Which situation best demonstrates the fiduciary character of public fi

Type: MCQ • Marks: 1

Which situation best demonstrates the fiduciary character of public financial administration?

A. An official treats public resources as resources held in trust for public purposes and remains accountable for their proper use

B. An official considers Government funds equivalent to personal funds

C. An official spends unused funds to avoid surrender

D. An official prioritises personal convenience

Explanation

Public financial administration is based on stewardship, legality, economy, accountability and public interest.

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UPSC Principal & Vice Principal Management Finance Administration

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Which situation best demonstrates the fiduciary character of public financial administration?