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MCQ on Indian Railways Administration and Finance An introduction (Traffic Accounts) PC-11

 


 MCQ on Indian Railways Administration and Finance An introduction (Traffic Accounts) PC-11


Traffic Accounts


1)       Penalty recovered by TTE/TC from passengers travelling without ticket is called.

 

(A)   Penalty

 

(B)  Surcharge

 

(C)  Excess Fare

 

(D)  Excess charge

 

2)       Account Current pertaining to coaching and goods traffic is a statement prepared monthly showing.

 

(A)    Account showing the monthly earnings of Chg & Goods

 

(B)    Account showing the monthly expenditure of Capital & Revenue

 

(C)    Account showing the monthly Excess/Shortfall of both earnings & Expenditure compared with Budget grant

 

(D)    Account showing the monthly earnings on account of Chg & Goods

 

3)   Advice of Internal Check is

 

(A)  Acknowledgement given to station indicating receipt of station Balance sheet in TAO.

 

(B)  Compares the closing balance as shown by the station in the balance sheet by the station with that of arrived at by the accounts office.

 

(C)  Comparison of both Debit & Credit of station balance sheet with figures in General books.

 

(D)  None of the above

 

4)       Traffic cash received otherwise than through station balance sheet is incorporated in accounts through

 

A)      Traffic Cash Check sheet

 

B)      Abstract Daily/Monthly Cash Book

 

C)      Accounts Office Balance sheet

 

D)      General Cash Book

 

5)       The Head Balance sheet transfers operated in

 

(A)   Transfer Transactions

 

(B)  Traffic Book

 

(C)  Book Adjustments

 

(D)  Traffic Suspense

 

6)       Traffic which passes over a railway but neither originates nor terminates on that railway is called for that railway

 

(A)    Traffic not pertains to that Railway

 

(B)    Mixed traffic

 

(C)    Preferential traffic

 

(D)    Cross traffic

 

7)   What is wagon registration fee?

 

(A)    Registration fee deposited in advance for preparation of RR

 

(B)    Registration fee deposited by customer to book a wagon in advance

 

(C)    Advance freight collected

 

(D)    Amount deposited by customer for registration in Railways


 

8)   Accounts Office Balance Sheet (AOB) is prepared for

 

(A)    To account and watching the progress of realisation of carriage bills

 

(B)    To account items of earnings received other than through station Balance sheet

 

(C)    To account total earnings of a zonal railway

 

(D)    None of the above

 

9)   What is Non Issued ticket?

 

(A)    ticket which is not accounted in UTS/PRS system

 

(B)    A Journey ticket which passenger surrendering for Non-performance of his journey

 

(C)    Ticket issued to the passenger but cancelled on the following ticket because of operator’s mistake

 

(D)    None of the above

 

10)   Opening balance of the station balance sheet of a month will be

 

(A)   Station Imprest Cash Balance of previous month

 

(B)      R Notes balance not acknowledged by Cash Office

 

(C)      Closing balance of previous month

 

(D)      Admitted & Disputed debits balance of previous month

 

11) The station cash collected remitted in cash office through

 

A)      Voucher Remittance Note

 

B)      Treasury Remittance Note

 

C)      Cash remittance note.

 

D)      Cash Transmit Note for Misc. Receipts

 

12)   The following is the dummy entry in station balance sheet

 

(A)   Outward Paid

 

(B)  Inward Paid

 

(C)  Inward To-Pay

 

(D)  Siding Charges

 

13)   Traffic suspense denotes

 

(A)    Suspense balances to be cleared

 

(B)    C R Note acknowledgements not received from Cash Office

 

(C)    Unrealised accrued earnings

 

(D)    Admitted debits to be cleared

 

14)   7A statistical statements prepared for

 

(A)   Originating Passenger Earnings

 

(B)  Origination Local & Foreign Earnings

 

(C)  Originating Parcel Earnings

 

(D)  Originating goods earnings

 

15)   6A statistical statements prepared for

 

