Who has been appointed as the new Finance Secretary in 2016?

a. Ashok Lavasa

b. Ratan Watal

c. Rajiv Mehrishi

d. Shanktikanta Das

ANSWER: Ashok Lavasa

Explanation:

Ashok Lavasa is current Finance Secretary. (1980 batch Haryana cadre IAS officer)

He replaced Ratan Watal.

The Finance Secretary is the Permanent Secretary-level civil servant, who plays a leadership role in the bureaucracy of the Finance Ministry, Govt. of India.

The Ministry of Finance is composed of five departments -

the Department of Economic Affairs,

the Department of Revenue,

the Department of Expenditure,

the Department of Financial Service,

The Department of Investment and Public Asset Management (formerly k/as Department of Disinvestment).

Ministry of Finance

Formed: 29 October, 1946

Headquarters: Cabinet Secretariat, New Delhi

Key Documents: Union Budget, Economic Survey

Current Finance Minister: Arun Jaitley