LDCE2011SR
SOUTHERN RAILWAY
LDCE FOR THE POST OF AFA (GROUP ‘B’ SERVICE)
DATE: 05.01.2011 PAPER – I
GENERAL KNOWLEDGE AND
ENGLISH, OFFICIAL LANGUAGE POLICY, GENERAL PRINCIPLES OF GOVT ACCOUNTING AND
AUDITING WITH SPECIAL REFERENCE TO THE RAILWAYS
BOOKS AND BUDGET
INCLUDING TRAFFIC BOOK
TIME: 3 HOURS MAXIMUM
MARKS 150
IMPORTANT
THIS PAPER CONTAINS
TWO SECTIONS – A & B. BOTH SECTIONS TO HAVE TO BE ANSWERED. SECTION A
CARRIES 50 MARKS AND SECTION B CARRIES 100 MARKS.
SECTION A MAXIMUM
MARKS -50
Q.I Write a short note
in about 10 lines Required to answer only two questions (2 X 5 = 10)
a. permanent seat for india
b. IT boom in india
c. growth of
infrastructure india
d. global warming
Q.II “ 21st century is
expected to be a century in which china and india
QIII. Expand the
following abbreiviations Answer any ten (10 x 1 = 10)
MACP
SEBI
BOOT
CISR
IMF
NSE
ISRO
BRIC – Countries
ONGC
UNDP
ILO
TRAI
Q IV Make sentences
with any five of the following and give the meaning within the brackets (5 x 2 = 10)
Make a clean breast of
Blow the trumpet
Few and far between
Splitting hairs
Take the wind out of
the sails
Bury the hatchet
Apropos
Burn the mid-night
candle
Q V Fill up the blanks
with suitable preposition:
(5 x 1 = 5)
The absence ------
census data is taken advantage ----- various persons ------ each state ------- boost
the estimates
------persons speaking
their language.
Q VI Who are the
authors of the following books? Answer any five (5 x 1 = 5)
My experiences with
Truth
War and peace
Das capital
Pride and prejudice
Discovery of india
Geetanjali
SECTION B
THIS SECTION CONTAINS TWO PARTS – A & B.
ATTEMPT FOUR QUESTIONS TAKING ANY TWO FROM EACH
PART
ALL QUESTIONS CARRY
EQUAL MARKS OF 25 EACH.
PART A
(25 x 2 = 50)
Q II. Explain how the
statistical compilations help in the main functions of traffic costing cell.
Q III (a) Write short
notes on any two
(2 x
5=10)
i.
Zero based
budgeting
ii. action taken note
iii. activity based costing
iv. urgency certificate
(b)
what are the salient features of the official language policy of Govt of
india
Q IV (a) what are
appropriation accounts?
(b) annexure ‘J’ is the index of
efficiency of accounts dept – discuss (18
+ 7 = 25 )
PART B
Q V (a) what is the
need for separate audit by representatives of the comptroller and audito
general of india
(b)
with more effective organization of internal auditing can this be
dispensed with ? discuss in detail
(
12 ½ x 12½)
Q
VI what steps you would suggest to control the expenditure both on
establishement and non-establishment to improve the railway finances which are
affected badly due to implementation of 6th pay commission award . (25)
QVII
a. what does performance budget mean?
b. what particular reference to the
railway give example from the budget classification and discuss their
importance and utility
(10 + 15)
QVIII
a. write short notes on any two
(2x5=10)
i. reserve bank suspense
ii. railway convention committee
iii. material modification
iv. wagon turn around
b. answer in one word (15
x 1= 15)
i. the objective of maintaining suspense heads
in railway accounting is to ensure a link between the systems of -----------
and -------------
ii. on the expenditure side the revenue
liability of the railways for a month are adjusted to working expenses thorugh
suspense head ---------
iii. consumption of materials obtained for
specific purpose is watched through --------- account of the work.
iv. to verify whether the financial return
anticipated from a project at the estimate stage is actually realized or not
railways conduct ---------- test.
v. credit realized from surplus stock found in
stock verification ----------- taken as reduction in demand (is taken as / not)
vi. any amount
required to satisfy the award of arbitrators is a --------- expenditure.
vii. the mechanism used for concurrent
regulation of cash out go against cash content of budget is known as
------------.
viii. the amount of all cheques drawn for the
day is ----------------- to the head ‘ cheques and bills’.
ix. chques and bills reconciliation is made
between ------------ and -------------- and the balance represents
--------------------
x. for preparation of
passenger earnings budget the statistical statement used is known as
-----------.
xi. when as asset is repaired at comparatively
high cost in preference to it being replaced it is known as -------------.
xii. when stores are purchased for general
purpose, the value of the material is debited to ------------ head.
xiii. interest and maintenance charges on
account of assisted sidings is classified as
-------------.
xiv. implementation of exchequer control
involves correct assessment of ---------------- and --------------- portion of
sactioned annual budget.
xv. the cost of replacement of ballast
involving improved type of ballast is
charged to ------------.
