Correct option is B
Morarji Desai holds the record for presenting the highest number of budgets in India. He presented 10 Union Budgets, including 2 interim budgets, during his tenure as the Finance Minister of India. His tenure spanned from 1958 to 1963 and 1967 to 1969.
Information Booster
- Interim budgets are presented when the government is in transition or during elections.
- Manmohan Singh presented 6 budgets, focusing on liberalization.
- Pranab Mukherjee presented 8 budgets, with reforms in taxation and infrastructure.
- Shanmukham Chetty was India’s first Finance Minister and presented the first Union Budget in 1947.
- Morarji Desai also served as the Prime Minister of India.
- His budgets emphasized fiscal discipline and resource mobilization.
Additional Knowledge
- Manmohan Singh: Known for the 1991 budget introducing LPG reforms.
- Pranab Mukherjee: Key budgets during the UPA regime.
- Shanmukham Chetty: The first budget was focused on post-independence reconstruction.
- Morarji Desai introduced the concept of Performance Budgeting in India.