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MCQs on PFMS Full Form

by Yogi P - January 9, 2025

MCQs on PFMS Full Form

Q 1: What is the full form of PFMS?

  • A Public Financial Management System
  • B Personal Financial Management System
  • C Public Fund Management Service
  • D Public Fiscal Management System

Answer: (A) Public Financial Management System

Q 2: What was PFMS previously known as?

  • A CPM
  • B DBT
  • C CPSMS
  • D NPCI

Answer: (C) CPSMS

Q 3: Which organization introduced PFMS?

  • A NPCI
  • B CGA
  • C Finance Ministry
  • D RBI

Answer: (B) CGA

Q 4: What type of payment network does PFMS provide?

  • A Credit Card Payments
  • B International Remittance Network
  • C Subsidy Payment Network
  • D Mobile Recharge Network

Answer: (C) Subsidy Payment Network

Q 5: How does PFMS contribute to the Digital India initiative?

  • A By promoting traditional payment methods
  • B By facilitating online shopping
  • C By providing real-time financial advice
  • D By offering efficient information management

Answer: (D) By offering efficient information management

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What is the full form of PFMS?

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