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  1. Who among the following was the first ‘Minister of Finance’ in independent India?
    1. R. K. Shanmukham Chetty
    2. Liaquat Ali Khan
    3. John Mathai
    4. Satya Narayan Sinha
Correct Option: A

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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