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MCQ on Indian Railways Administration and Finance An introduction(General Expenditure) PC-11

 


 MCQ on Indian Railways Administration and Finance An introduction(General Expenditure) PC-11


General Expenditure


1)       Administrative approval of competent Authority for incurring expenditure is accorded at this stage

 

(A)  Abstract Estimate

 

(B)  Detailed Estimate

 

(C)  Revised Estimate

 

(D)   Completion Estimate

 

2)       Sanction to the estimate is considered as ‘Technical sanction’ in case of

 

(A) Abstract Estimate

 

(B) Detailed Estimate

 

(C) Revised Estimate

 

(D) Completion Estimate

 

3)       Without administrative approval, Detailed Estimate can be put up for both administrative approval & sanction in case of

 

(A)  Works within sanctioning powers of PHODs

 

(B)  Works within sanctioning powers of GM

 

(C)  Works within sanctioning powers of HODs

 

(D)   One of the above

 

4)       An item of work, connected with the main work, can be added to the estimate through

 

(A)  Revised Estimate

 

(B)  Detailed Estimate

 

(C)  Supplementary Estimate

 

(D)   Completion Estimate

 

5)   Line capacity means

 

(A)  No. of trains per day in a path

 

(B)  Sleeper density

 

(C)  Weight of Rails which can bear the formation of the path

 

(D)   None of the above

 

6)       Financial appraisal of projects is worked out using

 

(A) DCF technique

 

(B) PERT

 

(C) Depreciation method

 

(D) None of the above

 

7)       Applicable ROR for projects under DCF technique is

 

(A) 14%

 

(B) 8%

 

(C) 10%

 

(D) 18%

 

8)       ROR is not applicable to

 

(A)  New lines

 

(B)  Passenger amenities and safety works

 

(C)  Railway Electrification

 

(D)   None of the above


 

9)       Post project appraisal is done through

 

(A) Productivity test

 

(B) ROR

 

(C) Financial Justification

 

(D) All of the above

 

10)   Detailed Estimate need not be prepared for works costing less than

 

(A) Rs. 10 lakhs

 

(B) Rs. 5 lakhs

 

(C) Rs. 3 lakhs

 

(D) Rs. 2 lakhs

 

11)   Special limited tenders can be invited for specialized works from _________

 

agencies

 

(A)    6 and above

 

(B)    4 and above

 

(C)    2 and above

 

(D)    None of the above

 

12)   Minimum notice period for inviting open tenders costing up to Rs. 2 crores

 

(A) 30 days

 

(B) 45 days

 

(C) 10 days

 

(D) None of the above

 

13)   Minimum notice period for quotations

 

(A)    7 days

 

(B)    10 days

 

(C)    12 days

 

(D)    None of the above

 

14)   Minimum notice period for inviting Limited / Special limited tenders

 

(A) 7 days

 

(B) 21 days

 

(C) 14 days

 

(D) All of the above

 

15)   Two packet tendering system is adopted in case of

 

(A)    Single Tender

 

(B)    Open Tender

 

(C)    Limited Tender

 

(D)    All of the above

 

16)   Pre-vetting of Tender schedule is necessary for

 

(A) Works where Detailed Estimate is not prepared

 

(B) Works of urgent nature

 

(C) PB items

 

(D) All of the above


 17)   Monetary limit of direct acceptance without Tender committee in open e-tendering

 

(A)    Up to Rs. 20 lakhs

 

(B)    Up to Rs. 50 lakhs

 

(C)    UP to Rs. 1 crore

 

(D)    None of the above

 

18)   PVC is applicable for tenders costing

 

(A) > 5 crores

 

(B) > 10 crores

 

(C) > 15 crores

 

(D) > 20 crores

 

19)   What is LAW?

 

(A)    List of Approved Works

 

(B)    List of Added Works

 

(C)    List of Arranged Works

 

(D)    All of the above

 

20)   Lumpsum provision in the Pink Book can be utilized for specific category of works costing up to Rs. 2.5 Crores

 

(A)      Pink Book items

 

(B)      Umbrella works

 

(C)      Lumpsum works

 

(D)      None of the above

 

21)   Tenders received after the specified time of opening are called as

 

(A)    Late Tenders

 

(B)  Delayed Tenders

 

(C)  Single Tenders

 

(D)   None of the above

 

22)   Tenders received before the time of opening but after the due date and time are called as

 

(A)    Late Tenders

 

(B)    Delayed Tenders

 

(C)    Single Tender

 

(D)    None of the above

 

23)   In works tenders, offer without EMD should be

 

(A)    Summarily rejected

 

(B)  EMD can be called for later

 

(C)  EMD can be deducted from bills

 

(D)   All of the above

 

24)   Powers of the GM to approve Lumpsum works

 

(A)    Up to Rs. 1 crore each

 

(B)  Up to Rs. 2.5 crores each

 

(C)  Up to Rs. 10 crores each

 

(D)   Up to Rs. 20 crores each


 

25)   Powers of GM to approve M&P items

 

(A) Up to Rs. 2.5 Crore

 

(B) UP to Rs. 1 crore

 

(C) Up to Rs. 50 lakhs

 

(D) Up to Rs. 10 lakhs

 

26)   A deposit work of Rs. 100 Crore can be sanctioned by

 

(A) CRB

 

(B) MR

 

(C) Railway Board

 

(D) GM

 

27)   Who is the sanctioning authority for 100% excess due to escalation?

