KFC LOWER 06_18-10-2020 Kerala Financial Code (Paper II) *

  KFC LOWER 06



Kerala Financial Code (Paper II) 

Date of Test 18-10-2020 


Question1:-The Text of the Financial Code is contained in __________ of KFC. 

        A:-Vol I 

        B:-Vol II 

        C:-Vol III 

        D:-NOTA (None of the above) 

        Correct Answer:- Option-A 


Question2:-The Formal acceptance by an administrative department of a proposal for incurring a specified amount of expenditure on a specified work required by, or in connection with that administrative department is called ______________ 

Question3:-The details of Revenue realised by Govt. are shown in the __________ of the receipt book. 

        A:-Duplicate 

        B:-Copy 

        C:-Counterfoil 

        D:-None of the above 

        Correct Answer:- Option-C 


Question4:-One of the Duties of the Departmental Controlling Officers in respect of Maintenance of Accounts is to see that the reconciliation of the figures for March is completed, ____________ 

        A:-Before the accounts of the year are closed 

        B:-By March itself 

        C:-Before Dec. 31st 

        D:-NOTA 

        Correct Answer:- Option-A 


Question5:-Rent of a Govt. building used as residence should be fixed again by PWD for _________ 

        A:-Pay revision of occupants 

        B:-Addition/Alterations subsequently made 

        C:-Tax revision of local body 

        D:-NOTA 

        Correct Answer:- Option-B 


Question6:-Is there any obligation on the part of Disbursing Officer/Treasury Officer to intimate the Rent deduction to the occupants of Govt. building, on receipt of Demand Statement of Rent 

        A:-Legally obliged 

        B:-It is a practice 

        C:-Not obliged 

        D:-NOTA 

        Correct Answer:- Option-C 


Question7:-When any Govt. building or property is let to a person not in Govt. service, the full assessed rent for __________ month should be recovered from him in advance. 

        A:-12 months 

        B:-6 months 

        C:-3 months 

        D:-NOTA 

        Correct Answer:- Option-D 


Question8:-Every Heads of Department submit annually a statement showing the remissions of revenue sanctioned during the preceding financial year on or before 

        A:-March 31st 

        B:-June 1st 

        C:-September 30th 

        D:-Nota 

        Correct Answer:- Option-B 


Question9:-Waiver of Revenue is the forsaking of recovery of over payments and other similar claims without exploring all possible means of --------         

A:-Collection 

        B:-Write off 

        C:-Recovery 

        D:-Nota 

        Correct Answer:- Option-C 


Question10:-The standards of Financial Propriety is the principles followed in 

        A:-Expenditure 

        B:-Payment 

        C:-Revenue 

        D:-Nota 

        Correct Answer:- Option-A 


Question11:-In a direct a Store Purchase, Tender accepted within the period of one year of issue of sanction and no payment effected, Say sanction will remain 

        A:-Sanction will lapse 

        B:-Will not lapse 

        C:-Fresh sanction for payment needed 

        D:-Nota 

        Correct Answer:- Option-B 


Question12:-What is the period of Notice required for an unconditional power of revocation or cancellation by Govt., from a Contract that likely to continue more than 5 years? 

        A:-One year 

        B:-9 months 

        C:-6 months 

        D:-3 months 

        Correct Answer:- Option-C 


Question13:-A bill of claim that do not require Countersignature held to have become due on the date of 

        A:-Sanction to the claim 

        B:-It's accrual 

        C:-Sanction or accrual, which ever is later 

        D:-Date of submission 

        Correct Answer:- Option-C 


Question14:-When do the claims of Travelling Allowance become due for payment

        A:-After the close of the month of journey 

        B:-After one month of journey 

        C:-Immediately after journey 

        D:-After 3 months 

        Correct Answer:- Option-A 


Question15:-Interest @18% per annum will be charged on the unutilized portion of Tour advance, from the 

        A:-date of travel to date of duty back 

        B:-date of drawl to date of travel 

        C:-date of drawl to date of refund 

        D:-date of travel to date of refund 

        Correct Answer:- Option-C 


Question16:-The period of limitation of time to claim arrears of pay and allowances, including leave salary is __________ years from the date when the claim fell due for payment. 

