Question & Answer - Traffic Accounts Set -1

Question & Answer - Traffic Accounts Set -1

1 Q) The Duties of TIAs are of such nature that calls for the

A) Special initiative

B) Vigilance

C) Tact & Watchful ness

D) All of the above

Answer : D

2 Q) The TIAs should pay attention while checking the records of Stations that

A) The returns submitted by the Stations to the Accounts office have been correctly prepared

B) The figures furnished are in accordance with the initial documents and maintained efficiently and relied upon and used as evidence in a court of law

C) Both (A) & (B) are correct

D) Both (A) & (B) are not correct

Answer : C

Modal Questions For Selection of Assistant Accounts Officers

Marks Explain whether the following are TRUE or FALSE giving reasons and explaining the correct position. 

1. General Manager has no power to authorise SAG officers to travel by Private Airlines 

2. Arbitration awards under Arbitration Act 1996 can be contested in a Court Of Law

Railway Question Paper - ASSISTANT FINANCIAL ADVISERS - August - 2010

SOUTHERN RAILWAY EXAMINATION 

SELECTION  OF ASSISTANT FINANCIAL ADVISER

 (70 PERCENT QUOTA) 

Time: 3 hours August 2010 

Max Marks 150 

SECTION- A 

Answer in one word 8 x 2 = 16 Marks

a) The Suspense Head use to book expenditure the allocation of which is not known is_____ 

b) Wages not paid to staff within the stipulated period are taken to ________________________ of Unpaid Wages Account

c) In Railway Accounting ____________________________ sets of journal are maintained d) All Transfer Transactions between railways are adjusted through ______________________

e) Interest on account of loans and advances is credited to Railway Board through _______________ 

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

Raalway Question Paper - ASSISTANT FINANCIAL ADVISERS

RAILWAY EXAMINATION FOR SELECTION 

ASSISTANT FINANCIAL ADVISERS

Answer any five questions (15 marks)

Q 1. (a) What do you understand by inter-railway and intra-railway transactions? How are such transactions proposed, accepted, adjusted and reconciled? (15 marks) 

(b) Do you think that the preparation of two accounts current – Approximate and Actual are necessary? Explain in detail (15 marks)

Q 2 (a) What is a “Works Programme”? What are the various steps involved in its finalisaiton (15 marks) 

(b) Discuss “Pink Book”. “Orange Book” and „Divisional Works Programme‟

Railway Question Bank - LDCE ( Account) - September 1996

LDCE QUESTION PAPERS 

September 1996

 PAPER I 

GENERAL KNOWLEDGE AND ENGLISH; GENERAL PRINCIPLES OF GOVERNMENT ACCOUNTING AND AUDITING WITH SPECIAL REFERENCE TO RAILWAYS; BOOKS AND BUDGET INCLUDING TRAFFIC BOOK 

Important: this paper contains two sections A and B. both the sections have to be answered. Section A carries 50 maximum, and section B carries 100 marks

 SECTION A 

GK1. Expand the abbreviations in any five 5 marks

 a) CTBT 

b) ICRISAT 

c) NABARD

d) ECAFE

e) PSLV 

f) WTO 

g) SEBI 

h) MAT

i) ILO 

j) BIFR GK2.