 

(A) Railway Board

 

(B) GM

 

(C) PHOD

 

(D) None of the above

 

28)   Who is the sanctioning authority for 25% excess due to scope?

 

(A)    DRM

 

(B)    PGOD

 

(C)    GM

 

(D)    Railway Board

 

29)   Two packet tendering system can be adopted for tenders less than Rs. 10 crores with

 

(A)    PFA’s concurrence and GM’s approval

 

(B)    FA/G’s concurrence and AGM’s approval

 

(C)    Sr. DFM’s concurrence and DRM’s approval

 

(D)    Associate Finance concurrence and approval of Tender inviting authority

 

30)   Relaxation of eligibility criteria in Tenders can be done with

 

(A) PFA’s concurrence and GM’s approval

 

(B) FA/G’s concurrence and AGM’s approval

 

(C) Sr. DFM’s concurrence and DRM’s approval

 

(D) Associate Finance concurrence and approval of Tender inviting authority

 

31)   Example of piece work contract

 

(A)    Zonal Contract

 

(B)    Work order

 

(C)    Quotation work

 

(D)    None of the above

 

32)   A work carried out with Non-Railway Funds

 

(A) Deposit work

 

(B) Quotation Work

 

(C) Zonal contract

 

(D) None of the above

 

33)   Percentage of contingencies to be provided in all detailed Estimates

 

(A) 10%

 

(B) 5%

 

(C) 3%

 

(D) 2%


 

34)   Work orders are issued against Zonal contracts. The value of each work order is

 

(A) Rs. 2 lakhs

 

(B) Rs. 2.5 lakhs

 

(C) Rs. 3 lakhs

 

(D) Rs. 5 lakhs

 

35)   Eligibility criteria is applicable for Service tenders valuing more than

 

(A)    Rs. 50 lakhs

 

(B)    Rs. 10 lakhs

 

(C)    Rs. 5 lakhs

 

(D)    Irrespective of the value of Tender

 

36)   Minimum notice period of 21 days for open tenders valuing less than Rs. 2 crores can be changed with Finance concurrence to

 

(A)    7 days

 

(B)    14 days

 

(C)    21 days

 

(D)    Not permissible

 

37)   Trial & Expenditure works up to Rs. 10 lakhs can be sanctioned by

 

(A)    Railway Board

 

(B)  GM

 

(C)  PHOD

 

(D)   DRM

 

38)   Single Tenders for restoration work up to Rs. 50 lakhs can be approved by

 

(A)    PHOD

 

(B)  HOD

 

(C)  DRM

 

(D)   GM

 

39)   Tender committee and Accepting authority for single tenders should be

 

(A)    One step above normal tenders

 

(B)  Two steps above the normal tenders

 

(C)  Same level committee as for open tenders

 

(D)   None

 

40)   Powers to dispense with tenders and accept quotation for works valuing Rs. 10 lakhs rests with

 

(A)    GM

 

(B)    PHOD

 

(C)    HOD

 

(D)    JAG

 

41)   Introduction of a new station or omission of any station in a project estimate falls under the category of

 

(A)    Completion Estimate

 

(B)    Detailed Estimate

 

(C)    Material Modification

 

(D)    None of the above


42)   Charges levied to cover cost of tools and plant and establishment supervision in deposit works estimates are called

 

(A)  Supervision charges

 

(B)  Departmental charges

 

(C)  Onetime charges

 

(D)   None of the above

 

43)   Percentage of departmental charges provided in the estimates

 

(A) 5%

 

(B) 10%

 

(C) 12 ½%

 

(D) 15%

 

44)   EMD can be submitted through

 

(A)  Depositing cash

 

(B)  NSC

 

(C)  Deposit in Post office Savings bank

 

(D)   All of the above

 

45)   Contracts placed to promote indigenous development of new technology / techniques are known as

 

(A)  Experimental orders

 

(B)  Development orders

 

(C)  Indigenous order

 

(D)   None of these

 

46)   Percentage of mobilization Advance that can be paid to the contractor

 

(A)    5% of Contract Value

 

(B)  10% of Contract Value

 

(C)  15% of Contract Value

 

(D)   20% of Contract Value

 

