Q: Who was the first Indian to receive the Nobel Prize in Economics?  

Abhijit Banerjee was the first Indian to receive the Nobel Prize in Economics. Born in 1961 in Mumbai, India, Banerjee is known for his groundbreaking work in development economics. In 2019, Banerjee, along with Esther Duflo and Michael Kremer, was awarded the Nobel Prize in Economics for their experimental approach to alleviating global poverty. Their research focused on using randomized controlled trials to evaluate the effectiveness of policies and interventions aimed at reducing poverty and improving living standards. Banerjee's work has had a significant impact on development economics and has influenced policies and programs targeting poverty reduction around the world. His innovative research methods and rigorous analysis have provided valuable insights into the complexities of poverty and the design of effective interventions.