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Showing posts with label Short Notes. Show all posts
Showing posts with label Short Notes. Show all posts

Indian Railway Finance & Accounts Rules Exam Guide | Previous Questions, Answers & Short Notes

 Previous Examination Oriented Short Notes Questions

(NOTE - For Answer visit - https://financialrulescexam.blogspot.com/ 

SET 

  1. Concept of Railway Accounting
  2. Financial vs Commercial Accounts
  3. Consolidated Fund of India
  4. Contingency Fund
  5. Public Account
  6. Suspense Heads
  7. Traffic Account
  8. Bills Recoverable
  9. Demands Payable
  10. Labour Suspense

Short Note on Minimum Wages Act

Minimum Wages act:

This act aims at securing minimum rates of wages in these categories of employment where wages are low, in order to prevent exploitation of unorganized labour. It also lays down the procedure for regulating the hours of work and payment of wages, including overtime, so as to ensure prompt payment and specifies the deductions that can be made from the wages of the workers. So far Railway Administrations are concerned the Minimum Wages Act applies to casual workmen in employment.

Dedicated freight corridor & DFCCIL - Notes for LDCE Exam

Dedicated freight corridor
& DFCCIL


The ministry of railways has announced the launch of a dedicated ‘freight corridor’, in order to decongest rail traffic. As of now, passenger and freight trains move on the same track, causing delays and fatal accidents. 

The Indian Railways' quadrilateral linking the four metropolitan cities of Delhi, Mumbai, Chennai and Howrah, commonly known as the Golden Quadrilateral; and its two diagonals (Delhi-Chennai and Mumbai-Howrah), adding up to a total route length of 10,122 km comprising of 16% of the route carried more than 52% of the passenger traffic and 58% of revenue earning freight traffic of IR. The existing trunk routes of Howrah-Delhi on the Eastern Corridor and Mumbai-Delhi on the Western Corridor were highly saturated.

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