47)   As per GCC, quantities operated more that 125% but below 140% will be paid at the rate of

 

(A)    98% of accepted rate

 

(B)    96% of the accepted rate

 

(C)  94% of the accepted rate

 

(D)   None of the above

 

48)   As per PVC in GCC, quantities operated in excess of 140% but below 150% will be paid at

 

(A)    96% of the accepted rate

 

(B)    98% of the accepted rate

 

(C)  100% of the accepted rate

 

(D)   None of the above

 

49)   Variation beyond 150% of the contract value requires the sanction of

 

(A)    Railway Board

 

(B)  GM

 

(C)  PHOD

 

(D)   Tender Accepting Authority


 

50)   Permissible excess in Zonal contract is

 

(A) 100%

 

(B) 50%

 

(C) 25%

 

(D) 10%

 

51)      Letter of credit is applicable for e-tenders of works & services valuing above

 

(A) Rs. 10 lakhs

 

(B) Rs. 25 lakhs

 

(C) Rs. 50 lakhs

 

(D) Rs. 100 lakhs

 

52)   Revenue Allocation Register (RR) is maintained to facilitate

 

(A)    Control over expenditure

 

(B)    To keep record of expenditure

 

(C)    Expenditure under prescribed heads

 

(D)    All of the above

 

53)   Register of Works is maintained to facilitate

 

(A) Control over expenditure

 

(B) Collection of expenditure workwise

 

(C) Workwise budgetary control

 

(D) All of the above

 

54)   Exchequer control facilitates

 

(A)    Concurrent control of cash outgo

 

(B)    Correct assessment of ‘cash’ and ‘adjustment’ of the sanctioned budget

 

(C)    As accurate an assessment as possible of requirement of cash

 

(D)    All of the above

 

55)   Irrespective of the purpose for which it is acquired, the cost of land is booked to

 

(A) DF

 

(B) DRF

 

(C) Capital

 

(D) Revenue

 

56)   Plan Head 6500 deals with

 

(A)    Other specified works

 

(B)    Research & Design works

 

(C)    Training Institutes – HRD work

 

(D)   Computerization works

 

57)   Plan Head 2200 deals with

 

(A) Other specific works

 

(B) Training Institutes – HRD works

 

(C) Repayment of capital segment of lease payments

 

(D) Computerization works

 

58)   An agreement which is enforceable by law is

 

(A)    A Tender

 

(B)    A Contract

 

(C)    An Offer

 

(D)    None


 

59)   Documents which are integral part of contracts

 

(A) GCC, SCC

 

(B) Specifications

 

(C) Schedule of rates, quantities

 

(D) All of the above

 

60)   In a Tender Committee of a particular department, the third member should be from

 

(A)    Finance Department

 

(B)    Vigilance Department

 

(C)    Sister Department

 

(D)      Same Department

 

61)   Pre-bid conference can be held for major projects tendering involving

 

(A) Complex situations & complicated specifications

 

(B) Tenders costing more than Rs. 10 Cr

 

(C) Tenders with two packet systems

 

(D) All of the above

 

62)   Two-member tender committee is applicable to

 

(A)    Rs.2 crores

 

(B)    Rs. 1 crore

 

(C)    Rs. 50 lakhs

 

(D)    None of the above

 

63)   Level of Tender Committee is decided based on the value of

 

(A) Tender

 

(B) Lowest offer received

 

(C) Valid lowest offer

 

(D) Highest offer

 

64)   The accepting authority of a Tender Committee recommendations should be

 

(A) One level above the level of T.C.

 

(B) Two levels above the level of T.C.

 

(C) Head of the Department

 

(D) None of the above

 

65)   ‘A’ category approval list of contractors monetary slab is

 

(A)    Upto Rs. 50 Lakhs

 

(B)    Rs. 50 lakhs to Rs. 1.5 Cr

 

(C)    Rs. 1.5 Cr to Rs. 7.5 Cr

 

(D)    Above Rs. 7.5 Cr

 

66)   PVC is not applicable for

 

(A) Zonal Contracts

 

(B) Works Tender valuing less than Rs. 5 Cr

 

(C) Service Tenders of less than 18 months period

 

(D) All of the above

 

67)   Revocation of termination of contract is possible

 

(A) With approval of Accepting authority

 

(B) With T.C. recommendations

 

(C) With approval of one step above the accepting authority

 

(D) With the approval of GM treating it as single tender


 

68)   Approval powers for appointment of Arbitrator rests with

 

(A) GM

 

(B) AGM

 

(C) PHOD

 

(D) All of the above

 

69)   AMC with OEM/Authorized dealer can be approved by

 

(A) PHOD

 

(B) GM/AGM

 

(C) DRM

 

(D) All of the above

 

70)   Cost of Tools & Plant worth Rs. 10 lakhs can be charged to

 

(A) Capital

 

