PFMS is a Central Plan Scheme monitoring system of the department of expenditure Ministry of Finance, Government of India. PFMS stands for

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Public Financial Management Sending
B	Public Financial Management Society
C	Public Financial Management System
D	Public Financial Management Service

Explanation:

Detailed explanation-1: -The Public Financial Management System (PFMS) is a web-based online software application developed and implemented by the Controller General of Accounts (CGA), Department of Expenditure, Ministry of Finance, Government of India.

Detailed explanation-2: -The Public Financial Management System (PFMS) is a web-based application for payment, accounting and reconciliation of Government transactions and integrates various existing standalone systems. The primary objective of PFMS is to establish an efficient fund flow system and expenditure network.

Detailed explanation-3: -PFMS provides various stakeholders with a real time, reliable and meaningful management information system and an effective decision support system, as part of the Digital India initiative of Government of India.

There is 1 question to complete.