Introduction to Indian Government
Accounts and Audit &
Kerala Account Code Vol. 1
Kerala Public
Service Commission
Date of Examination: 05-10-2019
1:-Of
the following which is not a parliamentary standing finance committee?
A:-Public
accounts committee
B:-Estimate
committee
C:-Business
Advisory committee
D:-Committee on
public undertakings
Correct Answer:- Option-C
2:-In
respect of Public works stores, issue rate of an article of stock is fixed
A:-At the
beginning of each year
B:-In September
each year
C:-In July each
year
D:-as and when
stock is procured
Correct Answer:- Option-A
3:-A
chronological record of quantity only of receipts issues, and balance of each
article of stock kept by store keeper is known as
A:-Store ledger
B:-Bin card
C:-Inventory
register
D:-None of these
Correct Answer:- Option-B
4:-The
priced store ledger maintained in the Divisional Office in the prescribed form
is to be closed for both the quantities and value
A:-At the end of
each month for preparation of monthly accounts
B:-At the end of
each calendar year
C:-At the end of
each financial year
D:-At the end of
each half year
Correct Answer:- Option-A
5:-What
are the important points to be seen by audit in respect of periodical
verification of stock?
A:-A
certification of verification is recorded by a responsible authority
B:-The system of
verification is adequate and proper
C:-Discrepancies
found are investigated and adjusted
D:-Physical
verification is done by staff independent of those entrusted with the physical
custody and also points mentioned in A,B, C above
Correct Answer:- Option-D
6:-The
sums authorised by the appropriation Act are intended to cover
A:-All the
charges for the financial year concerned
B:-Does not
cover charges for liability of past years
C:-Does not
cover amounts to be adjusted in the accounts of the year
D:-Not only
charges for the financial year concerned but also liabilities of past years to
be paid and charges to be adjusted in the accounts of
that year
Correct Answer:- Option-D
7:-An
important duty of audit relating to borrowings by Govt is _____A:-To see that
the proceeds of loan are properly brought to account and they are expended only
on objects for which the loans were originally raised or spent
in accordance with sound principles of public finance
B:-Whether the
borrowing is within the limits authorised
C:-Whether there
is adequate response
D:-Whether the
borrowing is duly authorised under rules/regulations
Correct Answer:- Option-A
8:-In a
parliamentary democracy , audit is _____
A:-to find how
and in what manner public money is spent
B:-to find
irregularities in public spending
C:-the main
instrument to secure accountability of the executive to the legislature
D:-to ensure
funds spent are covered by sanction
Correct Answer:- Option-C
9:-It is
said that the purpose of both Audit and Administration are the same. What is
it?
A:-to help to
maintain accounts properly
B:-to ensure
moneys allotted are spent diligently
C:-to maintain
transparency
D:-to see that
departments keep to the path of financial rectitude and that the resources of
the state are efficiently utilised with due regard to
consideration of
economy and financial propriety
Correct Answer:- Option-D
10:-Legislative control over the finance is exercised mainly in two stages. What are they?
A:-By voting on
demands for grands and by subjecting the accounts to scrutiny
B:-By subjecting
the annual budget to a detailed discussion and through the system of committees
C:-(i)at the
time of policy making.
(ii) controlling
the implementation of the policy
D:-by
scrutinising the demands for grands and review of expenditure
Correct Answer:- Option-C
11:-What
is the device by which the transfer of funds between treasuries and
sub-treasuries and branches and agencies of Reserve Bank is effected for the
most part?
A:-through the
medium of currency chests
B:-Physical
transfer from one station to another
C:-Remittances
by special railway wagons
D:-None of these
Correct Answer:- Option-A
12:-Govt
accounts are designed to enable govt.
A:-to know how
much money have been received against the forecast
B:-to know how
much money has been spent against the budget provision
C:-to determine
how much money it need to collect by way of taxes from people in order to
maintain its necessary activities at the proper
standard of
efficiency
D:-to review its
own performance
Correct Answer:- Option-C
13:-What
factors sufficiently provide for the detections and preventions of fraud in the
Govt system of audit?