(B) DF

 

(C) DRF

 

(D) Revenue

 

71)   DRMs can enter into Service Contracts up to a limit of

 

(A)    Rs. 50 Cr

 

(B)    Rs. 75 Cr

 

(C)    Rs. 100 Cr

 

(D)    Rs. 150 Cr

 

72)   Performance Guarantee percentage in Service Contracts

 

(A) 5%

 

(B) 10%

 

(C) 15%

 

(D) 20%

 

73)   Security deposit for Service Contracts

 

(A)    2.5%

 

(B)    5%

 

(C)    10%

 

(D)    None

 

74)   In SOP, if there is no mention regarding finance concurrence, then

 

(A) Finance concurrence is not required

 

(B) Finance concurrence is required

 

(C) Executive can decide on Finance concurrence

 

(D) None of the above

 

75)   Authority competent to grant extension of time for completion of contract

 

(A) Accepting authority

 

(B) Contract signing authority

 

(C) One level above accepting authority

 

(D) Executive concerned

 

76)   GM can sanction air travel on duty up to which level officer/staff

 

(A)    JAG

 

(B)    Sr. Scale

 

(C)    Jr. scale

 

(D)    Sr. Supervisor


 

77)   Pre investment appraisal of major projects is done through

 

(A) Abstract Estimate

 

(B) Surveys

 

(C) Supplementary Estimates

 

(D) Completion Estimates

 

78)   Expenditure on Surveys is chargeable to

 

(A)    Demand No. 82 (old Demand No. 2 of Rlys)

 

(B)    Demand No. 80

 

(C)    Demand No. 16

 

(D)    None of the above

 

79) Preliminary Survey is done for

 

(A)    Close Estimation and Probable cost of the project

 

(B)    Estimation of Traffic Projections

 

(C)    Determining technical feasibility

 

(D)    Selecting alignment feasibility

 

80) Traffic Survey is done for

 

(A)    Close Estimation and Probable cost of the project

 

(B)    Estimation of Traffic Projections

 

(C)    Determining technical feasibility

 

(D)    Selecting alignment feasibility

 

81) Reconnaissance Survey is done for

 

(A)    Close Estimation and Probable cost of the project

 

(B)    Estimation of Traffic Projections

 

(C)    Determining technical feasibility

 

(D)    Selecting alignment feasibility

 

82) Final location survey is conducted for

 

(A)    Close Estimation and Probable cost of the project

 

(B)    Estimation of Traffic Projections

 

(C)    Determining technical feasibility

 

(D)    Selecting alignment feasibility

 

83)   Unremunerative works required for operational efficiency to booked to

 

(A) DF-I

 

(B) DF-II

 

(C) DF-III

 

(D) DF-IV

 

84)   S&T works are charged to

 

(A)    DF-I

 

(B)    DF-II

 

(C)    DF-III

 

(D)    DF-IV

 

85)   Payments to the contractors for work done based on

 

(A) Bills claimed by the agency

 

(B) Measurement recorded in the Measurement Book

 

(C) Measurement recorded in Field Book

 

(D) None of the above


 

86)   Contractor is authorized to record measurements in a book called

 

(A) Field Book

 

(B) Contractor’s Measurement Book

 

(C) Contractor’s Ledger

 

(D) Measurement Book

 

87)   Currency of a sanctioned estimate for works

 

(A)    Normally 5 years from commencement of the work which is extendable

 

(B)    Two years

 

(C)    Ten years irrespective of whether work is commenced or not

 

(D)    None of the above

 

88)   Performance Guarantee for works has to be submitted within

 

(A) 90 days

 

(B) 60 days

 

(C) 45 days

 

(D) 30 days

 

89)   Performance Guarantee for service contracts can be submitted within

 

(A) 90 days

 

(B) 60 days

 

(C) 45 days

 

(D) 30 days

 

90)   New GCC for service contracts was introduced w.e.f

 

(A)    January 2018

 

(B)    November 2018

 

(C)    January 2019

 

(D)    November 2019

 

91) As per GCC of services, minimum technical eligibility criteria is

 

(A)    Successful completion of atleast one work of 35% value of work during last 3 years

 

(B)    Successful completion of atleast one work of 35% value of the work during last 7 years

 

(C)    Successful completion of two works of 50% value of the work during last 7 years

 

(D)    Successful completion of three works of 40% value of the work during last 7 years

 

92)   As per GCC of services, two packet system of tendering is to be adopted for tender valuing more than

 

(A)    Rs. 10 crores

 

(B)    Rs. 2 crores

 

(C)    Rs. 1 crore

 

(D)    Rs. 50 lakhs

 

93)   As per GCC of services, financial turnover criteria for tender is

 

(A)    150% during last 7 years

 

(B)  150% during last 3 years

 

(C)  150% during last 3 years plus 5% liquidity turnover

 

