IIGAA KAC1_LOWER 04

Paper: Introduction to the Indian Government Accounts and Audit (Paper III) 
Medium of Question: English 
Date of Examination 24-03-2019 


Question1:-Statement of facts relating to money on _________________ are called accounts 

 A:-Government 

 B:-Profit 

 C:-Things having money value 

 D:-Balance sheet 

 Correct Answer:- Option-C 


Question2:-Audit is used an an instrument of financial control by _____________. 

 A:-Government 

 B:-Head of Department 

 C:-C & AG 

 D:-Legislature 

 Correct Answer:- Option-C 


Question3:-State share of Service Tax collected by state forms a part of the ____________ of the state 

 A:-Consolidated fund 

 B:-Public fund 

 C:-Public account 

 D:-None of the above 

 Correct Answer:- Option-A 


Question4:-Article ______________ of the Constitution of India deals with the duties and powers of the C & AG of India. 

 A:-194 

 B:-149 

 C:-158 

 D:-193 

 Correct Answer:- Option-B 


Question5:-As per the provisions of the constitution contingency found of the state will be at the disposal of the ____________. 

 A:-President of India 

 B:-State Finance Minister 

 C:-The Governor of the State 

 D:-Chief Minister 

 Correct Answer:- Option-C 


Question6:-Ways and means of Government means ______________. 

 A:-Income 

 B:-Expenditure 

 C:-Overdraft 

 D:-The method of maintaining the daily cash balance 

 Correct Answer:- Option-D 


Question7:-Regularity Audit is a function of the ___________. 

 A:-Finance Department 

 B:-Chartered Accountant 

 C:-The C & AG of India 

 D:-None of the above 

 Correct Answer:- Option-C 


Question8:-The _____________ of India consists of coins issued under the Indian Coinage Act 1906. 

 A:-Coins 

 B:-Bank notes 

 C:-Currency 

 D:-Rupee 

 Correct Answer:- Option-C 


Question9:-___________ issued by Reserve Bank of India are legal tender throughout India. 

 A:-Pronotes 

 B:-Bills 

 C:-Pay orders 

 D:-Bank notes 

 Correct Answer:- Option-D 


Question10:-The Rupee is ______________ up to any amount. 

 A:-Overdraft 

 B:-Legal tender 

 C:-Cash credit 

 D:-Bills of Exchange 

 Correct Answer:- Option-B 


Question11:-_____________ issued one rupee notes in India. 

 A:-RBI 

 B:-SBI 

 C:-Central Government 

 D:-State Government 

 Correct Answer:- Option-C 


Question12:-Article 268 of the Constitution deals with ______________. 

 A:-Stamp Duty 

 B:-Income Tax 

 C:-Sales Tax 

 D:-Wealth Tax 

 Correct Answer:- Option-A 


Question13:-As per Article 270 of the constitution a percentage of the net proceeds of _____________ is assigned to the states. 

 A:-GST 

 B:-Sales Tax 

 C:-Income Tax 

 D:-Wealth Tax 

 Correct Answer:- Option-C 


Question14:-1st April to 31st March is the __________ in India. 

 A:-Statutory period 

 B:-Period of Accounts 

 C:-Legal period 

 D:-None of the above 

 Correct Answer:- Option-B 


Question15:-In India _____________ are kept on cash basis. 

 A:-Bank Accounts 

 B:-Personal Accounts 

 C:-Corporation Accounts 

 D:-Government Accounts 

 Correct Answer:- Option-D 


Question16:-The expenditure made with the object of ___________ of material character is termed as capital expenditure. 

 A:-increasing perishable assets 

 B:-increasing concrete assets 

 C:-increasing current assets 

 D:-none of the above 

 Correct Answer:- Option-B 


Question17:-The ___________ of a Government servant proceeding to join an office on transfer be debited to the office to which he is proceeding. 

 A:-Transit pay and allowances 

 B:-Dearness pay 

 C:-Arrear of pay 

 D:-None of the above 

 Correct Answer:- Option-A 


Question18:-The ____________ of a Government Servant shall be debited to the same head as pay. 

 A:-Pension 

 B:-DCRG 

 C:-Travelling Allowance 

 D:-None of the above 

 Correct Answer:- Option-C 


Question19:-The cost of ______________ taken up by acquisition of a new project shall be debited to capital account of the project. 

 A:-Administrative sanction 

 B:-Technical sanction 

 C:-Land 

 D:-None of the above 

 Correct Answer:- Option-C 


Question20:-Municipal rates and taxes on government buildings paid by PWD may be debited to the __________ of the building concerned. 

