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When was the first budget of Independent India presented and by whom?
2. When was the first budget of Independent India presented and by whom?
- Manmohan Singh
- Jawaharlal Nehru
- R K Shanmukham Chetty
- D. Tiwari
Answer: C) R K Shanmukham Chetty
Explanation:
The India first union budget of independent India was introduced by R. K. Shanmukham Chetty on 26 November 1947. Complete incomes remained at ₹171.15 crores, and the monetary shortage was ₹24.59 crore.