(D)   None of these


 

94)   In service contracts EMD will be

 

(A) Adjusted against security deposit

 

(B) Will be released on submitting Performance Guarantee

 

(C) Nil

 

(D) None of the above

 

95)   Price variation clause is not applicable to

 

(A)    Works costing less than Rs. 5 crore

 

(B)    Zonal contracts

 

(C)    Service Tenders of less than 18 months period

 

(D)    All of the above

 

96)   Security Deposit in works tenders

 

(A) Can be deposited in cash

 

(B) Can be deposited as a TDR

 

(C) Can be recovered at 10% of on-account bills

 

(D) All of the above

 

97)   Plan head 1700 denotes

 

(A)    Railway research & design

 

(B)    Payment of capital component of lease charges

 

(C)    Traction distribution works

 

(D)    Computerization

 

98)   Plan Head 2100 denotes

 

(A) Railway research & design

 

(B) Payment of capital component of lease charges

 

(C) Rolling stock

 

(D) Traction distribution works

 

99)   Plan Head 1800 denotes

 

(A)    Railway research and design

 

(B)    Payment of capital component of lease charges

 

(C)  Traction distribution works

 

(D)   Rolling stock

 

100) Plan Head 3700 denotes

 

(A)        Railway research and design

 

(B)        Payment of capital component of lease charges

 

(C)        Traction distribution works

 

(D)        Rolling stock

 

101) Payment of capital component of lease charges to IRFC etc is charged to

 

(A)        P-2210

 

(B)        P-2220

 

(C)        P-2230

 

(D)        None of the above

 

102) Plan Head 3500 denotes

 

(A)        New lines

 

(B)        Electrification

 

(C)        Doubling

 

(D)        Guage conversion


 

103) Plan Head 1100 denotes

 

(A)        New lines

 

(B)        Doubling

 

(C)        Guage conversion

 

(D)        Electrification

 

104) Plan Head 1400 denotes

 

(A)        New lines

 

(B)        Doubling

 

(C)        Guage conversion

 

(D)        Electrification

 

105) Plan Head 1500 denotes

 

(A)        New lines

 

(B)        Doubling

 

(C)        Guage conversion

 

(D)        Electrification

 

106) Plan Head 1600 denotes

 

(A)        New lines

 

(B)        Doubling

 

(C)        Guage conversion

 

(D)        Traffic facilities / yard remodelling works

 

107) Plan Head 3300 denotes

 

(A)        Pure signalling works

 

(B)        Track Renewals

 

(C)    Electrification

 

(D)   Traffic facility

 

108) Plan Head 3600 denotes

 

(A)        Pure signalling works

 

(B)        Track Renewals

 

(C)        Other Electrical works

 

(D)        Traffic facility

 

109) Plan Head 3100 denotes

 

(A)        Pure signalling works

 

(B)        Track Renewals

 

(C)        Other Electrical works

 

(D)        Traffic facility

 

110) Plan Head 4100 denotes

 

(A)        Staff Quarters

 

(B)        Staff Amenities

 

(C)        M&P

 

(D)        Other Electrical work

 

111) Plan Head 4200 denotes

 

(A)        New lines

 

(B)        M&P

 

(C)        Other Electrical works

 

(D)        Workshops


 

112) Plan Head 5100 denotes

 

(A)        Staff Quarters

 

(B)        Staff Amenities

 

(C)        Staff Welfare

 

(D)        Passenger Amenities

 

113) Plan Head 5200 denotes

 

(A)        Staff Quarters

 

(B)        Staff Amenities

 

(C)    Staff Welfare

 

(D)    Passenger Amenities

 

114) Plan Head 5300 denotes

 

(A)        Staff Quarters

 

(B)        Staff Amenities

 

(C)        Staff Welfare

 

(D)        Passenger Amenities

 

115) Plan Head 3200 denotes

 

(A)        Passenger Amenities

 

(B)        Other Specified works

 

(C)        Bridge works

 

(D)        Signal works

 

116) Plan Head 6400 denotes

 

(A)        Passenger Amenities

 

(B)        Other Specified works

 

(C)        Bridge works

 

(D)        Signal works

 

117) Major Head 3001 under Demand No. 83 of Central Government deals with

 

(A)        Erstwhile demands 1 and 2

 

(B)        Erstwhile demands 3 to 13

 

(C)        Erstwhile demand 16

 

(D)        Erstwhile demand 14 and 15

 

118) Major Head 3002 under Central Government deals with

 

(A)        Erstwhile demands 1 and 2

 

(B)        Erstwhile demands 3 to 13

 

(C)        Erstwhile demand 16

 

(D)        Erstwhile demand 14 and 15

 

119) Major Head 5002 under Central Government deals with

 

(A)          Erstwhile demands 1 and 2

 

