The Union Budget is more than just a financial document—it’s a mirror reflecting the nation’s priorities, growth, and challenges. As Finance Minister Nirmala Sitharaman prepares to present her eighth consecutive Union Budget on February 1, 2025, it’s a great time to revisit the key moments and figures that have shaped India’s budgetary journey.

This quiz will test your knowledge of India’s financial history, from the first budget of independent India to significant reforms like the merger of the Railway Budget. Whether you’re a finance enthusiast or just starting to learn about the country’s economic policies, this quiz is sure to challenge and inform you.

So, how well do you really know India’s budgetary legacy? Let’s find out!