Railway Question Bank - LDCE ( Account) - June 2001

Railway Question Bank - LDCE ( Account) - June 2001

GK I Expand the following abbreviations

 (i) CBEC 

(ii) ICICI 

(iii) IRCON 

(iv) PAC 

(v) LIBOR 

(vi) SAIL 

(vii) TRAI 

(viii) BOLT 

(ix) UNESCO 

(x) SEBI 

GK II write short notes on ANY FIVE

I. BALCO disinvestment 

II. Dabhol power project 

III. External commercial borrowing 

IV. Moody‟s rating 

V. Narmada river valley project 

VI. Green house effect 

VII. Public distribution system 10 marks 

GK III. write short notes in not more than 200 words on ANY ONE of the following 

i. Official language policy

 ii. Renewable energy sources

 iii. Information technology 10 marks 

GK 4 name the authors of the following books

i. God of small things 

ii. Discovery of India 

iii. Malgudi days 

iv. Das capital 

v. War and peace 5 marks 

GK 5 name the sports associated with the following

i. Ranji trophy 

ii. Durand cup 

iii. Rangaswamy cup 

iv. Thomas cup 

v. Wimbledon 5 marks 

GK 6 Use the following pairs of words in sentences of your own

i. Poll – pole 

i. Adept – adapt 

iii. Excepted – expected

 iv. Opposite – apposite 

v. Cite – site 

GK 7 Fill up the blanks with suitable preposition

The cabinet __________ Wednesday decided _________ form a sub-committee _____ draw ______ a white paper __________ the financial position _____ the state. The Government wanted ________ place the factual position _____ the people ______ the white paper

SECTION B 

max marks 100  This section contains two parts A and B. attempt any four questions taking any two from each part. All questions carry equal marks 

BA 1. Indian railways are required to fund not only commercially viable projects but also non-viable but socially relevant projects over the few decades. The massive investment requirements of the shelf of pending projects need innovative measures for funding. Outline some of the specific initiates taken by the railways in this direction and suggest further measures to over come the problem of resource crunch. 

BA 2 how is parliamentary control over railway‟s finances exercised? What is the role of various parliamentary committees in this process? 

BA 3 writes short notes on ANY FOUR 

i. Ways And Means Advances 

ii. Rakesh Mohan Committee 

iii. Railway Safety Fund 

iv. Action Taken Note‟ 

v. Commercial Exploitation Of Land 

vi. Amortization 

BA 4 what is zero based budgeting. What are the steps taken by the railways in the last five years to adopt this system? 

BA 5 what is the role of statutory audit on the Indian railways? Is it possible to dispense with the organization if the internal auditing system is strengthened? 

PART B 

BB 1 what is appropriate accounts? Annexure J is the index of efficiency of accounts department. Discuss 

BB2 there is urgent need to simplify the procedure and speed up the realization and accountal of traffic earnings. Discuss duly explaining the present system in detail 

BB3 railways operate a large number of suspense heads. Discuss the need the context and the method of operation of any THREE of them selecting one each from earnings, revenue and expenditure and works expenditure 

BB4 the delay in making available the acutals and the wide variation between the approximate and actual render the present system of closing of accounts ineffective and liable for criticism. Give concrete suggestions to make tangible improvements in this area 

BB5 physical performance and financial results do not go in tandem so far as earnings are concerned. What are the factors responsible for such a divergence? &/&/&/ WWW 

 LDCE QUESTION PAPERS 15th June 2001 

PAPER II 

This paper contains two sections A and B. both sections have to be answered .Section A is compulsory for all candidates and carries maximum of 50 marks. Section B which carries maximum of 100 marks has two parts A and B. candidates should attempt either of the two parts depending on their optional subject 

SECTION A (max marks 50) 

A1 There is an overwhelming view that cross-subsidisation of passenger fare by freight rate should be given up and there should be alignment of tariff with the costs. How far our traffic costing system can be relied upon to take decisions in such important aspect? Do you have any suggestions to make? 

A2. What are financial ratios? Enumerate any three of them and examine their applicability to railway working 

A3. With the computerisation of accounts is should be possible to determine the cost activity wise. Do you agree? What further measures are required to have meaningful data? 

A4. What is the meaning of life cycle costing? What are the areas where it can be employed? Is it an improvement over the normal costing system? Or What is marginal costing? Explain the scope for adopting this concept for maximising the intensity of use of railway assets 

SECTION B Important: This section contains two parts A and B. Either part A or part B should be attempted by candidates depending on their choice of optional 

Part A (TRAFFIC ACCOUNTS AND STATISTICS; ESTABLISHMENT)

Answer any three questions. All questions carry equal marks 

BA 1. How effective is the internal check mechanism of passenger reservations (PRS) and Advanced Railway Ticketing System (ARTS)? Is the system fool proof and free from frauds? 