(A)   Originating Passenger Earnings

 

(B)  Origination Local & Foreign Earnings

 

(C)  Originating Parcel Earnings

 

(D)  Originating goods earnings


 

16)   DTC (Daily Trains cash cum summary book) maintained by

 

(A)   Commercial Inspector

 

(B)  Station Master

 

(C)  Divisional Commercial Office

 

(D)  Train Clerk

 

17)   Apportionment of earnings is based on

 

(A)    Number of trains carried

 

(B)    Tonnage Carried

 

(C)    Distance involved in each railway

 

(D)    Earnings per rake

 

18)   Cost of Monthly Season ticket is equal to

 

(A)   30 Single Journey Tickets

 

(B)  25 Single Journey Tickets

 

(C)  20 Single Journey Tickets

 

(D)  15 Single Journey Tickets

 

19)   Quarterly season ticket is how many times of monthly season tickets

 

(A)   3.0 times

 

(B)  2.7 times

 

(C)  2.5 times

 

(D)  2.3 times

 

20)   A season ticket can be issued normally up to a maximum distance

 

(A)   200 KMs

 

(B)  150 Kms

 

(C)  125 KMs

 

(D)  100 KMs

 

21)   Minimum distance for sleeper class journey ticket

 

(A)    500 KMs

 

(B)    400 KMs

 

(C)    300 KMs

 

(D)    200 KMs

 

22)   Alpha Code available on the top portion of the UTS ticket denotes.

 

(A)   security code

 

(B)  Number Tickets issued in the counter

 

(C)  Gross & Net Cash available with counter

 

(D)  vouchers available with counter

 

23)   Part A of the traffic book denotes

 

(A)    Adjustment or Division Sheet

 

(B)    Ledger Account of the Home Railway

 

(C)    Abstract of Earnings and statement of balances

 

(D)    Station Accounts

 

24)   Part B of the traffic book denotes

 

(A)   Adjustment or Division Sheet

 

(B)  Ledger Account of the Home Railway

 

(C)  Abstract of Earnings and statement of balances

 

(D)  Station Accounts


 

25)   Part C of the traffic book denotes

 

(A)   Adjustment or Division Sheet

 

(B)  Ledger Account of the Home Railway

 

(C)  Abstract of Earnings and statement of balances

 

(D)  Station Accounts

 

26)   Part D of the traffic book denotes

 

(A)    Adjustment or Division Sheet

 

(B)    Ledger Account of the Home Railway

 

(C)    Abstract of Earnings and statement of balances

 

(D)    Station Accounts

 

27)   Part A of the traffic book posted from

 

(A)   Station balance sheets

 

(B)  Accounts Office Balance sheets

 

(C)  JTBS Balance sheets

 

(D)  Figures certified by Internal check sections

 

28)   Error sheet prepared for

 

(A)    Authorizing the station to take special credit

 

(B)    Advising the station to submit returns & other documents

 

(C)    Advising the station discrepancy in Closing Balance

 

(D)    Apparent financial loss noticed during internal check in TAO is communicated through an error sheet

 

29)   Disputed/not admitted debits are withdrawn through

 

(A)   Remission Order

 

(B)  Credit advice note.

 

(C)  Refund Order

 

(D)  Certified Over Charge sheet

 

30)   Station balance sheet is the personal accounts of

 

A)     Station Master

 

B)     DCM

 

C)     ACM

 

D)     Commercial Inspector or CMI

 

31)   RMC traffic deals with

 

(A) Revenue Earning Traffic

 

(B) Traffic booked on Full Tariff Rates

 

(C) Commercial Traffic

 

(D) Railway Material and Consignments

 

32)   JTBS stands for

 

(A)    Journey Ticket Booking System

 

(B)    Journey Travel Booking System

 

(C)    Jan Sadharan Ticket Booking Sewak

 

(D)    None of the above


 

33)    YTSK stands for

 

A)     Yatri Tour Service Kendra

 

B)     Yuva Tickets Seva Kendra

 

C)     Yuva Tour Service Kiosk

 

D)     Yatri Tickets Seva Kendra

 

34)     Overcharge sheets means

 

(A) Excess Charges Sheet

 

(B) Excess Fare Sheet

 

(C) Prepared to refund the excess charges collected from the customer.