A:-Effective
internal audit
B:-the various
checks prescribed for executive officers supplemented by occasional local audit
and continuous central audit
C:-effective
control by superior officers
D:-compliance
with rules and regulations laid down
Correct Answer:- Option-B
14:-Expenditure
of grant in aid to local bodies for the purpose of creating assets which will
belong to these local bodies is to be classified as _____
A:-Capital
expenditure as an asset is being created
B:-Revenue
Expenditure. It Cannot be ordinarily classified as capital expenditure as
assets do not belong to Govt
C:-May be
debited to capital if Govt so desires
D:-May be
debited to revenue/ capital based on budget provision
Correct Answer:- Option-B
15:-The
source from which accounts along with the supporting documents flow to AG is
___
A:-Dist
treasuries
B:-Public works
Divisions, forest divisions, etc which are authorised to make payment through
cheques
C:-inter-state
suspense accounts from other accountant general and clearance memo relating to
inter Govt adjustments in the books of
reserve bank
D:-All the above
sources detailed at A, B, C above and further all adjustments carried out in
the office of the AG
Correct Answer:- Option-D
16:-Who
has the authority to open all the prescribed detailed heads and to open any new
detailed head where absolutely necessary to exhibit and
classify Govt transactions in the accounts?
A:-Accountant
general
B:-Director of
treasuries
C:-Finance
secretary
D:-None of them
Correct Answer:- Option-A
17:-The
heads of accounts in the five tier system of classification primarily meant for
itemised control over expenditure and indicate the nature of
expenditure in terms of inputs such as salaries, office expenses etc , are
known as ________
A:-Minor heads
B:-Sub minor
heads
C:-Detailed
heads
D:-None of these
Correct Answer:- Option-C
18:-Discounts
given to agents on sale of priced Govt Publications are to be classified under
the detailed head __________
A:-Publications
B:-Office
expenses
C:-Advertising,
sales and publicity expenses
D:-None of these
Correct Answer:- Option-A
19:-In
the case of transactions between two state Govts adjustment of a transaction
(Not covered by the provision of constitution) shall be
made__________
A:-as decided by
the central govt
B:-as decided by
the accountant general concerned
C:-as decided by
the finance secretaries
D:-in such
manner and to such extent as may be mutually agreed upon by the Govts concerned
Correct Answer:- Option-D
20:-In
which case when any Govt land (with buildings) is transferred from one service
dept to another service dept rules, provide for collection of
market value?
A:-in no case
B:-such charges
are leviable in case the value of property exceed Rs. 10 lakhs
C:-collecting
market value is permissible if the transfer is for specific purpose of starting
any industry or commercial undertaking
D:-rule provide
for collection of only 50% of the market value
Correct Answer:- Option-C
21:-Which
provision in constitution provides for appointment of chief ministers of state
by the Governor?
A:-Art 264
B:-Art 164
C:-Art 74
D:-None of these
Correct Answer:- Option-B
22:-A
candidate who contested in an elections to legislature becomes a MLA as soon as
____
A:-he is
notified as winning candidate by the election commissioner
B:-He signs the
register at assembly secretariat as M.L.A
C:-he takes the
prescribed oath before the Honourable speaker or anyone duly authorised by the
Governor
D:-Date of
notification in the official Gazette
Correct Answer:- Option-C
23:-Whenever
the House of People is dissolved_________ shall not vacate his office until
immediately before the first meeting of the House of people after
dissolution.
A:-Dy speaker
B:-Leader of the
house
C:-Speaker
D:-None of these
Correct Answer:- Option-C
24:-Of
the following which item of expenditure is not charged on the consolidated fund
of India?
A:-Salary and
allowances speaker of Lok Sabha
B:-Salary and
allowances of Dy Speaker of Lok Sabha
C:-Salary and
allowances of secretary general of Lok Sabha
D:-Salary and
allowances of Chairman of Rajya Sabha
Correct Answer:- Option-C
25:-Of
the following which bill shall be deemed to be a money bill under provisions of
the constitution (in respect of state legislatures)
A:-Appropriation
of money out of consolidated fund of the state
B:-A bill
dealing with punishments on crimes against women
C:-A bill for
protecting the environment
D:-A bill
dealing with pollution control (preventive measures)
Correct Answer:- Option-A
26:-What
is the time limit specified in the constitution for validity of an ordinance
promulgated by the Governor of a state?