        A:-5 

        B:-8 

        C:-10 

        D:-NOTA 

        Correct Answer:- Option-A 


Question17:-What is the normal rate of recovery that may be made from the pay of Govt. Servant 

        A:-25% 

        B:-33`(1)/(3)` % 

        C:-40% 

        D:-NOTA 

        Correct Answer:- Option-B 


Question18:-Audit Officer is empowered to report to govt as to the unremedied objections kept for more than ___________ months.         

A:-1 

        B:-2 

        C:-3 

        D:-6 

        Correct Answer:- Option-C 


Question19:-The staff of Treasury dept. are allowed to encash their salary bills on __________ working day of a month.        

 A:-30th 

        B:-1st 

        C:-2nd 

        D:-3rd 

        Correct Answer:- Option-B 


Question20:-As soon as a Govt. Servant is admitted to the Provident Fund, the PF A/C No allotted should be noted on the right hand top of page 1 of his ___________ with rubber stamp or in red ink. 

        A:-PF Ledger 

        B:-PF Passbook 

        C:-Service book 

        D:-GE Register 

        Correct Answer:- Option-C 


Question21:-Who is responsible for making appropriate deduction of Income Tax from the salary of any Govt. servant at the time of payment         

A:-Head of Office 

        B:-Disbursing Office 

        C:-Drawing Officer 

        D:-Treasury Officer 

        Correct Answer:- Option-B 


Question22:-Who is to draw the pay of the debtor employee in cases where the Govt. servant concerned intentionally allows his pay to remain undisbursed or undrawn with a view to evading payment on account of dues to Co-op societies 

        A:-Disbursing Office 

        B:-Treasury Officer 

        C:-Head of Office 

        D:-Administrative head of Office 

        Correct Answer:- Option-D 


Question23:-The Govt. Servant should himself, at the time of proposing for insurance, remit the first _________ instalments of the premium direct to LIC. 

        A:-One 

        B:-Two 

        C:-Three 

        D:-NOTA 

        Correct Answer:- Option-B 


Question24:-Who are the authorities competent to sanction Contingent Expenditure 

        A:-Head of Office 

        B:-Gazetted Officer 

        C:-Non-gazetted subordinate 

        D:-All the above 

        Correct Answer:- Option-D 


Question25:-A running contract is a contract for the supply of an approximate quantity of stores at a __________ price during a certain period.         

A:-Fixed 

        B:-Specified 

        C:-Market 

        D:-Competitive 

        Correct Answer:- Option-B 


Question26:-Rate Contract are settled by ___________ 

        A:-Heads of Department 

        B:-Finance Department 

        C:-Store Purchase Dept. 

        D:-NOTA 

        Correct Answer:- Option-C 


Question27:-Form of Quotation notice is given in KFC Vol I as annexure _________ 

        A:-I 

        B:-II 

        C:-III

        D:-NOTA 

        Correct Answer:- Option-A 


Question28:-In Annexure VIII, the standard form of supply order as per Article ________ of KFC Vol I is provided. 

        A:-148-a-ii 

        B:-140-IV 

        C:-141 

        D:-139-C 

        Correct Answer:- Option-D 


Question29:-Before preparing the detailed Plan and Estimate for a proposed construction, priority is given to __________         

A:-Fund allocation 

        B:-Selection of site 

        C:-Govt. Sanction 

        D:-NOTA 

        Correct Answer:- Option-B

 

Question30:-Clarify whether ant Govt. servant may enter into a contract for the execution of a work where no funds have been duly provided for it         

A:-Can't enter into a contract 

        B:-Can enter if hopeful of fund 

        C:-Can enter if only assurance of fund received 

        D:-NOTA 

        Correct Answer:- Option-C 


Question31:-The necessity to start a work immediately on the occurrence of some sudden, unforeseen emergency and the methods of execution are explained in Article ___________ of KFC Vol I. 

