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FM & Powers of PAOs Regulations, 2021
Reg 14 – Section 23
Beginner
Q
Under Regulation 14(a), read with section 23 of the PFM Act, no expenditure shall be incurred until sanctioned by a competent authority AND provided for through:
ASchedule of authorized expenditure, supplementary or technical supplementary grant, or re-appropriation
BApproval of the Finance Division only
CApproval of the PAC
DRelease from the Planning Commission
Correct Answer:
A. Schedule of authorized expenditure, supplementary or technical supplementary grant, or re-appropriation
