QUESTION BANK WITH ANSWER - GROUP ‘B’ AMM ( Stores) Part III

QUESTION BANK WITH ANSWER - GROUP ‘B’ AMM ( Stores) Part III

PART-III Section A- Objective Questions: 

(168) What is the minimum value limit of the purchase order for purchase of ‘Bleaching powered’ to be pre-impacted by RITES:

(a) ` 1 lakh 

(b) ` 1.5 lakh 

(c) ` 2 lakh 

(d) ` 4 lakh Ans. (b) ` 1.5 lakh 

(169) Which among following is not a material inspecting agency: 

a) RDSO (b) DOI c) IRTS (d) RITES Ans. (c) IRTS 

(170).As per IRS conditions of contract, what is the maximum period from the date of receipt of material in which material pre-inspected at the firm’s premises can be rejected at consignee end, if found unsuitable? 

a) 30 days (b) 45 days b) 60 days (d) 90 days
Ans. (d) 90 days

QUESTION BANK WITH ANSWER - GROUP ‘B’ AMM ( Stores) Part II

QUESTION BANK WITH ANSWER - GROUP ‘B’ AMM ( Stores) Part II

86. Write a short note on Canons of Financial Propriety.

Ans Canons of Financial Propriety are general rules which have been framed for the guidance of the Government officials who are entrusted with financial powers and who are authorized to incur, or sanction expenditure from Public Moneys. These are stated below:

(i) The expenditure should not prima facie be more than the occasion demands, and that every government servant should exercise the same vigilance in respect of expenditure incurred from public moneys as a person of ordinary prudence would exercise in respect of the expenditure of his own money.

(ii) No authority should exercise its powers of sanctioning expenditure to pass an order which will be directly or indirectly to its own advantage.

(iii) Public money should not be utilized for the benefit of aparticular person or section of the community, unless:

QUESTION BANK WITH ANSWER - GROUP ‘B’ AMM ( Stores) PART I

QUESTION BANK FOR  GROUP ‘C’ TO GROUP ‘B’ AMM ( Stores)  PART-I 

Section A- Objective Questions:

 1. Controller of Stores is responsible only for Numerical accountal of materials and is not required to keep any general accounts of the Stores transactions. (True/False). 

Ans: True 

2. It is the job of the user departments to estimate the quantity to be procured in case of Stock items. (True/False)
Ans: False

 3. Stock items as well as non-stock items are allotted 8 digit PL numbers (True/False)
Ans: False 

4. Part supply against an order constitutes acceptance by the supplier of the terms and conditions of the purchase order, even if the terms and conditions vary from the supplier’s offer.(True/False)
 Ans: True

QUESTION BANK WITH ANSWER - GROUP ‘B’ AMM ( Stores) Part V

QUESTION BANK WITH ANSWER - GROUP ‘B’ AMM ( Stores) Part V

Q.276. Discuss Merits And Demerits off two systems of provisioning, viz. the Annual Estimate System and Economic Order Quantity system for a large organisation, stocking a wide variety of item.

Ans. Annual Estimate system

Merits:

(i) Recoupment is made as per given time-table. Therefore, the possibility of lapse on the part of the staff is minimised.

(ii) It helps combining of demands of similar items into one purchase so log as the source of supply of this item is common. This reduces not only the ordering cost but gives a better bargaining power due to bulking of quantities.

(iii) The demands from more than one depot for the same item can be combined in the purchase office at the same time, as pr the timetable laid down and make the purchase for all depots together. (iv) Under this system, number of reviews to be made are the bearest minimum.

QUESTION BANK WITH ANSWER - GROUP ‘B’ AMM ( Stores) Part IV

QUESTION BANK WITH ANSWER - GROUP ‘B’ AMM ( Stores) Part IV

 Descriptive Questions: 

238. From which different sources stores are received in a depot, please describe in detail.

Ans. Stores are received in a depot through the following sources:-

(i) Against Purchase: 

(a) Indigenous purchases- In case the original receipt and inspection of stores from the firms are centralized in one station, the inspecting and receiving Officer will issue the Receipt Note (S, 726) and forward the relevant foils to the stores depot concerned. In other cases, the Receipt Section of the depot receiving the material from the firm will issue the necessary Receipt note (S. 719 or S. 726). In certain cases as when stores are obtained from the National Instruments (Private) ltd,, or the Controller of Printing and Stationery, the supplies will be supported by the forms of the department making the supply.