 A:-Capital 

 B:-Revenue 

 C:-Maintenance estimate 

 D:-None of the above 

 Correct Answer:- Option-C 

Question21:-____________ is a Department recognized by the Central Government as commercial. 

 A:-Education 

 B:-Health 

 C:-Railways 

 D:-Defence 

 Correct Answer:- Option-C 

Question22:-As a general rule recoveries from _____________ be treated as revenue and not as deduction from expenditure. 

 A:-Private persons 

 B:-Employees 

 C:-Other governments 

 D:-Debtors 

 Correct Answer:- Option-A 

Question23:-The acceptance of __________ shall be regarded as a loss of cash. 

 A:-Bank Notes 

 B:-Counterfeit Coins 

 C:-Pay Orders 

 D:-Cash Orders 

 Correct Answer:- Option-B 

Question24:-Forest revenue is an example of _____________. 

 A:-Direct Tax 

 B:-Indirect Tax 

 C:-Non-Tax Receipts 

 D:-None of the above 

 Correct Answer:- Option-C 

Question25:-Executive Government is responsible for enforcing ______________ in the expenditure of Public Money. 

 A:-Economy 

 B:-Speed 

 C:-Balance 

 D:-None of the above 

 Correct Answer:- Option-A 

Question26:-Audit against regularity ensures _______________ in Governmental expenditure. 

 A:-Rule of Law 

 B:-Propriety 

 C:-Economy 

 D:-Efficiency 

 Correct Answer:- Option-A 

Question27:-The Audit will scrutiny the ______________ to see that they are not inconsistent with any provisions of the constititution. 

 A:-Accounts 

 B:-Rules and Orders 

 C:-Monthly Accounts 

 D:-Ledger Accounts 

 Correct Answer:- Option-B 

Question28:-The Audit will investigate the ____________ of Government expenditure in Propriety Audit. 

 A:-Rules 

 B:-Laws 

 C:-Necessity 

 D:-None of the above 

 Correct Answer:- Option-C 

Question29:-_______________ is the practical systematic management of the affairs of a project or scheme which assures minimum operating cost for carrying out functions and responsibilities.  A:-Economy 

 B:-Management 

 C:-Performance 

 D:-Administration 

 Correct Answer:- Option-A 

Question30:-The audit of the initial accounts maintained in certain Government institutions and offices on the spot is called ____________. 

 A:-Annual Audit 

 B:-Local Audit 

 C:-Internal Audit 

 D:-None of the above 

 Correct Answer:- Option-B 

Question31:-____________ of State commercial enterprises is an example of Non-Tax Revenues. 

 A:-Products 

 B:-Sales 

 C:-Services 

 D:-Surpluses 

 Correct Answer:- Option-D 

Question32:-The __________ to conduct Receipt Audit is the C & AG in India. 

 A:-Obligation 

 B:-Statutory Authority 

 C:-Liability 

 D:-None of the above 

 Correct Answer:- Option-B 

Question33:-_____________ is an example of State-Direct-Taxes. 

 A:-Income Tax 

 B:-Gift Tax 

 C:-Estate Duty 

 D:-Agricultural Income Tax 

 Correct Answer:- Option-D 

Question34:-Interpretation of ____________ is a Judicial function. 

 A:-Accounts 

 B:-Balance sheet 

 C:-Law 

 D:-None of the above 

 Correct Answer:- Option-C 

Question35:-It is not the duty of Audit to review a _____________ decision. 

 A:-Account 

 B:-Ledger 

 C:-Balance 

 D:-Judicial 

 Correct Answer:- Option-D 

Question36:-_____________ frame one grant or appropriation to another grant or appropriation are not permissible. 

 A:-Transfers 

 B:-Deductions 

 C:-Reappropriations 

 D:-None of the above 

 Correct Answer:- Option-C 

Question37:-For purposes of Public Works administration ____________ is generally divided into circles. 

 A:-India 

 B:-Districts 

 C:-States 

 D:-None of the above 

 Correct Answer:- Option-C 

Question38:-The list of ___________ employed daily on work is recorded in Master roll. 

 A:-Materials 

 B:-Officers 

 C:-Engineers 

 D:-Labourers 

 Correct Answer:- Option-D 

Question39:-Measurement Book is an initial account in the Public Works Department which is the basis of all accounts of ___________. 

 A:-Cash 

 B:-Materials 

 C:-Employees 

 D:-Quantities 

 Correct Answer:- Option-D 

Question40:-Works abstract records in detail the ____________, stock and other charges on each work. 

 A:-Cash 

 B:-Material 

 C:-Bank 

 D:-None of the above 

 Correct Answer:- Option-A 

Question41:-A properly detailed _____________ is prepared for each work to be sanctioned by the competent authority. This sanction is known as Technical sanction. 

