Question

    Who presented the budget for the year 1947-48 in

    India?
    A Shri R.K. Shanmukham Chetty Correct Answer Incorrect Answer
    B James Wilson Correct Answer Incorrect Answer
    C Liaquat Ali Khan Correct Answer Incorrect Answer
    D None of the above Correct Answer Incorrect Answer

    Solution

    • Shri R.K. Shanmukham Chetty presented India's first budget for the year 1947-48 after independence on 26 November 1947. • This budget was a review of the economic situation during the transitional period after India’s independence and partition. • The budget was presented in the Parliament to discuss the allocation of funds for the newly independent nation's development.

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