BA2. The magnitude of outstanding under Traffic Suspense reflects the efficiency of traffic accounts office. Discuss BA3.

 (i) What are the important operating statistics relating to goods operations? 

(ii) What is Specific Fuel Consumption? How it is computed for diesel and electric traction? 

BA 4 writes short notes on: I. Workmen‟s compensation

 II. Transport allowance 

III. Annual statistical statement No 40 

IV. Operating ratio 

V. Pension fund 

BA 5. „Recommendation of V pay commission has thrown railway finances out of gear do you agree? Or Elaborate the procedures of internal check of establishment claims in a computerised environment as distinct from manual bills 

 PART B

 (GENERAL EXPENDITURE ACCOUNTS, WORKSHOP, AND STORES ACCOUNTS) Answer any THREE questions. All questions carry equal marks 

BB1. What are the latest instructions from Railway Board regarding 

(1) award of contracts n single tender basis for execution of works and 

(2) post tender negotiation?

 BB2. Write short notes on: 

(i) risk purchase 

(ii) profroma on cost 

(iii) “make” or “buy” decision 

(iv) completion reports 

(v) variation in quantities in a works contract 

BB3. “The workshop out-turn statements truly and effectively reflect shop activities and efficiency of workshops accounts office”. Discuss with particular reference to checks to be exercised in the preparation of statement 

BB4. How far stock verification can contribute to better material management? What improvement, if any, would you suggest to make it more effective? 

BB5. Explain the linkage between stores, WMS and Revenue Budget 

BB6. There has been a spurt in the cases referred to for arbitration on this railway. How far is this attributable to the recent changes in the arbitration act? Are there deficiencies in contract formulation and management? Suggest remedies. 

Railway Question Bank - LDCE ( Account) - MAY 2003

LDCE  ACCOUNT - MAY 2003

1. Expand the following abbreviations ( 5 marks half marks each) 

a) BCCI 

b) KRCL 

c) RITES 

d) IRSSE 

e) GNP 

f) MFN 

g) CCRS 

h) FEMA 

i) CD-ROM 

j) IVRS

Railway Question Bank - LDCE ( Account) - LDCE - FEBRUARY 2007

 LDCE QUESTION PAPERS 

14TH FEBRUARY 2007 

GENERAL PRINCIPLES OF GOVERNMENT ACCOUNTING AND AUDITING WITH SPECIAL REFERENCE TO THE RAILWAYS. BOOKS AND BUDGET INCLUDING TRAFFIC BOOK

 Important this paper contains two sections – A & B. Both sections have to be answered section 

A carries 50 marks and section B carries 100 marks 

SECTION A (MAX MARKS-50) 

1. write a short essay on any of the following (10 marks)

a. If there is poverty anywhere, it affects prosperity every where. 

b. Effect of information technology on employment – is it positive or negative? 

c. Raj Bhasha policy implementation on IR 

Question Papers - Selection of Group 'B' Accounts Department

• Question Papers - Assistant Accounts Officers (AAO) - 2010, 2009, 2008, 2005 & 2002

• Question paper SWR 2016 - Assistant Accounts Officers (AAO)

• Q PAPER - Selection of AAO (Assistant Accounts Officers)

• Question paper - SCR - 2018 - Group 'B' Accounts Department

• Question paper - SCR - 2015 - Group 'B' Accounts Department

• Question paper SR - 2015 -Asst Financial Adviser

• Question paper  WR - 2016 -Asst Financial Adviser

Railway Question Bank - LDCE ( Account) - JUNE 2008

SECTION A (MAX MARKS-50) 

1. Write short notes on any two of the following (10 marks)

a) Narmada Bachao 

b) VAT 

c) Organ Transplant 

d) Right to Information Act 

2. Expand the following abbreviations ( 5 marks – ½ marks each) 

a) LPG 

b)CAT 

c)PAC 

d)SPV 

e)ONGC 

f) UPSC 

g)SPCA 

h) PERT 

g) IMF 

h) IRCTC 

Q BANK ACCOUNT - BOOKS & BUDGET

EXPECTED QUESTIONS PAPER I BOOKS & BUDGET (Both long & short Answers)

 1. What is Budgetary Control? How in railways it is used as an effective tool to control expenses and the various stages of Budgetary Control. 

