The correct answer is Government Bank Dashboard and Government Bank Manual. In News • Launch Date: February 27, 2026. • Key Figure: Ms. T.C.A. Kalyani, the Controller General of Accounts (CGA), Ministry of Finance. • Location: New Delhi. • Context: These initiatives were introduced to institutionalize uniform procedures and shift oversight from reactive, post-facto corrections to proactive, real-time performance management. Breakdown of the Initiatives • 1. Government Bank Manual: • Provides a comprehensive and standardized framework for all banks handling government business. • Clearly defines operational procedures, reporting obligations, and reconciliation timelines. • Aims to reduce ambiguity and mitigate operational risks across stakeholders. • 2. Government Bank Dashboard: • A real-time, data-driven monitoring platform. • Tracks critical Key Performance Indicators (KPIs) such as remittance timelines, scroll compliance, transaction success rates, and adherence to service-level standards. • Enables the CGA to have a "bird's eye view" of how public funds are being managed by various banks. Significance • Transparency: By moving to a digital dashboard, the government can instantly identify delays in fund transfers or reconciliation errors. • Next Phase: The CGA mentioned that future reforms will focus on advanced analytics, deeper digital integration, and strengthened cybersecurity safeguards. • Role of CGA: The CGA is the principal advisor to the Union Government on accounting matters and is responsible for establishing a technically sound management accounting system.