A:-Three months
from the date of issue
B:-Two months
form the date of issue
C:-Such an
ordinance shall cease to operate at the expiration of six weeks from reassembly
of the legislature
D:-None of these
Correct Answer:- Option-C
27:-The
term of office of Governor is ____ years under the constitution
A:-No term
specified. He shall hold office during the pleasures of the president
B:-Six
C:-Five
D:-None of these
Correct Answer:- Option-A
28:-Removable
by impeachment is not provided for in the case of incumbent of one of the
following posts. Which is it?
A:-High court
judges
B:-Governor
C:-Supreme court
judges
D:-Chief justice
of supreme court
Correct Answer:- Option-B
29:-All
contracts made in the exercise of the executive power of the state shall be
expressed to be made by the _____
A:-Council of
ministers
B:-Governor
C:-Chief
secretary to govt
D:-None of these
Correct Answer:- Option-B
30:-The
Finance commission constituted now (2018) by the president of India under the
chairmanship of Sri. N.K. Singh is ____
A:-12th
B:-13th
C:-15th
D:-14th
Correct Answer:- Option-C
31:-What
is the device adopted for correcting an error of classification in the accounts
clearing an outstanding item under debt, deposit or remittance head?
A:-transfer
entries
B:-plus and
minus memorandum
C:-alternation
memo
D:-none of these
Correct Answer:- Option-A
32:-From
whom the State Govt gets a monthly accounts of its transactions during a month
showing inter alia opening and closing cash balance followed
by a major head wise summary of transactions during and progressive to end of
the month?
A:-Director of
Treasuries
B:-Accountant
general
C:-Director of
state audit
D:-Dist treasury
officers
Correct Answer:- Option-B
33:-Under which section of C & AG (Duties powers and conditions of service) Act 1971 (D.P. C Act) Audit of other bodies or authorities which is not entrusted to him, can be entrusted to him in public interest by the president or Governor , after prior consultations with him?
33:-Under which section of C & AG (Duties powers and conditions of service) Act 1971 (D.P. C Act) Audit of other bodies or authorities which is not entrusted to him, can be entrusted to him in public interest by the president or Governor , after prior consultations with him?
A:-Section 10
B:-Section 20
C:-Section 16
D:-Section 19
Correct Answer:- Option-B
34:-What
is the criterion adopted to determine whether a company registered under the
companies act is a Govt company or not?
A:-A company in
which the central Govt or any State Govt or Govts or both together hold not
less than 51% of the paid up share capital
B:-A company in
which central Govt alone holds not less than 50% of paid up share capital
C:-A company in
which central or a state Govt together hold not less than 50% of the paid up
share capital
D:-A company
declared so by the registrar of Companies
Correct Answer:- Option-A
35:-Which
committee is termed as Parliamentary committee?
A:-A committee which
is appointed or elected by the house or nominated by the presiding officer and
which works under his directions
B:-A committee
consists of members of parliament
C:-A committee
of members of parliament constituted by the president for a specific purpose
D:-None of these
Correct Answer:- Option-A
36:-Which
committee of parliament may call for details of expenditure charged on the
consolidated fund of India and scrutinise whether the
classifications of the items of expenditure between 'voted' and 'charged' has
been done strictly in accordance with the provisions of constitution and
Acts of parliament?
A:-Public
Accounts Committee
B:-Committee on
Public Undertaking
C:-Estimates
committee
D:-Subject
committee
Correct Answer:- Option-C
37:-Who
appoints chairman of each finance committee of parliament?
A:-Speaker, from
among the members of the committee
B:-By members themselves
B:-By members themselves
C:-By drawing up
lots
D:-The senior
most member is appointed as Chairman
Correct Answer:- Option-A
38:-How
many members each from Lok Sabha and Rajya Sabha are elected to the Public
Accounts Committee and committee on Public Undertakings?
