Sunday, July 3, 2011


Selection of Assistant Accounts Officers
(70 percent quota)
Time: 3 hours 19/08/2002 Max Marks 150

Instructions to candidates
The question paper consists Four sections. Section” A” caries 30 marks, Section “B” carries 20 marks, Section ”C” carries 20 marks and Section “D” carries 80 marks
all questions in the first three sections ‘A’, ‘B’ and ‘C’ are to be attempted
in section “D” any FOUR questions have to be attempted out of the total 8 questions

Section A
Explain whether the following statements are “TRUE” or “FALSE” giving reasons for your answer
10 x 3 = 20 Marks
1. all expenditure on computer and other related items is charged to Plan Head No 17- Capital
2. all expenditure on repairs of Plant & Equipment is charged to Demand No 07- Minor Head 500
3. GM has full powers to approve and sanction expenditure on modifications and improvements to Rolling Stock
4. excise Duty and Sales tax is payable on all items of rolling stock manufactured or repaired in railway workshops
5. works and stores tenders are to be awarded to L1 only as per the latest guidelines
6. study leave and Hospital leave can be sanctioned by DRMs
7. the value realised from scrap sales is allocated to sundry earnings
8. surcharges is levied on all consignments booked as wagon loads
9. leave encasehment is permissible for balance credit of LHAP
10. arbitration awards are to be treated as “charged Expenditure”

Section B
Multiple choice questions There is only one correct answer
10 x 20= 20 Marks
this is an index indicating fuel efficiency
a. operating ratio b. BCI
c. ROR d. SFC
expenditure on safety related works is allocated to
a. DRF b. DF
c. Contingency Fund d. SRSF
staff related to expenditure of POH debits from Raiwlay Workshop is allocated to this Primary Unit
a.1 b. 2 c.34 d.99
expenditure on ballast for track renewal works is allocated to
a. Plan Head 31 PU No 03
b. D No 04 PU No 32
c. D No 04 PU No 28
d. Plan head PU No 08
an expenditure of Rs 100000/- on ceremonial occasions is sanctioned by
a. DRM b. AGM c. GM D. Railway Board
concession for senior citizens is given as
a. 30 % in all classes in Mail and Express Trains only
b. 30 % in sleeper class and second class only
c. 25 % in oridinary second class
d. 25 % in all classes beyond 500 KMs
in case fo missing non-issued tickets in SPTMS
a. debits are raised for single-fare up to the farthest point
b. debits are rasied for second class-fare to the farthest
c. at a flat-rate of Rs 500/-
d. debits are rasied for 4 dult-fares in II Mil Express to the farthest station
powers are delegatged to CWMs in respect of jobs done for PSUs
a, to waive off the full Proforma on –cost
b. to charge only 50 % of the on cost
c. to charge 0 % on cost
d. none of the above
commuted portion of the pension is restored
a. 15 years from the date of super-annuation
b. 15 years from the date of commutation
c. 12 years from the date of retirement
d. none of the above
all expenditure in workshops in respect of deposit works
a. is first charged to WMS
b. only the direct labour and direct stores in first charged to WMS
c. on cost and administrative overheads are charged to Deposit works directly and the rest to WMS first
d. none of the above

Section C
5 x 4 = 20 Marks
Distinguish between:
Consolidated Fund and Contingency Fund
workshop manufacturing suspense and Mis Advance Capital
draft para and action taken note
coaching earnings and other coaching earnings
IRCA and IRFA adjustments
Section D
Answer any four questions
4 x 20 = 80 Marks
1. Explain in detail the costing system adopted in our Repair Workshops. In what respects it is different from the one followed in our Production Units. Do you consider that our system is working satisfactorily?
2. Write critical comments on the incentive scheme adopted in workshops. Do you opine that the new guidelines and increased rates of incentive issued in 1999 and the steps taken so far have served the purpose?
3. Explain he salient features and deficiencies if any in the PRS and SPTM accountal of the earnings. Is the system of concurrent checking of accounts working well? Give your suggestions for improvement.
4. Explain the different areas and the scope for ‘Leakage of Revenue’ and give your suggestions for improvements in the system of internal checks in the Accounts Office and inspections of the TIAs
5. Is the financial and budgetary control of earnings and expenditure exercised by the accounts dept satisfactorily? What are the steps to be taken for improvement of the entire process?
6. ‘The system of giving accounting allocation by the departments and their checking in the accounts department is a farce resulting in enormous number of mis-classifications’ Please comment
7. ‘The pension debits received are not audited. There is no effective system of cheming reviosnof pension payment’ give your views and suggestions if nay for improvement
8. ‘finance concurrence in general and finance vetting of indents and estimates can be done away with to improve efficiency and perform better’ Give your critical views on the above recommendation.


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