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Detailed explanation-1: -Book review - Review: Policymaker’s Journal: From New Delhi to Washington D.C. by Kaushik Basu - Telegraph India.

Detailed explanation-2: -Economist Kaushik Basu chronicles the years he spent working in the frenetic world of economic policymaking, first as chief economic advisor to the Indian government and later as the chief economist at the World Bank.

Detailed explanation-3: -Basu currently teaches at Cornell University, where he has a joint appointment as an economics professor in the Department of Economics and the SC Johnson College of Business.

Detailed explanation-4: -Basu was a professor at the Delhi School of Economics, where in 1992 he founded the Centre for Development Economics and served as its first Executive Director. He is also a founding member of the Madras School of Economics. He was the fourth President of the Human Development and Capabilities Association.

Detailed explanation-5: -The correct answer is Kaushik Basu. World Bank Group President Jim Yong Kim announced the appointment of Kaushik Basu as the institution’s new Chief Economist and Senior Vice President on 5th September 2012. He becomes the first Indian appointed as the chief economist of the World Bank.