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Question : 26 of 100
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The Ministry of Finance is one of the important ministry under the Government of India concerned with the economy of India.
- This was formed on 29 th October 1946.
- This Ministry serves as the Indian Treasury Department. Ministry of Finance presents the Economic Survey in the parliament every year.
- The Union Finance Ministry of India comprises five departments namely:
- Department of Economic Affairs.
- Department of Expenditure.
- Department of Revenue.
- Department of Financial Services.
- Department of Investment
- Current Cabinet Minister responsible for the Ministry of Finance: Nirmala Sitharaman.
- The first Finance Minister of independent India: R. K. Shanmukham Chetty.
Current Cabinet Minister responsible for the Ministry of Corporate Affairs: Nirmala Sitharaman.
Current Cabinet Minister responsible for the Ministry of Home Affairs: Amit Shah.
Current Cabinet Minister responsible for the Ministry of Commerce:Piyush Goyal.
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