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Current Affairs

Arun Jaitley National Institute of Financial Management

Current context: The Government of India has decided to rename National Institute of Financial Management (NIFM), Faridabad as Arun Jaitley National Institute of Financial Management (AJNIFM).
Arun Jaitley National Institute of Financial Management
  • National Institute of Financial Management (NIFM), Faridabad was set up in 1993 as a registered society under the Department of Expenditure, Ministry of Finance.
  • The NIFM was instituted with the mandate to train officers of various Finance and Accounts Services recruited by the Union Public Service Commission (UPSC) and also officers of Indian Cost Accounts Service (ICoAS).
  • The Union Finance Minister is the President of the NIFM Society.
  • The Institute provides the senior and middle level of management in the fields of Public Policy
  • NIFM also caters to the State Governments, Defence establishments, Banks, other Financial Institutions and PSUs.
  • Arun Jaitley was the Union Minister for Finance and Corporate Affairs during the period 26th May 2014 to 30th May 2019 and was also a Padma Vibhushan awardee.

Question: 

Q.1 The Government of India has decided to rename which National Institute of Financial Management (NIFM) as Arun Jaitley National Institute of Financial Management (AJNIFM).
a. NIFM Faridabad
b. NIFM Ludhiana
c. NIFM Nasik
d. NIFM Aurangabad
Arun Jaitley National Institute of Financial Management Arun Jaitley National Institute of Financial Management Reviewed by Neha Verma on February 12, 2020 Rating: 5

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