Who 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 : R. K. Shanmukham Chetty
Question Asked : SSC CPO Exam 2016
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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