 

(D) Penalty and over charges collected from the customer

 

35)     Demurrage charges are collected towards

 

A)     Detention to Engine

 

B)     Consignments detained in Railway Premises

 

C)     Detention of Rolling Stock

 

D)     Damages to Rolling Stock

 

36)     Wharfage charges are collected towards

 

(A) Detention to Engine

 

(B) Consignments detained in Railway Premises

 

(C) Detention of Rolling Stock

 

(D) Damages to Rolling Stock

 

37)   Brown field PFT is

 

A)     A newly developed PFT

 

B)     Existing siding converted to PFT

 

C)     Railway Goods shed leased to Private entity

 

D)     None of the above

 

38)    Green field PFT is

 

A)     A newly developed PFT

 

B)     Existing siding converted to PFT

 

C)     Railway Goods shed leased to Private entity

 

D)     None of the above

 

39)    Assisted siding is

 

A)     Cost of siding is borne by Private Party

 

B)     Cost of the siding is borne by Private Company

 

C)     Cost of the siding is borne by Railways

 

D)     Cost of the siding shared by the railways and party

 

40)    Gross receipts is equal to

 

A)     Earnings from Passenger, Goods & Sundries

 

B)     Earnings from Passenger, Other Coaching Goods & Sundries

 

C)     Gross earnings minus suspense

 

D)     None of the above

 

41)    Cash in transit means

 

A)     Credit taken by station but not accounted for in books of accounts of that Month

 

B)     C R Note Acknowledgements not received at the station.

 

C)     C R Notes accounted in Cash Office pending dispatch to station

 

D)     C R Notes in transit from Cash Office to station


 

42)    Wagon turn round means

 

A)     Average Time taken for loading of wagons

 

B)     Average Time taken for unloading of wagons

 

C)     Average Time taken for movement of wagons from Originating to Destination

 

D)     Average Time taken by the wagon from loading to its subsequent Loading

 

43)   TCW (traffic cash witness) belongs to

 

(A) Accounts Department

 

(B) Commercial Department

 

(C) Audit Department

 

(D) Operating Department

 

44)   Percentage of concession for handicap passenger

 

(A) 75%

 

(B) 50%

 

(C) 25%

 

(D) 80%

 

45)   Nodal railway for apportionment of earnings

 

(A)   WR

 

(B)   CR

 

(C)   SCR

 

(D)   NR

 

46)   Amount of compensation payable to victim in railway accidents cases

 

(A) 9 lakhs

 

(B) 10 lakhs

 

(C) 15 lakhs

 

(D) 8 lakhs

 

47)   The basic concept of EOL (engine on load) is

 

(A)   Railway Engines Leased to Private siding.

 

(B)   Engines procured by sidings used for loading/unloading of rakes.

 

(C)   Engine available to customer for their loading and unloading activities during free time.

 

(D)   Railway Engines provided to released loaded rakes

 

48)   Charges payable by Container traffic is

 

(A) Freight charges

 

(B) Haulage charges

 

(C) Trip charges

 

(D) Punitive charges

 

49)   LTTC means

 

(A)   Long Term Traffic Contract

 

(B)   Long Time Tenure Contract

 

(C)   Long Term Train Contract

 

(D)   Long Term Tariff Contract

 

50)    TEFD means

 

(A)   Terminal Empty Flow Direction

 

(B)   Traffic Empty Flow Direction

 

(C)   Train Empty Flow Direction

 

(D)   Traditional Empty Flow Direction


 

51)    FOIS means

 

(A)   Freight Organization and Innovation System

 

(B)   Freight Operations and Information System

 

(C)   Freight Operators and Information Scheme

 

(D)   Freight Operators and Innovative System

 

52)    What is eT-RR

 

(A)   Electronic transmission of railway receipt

 

(B)   Electronic Train Railway Receipt

 

(C)   Electronic Through Railway Receipt

 

(D)   Electronic Traffic Railway Receipt

 

53)    What is e-RD.

