2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Punjab
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Haryana
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Uttar Pradesh
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Chhattisgarh
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Detailed explanation-1: -Context: Under pressure from the Centre, the Punjab Food and Civil Supplies Department has directed all government procurement agencies to link the bank accounts of farmers with the Public Finance Management System (PFMS) portal before the procurement of paddy begins.
Detailed explanation-2: -Ministry of Finance, under the Central Scheme for Treasury Modernisation has mandated compulsory interface of State Treasury Systems with PFMS.
Detailed explanation-3: -PFMS is public financial management system for schemes of Govt. of India which can be also used for state schemes. PFMS is a transaction based system to provide real time utilization of funds released from consolidated fund of India.
Detailed explanation-4: -Step1: For activation of Bank Account go to Bank>Account Activation e-payment. Account activation page will open. Step2: Enter the Scheme Name or Scheme code in the box provided or select scheme from the Select Scheme hyperlink. Step3: Enter the Bank Account Number in the Account Number box and click Search button.