ASST FINANCIAL ADVISER EXAM 2017 SOUTHERN RAILWAY

Southern Railway

EXAMINATION FOR SELECTION FOR THE POST OF ASST FINANCIAL ADVISERS (70%)

                                              

DATE : 10.11.2017                                   TIME: 3 HOURS                                        MARKS:  150

ANSWER ANY FIVE QUESTIONS. ALL QUESTIONS CARRY EQUAL MARK

.1. Expand the following

  1.OR                           2. EBR-IF                 3. STS Rates          4 IRCTC        5. SECR

  6. GST                        7. IGST                     8. RDA                   9. ROB          10.DFC

 11.ERP                        12.DOB                    13.CPC                  14.PCCM        15.PFA

 16.PCMM                   17. RRSK                 18. NSIC                19.CRIS          20.ICMS    

 21. HOER                   22.JCM                     23.RRB                  24.WMS         25.PPO

 26.DCRG                    27.GTKM                 28.OLWR              29.EMU          30.TM

                                                                                                                                            (30 x1 =30 Marks)

2. Write an essay on the following in about 500 words.

     “Environment and initiatives taken by Indian Railways”

                                                                                                                                                  (30 Marks)

3. What do you understand by Station Outstanding ? How are they classified? How are they cleared?                                                                                                                   (4 x 5 + 10 = 30 Marks)

4.Write short notes on any Five

    (a) Operating Ratio (b) Inventory control (c) Open Tender System (d)  Transfer without financial adjustment (e) Different kinds of Pay  (f) Modern Techniques of Inventory Control

                                                                                                                                        (6 x 5 = 30 Marks)

5.What are the methods of reducing cash handling? Should we have cashless transactions? What are the benefits?                                                                                                            (10+10+10= 30 Marks)           

6. (a) Give a narrative of Official language Policy of Govt of India. What steps would you recommend for improving the usage of Hindi?

     (b) What are different kinds of Pension? Write a brief note on  Commutation of Pension duly covering all aspects of it

                                                                                                                                       (15+15= 30 Marks)

7.Describe the functions of Accounts Dept. What do you understand by Internal Check ? Explain     

                                                                                                                                        (15+15=30 Marks)

8.(i) What is the Purchase Policy of Govt of India?

   (ii) What are the kinds of Tenders?

   (iii)Why is it necessary to maintain Funds Register?

 (iv) Explain Force Majeure Clause

                                                                                                                                 (5+10+7+8= 30 Marks)

                                         

9.What are on cost charges? Explain in detail.

                                                                                                                                                    (30 Marks)

10.What are the various sources of Railway Finances ?

                                                                                                                            (30 Marks)                                                           

^{Updated by D Xavier Gnanaraj Retd SRAFA/IC/PER on 16.11.2017}