KFC LOWER 07_ KERALA FINANCE CODE PAPER II*

KFC LOWER 07



Kerala Financial Code (Paper II) 

Date of Examination

24-10-2019 


Question1:-The transfer of savings in the appropriation for a unit of appropriation to meet excess expenditure anticipated under another unit is called _____________. 

        A:-Re-appropriation 

        B:-Surrender 

        C:-Allocation 

        D:-None of the above 

        Correct Answer:- Option-A 


Question2:-All Articles and Materials (other than Cash/Documents) which come into the possession of a Govt. Servant for use in public service are called ___________. 

        A:-Front office 

        B:-Store 

        C:-Go-down 

        D:-Record Room 

        Correct Answer:- Option-B 


Question3:-The Comptroller and Auditor General of India derive his powers and duties in relation to Accounts of the Union and of the States, from the Constitution of India, Article __________. 

        A:-149 

        B:-150 

        C:-149 and 150 

        D:-151 and 152 

        Correct Answer:- Option-C 


Question4:-The Fund provided to the Central Govt. and each State Govt. for meeting unforeseen expenditure is called ____________.         

A:-Consolidated fund 

        B:-Public fund 

        C:-Plan fund 

        D:-Contingency fund 

        Correct Answer:- Option-D 


Question5:-What is the extent of Govt. land that can be transferred from one department to another by the Dist. Collector?         

A:-10 Acres 

        B:-5 Acres 

        C:-3 Acres 

        D:-2 Acres 

        Correct Answer:- Option-D 


Question6:-What is the quantum of cash that one supervisory staff and one peon are allowed to transmit from one Govt. Office?        

 A:-Upto 50000 

        B:-Upto 100000 

        C:-Above 100000 

        D:-None of the above 

        Correct Answer:- Option-C 


Question7:-Any kind of undertaking expressed by a person, other than a Govt. Servant, or by a firm to undertake a work/repair or supply of goods is called __________. 

        A:-Agreement 

        B:-Contract 

        C:-Deed 

        D:-Indemnity Bond 

        Correct Answer:- Option-B 


Question8:-Request for refund of Revenue is rejected if it is received by Govt. after __________ from the date of credit of revenue to the Govt.         

A:-One year

        B:-Two years 

        C:-Three years 

        D:-Five years 

        Correct Answer:- Option-A 


Question9:-What is the time limit allowed for keeping Audit Objections "unremedied"? 

        A:-Three months 

        B:-Six months 

        C:-One year 

        D:-None of the above 

        Correct Answer:- Option-A 


Question10:-Authority for creation of any additional post is vested with ___________. 

        A:-Govt. 

        B:-Finance Department 

        C:-Administrative Department 

        D:-Head of Office 

        Correct Answer:- Option-A 


Question11:-What is the maximum amount of Marriage Advance sanctioned to a Class IV employee? 

        A:-25,000 

        B:-1,50,,000 

        C:-40,000 

        D:-50,000 

        Correct Answer:- Option-B 


Question12:-Before considering a Loan application from a local body, Govt. will require copy of income and expenditure statement and balance sheet, for the last ___________ years. 

        A:-Two years 

        B:-Three years 

        C:-Five years 

        D:-Ten years 

        Correct Answer:- Option-B 


Question13:-The minimum number of books in stock required for Annual Grant in aid to a Library is __________.         

A:-250 

        B:-500 

        C:-600 

        D:-800 

        Correct Answer:- Option-C 


Question14:-How many departments are eligible for encashing their Pay Bills/Cheques on the 1st working day of every month?         

A:-25 

        B:-22 

        C:-19 

        D:-18 

        Correct Answer:- Option-C 


Question15:-Travelling Allowance Bills of Dist. Collectors are counter signed by ___________. 

        A:-Land Rev. Commissioner 

        B:-Chief Secretary 

        C:-Rev. Department 

        D:-None of the above 

        Correct Answer:- Option-D 


Question16:-Income Tax deductions from salary of a Govt. Servant are made by __________. 

        A:-Billing section 

        B:-Head of Office 

        C:-Treasury Officer

        D:-Disbursing Officer 

        Correct Answer:- Option-D 


Question17:-Grant in aid to Local Bodies are mentioned in Article 212 of ___________. 

