union government [legislature & executive] Practice Questions Answers Test with Solutions
union government [legislature & executive] PRACTICE TEST [30 - EXERCISES]
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Question : 19 [SSC CPO 2016]
Who among the following was the first ‘Minister of Finance’ in independent India ?
a) Satya Narayan Sinha
b) John Mathai
c) R. K. Shanmukham Chetty
d) Liaquat Ali Khan
Answer »Answer: (c)
The first finance minister of independent India was R. K. Shanmukham Chetty, who served as the finance minister in Jawaharlal Nehru's Cabinet between 1947-49. On November 26, 1947 Chetty presented the first budget of independent India. Earlier, he had served as President of India's Central Legislative Assembly from 1933 to 1935.
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