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Interim Budget Trivia

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?

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

First Published: Fri, February 14 2014. 17:12 IST