💙ADVANCES (100 MCQs) (Includes calculation-based + scenario questions

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💙ADVANCES (100 MCQs)

(Includes calculation-based + scenario questions — Govt Advances like HBA, Festival, Computer, etc.)

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1. Advance is:
   A) Grant
   B) Loan recoverable from salary
   C) Allowance
   D) Bonus
   Answer: B
2. Advances are governed by:
   A) FR/SR
   B) Govt rules/orders
   C) IPC
   D) CPC
   Answer: B
3. Interest-bearing advance includes:
   A) Festival advance
   B) HBA
   C) LTC advance
   D) TA advance
   Answer: B
4. Festival advance is:
   A) Interest-bearing
   B) Interest-free
   C) Optional
   D) Conditional
   Answer: B
5. House Building Advance (HBA) is:
   A) Interest-free
   B) Interest-bearing
   C) Grant
   D) Bonus
   Answer: B
6. Advance recovery starts from:
   A) Same month
   B) Next month
   C) After 3 months
   D) Optional
   Answer: B
7. Advance is sanctioned by:
   A) Employee
   B) Competent authority
   C) Auditor
   D) Court
   Answer: B
8. Festival advance maximum (typical) is:
   A) ₹5,000
   B) ₹10,000
   C) ₹20,000
   D) ₹25,000
   Answer: B
9. Computer advance is:
   A) Interest-free
   B) Interest-bearing
   C) Grant
   D) Bonus
   Answer: B
10. LTC advance is adjusted against:
    A) Salary
    B) Travel claim
    C) Pension
    D) Bonus
    Answer: B
11. Advance is recovered through:
    A) Cash
    B) Salary deduction
    C) Bank
    D) Audit
    Answer: B
12. Advance requires:
    A) No approval
    B) Sanction
    C) Audit
    D) Court
    Answer: B
13. Recovery period is:
    A) Fixed
    B) Prescribed
    C) Optional
    D) Arbitrary
    Answer: B
14. Advance can be granted for:
    A) Marriage
    B) Education
    C) Medical
    D) All
    Answer: D
15. Interest on advance is calculated on:
    A) Original amount
    B) Reducing balance
    C) Flat rate
    D) Bonus
    Answer: B
16. Principal recovery is followed by:
    A) Interest recovery
    B) Bonus
    C) Allowance
    D) None
    Answer: A
17. Advance cannot exceed:
    A) Pay limit
    B) Eligibility
    C) Both
    D) None
    Answer: C
18. Recovery must ensure:
    A) Hardship
    B) Affordability
    C) Delay
    D) Bonus
    Answer: B
19. Advance is part of:
    A) Salary
    B) Financial assistance
    C) Pension
    D) Allowance
    Answer: B
20. Advance records maintained by:
    A) Accounts
    B) HR
    C) Both
    D) None
    Answer: C