&/&/&/&/&/&/&/&/&/&/&/&/&/&/&/&/&/&/&/&/&/&/&/&/&/
WWWWWWWWWWWWWWWWWWWWWWWWWWWW
LDCE2011SR
SOUTHERN RAILWAY
LDCE FOR THE POST OF
AFA (GROUP ‘B’ SERVICE)
DATE: 06.01.2011 PAPER – II
TIME: 3 HOURS MAXIMUM
MARKS 150
IMPORTANT
TOTAL OF SIX QUESTIONS
ARE TO BE ANSWERED.
TWO FROM PART –I TWO
FROM PART – II AND TWO FROM EITHER PART –III –A OR PART –III B AS PER OPTIONS
ALREADY GIVEN.
ALL QUESTIONS CARRY
EQUAL MARKS OF 25 EACH.
PART I
50
MARKS
financial
justification for expenditure and traffic costing:
answer any two
Q1. There is an overwhelming
view that the cross subsidy of passenger traffic by freight traffic should be
given up and there should be alignment of tariff with cost. how far our traffic
costing system can be rlied upon to help taking decisions in such an important
area? discuss in detail.
Q2 a. explain the
following methods for financial appraisal of a project with assumed figures;
i. pay back method, ii. internal rate of
return, iii. net present value
(3x4=12)
b.
you are required to justify a gauge conversion project. what factors would you
take in to consideration for working out the financial implications of the
proposal?
(1x3=13)
Q3 a. what is meant by
‘sensitivity analysis’ in capital budgeting ?
b. examine the scope of sensitivity analysis
in a traffic survey report for the construction of a new railway line? (10+15=25)
Q4 a. expalain the
concept of joint costs in railway operation.
b. How such costs are apportioned among
various activities of the railway?
(10+15=25)
PART II
MANAGEMENT ACCOUNTING MAX
MARKS 50
Q 5 a. discuss the important accounting ratios wihc
are exmployed to judge the financial performance of a company.
b.Are these or similar ratios employedin
judging the performance of railways? (10+15=25)
Q 6 The ratios
relating to the activities of National Traders Limited areas follows:
debtors’ velocity – 3 months, stock
velocity – 8 months, creditors velocity – 2 months, gross profit ration 25 %
gross profit for the current year ended
31st Dec amounts to Rs 4 lakhs. closing stock of the year is Rs 10000/ above
the opening stock. bills recoverable amount to Rs 25000/- and Bills payable to
Rs 10000/-. find out the (a’ sales (b) sundry debtors (c) closing stock and (d)
sundry creditors
Q 7 a. write in detail
about the applications of breakeven analysis
b. explain the difference between trofit
centre and cost centre
c. explain the difference between
standard costing and job costing
(13+6+6=25
Q 8. ABC Limited
manufactures and sells 4 type of products under the brand names A
operating costs are
variable cost as percentage of selling price. Product A – 60%, Product B – 68%,
Product C- 80% and Product D- 40%. calculate the break even ppint for the
products on the overall basis.
Q9 a. what do you
understand by ‘life cycle costing’?
b. what are the important areas where it
can be employed?
c. How is it an important over the normal
costing system?
(9+8+8=25)
PART III – A
TRAFFIC
ACCOUNTS, STATISTICS and ESTABLISHMENT
answer any two (2
x 25= 50)
Q10 Checks in Traffic
Accounts Office can not be final and have to be supplemented by checks by TIAs.
discuss this with reference to atleast two
returns / documents received in traffic accounts office.
Q11. Write short notes
on any four (4
x 6 ¼= 25)
a.
terminal
charges, b. reconstruction of a delivery book of a station destroyed in fire c.
engine performance statistics d. running allowance e. specific fuel consumption
f. leave not due g. next below rule
Q12. How far the present method of compilation and
presentation of statistical date in railway help in effective management
decision and contral on Indian railways?
Q13 a. what are the
different kinds of leave admissible
under the railway rules?
b.
what are
the limits upto which leave can be accumulated and availed at a time?
c.
to what
extent one can avail leave including extraordinary leave?
(10+7 ½ + 7 ½=25)
PART III (B)
Workshop And Stores
Accounts And General Expenditure
answer an two
questions (2
x 25=50)
Q 14. Explain the
merits and demerits of the existing stock verification system and give concrete suggestion for reater efficacy
Q15.a. what are the
constituent elements of workshop manufacture suspense?
b. what are the objectives of a job
costing system as followed in a railway workshop
c. how the above system is used to
arrive at accurate costing figures?
(9+8+8=25)
Q16. write short notes on any four (4 x 6 ¼ = 25)
a.
risk
purchase b. proforma on cost c. workshop general register d. CLW pattern of
incentive e. rate contract f. price ledger g. under/over charges
Q17 a. examine the
significance of drawing up completion reports for works
b.what are the problems in finalizing
the completion report within a reasonable period?
c.
what steps should be taken to expedite the process?
(9+8+8=25)
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