medium SSC Exams

Who presented the first Union Budget of Independent India?

a) R. K. Shanmukham Chetty
b) John Mathai
c) Morarji Desai
d) C. D. Deshmukh

The correct answer is a) R. K. Shanmukham Chetty.

Explanation

The first Union Budget of Independent India was presented by R. K. Shanmukham Chetty on November 26, 1947. He was the first Finance Minister of India. The budget was for a tenure of seven and a half months, covering the period from August 15, 1947, to March 31, 1948.

Ramaswamy Krishnamurthy Shanmukham Chetty was the first Finance minister of Independent India serving from 1947, to 1949. He played a crucial role in shaping the economic policies of the newly independent nation.

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