Which of the following is the nodal department for overseeing the public financial management system in the Central Government?

CA Foundation · Business Economics · PYQS · May 2025
Which of the following is the nodal department for overseeing the public financial management system in the Central Government?
(A) A. NITI Aayog
(B) B. Department of Revenue under Finance Ministry
(C) C. Department of Expenditure under Finance Ministry
(D) D. Reserve Bank of India

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Department of Expenditure under Finance Ministry

Topics: Public Finance

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