 A:-Drawing 

 B:-Plan 

 C:-Estimate 

 D:-Description 

 Correct Answer:- Option-C 

Question42:-Unpriced articles in stores means materials required for ___________ purpose of an office. 

 A:-Audit 

 B:-Administrative 

 C:-Technical 

 D:-Ministerial 

 Correct Answer:- Option-B 

Question43:-In Kerala the General Provident Fund Accounts of _____________ are maintained by 

 A:-Workers 

 B:-Government Servants 

 C:-Labourers 

 D:-None of the above 

 Correct Answer:- Option-B 

Question44:-Accounts returns of subdivisional officers are generally examined by ___________. 

 A:-Divisional Accountant 

 B:-Divisional Officer 

 C:-Head Clerk 

 D:-Executive Engineer 

 Correct Answer:- Option-A 

Question45:-The method of charging depreciation will be fixed by Executive after consultation with _____________. 

 A:-Government 

 B:-Audit 

 C:-Engineer 

 D:-None of the above 

 Correct Answer:- Option-B 

Question46:-The interest charges on capital outlay are classified ordinarily under the ____________ of account. 

 A:-General Head 

 B:-Interest Head 

 C:-Loan Head 

 D:-None of the above 

 Correct Answer:- Option-A 

Question47:-The Accountant General (A & E) maintains the Leave account of ____________. 

 A:-Government Officers 

 B:-Gazetted Government Servant 

 C:-Head of Department 

 D:-Head of Office 

 Correct Answer:- Option-B 

Question48:-The term _____________ applies to generally all articles and materials purchased for use of Government. 

 A:-Materials 

 B:-Stock 

 C:-Stores 

 D:-None of the above 

 Correct Answer:- Option-C 

Question49:-A fresh pay slip is issued by the Accountant General (A & E) to a Gazetted Officer __________. 

 A:-on retirement 

 B:-on termination 

 C:-on conviction 

 D:-whenever there is a change of any kind in emoluments 

 Correct Answer:- Option-D 

Question50:-Entitlement function of Accountant General includes_____________. 

 A:-Local Audit 

 B:-Test Check 

 C:-Authorisation of Pay and Allowances 

 D:-None of the above 

 Correct Answer:- Option-C 

Question51:-_____________ is payable to a Government servant on his retirement. 

 A:-DCRG 

 B:-Increment 

 C:-Leave commutation 

 D:-None of the above 

 Correct Answer:- Option-A 

Question52:-A joint pension payment order is issued by the Accountant General when _____________. 

 A:-Retirement 

 B:-Termination 

 C:-Suspension 

 D:-Both Pension and Family Pension are reported 

 Correct Answer:- Option-D 

Question53:-Receipt and Payment of money to ______________ is regulated by Article 283 of the Constitution. 

 A:-State Bank 

 B:-Reserve Bank 

 C:-Consolidated Fund 

 D:-Treasury 

 Correct Answer:- Option-C 

Question54:-Pension payment orders are issued both to the ___________ and to the Treasury. 

 A:-Officer 

 B:-Employee 

 C:-Government 

 D:-Pensioner 

 Correct Answer:- Option-D 

Question55:-_____________ keeps two separate accounts of cash transactions undertaken by it on behalf of State Government and Central Government. 

 A:-Indian Bank 

 B:-State Bank 

 C:-Reserve Bank 

 D:-Bank of India 

 Correct Answer:- Option-C 

Question56:-The Accounts maintained by _____________ of Government to get the operation result is called Proforma Accounts. 

 A:-Finance Department 

 B:-Service Departments 

 C:-Commercial Undertakings 

 D:-Medical Departments 

 Correct Answer:- Option-C 

Question57:-The _____________ Department is a commercial department for Accounting purpose. 

 A:-Taxes 

 B:-Revenue 

 C:-Agriculture 

 D:-State Water Transport 

 Correct Answer:- Option-D 

Question58:-The _____________ of Government, kept in India shall be maintained in Indian Currency. 

 A:-Notes 

 B:-Accounts 

 C:-Deposits 

 D:-Assets 

 Correct Answer:- Option-B 

Question59:-The ___________ Accounts shall be kept in three parts. 

 A:-RBI 

 B:-SBI 

 C:-Government 

 D:-Rural Bank 

 Correct Answer:- Option-C 

Question60:-The three main divisions of consolidated fund are (a) ____________ (b) Capital (c) Debt. 