 

(A)   Electronic Refund of Deposit

 

(B)   Electronic Refund of Wagon Demand Registration Fee

 

(C)   Electronic Registration of demand for wagons

 

(D)   Electronic Reconciliation of Deposits

 

54)   The three parties involved Tripartite agreement in case of e-payment

 

(A) Railways, Customer & Bank

 

(B) Railways, Cosignor & Consigee

 

(C) Accounts, Commercial & customer

 

(D) Customer, Bank and RBI

 

55)   Percentage of GST chargeable on AC classes in coaching .

 

(A)   18%

 

(B)   12%

 

(C)   5%

 

(D)   0%

 

56)   Standard rake size of BOXN wagons

 

(A) 60 wagons

 

(B) 59 wagons

 

(C) 58 wagons

 

(D) 42 wagons

 

57)   Standard rake size of BCN wagons

 

(A) 60 wagons

 

(B) 59 wagons

 

(C) 58 wagons

 

(D) 42 wagons

 

58)   STS stands

 

(A)   Station To System Rate

 

(B)   Station Terminal Station Rate

 

(C)   Station To Station Rate

 

(D)   Station Through Station Rate

 

59)   What is the maximum percentage of discount allowed in the STS scheme

 

(A) 25%

 

(B) 30%

 

(C) 20 %

 

(D) 15 %


 

60)    Operating ratio is

 

(E)    Total Expenditure/ Total Earnings X 100

 

(F)    Ordinary Working Expenses /Gross Earnings X 100

 

(G)   Ordinary Working Expenses/Gross Receipts X 100

 

(H)   Total Expenditure/Gross Receipts X 100

 

61)   Accounts staff authorised to inspect the basic records at station by

 

(A) SSO(A)

 

(B) ISA

 

(C) TIA

 

(D) ASV

 

62)   The following items of earnings are not to be Accounted in station earnings

 

(A) Coaching

 

(B) Other coaching

 

(C) Goods

 

(D) Sundries

 

63)   Nodal bank for door step banking authorised by IR

 

(A)   RBI

 

(B)   UBI

 

(C)   BOI

 

(D)   SBI

 

64)   Advance Reservation Period in case of passenger booking

 

(A) 60 days

 

(B) 90 days

 

(C) 120 days

 

(D) 150 days

 

65)   The validity of privilege pass is

 

(A)   3 months

 

(B)   4 months

 

(C)   5 months

 

(D)   6 months

 

66)   First A pass holders can travel in I AC on privilege account on payment of

 

(A) Difference of fares between I AC and II AC classes

 

(B) 50% of difference of fares between I AC and II AC classes

 

(C) One third of difference of fares between I AC and II AC classes

 

(D) 25% of difference of fares between I AC and II AC classes

 

67)   MGR scheme means

 

(A)   Minimum Guarantee Revenue Scheme

 

(B)   Merry go Round scheme

 

(C)   Minimum Goods Revenue Scheme

 

(D)   None of the above

 

68)   Earnings are classified into how many groups.

 

(A) 2 groups (Coaching & Goods)

 

(B) 4 groups (Coaching, Other Coaching, Goods & Sundry other earnings)

 

(C) 3 groups ( Coaching, Goods and Sundry other earnings)

 

(D) 1 group ( Traffic/Revenue Earnings)

 

69)   The period of LTTC agreement

 

(A) 3 years

 

(B) 2 years

 

(C) 5 years

 

(D) 10 years

 

70)   LTTC scheme allows rebate for the following pairs

 

(A) Retention of traffic and incremental traffic

 

(B) Retention traffic only

 

(C) Incremental traffic only

 

(D) Outward traffic only

 

71)   In LTTC scheme, the minimum eligibility condition

 

(A) 4 MT

 

(B) 3 MT

 

(C) 2 MT

 

(D) 1 MT

 

72)   Under LTTC scheme, the eligibility rebate for retention of traffic

 

(A) 4 MT

 

(B) 5 MT

 

(C) 6 MT

 

(D) 10 MT

 

73)   Revenue sharing for Green field PFT starts after _ years after notification of PFT.

