Question
Public Financial Management System is an online software
program designed and introduced by____________.Solution
Public Financial Management System is an online software program designed and introduced by the organization of CGA (Controller General of Accounts). It belongs to the Finance Minister, expenditure department of the Indian government. It provides an online subsidy payment network to both Non Aadhar based bank accounts and Aadhar based bank accounts under DBT (Direct Benefit Transfer) through the NPCI (National Payments Corporation of India). Many banks initiated DBT payments via the PFMS for the recipient qualifying under the policies.
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