        A:-KAC 

        B:-KBM 

        C:-KFC 

        D:-KTC 

        Correct Answer:- Option-C 


Question18:-Bills/Cheques relating to Pay and allowances should be presented at the Treasury _________ working days in advance of the day fixed for their encashment. 

        A:-Five days 

        B:-Four days 

        C:-Three days 

        D:-No days prescribed 

        Correct Answer:- Option-C

 

Question19:-What is the share of salary that a deceased Govt. Servant is eligible to the day of his death taken place at 2 PM?         

A:-No salary 

        B:-Full salary 

        C:-Half salary 

        D:-Quarter salary 

        Correct Answer:- Option-B 


Question20:-Among the following, which is not exempted from attachment from court 

        A:-TA 

        B:-Basic Pay 

        C:-CA 

        D:-HRA 

        Correct Answer:- Option-B 


Question21:-The Report of Transfer of Charge by Gazetted Officers are explained in KFC Article _________. 

        A:-81(a) 

        B:-71(a) 

        C:-81 

        D:-71 

        Correct Answer:- Option-A 


Question22:-In Store Purchase what factor is not mentioned normally in a Rate Contract 

        A:-Price 

        B:-Rate 

        C:-Quantity 

        D:-None of the above 

        Correct Answer:- Option-C 


Question23:-What is called "Contingent Charge"? 

        A:-Inevitable expense 

        B:-Incidental expenditure 

        C:-Unforeseen expense 

        D:-Wages 

        Correct Answer:- Option-B 


Question24:-The amount sanctioned to a Govt. Servant to incur for unforeseen expenditure is called _________.         

A:-Petty cash 

        B:-Imp. rest 

        C:-Cash in Hand 

        D:-Permanent Advance 

        Correct Answer:- Option-D


Question25:-__________ is the initial record of labour employed each day on a work. 

        A:-Muster roll 

        B:-Pay roll 

        C:-Attendance 

        D:-A quittance roll 

        Correct Answer:- Option-A 


Question26:-What is the time limit prescribed for communicating the local body about construction / reconstruction of a building by the Govt. within its Completion/Occupation? 

        A:-10 days 

        B:-15 days 

        C:-20 days 

        D:-30 days 

        Correct Answer:- Option-B 


Question27:-The Authorised Govt. Servant sign the Contingent Bill for Recoupment of Permanent Advance as per Article _____________ of KFC.         

A:-82(a) 

        B:-82(b) 

        C:-92(b) 

        D:-92(a) 

        Correct Answer:- Option-C 


Question28:-A supplementary agreement has to be entered into with the Rate Contract Holder for the satisfactory fulfillment of the extended contract as per _____________. 

        A:-KTC 

        B:-KAC 

        C:-KBM 

        D:-KFC 

        Correct Answer:- Option-D 


Question29:-A statement of estimated receipts and expenditure of the state for each financial year has to be laid before the legislature as per Article _____________ of the Constitution. 

        A:-200 

        B:-201 

        C:-202 

        D:-203 

        Correct Answer:- Option-C 


Question30:-Govt. of ______________ have not so far entered into agreement with Reserve Bank of India for the conduct of their general banking business by the Bank. 

        A:-Sikkim 

        B:-Jammu and Kashmir 

        C:-Punjab 

        D:-Haryana 

        Correct Answer:- Option-B 


Question31:-In which Central Govt. Departments, Offices or Branches of Reserve Bank conduct cash transactions and their accounts do not pass through treasury accounts 

        A:-Railways 

        B:-P & T 

        C:-Defence 

        D:-In all the above 

        Correct Answer:- Option-D 


Question32:-Reserve Bank ____________ branch acts as a general clearing house for the adjustment of transactions between different governments.         

A:-Mumbai 

        B:-Kolkata 

        C:-Delhi 

        D:-Nagpur

        Correct Answer:- Option-D 


Question33:-Who is primarily responsible for the correctness of amount drawn from treasury? 

        A:-Countersigning officer 

        B:-Treasury officer 

        C:-Drawing officer 

        D:-Head of office 

        Correct Answer:- Option-C 


Question34:-The Treasury Rules of each State Govt. is issued under Article __________ of Constitution. 

