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Vinay Kumar • 8.55K Points
Tutor III Politics

Q. Who among the following was the first `Minister of Finance' in independent India?

  • (A) R K. Shanmukham Chetty
  • (B) Liaquat Ali Khan
  • (C) John Mathai
  • (D) Satya Narayan Sinha
  • Correct Answer - Option(A)
  • Views: 153
  • Filed under category Politics
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.

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