        A:-185 

        B:-186 

        C:-188 

        D:-NOTA 

        Correct Answer:- Option-A 


Question32:-During the execution of a work departmentally, the wages of labour engaged are drawn on Muster Rolls, which is prepared for each ____________ 

        A:-Day 

        B:-Week 

        C:-Month 

        D:-NOTA 

        Correct Answer:- Option-C 


Question33:-All works done otherwise than by daily labour and all supplies relating to a work are recorded in ___________         

A:-Log book 

        B:-M book 

        C:-Work register 

        D:-NOTA 

        Correct Answer:- Option-B 


Question34:-Governor, Board of Revenue, Dist Collector, RDO and Tahsildar have the right to sanction _________ Grant.         

A:-Discretionary 

        B:-Compassionate 

        C:-Natural calamity 

        D:-NOTA 

        Correct Answer:- Option-A 


Question35:-Grants-in-aid and Contributions to local bodies are regulated by __________ 

        A:-KFC Art. 212 

        B:-General or Special order of Govt. 

        C:-Treasury 

        D:-NOTA 

        Correct Answer:- Option-B 


Question36:-Rules for payment of Building and Furniture Grants to Libraries allows assistance not exceeding ____________ of the estimate for building and furniture. 

        A:-25% 

        B:-40% 

        C:-50% 

        D:-NOTA 

        Correct Answer:- Option-C 


Question37:-What is the amount payable to the transportation of dead body of a govt. servant dying in Harness?         

A:-TA claim from work place to residence after retirement 

        B:-Salary for one month 

        C:-Actual expenses 

        D:-NOTA 

        Correct Answer:- Option-A 


Question38:-Which authority has the power to sanction any advance for purchase of motor conveyance? 

        A:-Accountant General 

        B:-Govt. 

        C:-Head of Dept. 

        D:-Finance Dept. 

        Correct Answer:- Option-B 


Question39:-Marriage advance amount equal to __________ times of basic pay, subject to a maximum of Rs. 30,000 is sanctioned to class IV employee as marriage assistance of their female children. 

        A:-15 

        B:-20 

        C:-25 

        D:-NOTA 

        Correct Answer:- Option-A 


Question40:-Advance pay sanctioned to a transferred employee should be recovered from his salary in __________ monthly instalments.         

A:-5 

        B:-4 

        C:-3 

        D:-NOTA 

        Correct Answer:- Option-C 


Question41:-The scheme of 'writing off' the liabilities of govt. servants dying in harness, up to 2 Lakh was come into force with effect from __________

        A:-16.9.1985 

        B:-17.6.1997 

        C:-01.7.2014 

        D:-NOTA 

        Correct Answer:- Option-B 


Question42:-What is the limit of money that a class IV staff can transmit from his office 

        A:-2,00,000 

        B:-1,00,000 

        C:-50,000 

        D:-25,000 

        Correct Answer:- Option-C 


Question43:-Every application for extension of leave to a gazetted Officer should reach Govt. not less than __________ weeks before expiry of leave already granted. 

        A:-One 

        B:-Two 

        C:-Three 

        D:-Four 

        Correct Answer:- Option-B 


Question44:-Who is to report the matter of death of a Pensioner, to the Disbursing Officer? 

        A:-Treasury Officer 

        B:-Head of Office 

        C:-Village Officer/Executive Authority 

        D:-NOTA 

        Correct Answer:- Option-C 


Question45:-What extend of land can be transferred from one dept. to another, by the Board of Revenue? 

        A:-Fifty cents 

        B:-Below one Acre 

        C:-One to two acres 

        D:-Two to five acres 

        Correct Answer:- Option-D 


Question46:-State whether Railway warrants for traveling can be issued for Mail trains 

        A:-Yes 

        B:-No 

        C:-By explaining the reasons 

        D:-For higher officials 

        Correct Answer:- Option-C 


Question47:-The Premium Deduction book of a policyholder is kept by 

        A:-Policyholder 

        B:-Head of office 

        C:-LIC local branch 

        D:-NOTA 

        Correct Answer:- Option-A 


Question48:-KFC Form 9 is the copy of __________ executed by the heirs of a deceased govt. servant with Govt. while claiming the arrears of pay and allowances. 

