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The first Union budget of independent India was presented by:
1. Jawahar Lal Nehru
2. Vallabh Bhai Patel
3. R. K. Shanmukham Chetty
4. Arun Jaitley 

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Correct Answer - Option 3 : R. K. Shanmukham Chetty

The correct answer is R. K. Shanmukham Chetty.

  • Sir Ramasamy Kandasamy Shanmukham Chetty was an Indian lawyer, economist and politician who served as first finance minister of independent India from 1947 to 1949.
  • The first Union budget of independent India was presented by R. K. Shanmukham Chetty on November 26, 1947.

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