 A:-Public debt 

 B:-Revenue 

 C:-Government debt 

 D:-Per capita debt 

 Correct Answer:- Option-B 

Question61:-The main _____________ in the government accounts shall be major head. 

 A:-Point of classification 

 B:-Object of classification 

 C:-System of classification 

 D:-Unit of classification 

 Correct Answer:- Option-D 

Question62:-The change of nomenclature of any of the existing heads shall require the approval of the _____________. 

 A:-Chief Minister 

 B:-C & AG 

 C:-Legislature 

 D:-None of the above 

 Correct Answer:- Option-B 

Question63:-Expenditure which under the provisions of the Constitution is subject to the vote of the _____________ is called Voted Expenditure. 

 A:-People 

 B:-Legislature 

 C:-Employees 

 D:-None of the above 

 Correct Answer:- Option-B 

Question64:-The Indian Audit and Account Order was issued during _____________. 

 A:-1936 

 B:-1926 

 C:-1946 

 D:-1956 

 Correct Answer:- Option-A 

Question65:-Expenditure for purchase of _____________ are Revenue expenditure. 

 A:-Land 

 B:-Computers 

 C:-Building 

 D:-Gold 

 Correct Answer:- Option-B 

Question66:-Expenditure by Government on ______________ to Local Bodies for the purpose of creating assets are Revenue Expenditure. 

 A:-Budget 

 B:-Grants-in-aid 

 C:-Appropriation 

 D:-Voted Grant 

 Correct Answer:- Option-B 

Question67:-Expenditure incurred by Government for ___________ recurring liabilities are capital expenditure. 

 A:-Increasing 

 B:-Reducing 

 C:-Dividing 

 D:-Adding 

 Correct Answer:- Option-B 

Question68:-Expenditure on additions and improvements of a project are ___________ expenditure. 

 A:-Revenue 

 B:-Changed 

 C:-Capital 

 D:-None of the above 

 Correct Answer:- Option-A 

Question69:-____________ recovered on account of buildings by departments should be treated as revenue receipts of the department. 

 A:-Rates 

 B:-Taxes 

 C:-Depreciation 

 D:-Rent 

 Correct Answer:- Option-D 

Question70:-A ___________ paid by a private party with the object of meeting the cost of construction by the PWD should be treated as revenue receipt. 

 A:-Taxes 

 B:-Contribution 

 C:-Fee 

 D:-None of the above 

 Correct Answer:- Option-B 

Question71:-__________ of Revenue shall be taken in reduction of the revenue receipts under the major head concerned. 

 A:-Collection 

 B:-Omission 

 C:-Remission 

 D:-Refunds 

 Correct Answer:- Option-D 

Question72:-Moneys advanced for miscellaneous purposes under special authority and recoverable in cash shall be adjusted under the head ____________. 

 A:-Loans 

 B:-Debts 

 C:-Credits 

 D:-None of the above 

 Correct Answer:- Option-D 

Question73:-____________ Departments should be charged for office accommodation supplied by PWD. 

 A:-Finance 

 B:-Commercial 

 C:-Taxes 

 D:-Revenue 

 Correct Answer:- Option-B 

Question74:-If a _________ claim be relinquished, the value of the claim shall not be recorded on the expenditure side as a specific loss. 

 A:-Expenditure 

 B:-Collected 

 C:-Receipt 

 D:-Omitted 

 Correct Answer:- Option-C 

Question75:-If money due to Government has actually reached a Government servant and is then stolen it should be brought as a __________ into the Government fund first. 

 A:-Loss 

 B:-Receipt 

 C:-Gain 

 D:-Expenditure 

 Correct Answer:- Option-B 

Question76:-When the cost of land was originally debited to __________ its sale proceeds should be credited to Capital Account. 

 A:-Expenditure 

 B:-Capital 

 C:-Revenue 

 D:-Real 

 Correct Answer:- Option-B 

Question77:-All ___________ of cash should be recorded under separate heads in the accounts. 

 A:-Receipts 

 B:-Income 

 C:-Losses 

 D:-Expenditure 

 Correct Answer:- Option-C 

Question78:-Coins are issued under Section _____________ of the Indian Coinage Act, 196. 

 A:-14 

 B:-17 

 C:-24 

 D:-34 

 Correct Answer:-Question Cancelled 

Question79:-The 50 paise coins is legal tender for any sum not exceeding __________ Rupees. 

 A:-100 

 B:-10 

 C:-1000 

 D:-50 

 Correct Answer:- Option-B 

Question80:-A ____________ which is written off should be debited as contingent charge of the Department concerned. 

 A:-Loss of Furniture 

 B:-Loss of Cash 

 C:-Loss of Building 

 D:-Loss of Land 

 Correct Answer:- Option-B 

Question81:-An over payment of pay shall be debited to the head ____________. 

