Question

Which Mission Mode Project focuses on modernizing and automating India's treasury systems?

• A. e-Panchayat
• B. Treasuries Computerization
• C. Municipalities
• D. Agriculture

Answer 1

Answer:

B. Treasuries Computerization

The Treasuries Computerization Mission Mode Project (MMP) focuses on modernizing and automating India's treasury systems.

The main goal of this project is to implement an integrated financial management system. It aims to improve the efficiency and transparency of government transactions, such as payments and receipts, by computerizing all state treasuries and sub-treasuries. This helps in better financial planning, tracking of government funds, and reduces delays in payments.