Question: Recently which of the following state have implemented Public Fund Management System (PFMS)?
(a) Uttar Pradesh
(b) Jharkhand
(c) Maharashtra
(d) Karnataka
Ans: (b)
Related facts:
- On 30 August 2016 Jharkhand become the first state in the country to have implemented Public Fund Management System (PFMS).
- It has been implemented by the state finance department.
- This Public Fund Management System (PFMS) will be implemented in all central funded schemes with immediate effect.
Reference:
http://english.pradesh18.com/news/jharkhand/jharkhand-becomes-first-state-to-implement-public-fund-management-system-912507.html
http://www.ndtv.com/india-news/jharkhand-becomes-first-state-to-implement-public-fund-management-system-1452463
http://www.business-standard.com/article/economy-policy/jharkhand-becomes-first-state-to-implement-pfms-116083100073_1.html