HISTORY
MODERN INDIA
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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James Wilson
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Alexander Hamilton
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Henry Baillie
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Thomas Wyse
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Detailed explanation-1: -Notes: James Wilson was a renowned Scottish businessman. He founded the Standard Chartered Bank (Which was merged with Standard Bank in 1969) and created India’s first Budget in the year 1860. He also founded The Economist weekly.
Detailed explanation-2: -R. K. Shanmukham Chetty served as the nation of independent India’s first finance minister and delivered the nation’s first budget.
Detailed explanation-3: -James Wilson (3 June 1805 – 11 August 1860) was a Scottish businessman, economist, and Liberal politician who founded The Economist weekly and the Chartered Bank of India, Australia and China, which merged with Standard Bank in 1969 to form Standard Chartered.
Detailed explanation-4: -Paper currency in India owed much to the intellectual stimulus and personal dynamism of Sir James Wilson, the first Finance Member in the Executive Council of the Viceroy of India.