Para 13.1.3 — CAM

13.1.3 With the departmentalization of accounts and in line with Chapter 3 of the RBI Act, the financial transactions of the various Government of India offices take place either at the branches of the RBI or the accredited Banks. The PAO executes payments vide various instruments and drawing accounts such as cheque payment account and electronic payment account at the accredited bank or Inter Accountal Adjustment Advice (IAAA) account and Inter Governmental Adjustment (IGA) advice account at RBI, as the case may be.