Q. Who among the following was the first `Minister of Finance' in independent India?
✅ Correct Answer: (A)
R K. Shanmukham Chetty
Explanation: R K. Shanmukham Chetty
Explanation: 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.
Explanation by: Vinay Kumar
R K. Shanmukham Chetty
Explanation: 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.
Explanation: 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.