        A:-282 

        B:-283 

        C:-284 

        D:-285 

        Correct Answer:- Option-B 


Question35:-The remittance made directly or through currency chest, between any two treasuries, both under different Govts. is classified as _______________. 

        A:-Foreign Remittance 

        B:-Local Remittance 

        C:-Book adjustment 

        D:-None of the above 

        Correct Answer:- Option-A 


Question36:-Discretionary Grants are sanctioned by whom? 

        A:-Chief Minister 

        B:-Cabinet 

        C:-Legislature 

        D:-Governor and Revenue Officials 

        Correct Answer:- Option-D 


Question37:-Eligibility of Govt. servant, without substantive appointment for House Building Advance is ____________ years continuous service.         

A:-10 

        B:-8 

        C:-5 

        D:-3 

        Correct Answer:- Option-C 


Question38:-The contents of the Kerala Account Code are classified as ____________. 

        A:-Section 

        B:-Paragraph 

        C:-Chapter 

        D:-Articles 

        Correct Answer:- Option-D 


Question39:-What is the first priority as regards a store in Govt. Department? 

        A:-Requirements 

        B:-Fund 

        C:-Sanctions 

        D:-Indent 

        Correct Answer:- Option-A 


Question40:-Copy of Indemnity Bond executed for claiming the arrears of Pay and allowances of a deceased Govt. Servant is incorporated in KFC as Form ____________. 

        A:-25 

        B:-15 

        C:-12 

        D:-9 

        Correct Answer:- Option-D


Question41:-The 2nd part of Report of Transfer of Charges is signed by ____________. 

        A:-Relieved Officer 

        B:-Relieving Officer 

        C:-Counter signing officer 

        D:-Treasury officer 

        Correct Answer:- Option-B 


Question42:-Authorisation of increment is made in the increment register and ____________ by the Drawing Officer, in the case of Non-Gazetted Officers. 

        A:-Incumbency Register 

        B:-Attendance Register 

        C:-Service Book 

        D:-A quittance 

        Correct Answer:- Option-C 


Question43:-"Register of Tenders" is maintained in Form ___________. 

        A:-5 

        B:-10 

        C:-15 

        D:-20 

        Correct Answer:- Option-C 


Question44:-The Powers of Officers to sanction refund of revenue are contained in ____________. 

        A:-Book of Financial Powers 

        B:-KFC 

        C:-KAC 

        D:-KTC 

        Correct Answer:- Option-A 


Question45:-A refund of revenue to which the claimants are legally entitled and the claim is not barred by limitation, process to be taken as per Article ____________ of KFC. 

        A:-35 

        B:-36 

        C:-37 

        D:-None of the above 

        Correct Answer:- Option-C 


Question46:-"Register of Increments" is maintained in Form ____________. 

        A:-9 

        B:-9A 

        C:-9B 

        D:-10 

        Correct Answer:- Option-B 


Question47:-Where is "Register of Adjustment between Central and State Governments" maintained? 

        A:-Reserve Bank 

        B:-Planning Board 

        C:-Finance Department 

        D:-State Treasuries 

        Correct Answer:- Option-D 


Question48:-Where is "Register of Reserve Bank Deposits" kept? 

        A:-Reserve Bank 

        B:-Planning Board 

        C:-Finance Department 

        D:-State Treasuries 

        Correct Answer:- Option-D 


Question49:-The complete account of cash transactions and book transfer in a Dist. Treasury and Sub Treasuries under its jurisdiction are noted in

___________. 

        A:-Cash Book 

        B:-Day book 

        C:-Ledger 

        D:-None of the above 

        Correct Answer:- Option-B 


Question50:-The Day book used in Treasury is maintained in Form ___________. 

        A:-TA III 

        B:-TA 3 

        C:-TA IV 

        D:-TA 4 

        Correct Answer:- Option-C 


Question51:-An Account in which item for which full particulars have not been given, entered temporarily before allocation to the correct or final account is called ___________. 

        A:-Public Account 

        B:-Private Account 

        C:-Personal Account 

        D:-Suspense Account 

        Correct Answer:- Option-D 


Question52:-Separate Registers in Form TA 22 are used in Treasuries for payment of _________. 