        A:-Surety bond 

        B:-Indemnity bond 

        C:-Agreement 

        D:-NOTA 

        Correct Answer:- Option-B 


Question49:-Certificate showing utilisation of Grants-in-aid, namely "Form of Utilisation Certificate" is available as ___________        

 A:-Form 44, KFC II 

        B:-Form 45, KFC 

        C:-Form 46, KFC 

        D:-NOTA 

        Correct Answer:- Option-A 


Question50:-Report of Transfer of Charge as per Form 7, KFC is signed in order by 

        A:-Relieving Officer and  Controlling Officer 

        B:-Relieved Officer and Controlling Officer 

        C:-Relieving and Relieved Officers 

        D:-Relieved and Relieving Officers 

        Correct Answer:- Option-D 


Question51:-The complete accounts of the Central Govt. and each State Govts. are maintained at the Central Accounts Section of Reserve Bank of India at ____________ 

        A:-Nagpur 

        B:-Mumbai 

        C:-Kolkata 

        D:-Delhi 

        Correct Answer:- Option-A 


Question52:-Cash balances held in a State Treasury form part of the following of the state to which the treasury belong         

A:-Consolidated fund 

        B:-Public account 

        C:-Contingency fund 

        D:-All the above 

        Correct Answer:- Option-D 


Question53:-Day book is used in _________ 

        A:-AG's Office 

        B:-Banks 

        C:-Treasuries 

        D:-NOTA 

        Correct Answer:- Option-C 


Question54:-Contingency fund of the State is under the custody of __________ 

        A:-Govt. 

        B:-Finance Dept 

        C:-Governor 

        D:-NOTA

        Correct Answer:- Option-C 


Question55:-The Reserve Bank of India Act was enacted in the year 

        A:-1908 

        B:-1934 

        C:-1947 

        D:-1950 

        Correct Answer:- Option-B

 

Question56:-A Check Register in Form _________ is maintained in all treasuries for the record of all cash and transfer transactions.         

A:-TA 2 

        B:-TA 3 

        C:-TA 4 

        D:-TA IV 

        Correct Answer:- Option-B 


Question57:-Register of Reserve Bank Deposits are maintained in Form 

        A:-TA 3 

        B:-TA 4 

        C:-TA 5 

        D:-NOTA 

        Correct Answer:- Option-C 


Question58:-The remittance made directly or through currency chest between any two treasuries, both under a ___________ is classified as local remittance. 

        A:-State Govt. 

        B:-Single Govt. 

        C:-Central Govt. 

        D:-NOTA 

        Correct Answer:- Option-B 


Question59:-Transactions of all Local Funds are entered in Personal Deposit Register, which is maintained in ____________         

A:-Form 15 

        B:-Form 18 

        C:-Form 20 

        D:-NOTA 

        Correct Answer:- Option-A 


Question60:-The transactions of all local funds including Municipal and Cantonment funds are recorded in the forms used for Personal Deposits, but kept quite distinct as  

        A:-Public Deposit 

        B:-Local Funds 

        C:-Private Deposit 

        D:-NOTA 

        Correct Answer:- Option-B 


Question61:-The procedure of adjustment of Municipal Rates and Taxes on Govt. buildings are explained in Article ___________ of KAC I.         

A:-40 

        B:-42 

        C:-45 

        D:-NOTA 

        Correct Answer:- Option-A 


Question62:-All amounts due to Govt. which are found to be irrevocable are __________ from Debt head a/c. 

        A:-Subtracted 

        B:-Written off 

        C:-Transferred 

        D:-NOTA 

        Correct Answer:- Option-B 


Question63:-In the following, which is not a Tax Revenue 

        A:-Tax on Income and Expenditure 

        B:-Tax on property and Capital Transactions 

        C:-Tax on Commodities and Service 

        D:-Interest receipt, profit 

        Correct Answer:- Option-D 


Question64:-Which one among the following included in the list of Standard detailed head 

        A:-Salaries 

        B:-Wages 

        C:-Travel expenses 

        D:-All the above 

        Correct Answer:- Option-D 


Question65:-Recoveries on account of Committed Value of Pensions effected from other Govt.s should be treated as deduction from ___________         

A:-Expenditure 

        B:-Payment 

        C:-Recovery 

        D:-NOTA 

        Correct Answer:- Option-A 


Question66:-Agreement between the Raj Pramukh of Travancore-Cochin and Reserve Bank of India towards general banking business was signed on ___________ 

        A:-15.8.1947 

        B:-26.1.1950 

        C:-30.6.1952 

        D:-NOTA 

        Correct Answer:- Option-C 


Question67:-Contingency Fund is provided to the Central/State Govts. to meet _______ expenses. 

