search
arrow-left Previous
Next arrow-right
Q: Who was the first Finance Minister of India after independence?
  • A. C Rajagopalachari
  • B. R.K. Shanmukham Chetty
  • C. Sardar Baldev Singh
  • D. Dr. B.R. Ambedkar
Correct Answer: Option B - Independent India's first Union Budget was presented by the first Finance Minister R.K. Shanmukham Chetty on 26 November, 1947. R.K. Shanmukham Chetty was a lawyer, industrialist economist, and a politician, before taking the charge as India's Finance Minister. He served as President of India's Central Legislative Assembly from 1933 to 1935. He was Diwan of the Cochin Kingdom from 1935 to 1941.
B. Independent India's first Union Budget was presented by the first Finance Minister R.K. Shanmukham Chetty on 26 November, 1947. R.K. Shanmukham Chetty was a lawyer, industrialist economist, and a politician, before taking the charge as India's Finance Minister. He served as President of India's Central Legislative Assembly from 1933 to 1935. He was Diwan of the Cochin Kingdom from 1935 to 1941.

Explanations:

Independent India's first Union Budget was presented by the first Finance Minister R.K. Shanmukham Chetty on 26 November, 1947. R.K. Shanmukham Chetty was a lawyer, industrialist economist, and a politician, before taking the charge as India's Finance Minister. He served as President of India's Central Legislative Assembly from 1933 to 1935. He was Diwan of the Cochin Kingdom from 1935 to 1941.