 

(A)   2 Years

 

(B)   3 Years

 

(C)   5 Years

 

(D)   10 Years

 

74)   Revenue sharing for Brown field PFT starts after _ years after notification of PFT.

 

(A)   2 Years

 

(B)   3 Years

 

(C)   5 Years

 

(D)   10 Years

 

75)   Terminal Charges payable to PFTs

 

(A) Rs.16/- per tonne

 

(B) Rs. 20 per tonne

 

(C) Rs. 30/- per tonne

 

(D) Rs.40 per tonne

 

76)   Agreement period for PFT --- years

 

(A) 10 years

 

(B) 20 years

 

(C) 30 years

 

(D) 25 years

 

 

77)   The percentage of discount in case of Wagon Investment Scheme

 

(A) 10 %

 

(B) 15%

 

(C) 20 %

 

(D) 25%

 

78)   Agreement period in wagon investment scheme

 

(A)   10 years

 

(B)   20 years

 

(C)   25 years

 

(D)   30 years

 

79)   The following is not a component of Traffic suspense

 

(A) Stations Outstandings

 

(B) AOB outstanding

 

(C) Cash in Transit

 

(D) Bills Recoverable

 

80)   Accounts office Balance sheet closing balance represents

 

(A) Unrealized Station Outstandings

 

(B) Unrealized Carriage Bills

 

(C) Unrealized Bills Recoverable

 

(D) Unrealized Demands Recoverable

 

81)   The following earnings not accounted in Station Balance sheet

 

(A) EFT earnings

 

(B) Season ticket earnings

 

(C) Postal Earnings

 

(D) Military tickets on concession

 

82)   Major share of Railway Goods earnings from

 

(A)   Cement

 

(B)   Iron Ore

 

(C)   Food Grains

 

(D)   Coal

 

83)   Which of the following line is built under PPP

 

(A) Karimnagar- Nizamabad

 

(B) Deverakadra – Mortad

 

(C) Krishnapatnam – Obulavaripalli

 

(D) Manoharabad – Gajwel

 

84)   Percentage concession extended for 50 km short lead traffic

 

(A) 10%

 

(B) 25%

 

(C) 50%

 

(D) 75%

 

85)   Percentage concession applicable for long lead traffic for coal and coke above 1400 kms.

 

(A)   10%

 

(B)   15%

 

(C)   20%

 

(D)   25%


 

86)    What is the age limit for female passenger to claim senior citizen concession?

 

(A)   55 years

 

(B)   58 years

 

(C)   60 years

 

(D)   65 years

 

87)   Traffic check sheet amount prepared by cash office becomes debit to the following suspense head

 

(A)   Revenue heads X,Y,Z

 

(B)   Remittance into Bank

 

(C)   Reserve Bank Suspense

 

(D)   Public Sector Bank Suspense

 

88)   Cancellation charges per passenger in case of unreserved ticket

 

(A) Rs.15/-

 

(B) Rs.30/-

 

(C) Rs.60/-

 

(D) Rs.90/-

 

89)   Which of the following is not an authorized mode of payment in Railways?

 

(A) Net Banking

 

(B) e-payment

 

(C) UPI

 

(D) credit note

 

90)   Level of tender committee for earning contracts for value above 50 lakh and

 

(A)  below 5 crore (other than catering and parcel)

 

(B) Junior Scale

 

(C) Senior Scale

 

(D) JA Grade

 

(E) SA Grade

 

91)    Powers of DRM for maximum waiver of demurrage and wharfage per wagon per consignment

 

(A)   Rs.10000/-

 

(B)   Rs.15000/-

 

(C)   Rs.20000/-

 

(D)   Rs.25000/-

 

92)   Prior finance concurrence is required for refund of fares exceeding the amount Ans.