A:-15 each
B:-15 from Lok
sabha and 7 from Rajya sabha
C:-15 from Lok
sabha and 10 from Rajya sabha
D:-12 from Lok
sabha and 10 from Rajya Sabha
Correct Answer:- Option-B
39:-Of
the following audit checks which one is the criteria adopted while conducting
financial propriety audit?
A:-Whether a
proper voucher is available for expenditure incurred
B:-Whether the expenditure
is covered by valid sanction
C:-Whether
budget provision exists to cover the expenditure
D:-While
sanctioning the expenditure the authority has used its power to pass an order
which will be directly or indirectly to its own
advantage
Correct Answer:- Option-D
40:-It is the duty of Audit to bring to the notice of the executive through its reports
A:-Various
activities of departments of Govt
B:-in what
manner various programs have been undertaken
C:-whether
economy in the expenditure of public money is enforced
D:-Wasteful
expenditure in public administration and infructuous expenditure
Correct Answer:- Option-D
41:-The
fundamental object of audit is ____
A:-to ascertain
whether the prescribed rules and orders are followed
B:-to ascertain
whether rules are adequate to safeguard the interests of Govt
C:-To secure
real value for the tax payers money
D:-none of these
Correct Answer:- Option-C
42:-The
most important function of audit in respect of Audit of Receipts of Govt is ___
A:-To ensure
that moneys collected as taxes and levies are bought to account
B:-To ensure
that demand has been made in all cases where it is due
C:-To see that
adequate regulations and procedures have been framed by the revenue dept to
secure an effective check and to ensure by test
checks that such
regulations and procedures are actually being carried out
D:-To see that
effective action is pursued to collect dues
Correct Answer:- Option-C
43:-Not
only any obvious errors in computation of assessment of Taxes etc, can be
pointed out by Audit but also it may ____
A:-Suggest
measures for setting them right
B:-Take steps
for rectifying them
C:-Audit should
leave to the administrative authority to set right errors by recourse to such
legal steps as they deem necessary
D:-Insist for a
particular course of action
Correct Answer:- Option-C
44:-The
basis and procedure for levy and collection of taxes and non tax revenues of
State Govts are regulated by _____
A:-laws as are
enforceable in different states
B:-rules formed
under relevant Acts
C:-Judicial
decisions and executive instructions interpreting the provisions of Acts and
Rules
D:-All items
specified at A,B,C above
Correct Answer:- Option-D
45:-Central
audit is by and large _____
A:-Regulatory
and propriety audit
B:-tests audit
C:-routine
D:-supplementary
audit
Correct Answer:- Option-A
46:-The
primary objects of inspection of a public works division by audit are ____
A:-to see
whether the prescribed registers are maintained
B:-the registers
are submitted to the division officer periodically for scrutiny
C:-whether the
registers are closed periodically
D:-for a test
audit of accounts and vouchers not rendered to central audit to satisfy that
the initial account from which the monthly account iscompiled and
rendered to audit are properly kept in the form prescribed
Correct Answer:-
Option-D
47:-Which
authority determines the periodicity scope and extent of local audit of
departmental offices and offices of Authorities and Bodies whose
audit is entrusted in the C & AG?
A:-Local AG
B:-State Govt
C:-C & AG
D:-None of them
Correct Answer:- Option-C
48:-The
inspection report drafted by the officer in charge of the local audit party is
closed or finalised after ___
A:-Completion of
the prescribed checks
B:-Ensuring no
unusual transaction has taken place
C:-Getting
replied to audit enquiries
D:-Officer in
charge of the office audited has to be given an opportunity for reading and
discussing and suggesting any modifications
Correct Answer:- Option-D
49:-What
are the points to be seen in audit while conducting audit of orders or
allotment or re-appropriation?
A:-Allotment is
not in excess of those available under the grant or appropriation
B:-The mount appropriated
is available under the unit concerned
C:-The order is
issued by competent authority and no amount is re-appropriated in respect of
expenditure falling under the 'new service
D:-All the
points covered by A,B, C above
Correct Answer:- Option-D
50:-Why
is it held that audit is not entitled to make independent enquiries among the
tax payers or general public?
