Question

    Who was the Finance Minister who presented independent India's first budget?

    A R.K. Shanmukham Chetty Correct Answer Incorrect Answer
    B T.T. Krishnamachari Correct Answer Incorrect Answer
    C Liaquat Ali Khan Correct Answer Incorrect Answer
    D C. D. Deshmukh Correct Answer Incorrect Answer

    Solution

    R.K. Shanmukham Chetty was the Finance Minister who presented the first budget of independent India for the fiscal year 1947-48. The total expenditure was set at Rs 197.39 crore, with a significant portion allocated to Defence Services.

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