(B)        Erstwhile demands 3 to 13

 

(C)        Erstwhile demand 16

 

(D)        Erstwhile demand 14 and 15

 

120) Expenditure on S&T works forming part of New lines is booked to

 

(A)        5300

 

(B)        1100

 

(C)        1600

 

(D)        3300


 

121) Expenditure on a new bypass line can be booked to capital, if ROR is

 

(A)        14%

 

(B)        12%

 

(C)        10%

 

(D)          8%

 

122) Unremunerative new Traffic facility work has to booked to

 

(A)        Capital

 

(B)        EBR

 

(C)        DF III

 

(D)        OLWR

 

123) Expenditure on provision of lifting barriers is booked at

 

(A)        2900

 

(B)        3300

 

(C)        3000

 

(D)        1100

 

124) Expenditure on Plan Heads 2900 and 3000 is met from

 

(A)        Safety fund

 

(B)        Capital Fund

 

(C)        DRF

 

(D)        SRSF

 

125) Expenditure on through Ballast renewals is charged to

 

(A)        DRF

 

(B)        Revenue

 

(C)        Safety fund

 

(D)        OLWR

 

126) Expenditure on increase in sleeper density is charged to

 

(A)        Revenue

 

(B)        OLWR

 

(C)        DRF

 

(D)        DF

 

127) Construction of new quarters is chargeable to

 

(A)        Capital

 

(B)        DF

 

(C)        DRF

 

(D)        Revenue

 

128) Rest houses for officers/supervisors is chargeable to

 

(A)        Staff Amenities

 

(B)        Other specified works

 

(C)    Staff Welfare

 

(D)    Revenue

 

129) Works related to Training Institutes, CTIs etc are budgeted through Plan Head

 

(A)        6400

 

(B)        6500

 

(C)        5200

 

(D)        5300


 

130) Railway Budget has been merged with Central Budget w.e.f

 

(A)        2017-18

 

(B)        2018-19

 

(C)        2019-20

 

(D)        2020-21

 

131) Operating expenditure of rolling stock is booked to which demand

 

(A)        7

 

(B)        8

 

(C)        10

 

(D)        11

 

132) Operating expenses of Fuel is booked to which demand

 

(A)        7

 

(B)        8

 

(C)        10

 

(D)        11

 

133) Revenue expenditure of RPF is booked to which demand

 

(A)        11

 

(B)        12

 

(C)        13

 

(D)        14

 

134) Expenditure on Pension and retirement benefits is booked to which demand

 

(A)        11

 

(B)        12

 

(C)        13

 

(D)        14

 

135) Expenditure on electrification of a private siding not expected to give ROR of

 

10% is booked to which demand

 

(A)        Capital

 

(B)        DF

 

(C)        Deposit terms

 

(D)        EBR

 

136) Major S&T projects ae charged to

 

(A)        Capital

 

(B)        DF

 

(C)        SRSF

 

(D)        DRF

 

137) Construction of new quarters is chargeable to

 

(A)        Capital

 

(B)        DF

 

(C)        DRF

 

(D)        SRSF

 

138) Cost of Passenger Amenities work is charged to

 

(A)        Capital

 

(B)        DF I RRSK

 

(C)        DF III

 

(D)        DRF


 

139) Cost of furniture required for new work is charged to

 

(A)        Same Plan Head to which the main work is charged

 

(B)        Other specified work

 

(C)        Revenue

 

(D)        None of the above

 

140) RSRK is being implemented w.e.f.

 

(A)        2017-18

 

(B)        2018-19

 

(C)        2019-20

 

(D)        2020-21

 

141) RSRK has been allocated a fund of Rs. _____ to be spent in e years for Railway

 

safety works

 

(A)        Rs. 1 lakh crore

 

(B)        Rs. 2 lakh crore

 

(C)        Rs. 3 lakh crore

 

(D)        Rs. 4 lakh crore

 

142)    Preliminary expenses on surveys, plans and drawings etc incurred after Abstract Estimate is approved is charged to

 

(A)        Demand No. 2

 

(B)        Separate work

 

(C)        Same project

 

(D)        If incurred separately Demand No. 2. Other shall be charged to same project

 

143)    Centralized Training Institutes for the purpose of budgeting under Demand No.2

 

(A)        IRIFM

 

(B)        IRISET

 

(C)        C-TARA, Audit

 

(D)        All of the above

 

144)   Items of expenditure placed under objection are cleared

 

(A)        When sanction is obtained from GM

 

(B)        When the executive request for withdrawal of the project

 

(C)        When sanction is obtained from competent authority

 

(D)        None of the above

 

145)   Cost of replacement of ballast with improved type of ballast is charged to

 

(A)        Capital

 

(B)        DRF

 

(C)        DF

 

(D)        Revenue

 

146)   Maximum standing EMD is

 

