Appointment of Finance Secretary

Appointment of Finance Secretary

Question: The Ministry of Finance is composed of __.
(a) Five departments
(b) Four departments
(c) Three departments
(d) None of the above
Answer : (a)
Related facts:

  • On 8 March 2019,Economic Affairs Secretary Subhash Chandra Garg was appointed as the Finance Secretary.
  • Garg, 58 years, a 1983 batch IAS officer of Rajasthan cadre, has been working as the Secretary in Department of Economic Affairs since June 2017.
  • The Ministry of Finance is composed of five departments viz Department of Economic Affairs, Department of Revenue, Department of Expenditure, Department of Financial Services and Department of Investment and Public Asset Management (formerly Known as Department of Disinvestment).
  • Each of the Departments is headed by a Secretary.
  • As per the convention, the senior-most among the five secretaries in the Finance Ministry is designated as the Finance Secretary.
  • While Ajay Bhushan Pandey is the Revenue Secretary, Rajiv Kumar is Secretary, Department of Financial Services, Atanu Chakraborty is Secretary in Department of Investment and Public Asset Management (DIPAM) and Girish Chandra Murmu is the Expenditure Secretary.

Links:
https://www.business-standard.com/article/pti-stories/subhash-chandra-garg-named-finance-secretary-119030800956_1.html