 

(A)   Rs.1000/-

 

(B)   Rs. 1500/-

 

(C)   Rs. 2000/-

 

(D)   Rs.2500/-

 

93)   Associate finance officer for Sr.DCM is

 

(A) ADFM

 

(B) DFM

 

(C) Sr.DFM

 

(D) Dy. FA&CAO/G

 

 

94)   The following earnings are not to be apportioned :

 

(A) Passenger earnings

 

(B) Demurrage

 

(C) Goods earnings

 

(D) Parcel earnings

 

95)   Defense and postal dues are cleared by

 

(A)   RBI book adjustment

 

(B)   Payment through cheque

 

(C)   NEFT/ RTGS

 

(D)   On line clearance

 

96)    Accepting authority for Parcel leasing tenders above 100cr

 

(A)   DRM

 

(B)   PCCM

 

(C)   GM

 

(D)   Railway Board

 

97)    Accepting authority for parcel leasing tenders above 50 cr and below 100 cr

 

(A) DRM

 

(B) PCCM

 

(C) AGM

 

(D) GM

 

98)    Expand ATVM

 

(A)   Automated Transactions Via Machine

 

(B)   Automatic Ticket Vending Machine

 

(C)   Authorized Ticket Vending Machine

 

(D)   Any Time Vending Machine

 

99)    Expand CoTVM :

 

(A)   Co-operated Ticket Vending Machine

 

(B)   Continuous Ticket Vending Machine

 

(C)   Coin Operated Ticket Vending Machine

 

(D)   Constant Ticket Vending Machine

 

100) Eligibility to travel in IAC on duty for the following grade and above

 

(A) Senior scale

 

(B) JA Grade

 

(C) SG

 

(D) SAG Grade

 

101) Maximum Tatkal Charges should not exceed

 

(A)   Rs.100/-

 

(B)   Rs.200/-

 

(C)   Rs.300/-

 

(D)   Rs.400/-

 

102) HOR means

 

(A)   Head Office Requisition

 

(B)   High Official Requisition

 

(C)   Head Office Reservation

 

(D)   None of the above


 

103) HOR issued to

 

(A)   Higher officials of other department

 

(B)   High Officials of railways

 

(C)   High Officials of Railway Board

 

(D)   None of the above

 

104) Excess Fare Ticket (EFT) consists of how many foils.

 

(A) 2 Foils (Passenger & Record)

 

(B) 3 Foils (Accounts, Passenger & Record)

 

(C) 4 Foils (Accounts, Passenger, Invoice & Record)

 

(D) 5 Foils (Accounts, Passenger, Invoice, Transit & Record)

 

105) Maximum no of passengers issued on PRS ticket

 

(A)   6

 

(B)   8

 

(C)   4

 

(D)   2

 

106) Maximum no of passengers issued on UTS ticket

 

(A) 6

 

(B) 8

 

(C) 4

 

(D) 2

 

 

Answer key

 

1C

2A

3B

4C

5B

6D

7B

8A

9C

10C

11C

12B

13C

14D

15A

16B

17C

18D

19B

20B

21D

22C

23D

24A

25B

26C

27A

28D

29C

30A

31D

32C

33D

34C

35C

36B

37B

38A

39D

40B

41A

42D

43B

44A

45A

46D

47C

48B

49D

50D

51B

52A

53C

54A

55C

56B

57D

58C

59B

60B

61C

62D

63D

64C

65C

66C

67B

68C

69C

70A

71D

72B

73C

74A

75B

76C

77B

78B

79D

80B

81C

82D

83C

84C

85C

86B

87B

88B

89A

90B

91D

92C

93C

94B

95A

96B

97A

98B

99C

100B

101D

102B

103A

104B

105A

106C

 

 

 

 

 


 

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