(A)        Rs. 15,000

 

(B)        Rs. 25,000

 

(C)        Rs. 50,000

 

(D)        Rs. 75,000


 

147) Primary Unit of allocation denotes

 

(A)        Nature of expenditure

 

(B)        Object of expenditure

 

(C)        Authority who has incurred the expenditure

 

(D)        None of the above

 

148) Revenue Allocation Register is maintained for

 

(A)        Knowing actual expenditure incurred

 

(B)        Budgetary control

 

(C)        Exchequer control

 

(D)        None of the above

 

149) The object of completion Report is

 

(A)        To know the actual cost of the work

 

(B)        To compare actual cost with sanctioned cost & regularize the same

 

(C)        To close the accounts of the work

 

(D)        None of these

 

150) Contingent expenditure means

 

(A)        Incidental to the management or upkeep of the office

 

(B)        Unforeseen expenditure during progress of work

 

(C)        Expenditure on rents, rates and taxes

 

(D)        None of these

 

151) These are classified as ‘contingent expenses’

 

(A)        Hot weather establishment

 

(B)        Staff employed for upkeep of office

 

(C)        Expenditure on postage stamps

 

(D)        All of the above

 

152) Specific contingencies include

 

(A)        Charges regulated by scales such as liveries to class IV staff

 

(B)        Charges / bills that require the counter signature of HODs

 

(C)        Unusual charges that require sanction of superior authority

 

(D)        All of the above

 

153)    The sale proceeds of of any land acquired at the cost of capital when sold credited to

 

(A)      Capital

 

(B)      DF

 

(C)      DRF

 

(D)      None of the above

 

154) he capital component of IRFC lease charges is debited to

 

(A)        Capital

 

(B)        Capital Fund

 

(C)        DF

 

(E)        DRF

 

155)    155. The amount out of surplus after appropriation to Development Fund is credited to

 

(A)        Capital Fund

 

(B)        Capital

 

(C)        DF

 

(D)        None of the above


 

156)    The cost of procurement of small items of equipment costing below Rs. 3 lakh is debited to

 

(A)        Capital

 

(B)        DF

 

(C)        Revenue

 

(D)        None of the above

 

157)    The cost of replacement of ballast involving improved type of ballast is debited to

 

(A)        Capital

 

(B)        DRF

 

(C)        DF

 

(D)        Revenue

 

158)   The cost of replacement of a work charged to Revenue is debited to

 

(A)        Revenue

 

(B)        DF

 

(C)        DRF

 

(D)        Capital

 

159)    The cost of new works of Passenger Amenity irrespective of monetary limit is debited to

 

(A)        Revenue

 

(B)        DF

 

(C)        DRF

 

(D)        Capital

 

160)   The cost of computerization of Passenger Reservation system is charged to

 

(A)        Revenue

 

(B)        DF

 

(C)        Passenger Amenity

 

(D)        None of the above

 

161)   Arrangements of drinking water at stations is placed under which category

 

(A)        Passenger Amenity

 

(B)        Other Railway user amenities

 

(C)        Labour Welfare work

 

(D)        None of the above

 

162)   Expenditure on COVID 19 is booked to

 

(A)        Capital

 

(B)        DRF

 

(C)        MAR (X)

 

(D)        MAR (E)

 

163)   Improvements and alterations to existing quarters are known as

 

(A)        Staff quarters

 

(B)        Labour Welfare works

 

(C)        Staff Amenities

 

(D)        None of the above


 

164) Improvement in water supply at stations for loco traffic purpose is a

 

(A)        Labour Welfare works

 

(B)        Unremunerative Project for Improvement of operational efficiency

 

(C)        Passenger Amenity

 

(D)        None of the above

 

165)    Improvements to existing stations buildings, sheds, godowns etc comes under the category of

 

(A)        Unremunerative projects

 

(B)        Staff Welfare

 

(C)        Staff Amenities

 

(D)        None of the above

 

166) Development Fund is credited with

 

(A)        The amount transferred to it from Railway Reserve Fund

 

(B)        The amount of interest earned on the balance of the fund

 

(C)        (a) and (b) above

 

(D)        None of the above

 

167) Spares for Electric locomotive costing more than Rs. 1 lakh is charged to

 

(A)        Capital

 

(B)        DF

 

(C)        DRF

 

(D)        Revenue

 

168) The cost of repairing the track damages due to floods, accidents is charged to

 

(A)        Capital

 

(B)        DRF

 

(C)        Revenue

 

(D)        None of the above

 

169) Replacement of second hand rails put on line with new one is charged to

 

(A)        Capital

 

(B)        DRF

 

(C)        DF

 

(D)        None of the above

 

170)    Cost of small fittings provided to locos which are incidental to the work is charged to

 

(A)        Revenue

 

(B)        DRF

 

(C)        DF

 

