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Name the Finance Minister who has presented the Union Budget for highest number of times.
- a)K. Shanmukham Chetty
- b)Morarji Desai
- c)Yashwant Sinha
- d)P Chidambaram
- e)Manmohan Singh
Correct answer is option 'B'. Can you explain this answer?
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Name the Finance Minister who has presented the Union Budget for highe...
On February 1, 2018, Union Minister for Finance and Corporate Affairs, Arun Jaitley presented Union Budget 2018-19 in Parliament. Union Budget of India is referred to as the Annual Financial Statement in the Article 112 of the Constitution of India. Till 2016, it was presented on the last working day of February. In 2017, it was presented on February 1, so that it could be materialized before the commencement of new financial year in April. Union Finance Minister presents the Budget by means of the Finance bill and the Appropriation bill which comes into effect from April 1 (the start of India’s financial year), after being passed by both the Houses of Parliament. From 2017, Railway Budget was merged with General Budget. Till Date, Morarji Desai has presented Union Budget for highest number of times (10 times).
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Name the Finance Minister who has presented the Union Budget for highe...
Explanation:
Background:
Morarji Desai holds the record for presenting the Union Budget for the highest number of times. He presented the Budget 10 times during his tenure as the Finance Minister of India.
Details:
- Morarji Desai served as the Finance Minister of India under Prime Minister Jawaharlal Nehru.
- He first presented the Union Budget in 1959 and went on to present it for a total of 10 times.
- His Budget presentations were known for their focus on fiscal discipline and economic reforms.
- Morarji Desai's tenure as Finance Minister was marked by significant policy decisions aimed at boosting the Indian economy.
Significance:
- Morarji Desai's record of presenting the Union Budget for the highest number of times highlights his deep understanding of economic matters and his role in shaping India's fiscal policies.
- His legacy as a Finance Minister continues to inspire future generations of policymakers and economists.
Conclusion:
Morarji Desai's contributions to India's economic landscape through his Budget presentations make him a significant figure in the history of Indian finance ministers.
Background:
Morarji Desai holds the record for presenting the Union Budget for the highest number of times. He presented the Budget 10 times during his tenure as the Finance Minister of India.
Details:
- Morarji Desai served as the Finance Minister of India under Prime Minister Jawaharlal Nehru.
- He first presented the Union Budget in 1959 and went on to present it for a total of 10 times.
- His Budget presentations were known for their focus on fiscal discipline and economic reforms.
- Morarji Desai's tenure as Finance Minister was marked by significant policy decisions aimed at boosting the Indian economy.
Significance:
- Morarji Desai's record of presenting the Union Budget for the highest number of times highlights his deep understanding of economic matters and his role in shaping India's fiscal policies.
- His legacy as a Finance Minister continues to inspire future generations of policymakers and economists.
Conclusion:
Morarji Desai's contributions to India's economic landscape through his Budget presentations make him a significant figure in the history of Indian finance ministers.
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Name the Finance Minister who has presented the Union Budget for highest number of times.a)K. Shanmukham Chettyb)Morarji Desaic)Yashwant Sinhad)P Chidambarame)Manmohan SinghCorrect answer is option 'B'. Can you explain this answer?
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