A:-they are not
trained in that area
B:-it would
create confusion
C:-it would be
practically difficult to lay down regulations in this regard
D:-this is
because such action is held to be an encroachment on the function of the
executive
Correct Answer:- Option-D
51:-Expenditure
on Govt residential buildings is accounted for under the Major Head ___
A:-283 housing,
483 capital outlay on Housing
B:-2059 public
works, 4059 capital outlay on public works
C:-2216 housing
, 4216 capital outlay on housing
D:-none of these
Correct Answer:- Option-C
52:-The
TA and daily allowance paid to officers of State Govt appointed as members of
committees and commission set up by Govt of India are
governed by the __________
A:-central rules
and borne by the central govt
B:-state rules,
but borne by the central govt
C:-state rules
and borne by State Govt
D:-as decided by
the Central Govt
Correct Answer:- Option-B
53:-The
operation of some departments of Govt sometimes include undertakings of a
commercial or a Quasi Commercial character. In such cases to
ascertain their financial results certain sets of accounts are to be maintained
which are generally known as
A:-commercial
accounts
B:-trading
accounts
C:-double entry
accounts
D:-proforma
accounts
Correct Answer:- Option-D
54:-What
is the procedure stipulated in the rules when under orders of Govt interest
charges during the process of construction of a project are met
from capital and later on it started deriving revenue when commissioned?
A:-No further
adjustments is envisaged
B:-It is left to
the discretion of Govt to order for making any adjustments
C:-Writing back
of capitalized interest should from the first charge in such cases
D:-Writing back
of capitalised interest is called for if surplus revenue is derived within two
years of commissioning
Correct Answer:- Option-C
55:-Which
Dept of Govt is permitted to make payments for all supplies made and services
rendered by any Dept (whether commercial or not)
A:-Election Dept
B:-Agriculture
Dept
C:-Survey Dept
D:-Public
Relation Dept
Correct Answer:- Option-A
56:-What
is the time span stipulated in the constitution for constituting a Finance
Commission by the president for making recommendations
as to the distribution of net proceeds of taxes, grant in etc, between states?
A:-three years
B:-five years
C:-four years
D:-six years
Correct Answer:- Option-B
57:-What
is the restriction on the number of members nominated by the president to
represent the Anglo Indian Community in the House of People?
A:-Three members
B:-Not more than
two members
C:-One members
D:-Four members
Correct Answer:- Option-B
58:-Whose
prior recommendations is required for moving in either house of Parliament
Bills affecting taxation in which states are interested?
A:-President
B:-Speaker of
Lok sabha
C:-Chairman of
Rajya Sabha
D:-Union Council
of ministers
Correct Answer:- Option-A
59:-Do
the provisions of constitution prevent a discussion in the Legislature on
budget estimates relating to expenditure charged upon the consolidated
fund of a State?
A:-Yes. Such
items cannot be discussed
B:-Yes.
Discussion is permissible only if Majority of Members want it
C:-Members
cannot insists for discussion as a matter of course
D:-There is no
provision preventing the discussion in the legislature of any such estimates
Correct Answer:- Option-D
60:-Is
there any provision in the constitution to the effect that the president may
with the consent of a State entrust either conditionally or
unconditionally to that Govt functions in relation to any matter to which the
executive power of the Union extents?
A:-no such
provision
B:-yes, under
Art 357
C:-though there
is no provision it can be done under an executive order
D:-Yes, Art 258
(1) stipulates this power of the union
Correct Answer:- Option-D
61:-The
reports of C & AG relating to the accounts of a State shall be submitted to
____
A:-legislature
B:-Finance dept
C:-Governor of
state who shall cause them to be laid before the legislature
D:-Speaker of
the Assembly
Correct Answer:- Option-C
62:-Is
there any restriction in the constitution regarding to the borrowing powers of
the states?
A:-No
restriction
B:-States can
borrow only within such limits as fixed by the legislature from time to time by
law
C:-Yes. The
limit is fixed by Reserve bank of India
D:-Yes. only for
specified purpose States can borrow
Correct Answer:- Option-B
63:-Which
house of parliament shall not be subject to dissolution after a specific
period?
