Interim Budget Trivia

Image
Last Updated : Feb 14 2014 | 5:25 PM IST
1. Who presented independent India’s first interim Budget?

A: R.K. Shanmukham Chetty (November 26, 1947)

2. Which finance minister presented two interim Budgets and later became India’s prime minister?

Also Read

A: Morarji Desai (1962-63, 1967-68)

3. Which finance minister in post-reforms India (after 1991) was the only one to have presented an interim Budget before elections and returned as finance minister after the polls to present the full Budget for that year?

A: Pranab Mukherjee (2009-10)

4. Who was the finance minister who announced disinvestment of Govt equity in public sector units in an interim Budget?

A: Yashwant Sinha

5. Which finance minister used his interim Budget to announce an increase in the free baggage allowance for returning travellers from abroad?

A: Jaswant Singh (2004-05)

6. Name the finance minister, whose first two budgets of his career were interim?

A: Yashwant Sinha

7. In which financial year, we had an interim Budget that was not followed up with a full Budget?

A: 1947-48 by R. Shanmukham Chetty

8. Which finance minister in his interim Budget speech used a word denoting his party’s election symbol and indirectly urged people to have faith in that symbol while going for elections?

A: Pranab Mukherjee

9. Whose interim Budget offered the hope that individual income tax exemption limit should be revisited?

A: Jaswant Singh

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 14 2014 | 5:12 PM IST

Next Story