 A:-Advance 

 B:-Allowance 

 C:-Debit 

 D:-None of the above 

 Correct Answer:- Option-D 

Question82:-Government of India gives ____________ to the states as per Article 282 of the Constititution. 

 A:-Local funds 

 B:-Plan grants 

 C:-Revenue grants 

 D:-None of the above 

 Correct Answer:- Option-B 

Question83:-His the duty of the ___________ to make recommendations regarding the distribution of Income Tax and union excise duties. 

 A:-Accountant General 

 B:-Finance Commission 

 C:-C and AG 

 D:-President of India 

 Correct Answer:- Option-B 

Question84:-The President of India constitutes the __________ under Article 280 of the constitution. 

 A:-States 

 B:-Union Territories 

 C:-Finance Commission 

 D:-Service Commission 

 Correct Answer:- Option-C 

Question85:-The ____________ of defence are prepared by the Financial Advisor of Defence services. 

 A:-Salary structure 

 B:-Arms estimates 

 C:-Budget estimates 

 D:-Final accounts 

 Correct Answer:- Option-C 

Question86:-Receipt of money from the public and departmental officers for credit to Government is the function of _________. 

 A:-Cashier 

 B:-Treasury 

 C:-Bank 

 D:-RBI 

 Correct Answer:- Option-B 

Question87:-The Sub-Treasuries are not required to _____________ the transaction occurring with them. 

 A:-Calculate 

 B:-Compile 

 C:-Record 

 D:-Account 

 Correct Answer:- Option-B 

Question88:-The fundamental object of Audit is to secure real value for the ___________. 

 A:-Revenue collected 

 B:-Profit made 

 C:-Expenditure made 

 D:-Tax payers money 

 Correct Answer:- Option-D 

Question89:-_____________ is by and large regularity and propriety audit. 

 A:-Internal Audit 

 B:-Performance Audit 

 C:-Central Audit 

 D:-Local Audit 

 Correct Answer:- Option-C 

Question90:-The ___________ for Audit of Receipts is Comptroller and Auditor General of India. 

 A:-Officer 

 B:-Corporation 

 C:-Entity 

 D:-Statutory Authority 

 Correct Answer:- Option-D 

Question91:-Irrigation receipt is a _____________ receipt. 

 A:-Non-tax 

 B:-Cess 

 C:-Capital 

 D:-Tax 

 Correct Answer:- Option-A 

Question92:-A regular accounting of demands, collection and refunds are required for _____________. 

 A:-Revenue Receipts 

 B:-Capital Expenditure 

 C:-Capital Receipts 

 D:-Revenue Expenditure 

 Correct Answer:- Option-A 

Question93:-The ____________ of the Central Government are prepared by the Accountant General - Central Revenues. 

 A:-Finance Accounts 

 B:-Expenditure Accounts 

 C:-Suspense Accounts 

 D:-None of the above 

 Correct Answer:- Option-A 

Question94:-The Accounts of __________ are based in the main on the single entry system. 

 A:-Companies 

 B:-Corporations 

 C:-Local Bodies 

 D:-Government 

 Correct Answer:- Option-D 

Question95:-Period of Accounts of Government is fixed by __________. 

 A:-C & AG 

 B:-Union Government 

 C:-Audit and Accounts Order 1936 

 D:-None of the above 

 Correct Answer:- Option-C 

Question96:-In case of ____________ the assets produced should belong to the authority incurring the expenditure. 

 A:-Capital expenditure 

 B:-Government expenditure 

 C:-Revenue expenditure 

 D:-None of the above 

 Correct Answer:- Option-A 

Question97:-____________ is the committee constituted for examining the Accounts and Audit Reports of Government. 

 A:-Estimate Committee 

 B:-Works Committee 

 C:-Public Accounts Committee 

D:-None of the above 

 Correct Answer:- Option-C 

Question98:-The Tenure of Estimates Committee is _______________ year. 

 A:-5 

 B:-3 

 C:-2 

 D:-1 

 Correct Answer:-Question Cancelled 

Question99:-____________ is precluded from examination and investigation of matters of day-to-day administration. 

 A:-Committee on Public Undertakings 

 B:-Works Committee 

 C:-Government Committee 

 D:-None of the above 

 Correct Answer:- Option-A 

Question100:-The C & AG of India is regarded as a ____________ of the committees on Public Accounts and Public Undertakings. 

 A:-Advisor 

 B:-Authority 

 C:-Friend, Philosopher and Guide 

 D:-None of the above 

 Correct Answer:- Option-C