A:-House of
people
B:-The council
of states
C:-House of
people when a discussion on an official bill presented is not over
D:-When parliament
is discussing money bills
Correct Answer:- Option-B
64:-Which
dignitaries have the right to speak in and otherwise to take part in the
proceedings of either House of Parliament , any joint sittings of the
houses and any committee of parliament of which he may be a member ____
A:-Every cabinet
minister and prime minister
B:-Prime
minister and leader of either house
C:-Every minster
and the Attorney general of India
D:-None of these
Correct Answer:- Option-C
65:-The
president shall address both Houses of Parliament assembled together and inform
of the causes for its summoning
A:-at the
commencement of the first session after each general election to the house of
people and at the commencement of first session of
each year
B:-Commencement
of budget session of each year
C:-Once during
the course of a year
D:-Whenever the
president wants to convey any message
Correct Answer:- Option-A
66:-Ministers
(other than the chief minister) shall be appointed by the Governor on the advice
of the Chief minister and they shall hold office _______
A:-till
dissolution of the legislature
B:-as long as
the chief minister holds office
C:-during the
pleasure of the governor
D:-till the
chief minister allows them
Correct Answer:- Option-C
67:-The
terms of office of Advocate General of a State is ________ years as per the
constitution.
A:-5 years
B:-He shall hold
the office during the pleasure of the governor
C:-as fixed by
the council of ministers
D:-none of these
Correct Answer:- Option-B
68:-What
is the prescribed qualifications in the constitution for a person for
appointment as a judge of a High Court?
A:-has held a
judicial office in the country
B:-has been an
advocate for seven years
C:-has held at
least 10 years a judicial office in India
D:-Should
satisfy either condition at (c) above or has for at least 10 years been an
advocate of a High Court or two or more High Courts in
succession
Correct Answer:- Option-D
69:-Election
to Rajya Sabha is conducted by ________
A:-Chairman of
Rajya Sabha
B:-Election
commission
C:-Supreme court
D:-None of them
Correct Answer:- Option-B
70:-Under
the constitution is it permissible for the Vice president to perform the duties
of the Chairman of Rajya Sabha when he is entrusted with
the functions of the president?
A:-No. He shall
not perform such duties
B:-Yes. It is
permissible
C:-It is left to
the Rajya sabha to decided the issue
D:-It is left to
the discretion of the Vice President
Correct Answer:- Option-A
71:-Who
is regarded as a friend, philosopher and guide of the committees of public
accounts and public undertakings?
A:-Speaker of
the Lok Sabha
B:-Chairman of
Rajya Sabha
C:-Leader of the
house
D:-Comptroller
and Auditor General
Correct Answer:- Option-D
72:-Who
lays the reports of the committee on the Public Accounts and Public
Undertakings before Rajya Sabha?
A:-A member of
the respective committee as authorised by the committee/chairman
B:-Minister of
Finance
C:-Vice Chairman
D:-None of them
Correct Answer:- Option-A
73:-Which
financial committee is empowered to examine whether the affairs of the public
undertakings are being managed in accordance with sound
business principles and prudent commercial practices?
A:-Public
accounts committee
B:-Committee on
public undertakings
C:-Estimates
committee
D:-None of these
Correct Answer:- Option-B
74:-From
which reports of the C & AG do you get a glance of accounts of Receipts and
Disbursements by Major heads of accounts of all Govts in the
revenue account, capital account and all other sections (union and states)
A:-Audit reports
of various states
B:-Appropriation
accounts of various states
C:-Finance
accounts of various states
D:-Combined
Finance and revenue accounts of the Central and State Govts in India
Correct Answer:- Option-D
75:-Why
is it not possible to value all assets of Govt and include their value in the
Annual Financial Accounts?
A:-it is a time
consuming process
B:-may not be
advantageous
C:-the great
bulk of assets of Govt are such a nature that it is impossible to place upon
them a money value of sufficient accuracy to justify
their inclusion
in a document of the nature of a balance sheet
D:-None of these
Correct Answer:- Option-C
76:-Why
is it stipulated that all service books of non gazetted employees are subjected
to verification in local audit at fixed intervals?
