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Multiple Choice Question

In which of the following year was the budget system introduced for the first time in India?

  • A
    1867
  • B
    1860
  • C
    1897
  • D
    1890
Explanation:
James Wilson, the British economist, presented the first-ever budget in India in 1860. He is credited with introducing a financial budget in India framed by the English model.

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