        A:-Unforeseen 

        B:-Regular 

        C:-Debt payments 

        D:-NOTA 

        Correct Answer:- Option-A 


Question68:-Finance Dept. issue circular to whom, to prepare Departmental Estimates for Budget 

        A:-Chief Secretary 

        B:-Dist Collector

        C:-All Heads of Department 

        D:-NOTA 

        Correct Answer:- Option-C 


Question69:-Appropriation Act is the legal authority for the withdrawal of money from __________ Fund. 

        A:-Consolidated 

        B:-Contingency 

        C:-State Fund 

        D:-NOTA 

        Correct Answer:- Option-A 


Question70:-In State Assembly who place the Budget before the Legislature 

        A:-Finance Minister 

        B:-Chief Minister 

        C:-Finance Secretary 

        D:-NOTA 

        Correct Answer:- Option-A 


Question71:-Chapter wise classification of contents are made in _________ 

        A:-Kerala Financial Code 

        B:-Kerala Budget Manual 

        C:-Kerala Account Code 

        D:-NOTA 

        Correct Answer:- Option-B 


Question72:-Demand for Grant is the request of ___________ to _________ for a specified sum of money. 

        A:-Finance Minister to Legislature 

        B:-Finance Department to Legislature 

        C:-Executive to Legislature 

        D:-NOTA 

        Correct Answer:- Option-C 


Question73:-Supplementary Demand for Grant is the request for funds for a __________ service. 

        A:-New 

        B:-Existing 

        C:-Old 

        D:-NOTA 

        Correct Answer:- Option-A 


Question74:-Govt. Accounts are classified into ___________ tier system. 

        A:-3 

        B:-4 

        C:-5 

        D:-NOTA 

        Correct Answer:- Option-C 


Question75:-To meet unforeseen expenditure, to avoid delay in drawing money from treasury, to avoid official and other formalities, what amount is sanctioned to Govt. Offices 

        A:-Permanent Advance 

        B:-Petty Cash 

        C:-Contingency Fund 

        D:-NOTA 

        Correct Answer:- Option-A 


Question76:-Vote on account is the advance grant given by Assembly to meet the expenditure for ___________ 

        A:-Next Financial Year 

        B:-Part of New Year 

        C:-Current Year 

        D:-NOTA 

        Correct Answer:- Option-B 


Question77:-Sanctioning of Refund of Revenue are subject to the following 

        A:-Book of Financial Powers 

        B:-Administrative orders 

        C:-Departmental manuals and standing orders 

        D:-All the above 

        Correct Answer:- Option-D 


Question78:-What is the reason for Surrender of Budget allocation? 

        A:-Excess and unexpended stages of allotments 

        B:-Surplus allotments 

        C:-Stagnant plan situations 

        D:-NOTA 

        Correct Answer:- Option-A 


Question79:-Scrutiny of estimates prepared by departments are explained in ___________ of KBM. 

        A:-Chapter 45 

        B:-Chapter 48 

        C:-Chapter 50 

        D:-NOTA 

        Correct Answer:- Option-B 


Question80:-Who examine the Logbook and issue certificate for claiming amount for petrol etc. from Treasury? 

        A:-Drawing Officer 

        B:-Driver 

        C:-Head of Dept. 

        D:-NOTA 

        Correct Answer:- Option-A 


Question81:-In ordinary tenders for store purchase, 2 month time is granted for ___________ 

        A:-Withdrawal from Contract 

        B:-Paying EMD 

        C:-Firmness of rate 

        D:-NOTA 

        Correct Answer:- Option-C 


Question82:-Leave application should reach Govt. one month prior to data of leave, in the case of _________ Officers.         

A:-Gazetted

        B:-Non gazetted 

        C:-Head of Department 

        D:-NOTA 

        Correct Answer:- Option-A 


Question83:-Interest @ 18% is charged on unutilized portion of ___________ Advance. 