2. How Performance Budget is a better exercise over the traditional budget? Enumerate two examples from the Demand wise Out Put Units. 

3. Earnings Budget is a cautious exercise in assessing the Revenue Earnings. Describe the stages in which the earnings budget of a Zonal Railway is prepared.

LDCE (ACCOUNT) - May 1994

SECTION A (Max marks 50) 

GK1. Expand the abbreviations in any five 5 marks

 i. GATT 

ii. IMF

 iii. ANC 

iv. ASEAN

 v. SLV 

vi. NPT 

vii. CAT 

viii. RBI

 ix. ADB

 x. UPSC 

LDCE ACCOUNT) - May 1994 - II

A maximum marks 50

Attempt any two questions. Each questing carries 25 marks

A – 1. How far the present traffic costing been effective in determining realistically the financial viability of introduction of new trains/augmentation of service?

A – 2. “Traffic costing like statistics is often used not for enlightenment in taking correct decision but for supporting decisions one wants to take”. How far is this statement well founded or unfounded. Discuss with specific cases if any illustrating your stand.

A – 3. How often the principle of marginal costing used in capturing / retaining the customer while protecting and furthering the financial interest of railways? Illustrate

A – 4. How far the principle of zero based assessment of inputs and innovation in management accounting principles utilised to further the objective of change over to unigauge system? Discuss.

Sample Questions Bank - Accounts Department - 3

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. 

Sample Questions Bank - Accounts Department -2

Sample Questions Bank - Accounts Department -2

Q 1.  Write short notes on any two of the following: 

(1) Canons of Financial Propriety.
(2) Imprest.
(3) Schedule of Powers. 

Q 2. Distinguish between any two. 

(1)  Revenue Expenditure and Works Expenditure.
(2) Voted Expenditure and Charged Expenditure. 
(3)  Cash Office and Pay Office. 

Sample Questions Bank - Accounts Department -1

SAMPLE -2

Q. 1: What are demands for grant?

Q.2. What are the canons of financial propriety? Comment on their practicability.

Q.3: What is dividend? Should railways be paying dividend, comment.

Q.4: What are various sources of financing railway works expenditure.

Q.5: Write short Notes on any FOUR.

(i) Railway Budget
(ii) Works expenditure
(iii) Audit Objections
(iv) Accounts inspection of executive offices.
(v) Organizational Structure of Accounts Department in Zonal Railways.
(vi) Differentiate between GMs Negative Powers and Schedule of  Power

Questions Bank - Accounts Department ( Accounts Inspection of executive office

Questions Bank - Accounts Department ( Accounts Inspection of executive office 

• Only accounts officer can become statistical officer (true/false) Part – II Accounts Inspection of executive office by accounts deptt. 

•  Accounts conducts inspection of executive offices to ensure that ------------

•  Account inspections are conducted as per pre planned and approved Programme (true/false) 

Questions Bank - Accounts Department ( Statutory Audit. )

Questions Bank - Accounts Department ( Statutory Audit. )

•  CAG means ------------------------------------------------ 

•  CAG derives his powers from---------------------------------------- 

•  Audit is responsible for audit of -----------------------------------------

•  The head of Zonal audit is------------------------------------ 

•  Main purpose of audit is to ensure that-------------------------- 

•  CAG can be removed in a manner prescribed for-------------------

Question Bank - Accounts ( SOP )

Question Bank - Accounts ( SOP )

• What is the nature of GMs power ?

•  What is role of finance in re-delegation ? 

•  What is a correction slip ? 

•  What is register of correction slip? 

•  Who is in-charge of SOP at Zonal headquarters?

•  How can you get more power? 

•  What are cannons of financial propriety ?