Introduction: Write a brief introduction about Public Financial Management System Body: Write down the benefits of Public Financial Management System in terms of resource allocation and implementation of policies. Conclusion: Provide some suggestions for improving PMFS Public Financial Management System (PFMS) is a web-based online software application for real time monitoring of utilization of funds… Continue reading [Answered] Public Financial Management System is important at the sub-national level to make informed decisions regarding resource allocation and implementation of policies. Examine.
Must Read Current Affairs Articles – March 16, 2022
About Must Read News Articles: Must Read News Articles is an initiative by Team ForumIAS to provide links to the most important news articles of the day. It covers several newspapers such as The Hindu, Indian Express, Livemint, etc. This saves the time and effort of students in identifying useful and important articles. With newspaper websites… Continue reading Must Read Current Affairs Articles – March 16, 2022
[Questions] Mains Marathon I Daily Answer Writing I March 16, 2022
Good Morning Friends, Following are today’s Mains Marathon Questions. About Mains Marathon – This is an initiative of ForumIAS to help/aid aspirants in their writing skills, which is crucial to conquering mains examination. Every morning, we post 3 questions are based on current affairs. The questions framed are meaningful and relevant to the exam. Write your answers… Continue reading [Questions] Mains Marathon I Daily Answer Writing I March 16, 2022
10 PM Daily Current Affairs Quiz |March 15th,2022
Hello friends,
We are posting the 10 PM current affairs quiz for today. Under our 10 PM current affairs quiz initiative, we are posting 10 MCQs sources from news articles, on a daily basis. MCQs in this initiative are sourced from PIB, The Hindu, Indian Express, etc.
9 PM Daily Current Affairs Brief – March 15th, 2022
Dear Friends, We have initiated some changes in the 9 PM Brief and other postings related to current affairs. What we sought to do: Ensure that all relevant facts, data, and arguments from today’s newspaper are readily available to you. We have widened the sources to provide you with content that is more than enough… Continue reading 9 PM Daily Current Affairs Brief – March 15th, 2022
GoI tracks the money trail: How PFMS will pull plug on spending slippages
Context: By midnight of March 31, the Controller General of Accounts will assess the spending in FY22 with help of the public money-tracking system known as the Public Financial Management System (PFMS). Background of PFMS The PFMS was conceptualized in 2009. But it became fully functional in a decade. PMFS was conceptualized because the Expenditure… Continue reading GoI tracks the money trail: How PFMS will pull plug on spending slippages
LESSONS IN OUR HICCUPS OVER SELLING AN LIC STAKE
News: Russia’s invasion of Ukraine has caused market uncertainty. This has prompted the government to rethink the launch of the Initial Public Offering (IPO) of Life Insurance Corp (LIC). Why is this IPO important for the government? The regulator’s approval of the IPO is valid only till mid-May. Any delay will upset the Centre’s fiscal… Continue reading LESSONS IN OUR HICCUPS OVER SELLING AN LIC STAKE
Data lessons from two years of the covid-19 pandemic
Context: After declaration of the covid as a global pandemic by WHO, various countries set up web-based dashboards for providing covid related data and information to their citizens. However, it was not set-up in India. India did not set up any web-based data portal. The Union Ministry of Health used to provide daily infection and… Continue reading Data lessons from two years of the covid-19 pandemic
Fragmenting world order, untied nations
News: The Russian war on Ukraine is going on and it has become three weeks long conflict. Therefore, it is going to have various consequences: Consequences of Russia Ukraine war The global order has broken down: The Ukraine crisis is a bigger blow to the post-World War order than any other conflict such as the… Continue reading Fragmenting world order, untied nations
The war’s cold facts and what India needs to glean
Context: As the Ukraine-Russia war nears the end of three weeks, it is time for India to learn lesson from this war and find its position in the real world of geopolitics. What is the lesson to be learnt from the Ukraine-Russia War? First, a nation’s vital interests can be protected only by that nation… Continue reading The war’s cold facts and what India needs to glean