A:-it is an
important service record
B:-it is proof
for continuation in service
C:-to check
whether qualifications are recorded in the service book
D:-because the
service books are the only documents for verification of pension
Correct Answer:- Option-D
77:-What
are the special points to be seen during audit of transactions under suspense
heads?
A:-there are
valid reasons for keeping them under 'suspense'
B:-unadjusted
balances continue to represent bonafide assets or liabilities of Govt capable
of being realised or settled
C:-satisfactory
action towards their realisation or settlement is being taken by the official
concerned
D:-to ensure
compliance with all the points stated at A, B, C above
Correct Answer:- Option-D
78:-What
is the essential difference between the levy and collection of a tax and a non
tax revenue?
A:-there is no
differences as far as collection is concerned
B:-levy and
collection of tax are regulated by provision of law while the non tax revenue
is governed by the general financial rules and regulations. While the former is
a quasi judicial act, the latter is administrative decision
C:-generally collection
of tax is more important than collection of a non tax revenue
D:-there is
legal remedy for tax levy while no such remedy lies for non tax
Correct Answer:- Option-B
79:-Of
the various initial accounts records maintained in public works division some
of which are listed below, which one is of greatest importance?
A:-Works
abstracts
B:-Stock
accounts
C:-Measurements
Books
D:-Contractors
ledger
Correct Answer:- Option-C
80:-Value
cum numerical account of store held in a public works division is called
_______
A:-stock account
B:-goods
received sheets
C:-priced store
ledger
D:-bin cards
Correct Answer:- Option-C
81:-The
payments of leaves salary and allowances in respect of earned leave surrendered
by the State Govt employees on deputation to the central Govt
will be the liability of _____ Govt
A:-Central Govt
B:-State Govt
C:-as mutually
agreed upon
D:-will be
equally shared by the central and the state govt.
Correct Answer:- Option-B
82:-Expenditure
on construction of staff quarters of a Medical college Hospital forming part of
a project is debitable to ____
A:-Major head
relating to housing
B:-Major head of
public works building
C:-Major head of
relevant function ie medical
D:-any of these
major heads as ordered by Govt
Correct Answer:- Option-C
83:-A
service receipt of which full particulars are not available is to be credited
under the rules to _______
A:-8658-suspense
account
B:-to minor head
'other receipt' under revenue head to which it appears to belong
C:-the head, the
treasury officer species
D:-none of these
Correct Answer:- Option-B
Question84:-What
is the stipulated procedure if money due to Govt has actually received by a
Govt servant and is than lost before remittance into
Treasury under
proper head?
A:-It should be
brought as a receipt into the consolidated fund or public accounts as the case
may be and then shown on the expenditureside as loss under a separate head
B:-Money lost is
to be realized from the official concerned and then brought to account
C:-such money
need not be shown as receipt till the amount is made good
D:-none of these
Correct Answer:- Option-A
85:-The
single major head of account under which the transactions of contingency fund
of the State (part II Govt accounts) is denoted by the number ____
A:-6700
B:-4000
C:-7999
D:-8000
Correct Answer:- Option-D
86:-Every
person acting as president or discharging the function of the president shall
before entering upon his office make and subscribe in the presence
of _____ an oath or affirmation in the prescribed form in the absence of the
chief justice of India.
A:-Any Judge of
the Supreme Court
B:-Senior most
judge of the supreme court available
C:-Supreme Court
Judge nominated for this purposed by Chief justice
D:-Chief Justice
of Delhi high court
Correct Answer:- Option-B
87:-How
many members can be nominated by the president to the council of states as per
constitution?
A:-fifteen
B:-ten
C:-twelve
D:-twenty
Correct Answer:- Option-C
88:-Of
the following who has the right to speak in and otherwise to take part in the
proceedings of the Legislative assembly of the State?