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21. Festival advance ₹10,000 recovered in 10 months → monthly deduction:
    A) ₹1,000
    B) ₹900
    C) ₹800
    D) ₹1,200
    Answer: A
22. Advance ₹50,000 recovered in 25 months → monthly:
    A) ₹2,000
    B) ₹2,500
    C) ₹1,500
    D) ₹3,000
    Answer: A
23. HBA ₹5,00,000 @ 8% → interest depends on:
    A) Time
    B) Balance
    C) Both
    D) None
    Answer: C
24. Advance ₹60,000 recovered in 20 months → monthly:
    A) ₹3,000
    B) ₹2,000
    C) ₹4,000
    D) ₹2,500
    Answer: A
25. Interest ₹10,000 recovered in 10 months → monthly:
    A) ₹1,000
    B) ₹900
    C) ₹800
    D) ₹1,200
    Answer: A
26. Principal ₹1,20,000 recovered in 24 months → monthly:
    A) ₹5,000
    B) ₹6,000
    C) ₹4,000
    D) ₹3,000
    Answer: A
27. Advance ₹24,000 → 12 months recovery → monthly:
    A) ₹2,000
    B) ₹1,500
    C) ₹1,000
    D) ₹2,500
    Answer: A
28. Interest-free advance ₹12,000 → 12 months → total deduction:
    A) ₹12,000
    B) ₹10,000
    C) ₹14,000
    D) ₹15,000
    Answer: A
29. Advance ₹80,000 → 20 months → monthly:
    A) ₹4,000
    B) ₹3,000
    C) ₹5,000
    D) ₹2,000
    Answer: A
30. HBA interest calculated on:
    A) Flat
    B) Reducing balance
    C) Fixed
    D) Bonus
    Answer: B
31. Principal recovery completed first, then:
    A) Interest
    B) Bonus
    C) Allowance
    D) None
    Answer: A
32. Advance ₹30,000 → 15 months → monthly:
    A) ₹2,000
    B) ₹3,000
    C) ₹1,500
    D) ₹2,500
    Answer: A
33. Advance ₹90,000 → 30 months → monthly:
    A) ₹3,000
    B) ₹4,000
    C) ₹2,000
    D) ₹5,000
    Answer: A
34. Interest ₹6,000 → 12 months → monthly:
    A) ₹500
    B) ₹600
    C) ₹400
    D) ₹700
    Answer: A
35. Advance ₹1,00,000 → 25 months → monthly:
    A) ₹4,000
    B) ₹5,000
    C) ₹3,000
    D) ₹2,000
    Answer: A
36. Advance ₹36,000 → 18 months → monthly:
    A) ₹2,000
    B) ₹1,500
    C) ₹3,000
    D) ₹2,500
    Answer: A
37. Festival advance ₹10,000, interest:
    A) Yes
    B) No
    C) Partial
    D) Conditional
    Answer: B
38. HBA interest starts from:
    A) Date of sanction
    B) Date of payment
    C) Date of recovery
    D) Completion
    Answer: B
39. Advance recovery stops when:
    A) Transfer
    B) Retirement
    C) Leave
    D) None
    Answer: B
40. Advance ₹48,000 → 24 months → monthly:
    A) ₹2,000
    B) ₹3,000
    C) ₹4,000
    D) ₹1,500
    Answer: A
41. Interest is calculated:
    A) Monthly
    B) Yearly
    C) Both
    D) None
    Answer: A
42. Advance ₹72,000 → 36 months → monthly:
    A) ₹2,000
    B) ₹3,000
    C) ₹4,000
    D) ₹1,500
    Answer: A
43. Advance ₹25,000 → 25 months → monthly:
    A) ₹1,000
    B) ₹2,000
    C) ₹1,500
    D) ₹800
    Answer: A
44. Advance ₹15,000 → 15 months → monthly:
    A) ₹1,000
    B) ₹1,500
    C) ₹2,000
    D) ₹500
    Answer: A
45. Interest calculated reduces as:
    A) Balance reduces
    B) Balance increases
    C) Fixed
    D) None
    Answer: A
46. Advance ₹2,40,000 → 60 months → monthly:
    A) ₹4,000
    B) ₹5,000
    C) ₹3,000
    D) ₹2,000
    Answer: A
47. Advance ₹18,000 → 9 months → monthly:
    A) ₹2,000
    B) ₹1,500
    C) ₹1,000
    D) ₹500
    Answer: A
48. Advance ₹1,50,000 → 30 months → monthly:
    A) ₹5,000
    B) ₹4,000
    C) ₹3,000
    D) ₹2,000
    Answer: A
49. Interest-free advance total repayment =
    A) Principal only
    B) Principal + interest
    C) Interest only
    D) None
    Answer: A
50. Advance ₹60,000 → 12 months → monthly:
    A) ₹5,000
    B) ₹4,000
    C) ₹3,000
    D) ₹2,000
    Answer: A

