SAMPLE Question Papers
Q 1. Fill in the blanks.
1. Expenditure of Railway Board is charged to Demand No.1 and of Railways Staff College as charged to Demand No. ………...
2. Demand no. 3 to 13 are called Open line Working Expenses (OWE); demand no. - ------------------ is called Total Working Expenses (TWE) and Demand no. 1 to 15 are called Revenue Expenses.
3. There are two types of Expenditure Charged and Voted. The expenditure of Audit Department is an example of ……………………….. expenditure.
4. The money for appropriation to depreciation reserve fund is charged to Demand No. ----------- as decided by the Railway Board at the recommendation of Railway Conventional Committee.
5. Revenue allocation consist of ………………. digit while works expenditure under plan heads under demand no. 16 consists six digits.
6. There are three sources of earning in Railways, denoted by X, Y and Z. X stands for ----------------- earnings, Y stands for Goods earnings and Z for Sundry Earnings.
7. There is a two-way classification system in Railways viz. Objective wise and Activity wise, Demands represents objective wise and Activities are represented by ……………… Units.
8. ‘Allocation' of expenditure implies identifying source of Finance while -------------- ------- deals with the detailed heads of account under which expenditure is booked.
9. The rate of dividend on the capital at charge ( i.e. budgetary support for General Budget) being paid by Indian Railway is currently ………………. per cent. The percentage is recommended by the Railway Conventional Committee.
10. The expenses of retirement benefits and DCRG are charged to Demand No…..
11. The Railway Budget was separated from the General Budget on the recommendation of the ……………………………. committee.
12. Accounts and Finance wing in Indian Railways is headed by the --------------------- -------------------------and in Railways (i.e.Zonal Railways) by the Financial Advisor & Chief Accounts Officer (FA&CAO).
13. The post of FC came into existence from 01.04.1923 at the recommendation of --- ------------------Committee.
14. The two broad categories of expenditure are Revenue and Works expenditure. There are ……… ………. number of demands meant for repairs and maintenance out of 15 Revenue Demands.
15. There are ………………… nos. of demand pertaining to Operating Expenses.
16. Expenditure of Railway Staff College is charged to Demand No. ………...
17. The money for appropriation to Depreciation Reserve Fund (DRF) is charged to Demand No. ----------- on the recommendations of Railway Convention Committee.
18. Accounts and Finance Department in Indian Railways is headed by ----------------- -------.
19. In India, CAG is a ----- ------------------------------- authority.
20. Expenditure of Railways is bifurcated into Revenue and ------------------------------------.
21. Powers delegated to subordinate officials by General Manager are called----------- -----.
Q 2. Write five important functions of the Accounts and Finance department in Indian Railways.
Q 1. Fill in the blanks.
1. Expenditure of Railway Board is charged to Demand No.1 and of Railways Staff College as charged to Demand No. ………...
2. Demand no. 3 to 13 are called Open line Working Expenses (OWE); demand no. - ------------------ is called Total Working Expenses (TWE) and Demand no. 1 to 15 are called Revenue Expenses.
3. There are two types of Expenditure Charged and Voted. The expenditure of Audit Department is an example of ……………………….. expenditure.
4. The money for appropriation to depreciation reserve fund is charged to Demand No. ----------- as decided by the Railway Board at the recommendation of Railway Conventional Committee.
5. Revenue allocation consist of ………………. digit while works expenditure under plan heads under demand no. 16 consists six digits.
6. There are three sources of earning in Railways, denoted by X, Y and Z. X stands for ----------------- earnings, Y stands for Goods earnings and Z for Sundry Earnings.
7. There is a two-way classification system in Railways viz. Objective wise and Activity wise, Demands represents objective wise and Activities are represented by ……………… Units.
8. ‘Allocation' of expenditure implies identifying source of Finance while -------------- ------- deals with the detailed heads of account under which expenditure is booked.
9. The rate of dividend on the capital at charge ( i.e. budgetary support for General Budget) being paid by Indian Railway is currently ………………. per cent. The percentage is recommended by the Railway Conventional Committee.
10. The expenses of retirement benefits and DCRG are charged to Demand No…..
11. The Railway Budget was separated from the General Budget on the recommendation of the ……………………………. committee.
12. Accounts and Finance wing in Indian Railways is headed by the --------------------- -------------------------and in Railways (i.e.Zonal Railways) by the Financial Advisor & Chief Accounts Officer (FA&CAO).
13. The post of FC came into existence from 01.04.1923 at the recommendation of --- ------------------Committee.
14. The two broad categories of expenditure are Revenue and Works expenditure. There are ……… ………. number of demands meant for repairs and maintenance out of 15 Revenue Demands.
15. There are ………………… nos. of demand pertaining to Operating Expenses.
16. Expenditure of Railway Staff College is charged to Demand No. ………...
17. The money for appropriation to Depreciation Reserve Fund (DRF) is charged to Demand No. ----------- on the recommendations of Railway Convention Committee.
18. Accounts and Finance Department in Indian Railways is headed by ----------------- -------.
19. In India, CAG is a ----- ------------------------------- authority.
20. Expenditure of Railways is bifurcated into Revenue and ------------------------------------.
21. Powers delegated to subordinate officials by General Manager are called----------- -----.
Q 2. Write five important functions of the Accounts and Finance department in Indian Railways.
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