(D)        Capital

 

171)   Cost of conversion of locomotive to super-heated steam is charged to

 

(A)        Revenue

 

(B)        DRF

 

(C)        DF

 

(D)        Capital

 

172)   The expenditure on ceremonial occasions is charged to

 

(A)        Revenue

 

(B)        DRF

 

(C)        DF

 

(D)        Capital


 

173) Cost of an asset transferred from construction to open line should be

 

(A)        Written back

 

(B)        No action required

 

(C)        Charged to Development Fund

 

(D)        None of the above

 

174) The estimated life of a rail is

 

(A)        30 years

 

(B)        40 years

 

(C)        50 years

 

(D)        60 years

 

175) The scrap value of a rail is what percentage of cost of new rail

 

(A)        30%

 

(B)        40%

 

(C)        50%

 

(D)        60%

 

176) The original cost of abandoned work will be written back to

 

(A)        Development Fund

 

(B)        Remaining at debit of Capital

 

(C)        Revenue

 

(D)        None of the above

 

177) The land adjacent to the steam is known as

 

(A)        Delta land

 

(B)        Riparian land

 

(C)        Wet land

 

(D)        None of the above

 

178)    A return of six percent on the market value of the land as assessed by local revenue authorities should be treated as

 

(A)        Standard Rent

 

(B)        Lease charges

 

(C)        Abnormal rent

 

(D)        None of the above

 

179)      Permission granted for limited use of Railway land is called

 

(A)        Licensing of land

 

(B)        Leasing of land

 

(C)        Way leave facility

 

(D)        None of the above

 

180)    The minimum width of a passage or road to be treated as ‘licensing’ is

 

(A)        10 meters

 

(B)        5 meters

 

(C)        3 meters

 

(D)        2 meters

 

181)   The net receipts from management of land is credited to

 

(A)        Capital

 

(B)        DF

 

(C)        Revenue

 

(D)        Sundry earnings


 

182)    Works required to safeguard the property or repair the damaged track due to floods etc are done through

 

(A)        Calling for tender

 

(B)        Urgency Certificate

 

(C)        Limited Tender

 

(D)        None of the above

 

183)    Introduction of a new station or omission of any station in the estimate is treated as

 

(A)        Single Tender

 

(B)        Material Modification

 

(C)        Passenger Amenity

 

(D)        Operational requirement

 

184)    The percentage of Test check to be done by AEN/XEN in measurement of ballast, Earth work etc is

 

(A)        100%

 

(B)        75%

 

(C)        60%

 

(D)        50%

 

185)    General Manager is competent to sanction a railway asset costing below Rs. 3 lakh

 

(A)        Yes

 

(B)        No

 

186)    Similar works grouped as one and sanctioned by the Board with lumpsum in works programme are called

 

(A)        Lumpsum work

 

(B)        Umberalla work

 

(C)        Itemised work

 

(D)        None of the above

 

187)    Sanctioned works costing below Rs. 2.5 crore are exhibited in the Pink Book under the heading

 

(A)        Itemised works

 

(B)        List of Approved works

 

(C)        Lumpsum work

 

(D)        None of the above

 

 

188)    List of works sanctioned under Special Railway Safety Fund (SRSF) are exhibited in

 

(A)        Pink Book

 

(B)        Green Book

 

(C)        Yellow Book

 

(D)      None of the above


 

 

 

 

Answer key

 

1A

2B

3B

4C

5A

6A

7C

8B

9A

10B

11B

12A

13A

14C

15B

16A

17B

18A

19A

20B

21A

22B

23A

24A

25C

26D

27B

28D

29D

30A

31A

32A

33C

34D

35D

36B

37B

38A

39A

40B

41C

42B

43C

44D

45B

46B

47A

48A

49B

50C

51A

52D

53D

54D

55C

56C

57C

58B

59D

60C

61A

62D

63C

64A

65C

66D

67D

68A

69A

70D

71C

72B

73D

74B

75B

76C

77B

78A

79A

80B

81C

82D

83C

84D

85B

86B

87A

88B

89A

90A

91A

92D

93C

94B

95D

96D

97D

98C

99A

100C

101C

102B

103A

104C

105B

106D

107A

108C

109B

110C

111D

112A

113B

114D

115C

116B

117A

118B

119C

120B

121C

122C

123A

124A

125A

126C

127A

128B

129B

130A

131C

132C

133B

134C

135C

136A

137A

138B

139A

140A

141A

142D

143D

144C

145B

146B

147B

148B

149B

150A

151D

152D

153A

154B

155A

156C

157B

158B

159B

160C

161B

162C

163B

164B

165A

166C

167A

168C

169B

170A

171A

172A

173A

174D

175B

176B

177B

178A

179C

180C

181D

182B

183B

184A

185A

186B

187B

188B

 

 

 

 

 


 

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