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51. Advance recovery priority is:
    A) Principal first
    B) Interest first
    C) Both
    D) None
    Answer: A
52. Advance can be rescheduled:
    A) Yes
    B) No
    C) Partial
    D) Conditional
    Answer: D
53. Advance default leads to:
    A) Penalty
    B) Recovery
    C) Both
    D) None
    Answer: C
54. Advance is part of:
    A) Financial management
    B) HR
    C) Both
    D) None
    Answer: C
55. Advance is recorded in:
    A) Service book
    B) Ledger
    C) Both
    D) None
    Answer: C
56. Advance affects:
    A) Salary
    B) Net pay
    C) Both
    D) None
    Answer: C
57. Advance rules ensure:
    A) Discipline
    B) Control
    C) Both
    D) None
    Answer: C
58. Advance sanction depends on:
    A) Eligibility
    B) Pay
    C) Both
    D) None
    Answer: C
59. Advance misuse leads to:
    A) Penalty
    B) Bonus
    C) Promotion
    D) None
    Answer: A
60. Advance is:
    A) Right
    B) Facility
    C) Benefit
    D) None
    Answer: B
61. Advance is audited by:
    A) Audit
    B) Accounts
    C) Both
    D) None
    Answer: C
62. Advance records must be:
    A) Accurate
    B) Updated
    C) Both
    D) None
    Answer: C
63. Advance helps in:
    A) Emergency
    B) Welfare
    C) Both
    D) None
    Answer: C
64. Advance is linked to:
    A) Salary
    B) Service
    C) Both
    D) None
    Answer: C
65. Advance is refundable:
    A) Yes
    B) No
    C) Partial
    D) Conditional
    Answer: A
66. Advance recovery ensures:
    A) Control
    B) Compliance
    C) Both
    D) None
    Answer: C
67. Advance system is:
    A) Regulated
    B) Unregulated
    C) Optional
    D) None
    Answer: A
68. Advance ensures:
    A) Liquidity
    B) Support
    C) Both
    D) None
    Answer: C
69. Advance is:
    A) Short-term liability
    B) Long-term
    C) Both
    D) None
    Answer: A
70. Advance affects:
    A) Financial planning
    B) Budget
    C) Both
    D) None
    Answer: C
71. Advance is controlled by:
    A) Rules
    B) Authority
    C) Both
    D) None
    Answer: C
72. Advance can be refused:
    A) Yes
    B) No
    C) Partial
    D) Conditional
    Answer: A
73. Advance is part of:
    A) Govt benefits
    B) Salary
    C) Pension
    D) None
    Answer: A
74. Advance system ensures:
    A) Welfare
    B) Discipline
    C) Both
    D) None
    Answer: C
75. Advance interest ensures:
    A) Cost recovery
    B) Profit
    C) Bonus
    D) None
    Answer: A
76. Advance is recoverable even after:
    A) Transfer
    B) Promotion
    C) Both
    D) None
    Answer: C
77. Advance stops on:
    A) Death
    B) Retirement
    C) Both
    D) None
    Answer: C
78. Advance is liability for:
    A) Employee
    B) Govt
    C) Both
    D) None
    Answer: A
79. Advance helps in:
    A) Welfare
    B) Emergency
    C) Both
    D) None
    Answer: C
80. Advance must follow:
    A) Rules
    B) Audit
    C) Both
    D) None
    Answer: C
81. Advance errors impact:
    A) Recovery
    B) Accounts
    C) Both
    D) None
    Answer: C
82. Advance records verified by:
    A) Audit
    B) Accounts
    C) Both
    D) None
    Answer: C
83. Advance ensures:
    A) Financial support
    B) Stability
    C) Both
    D) None
    Answer: C
84. Advance system is:
    A) Transparent
    B) Controlled
    C) Both
    D) None
    Answer: C
85. Advance ensures:
    A) Accountability
    B) Control
    C) Both
    D) None
    Answer: C
86. Advance must be:
    A) Approved
    B) Recorded
    C) Both
    D) None
    Answer: C
87. Advance is part of:
    A) Financial discipline
    B) Welfare
    C) Both
    D) None
    Answer: C
88. Advance recovery affects:
    A) Net salary
    B) Gross salary
    C) Both
    D) None
    Answer: A
89. Advance system ensures:
    A) Compliance
    B) Discipline
    C) Both
    D) None
    Answer: C
90. Advance is:
    A) Temporary facility
    B) Permanent
    C) Both
    D) None
    Answer: A
91. Advance must be justified by:
    A) Purpose
    B) Need
    C) Both
    D) None
    Answer: C
92. Advance misuse leads to:
    A) Penalty
    B) Recovery
    C) Both
    D) None
    Answer: C
93. Advance is subject to:
    A) Audit
    B) Rules
    C) Both
    D) None
    Answer: C
94. Advance records must be:
    A) Accurate
    B) Verified
    C) Both
    D) None
    Answer: C
95. Advance ensures:
    A) Welfare
    B) Support
    C) Both
    D) None
    Answer: C
96. Advance system is:
    A) Mandatory
    B) Optional
    C) Conditional
    D) None
    Answer: A
97. Advance helps in:
    A) Financial planning
    B) Emergency
    C) Both
    D) None
    Answer: C
98. Advance is governed by:
    A) Rules
    B) Orders
    C) Both
    D) None
    Answer: C
99. Advance is part of:
    A) Service benefits
    B) Financial system
    C) Both
    D) None
    Answer: C
100. Advance ultimately ensures:
     A) Support
     B) Control
     C) Welfare
     D) All
     Answer: D