Federal Reserve's New Monetary Policy Task Forces
Among the prominent leaders selected to head these task forces are three distinguished experts of Indian origin: Dr. Raghuram Rajan, Prof. Raj Chetty, and Asha Sharma.
These task forces are expected to play a critical role in addressing modern macroeconomic challenges, restructuring central banking toolkits, and proposing institutional reforms.
This development highlights the growing influence of Indian-origin global economists and corporate leaders in shaping international monetary policies and global financial stability.
Key Facts / Static GK
US Federal Reserve Headquarters: Washington, D.C.
Q Practice Quiz — 13 July 2026
1. Which of the following Indian-origin individuals has NOT been appointed to the newly formed US Federal Reserve monetary policy task forces?
Explanation: The three Indian-origin leaders selected to head the task forces are Dr. Raghuram Rajan, Prof. Raj Chetty, and Asha Sharma. Dr. Gita Gopinath is not part of this newly formed task force.
2. Which of the following locations is NOT proposed under Phase-II of India's Strategic Petroleum Reserve (SPR) Programme?
Explanation: Visakhapatnam is an already operational SPR facility under Phase-I, not a proposed location under Phase-II. Phase-II locations include Chandikhol, Bina, Bikaner, Mangaluru, and Padur.
3. What is the target bilateral trade value set by India and New Zealand to be achieved by 2030?
Explanation: Both nations have set a target to increase bilateral trade in goods and services to Rs 35,000 crore (approximately USD 4 billion) by the year 2030.
4. VOC Port Authority recently signed a three-year maritime MoU with which European port?
Explanation: V.O. Chidambaranar (VOC) Port Authority signed a Memorandum of Understanding (MoU) with the Port of Antwerp-Bruges International, Belgium.
5. The Carl Gustaf M4 rocket launchers, being acquired by the Indian Army, are developed by which defence company?
Explanation: The Carl Gustaf weapon system is designed and developed by Swedish defence leader Saab.
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