Q. Public Financial Management System is developed and implemented by which government body?
Answer: Controller General of Accounts (CGA)
Notes: Minister of State for Finance informed Rajya Sabha about Public Financial Management System. Public Financial Management System is a web-based online transaction platform for fund management and e-payment to agencies and beneficiaries. It provides end-to-end financial management services as a centralized transaction system. It is developed and implemented by Controller General of Accounts under Department of Expenditure, Ministry of Finance, Government of India. It ensures efficient fund flow and payment-cum-accounting network.
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📌 Question Number: 175 in Current Affairs Quiz - February 2026 in the above course in App.

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