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Q: Who first presented the union budget in 1947?
  • A. Indira Gandhi
  • B. Morarji Desai
  • C. A. K. Shanmukham Chetty
  • D. Jhn Mathai
Correct Answer: Option C - In 1947 the first Finance Minister of independent India R.K. Shanmukham Chetty, presented the first union budget. The countrys first Budget was presented by British government Finance Minister James Wilson in 1860.
C. In 1947 the first Finance Minister of independent India R.K. Shanmukham Chetty, presented the first union budget. The countrys first Budget was presented by British government Finance Minister James Wilson in 1860.

Explanations:

In 1947 the first Finance Minister of independent India R.K. Shanmukham Chetty, presented the first union budget. The countrys first Budget was presented by British government Finance Minister James Wilson in 1860.