Dr. Manmohan Singh, former Prime Minister of India died in December, 2024. When was he the Finance Minister of India?

Question

Question

This question was previously asked in

OSSC Junior Stenographer, Junior Typist (Prelims) Official Paper (Held On: 09 Feb, 2025)

Answer 1

The correct answer is 1991-1996.

Key Points

Dr. Manmohan Singh served as the Finance Minister of India during the tenure of Prime Minister P. V. Narasimha Rao from 1991-1996.
He is credited with initiating major economic reforms in India, including liberalization, privatization, and globalization.
His policies helped India recover from a severe balance-of-payments crisis in the early 1990s.
The 1991 Budget presented by Dr. Singh is considered a landmark in Indian economic history.