        A:-Festival 

        B:-Tour 

        C:-Pay 

        D:-NOTA 

        Correct Answer:- Option-B 


Question84:-Copy of Govt. orders shall be communicated to the Accountant General, related to ___________ Officers.         

A:-Gazetted 

        B:-Govt. Secretaries 

        C:-Heads of Department 

        D:-NOTA 

        Correct Answer:- Option-A 


Question85:-What steps are to be taken by a Govt. servant before finally entering in to a Contract on behalf of Govt.?         

A:-Financial advice 

        B:-Departmental Codes and GOs 

        C:-Legal advise 

        D:-All the above 

        Correct Answer:- Option-D 


Question86:-Sanction from Head of Department become necessary when a claim against Govt. not represented with in ___________ years.         

A:-2 

        B:-5 

        C:-8 

        D:-10 

        Correct Answer:- Option-A 


Question87:-Six years is the period limited to claim the arrears of ____________ from the date when claim fell due for payment.         

A:-Pension 

        B:-Gratuity 

        C:-Pay 

        D:-NOTA 

        Correct Answer:- Option-B 


Question88:-Under provisions of Govt. of India (Audit and Accounts) order 1936, who possess the power to certify certain documents as "Secret"         

A:-CAG 

        B:-President 

        C:-Governor 

        D:-NOTA 

        Correct Answer:- Option-C 


Question89:-How many states in India are out of business control of RBI? 

        A:-1 

        B:-2 

        C:-3 

        D:-NOTA 

        Correct Answer:- Option-A 


Question90:-In a Rate Contract, the supply of stores are expected in ____________ rates during the period covered by Contract.         

A:-Fixed 

        B:-Specified 

        C:-Flexible 

        D:-NOTA 

        Correct Answer:- Option-B 


Question91:-When a Govt. servant buys materials for the execution of a work, what rules he should comply? 

        A:-Stores Purchases Rules 

        B:-Agreement Conditions 

        C:-GST Rules 

        D:-NOTA 

        Correct Answer:- Option-A 


Question92:-Payment of bill to a Contractor is strictly limited after ___________ 

        A:-Signing of Agreement 

        B:-Completion of work 

        C:-Check measurement of work 

        D:-NOTA 

        Correct Answer:- Option-C 


Question93:-Procedure for sanctioning Grants to Libraries and Grandhasala Sanghom are explained in Article __________ of KFC I.         

A:-210 

        B:-215 

        C:-220 

        D:-NOTA 

        Correct Answer:- Option-B 


Question94:-Which body decide the grades of Libraries in Kerala? 

        A:-Library Council 

        B:-Kerala Grandhasala Sanghom 

        C:-DPI 

        D:-NOTA 

        Correct Answer:- Option-D 


Question95:-Contributions to the Devaswam Fund is made by Govt. as per __________ 

        A:-Article 229 of KFC 

        B:-Article 290-A of Indian Constitution 

        C:-Cabinet decisions 

        D:-NOTA 

        Correct Answer:- Option-B 


Question96:-Advances to Govt. Servants are sanctioned in accordance with rules contained in Articles _____________ of KFC I.         

A:-220 - 225

        B:-226 - 238 

        C:-229 - 246 

        D:-NOTA 

        Correct Answer:- Option-D 


Question97:-Advance for purchase of Motor Car, to Govt. servant is dealt with in Article __________ KFC I. 

        A:-242 

        B:-243 

        C:-244 

        D:-NOTA 

        Correct Answer:- Option-A 


Question98:-A second Motor conveyance advance is eligible to a Govt. servant after full repayment of earlier advance and lapse of ___________ years.         

A:-10 

        B:-15 

        C:-20 

        D:-NOTA 

        Correct Answer:- Option-B 


Question99:-What is the minimum period of service further required to a Govt. servant for retirement, to avail House building advance?         

A:-2 

        B:-5 

        C:-8 

        D:-10 

        Correct Answer:- Option-A 


Question100:-After disbursement of loan from KSHB, period allowed for construction of building is just ____________ years.        

 A:-5 

        B:-3 

        C:-2 

        D:-1 

        Correct Answer:- Option-D


No comments:

Post a Comment

Note: only a member of this blog may post a comment.