CURRENT AFFAIRS

Detailed explanation-1: -The Union Territory of Jammu and Kashmir has become the first UT in the country to operationalize Public Financial Management System (PFMS) at the district level with e-inauguration of eight district offices here on Friday by Additional Controller General of Accounts, Subodh Kumar Mathur.

Detailed explanation-2: -The act re-constituted the former state of Jammu and Kashmir into two union territories, one being Jammu and Kashmir and the other being Ladakh, with effect from 31 October 2019.

Detailed explanation-3: -India asserts entire territory of J&K is and will always be integral part of country. India has asserted that entire territory of Jammu and Kashmir is and will always be an integral part of the country.

Detailed explanation-4: -Srinagar, city, summer capital of Jammu and Kashmir union territory (Jammu is the winter capital), northern India, situated in the Kashmir region of the Indian subcontinent. The city lies along the banks of the Jhelum River at an elevation of 5, 200 feet (1, 600 metres) in the Vale of Kashmir.