Full formDefence & Police
DFBstands forDefence Finance Board
Full Form of DFB
What is DFB?
The Defence Finance Board (DFB) is a key financial advisory body within the Indian Ministry of Defence. It oversees the budgetary allocations, financial management, and procurement processes for the Indian Armed Forces, including the Army, Navy, Air Force, and other defence establishments. The DFB ensures that defence funds are utilised efficiently, transparently, and in alignment with national security priorities. It was constituted to streamline financial decision-making and provide expert advice on cost estimation, contract approvals, and audit compliance. The DFB is particularly active during the annual defence budget cycle, where it reviews proposals and recommends fund releases. It also plays a critical role in major defence acquisitions, such as fighter jets, naval vessels, and missile systems, by evaluating financial viability. For students preparing for defence services examinations like CDS, NDA, or AFCAT, understanding the DFB's function is essential as it appears in questions related to defence administration and financial governance. In summary, the DFB acts as the fiscal guardian of India's defence apparatus, linking strategic objectives with prudent financial planning.
DFB का फुल फॉर्म
रक्षा वित्त बोर्ड
Example
The Defence Finance Board (DFB) approved the revised cost estimates for the indigenous light combat aircraft project.
DFB — frequently asked questions
What is the full form of DFB?
The full form of DFB is Defence Finance Board, a financial advisory body under the Indian Ministry of Defence.
What is the role of the Defence Finance Board in India?
The DFB manages budget allocations, financial planning, and procurement approvals for the Indian Armed Forces, ensuring efficient use of defence funds.
Is DFB relevant for defence exam preparation?
Yes, DFB is a topic in defence services exams like CDS and NDA, covering financial administration and procurement processes within the Ministry of Defence.