Q PAPER - Selection of AAO (Assistant Accounts Officers) - 19/08/2002

SOUTHERN RAILWAY 

Selection of Assistant Accounts Officers 

Tim : 3 hours 

19/08/2002 

Max Marks 150

Instructions to candidates

1.The question paper consists Four sections. Section” A” caries 30 marks, Section “B” carries 20 mark , Section ”C” carries 20 marks and Section “D” carries 80 marks

2.all questions in the first three sections „A‟, „B‟ and „C‟ are to be attempted

3. in Section “D” any FOUR questions have to be attempted out of the total 8 questions

Section A

Explain whether the following statements are “TRUE” or “FALSE” giving reasons for your answer

10 x 3 = 20 Marks

1. all expenditure on computer and other related items is charged to Plan Head No 17- Capital
2. all expenditure on repairs of Plant & Equipment is charged to Demand No 07- Minor Head 500

3. GM has full powers to approve and sanction expenditure on modifications and improvements to Rolling Stock

4. excise Duty and Sales tax is payable on all items of rolling stock manufactured or repaired in railway workshops

5. works and stores tenders are to be awarded to L1 only as per the latest guidelines

6. study leave and Hospital leave can be sanctioned by DRMs

7. the value realised from scrap sales is allocated to sundry earnings

8. surcharges is levied on all consignments booked as wagon loads

9. leave encasement is permissible for balance credit of LHAP 

10. arbitration awards are to be treated as “charged Expenditure”

Section B

Multiple choice questions There is only one correct answer

10 x 20= 20 Marks

1.  This is an index indicating fuel efficiency

a. operating ratio                              b. BCI
c. ROR                                             d. SFC

2.  Expenditure on safety related works is allocated to

a. DRF                                                         b. DF
c. Contingency Fund                                   d. SRSF

3.Staff related to expenditure of  POH debits from Raiwlay Workshop is allocated to this Primary Unit
      a.1                    b. 2                 c.34                           d.99

4. Expenditure on ballast for track renewal works is allocated to

    a. Plan Head 31 PU No 03                        b.D No 04 PU No 32
    c.D No 04 PU No 28                                 d.Plan head PU No 08

5. An expenditure of Rs 100000/- on ceremonial occasions is sanctioned by

             a. DRM             b. AGM             c. GM             d. Railway Board

6. Concession for senior citizens is given as

a.  30 % in all classes in Mail and Express Trains only

b. 30 % in sleeper class and second class only

c. 25 % in ordinary second class

d. 25 % in all classes beyond 500 KMs

7.  In case fo missing non-issued tickets in SPTMS

a. debits are raised for single-fare up to the farthest point

b. debits are rasied for second class-fare to the farthest

c. at a flat-rate of Rs 500/-

d. debits are raised for 4 adult-fares in II Mil Express to the farthest station

8. Powers are delegated to CWMs in respect of jobs done for PSUs

a,  to waive off the full Proforma on –cost

b. to charge only 50 % of the on cost

c. to charge 0 % on cost

d. none of he above

9. commuted portion of the pension is restored

a. 15 years from the date of super-annuation

b. 15 years from the date of commutation c. 12 years 

c. 12 years from the date of retirement
d. none of the above

10. All expenditure in workshops in respect of deposit works

a. is first charged to WMS
b. only the direct labour and direct stores in first charged to WMS
c. cost and administrative overheads are charged to Deposit works directly and the rest to WMS first
d. none of the above

Section C

5 x 4 = 20 Marks

Distinguish between:1. Consolidated Fund and Contingency Fund
2. Workshop manufacturing suspense and Mis Advance Capital
3. Draft para and action taken note
4. Coaching earnings and other coaching earnings
5.  IRCA and IRFA adjustments

Section D

Answer any four questions

4 x 20 = 80 Marks

1. Explain in detail the costing system adopted in our Repair Workshops In what respects it is different from the one followed in our Production Units. Do you consider that our system is working satisfactorily ?

2. Write critical comments on the incentive scheme adopted in workshops Do you opine that the new guidelines and increased rates of incentive issued in 1999 and the steps taken so far have served the purpose?

3. Explain he salient features and deficiencies if any in the PRS and SPTM accountal of the earnings. Is the system of concurrent checking of accounts working well? Give your suggestions for improvement.

4. Explain the different areas and the scope for „Leakage of Revenue‟ and give your suggestions for improvements in the system of internal checks in the Accounts Office and inspections of the TIAs

5.Is the financial and budgetary control of earnings and expenditure exercised by the accounts dept satisfactorily ? What are the steps to be taken for improvement of the entire process?

6.„The system of giving accounting allocation by the departments and their checking in the accounts department is a farce resulting in enormous number of mis-classifications‟ Please comment

7. The pension debits received are not audited. There is no effective system of cheming revision of pension payment‟ give your views and suggestions if nay for improvement

8. Finance concurrence in general and finance vetting of indents and estimates can be done away with to improve efficiency and perform better‟ Give your critical views on the above recommendation.