Search:



The Web

Rediff









Home > Business > Quiz

India's Interim Budgets

How many interim budgets were presented in the 1990s?
Take the Rediff Biz Quiz and find out how much you know about India and its interim budgets.

1. Which Indian finance minister has presented the maximum number of budgets?
a) Morarji Desai
b) Y B Chavan
c) R Venkataraman

2. When was the first time the full and interim budgets were presented by ministers from two different political parties?
a) 1977
b) 1989
c) 1991

Wrong! Try again..
Wrong! The correct answer is 1991.
Yashwant Sinha presented the interim budget for 1991-92 in March 1991, while Manmohan Singh introduced the full budget for 1991-92 in July. Singh presented an interim budget for 1996-97, while P Chidambaram delivered the final budget.
Correct!
Yashwant Sinha presented the interim budget for 1991-92 in March 1991, while Manmohan Singh introduced the full budget for 1991-92 in July. Singh presented an interim budget for 1996-97, while P Chidambaram delivered the final budget.

3. Which finance minister announced the government's PSU divestment plan via a vote-on-account?
a) Manmohan Singh
b) Yashwant Sinha
c) P Chidambaram

Wrong! Try again..
Wrong! The correct answer is Yashwant Sinha.
Yashwant Sinha announced the Centre's plan to divest government equity in public sector undertakings through a vote-on-account in 1991.
Correct!
Yashwant Sinha announced the Centre's plan to divest government equity in public sector undertakings through a vote-on-account in 1991.

4. How many times were interim budgets presented in the 1990s?
a) Two
b) Three
c) Four

Wrong! Try again..
Wrong! The correct answer is Three.
Yashwant Sinha presented the interim budget for 1991-92 and 1998-99. Manmohan Singh presented the interim budget for 1996-97. However, in the 80s, there was only one vote-on-account: R Venkataraman presented the interim and final budgets for 1980-81.
Correct!
Yashwant Sinha presented the interim budget for 1991-92 and 1998-99. Manmohan Singh presented the interim budget for 1996-97. However, in the 80s, there was only one vote-on-account: R Venkataraman presented the interim and final budgets for 1980-81.

5. Which finance minister, who was the first Indian governor of the Reserve Bank of India, presented an interim budget for 1951-52?
a) C D Deshmukh
b) Sir Benegal Rama Rau
c) K G Ambegaokar

Wrong! Try again..
Wrong! The correct answer is C D Deshmukh.
Chintaman Dwarkanath Deshmukh, the first Indian Governor of the Reserve Bank of India, presented an interim budget for 1951-52. He held the office of Union finance minister from 1950 to 1956.
Correct!
Chintaman Dwarkanath Deshmukh, the first Indian Governor of the Reserve Bank of India, presented an interim budget for 1951-52. He held the office of Union finance minister from 1950 to 1956.

Previous Quizzes
Who was India's first finance minister?
Which was the first airlines to operate in India?
Last year, India's GDP grew at what rate?
Which is the world's first stock exchange?
Company Names
More Quizzes

Tell us what you think of this Quiz

Compiled by: Adur Pradeep



Article Tools
Email this article
Top emailed links
Print this article
Write us a letter
Discuss this article


Related Stories


Who was India's 1st FM?

What is a vote-on-account?

Having the cake & eating it too



People Who Read This Also Read


India's 2nd largest bank?

Bajaj Auto was earlier called..?

Where is WTO headquartered?









Share your comments







Copyright © 2005 rediff.com India Limited. All Rights Reserved.