A:-Advocate
General
B:-Senior most
Govt pleader
C:-Any govt
pleader
D:-Additional
advocate general
Correct Answer:- Option-A
89:-It
is whose duty under the constitution to review the financial position of the
panchayats/municipalities and to make recommendation as to the
principles which should govern the distribution between the state and the
Panchayat/municipality of the net proceeds of taxes , duties, tolls, and fees
leviable by the state etc
A:-State finance
commission
B:-Central
Finance commission
C:-An expert
team appointed by the cabinet from time to time
D:-None of these
Correct Answer:- Option-A
90:-Who
has the exclusive power to enact laws on subjects not enumerated in the
concurrent list or state list? (of the seventh schedule of the
constitution)
A:-president
B:-council of
ministers
C:-parliament
D:-Supreme Court
Correct Answer:- Option-C
91:-Under
the rules framed by Govt of India there are ________ stages in the project for
a work to be executed. What are they?
A:-two
stages-administrative sanction and technical sanction
B:-two
stages-expenditure sanction and technical sanction
C:-three
stages-expenditure sanction, technical sanction, allotment or re-appropriation
of funds
D:-none of these
Correct Answer:- Option-C
92:-Who appoints auditors of Govt companies?
A:-Company Board
of Directors
B:-Company Law
Board on the advice of C & AG
C:-Share holders
of the company
D:-None of these
Correct Answer:- Option-B
93:-What
are the dual purpose of Audit reports placed before Legislatures?
A:-Compliance
with the requirements of the constitution and to bring its findings to them
B:-to the Govt
the reports will show how far its subordinates have complied with rules and
orders, to the Legislature how far the moneys placed at the
disposal of Govt were regularly and prudently spent
C:-Expose the
short fall in complying with the regulations by the officials, for the
Legislature high light major cases of wastages of public money
D:-Secure
accountabilities of executive to legislature and to the Legislature a general
financial review
Correct Answer:- Option-B
94:-The
detection and prevention of fraud in the Govt system of Audit is provided by
___
A:-Various
checks prescribed for the executive officers
B:-Occasional
local audit
C:-Continuous
central audit
D:-A combined
system of all the items mentioned at A, B, and C above
Correct Answer:- Option-D
95:-While
conducting audit of purchase of stores which among the following is not a check
prescribed for it?
A:-Purchase
covered by sanctions
B:-Physical verification
of stores procured
C:-Certificate
of quality and quantity are recorded
D:-Rates paid
agree with those shown in the agreement
Correct Answer:- Option-B
96:-Who
are the prescribed authorities connected with the preparation of appropriation
accounts of the State and presenting it to the Legislature?
A:-Accountant
general, comptroller and Auditor general and Governor
B:-Accountant
general, Finance Dept and Speaker
C:-Accountant
General, controller General of accounts, and Speaker
D:-None of these
Correct Answer:- Option-A
97:-The
extent of audit of expenditure incurred from a grant in aid by the grantee,
depends on ____
A:-Whether the
grant is conditional or unconditional
B:-Whether the
grant is recurring one
C:-Whether the
grant is for charitable purpose
D:-Whether the
grant is substantial
Correct Answer:- Option-A
98:-In
the normal course what are the implied conditions of every grant made by Govt?
A:-grant should
not be misused and accounts should be maintained
B:-accounts
connected with the grant should be made available to audit
C:-expenditure
incurred out of the grant should be got audited by professional auditors
D:-grant will be
spent upon the object within the time specified, if not within a reasonable
time and unspent amount if any should be surrendered
Correct Answer:- Option-D
99:-Arrangement
are often to be made so that all Treasuries have at all times sufficient funds
to meet the demands on them. Who is the officer
entrusted with this task?
A:-currency
officer of the Reserve Bank
B:-director of
treasuries
C:-State Bank of
India
D:-Finance dept
Correct Answer:- Option-A
100:-What
is the main purpose of conducting periodical physical verification through a
responsible officer of stock items in a Public work division?
A:-To see the
manner of keeping the articles of stock
B:-Whether
adequate storage space is made available
C:-To ensure
that the stock consists of efficient and necessary articles
D:-In additional
to (C), to see that the quantity balances as shown in the accounts are correct
Correct Answer:- Option-D