        A:-Pensions 

        B:-Interest 

        C:-Deposit 

        D:-Cash 

        Correct Answer:- Option-A 


Question53:-The Combined Finance and Revenue Accounts of the Central and State Govts. in India are prepared by the C & AG, Annually and submit before whom? 

        A:-Prime Minister 

        B:-The President 

        C:-Union Cabinet 

        D:-Finance Minister 

        Correct Answer:- Option-B 


Question54:-The Central and State Govt. accounts shall be kept in following parts 

        A:-Consolidated Fund 

        B:-Contingency Fund 

        C:-Public Accounts 

        D:-In all the above 

        Correct Answer:- Option-D 


Question55:-The main unit of classification in Accounts is 

        A:-Major Head 

        B:-Capital Head 

        C:-Minor Head 

        D:-Sub Head 

        Correct Answer:- Option-A 


Question56:-The Contingency Fund of the State is at the disposal of ____________. 

        A:-Chief Minister 

        B:-Finance Minister 

        C:-Treasury Department 

        D:-None of the above 

        Correct Answer:- Option-D 


Question57:-Which bank act as agent of RBI in dealing the Central and State Govt. Accounts and transactions?

        A:-PNB 

        B:-SBI 

        C:-SBT 

        D:-None of the above 

        Correct Answer:- Option-B 


Question58:-The Central Govt. and State Govts. have made separate agreements with Reserve Bank of India for general banking business, by virtue of 

        A:-RBI Act 1934 

        B:-Cabinet Decision 

        C:-Govt. direction 

        D:-None of the above 

        Correct Answer:- Option-A 


Question59:-At the close of each month, the balance of the Central and State Govt. Accounts are transferred to the Central Accounts Sections of __________. 

        A:-RBI Mumbai 

        B:-RBI Nagpur 

        C:-SBI Mumbai 

        D:-SBI Kolkata 

        Correct Answer:- Option-B 


Question60:-Audit matters of pre-independent India were vested with ___________. 

        A:-Auditor General of India 

        B:-Governor General 

        C:-Viceroy 

        D:-None of the above 

        Correct Answer:- Option-A 


Question61:-All public money received on account of Central Govt. or State shall normally be paid to 

        A:-Consolidated Fund/Public Account of India and States 

        B:-Consolidated Fund of India 

        C:-Public Account of India 

        D:-Contingency Fund of India 

        Correct Answer:- Option-A 


Question62:-Finance Minister place the Budget before the Legislature towards the _________. 

        A:-end of February or beginning of March 

        B:-in February 

        C:-in March 

        D:-After March 

        Correct Answer:- Option-A 


Question63:-Contents of the Kerala Budget Manual classified as 

        A:-Section 

        B:-Article 

        C:-Paragraph 

        D:-Chapter 

        Correct Answer:- Option-D 


Question64:-The provisions of the Kerala Budget Manual replace those of the following Budget Manuals 

        A:-Travancore 

        B:-Malabar 

        C:-Travancore-Cochin 

        D:-All the above 

        Correct Answer:- Option-C 


Question65:-Who issue circular to all Heads of Departments to prepare Departmental estimates for Budget? 

        A:-Chief Secretary

        B:-Finance Department 

        C:-Finance Minister 

        D:-Finance Secretary 

        Correct Answer:- Option-B 


Question66:-Scrutiny of Budget Estimates is done by _____________. 

        A:-Finance Department 

        B:-Legislature 

        C:-Cabinet 

        D:-Finance Minister 

        Correct Answer:- Option-A 


Question67:-Request from the executive to the legislature for a specified sum of money to finance a particular service during the year is called ______________. 

        A:-Appropriation 

        B:-Demand for Grant 

        C:-Vote on Account 

        D:-Supplementary demand 

        Correct Answer:- Option-B 


Question68:-____________ is the legal authority for the withdrawal of money from consolidated fund. 

        A:-Appropriation 

        B:-Demand for Grant 

        C:-Appropriation Act 

        D:-None of the above 

        Correct Answer:- Option-C 


Question69:-Request for fund for a new service, not in Budget is called ___________. 

        A:-Supplementary Demand for Grant 

        B:-Reappropriation 

        C:-Vote on Account 

        D:-None of above 

        Correct Answer:- Option-A 


Question70:-What is the Part II division of Accounts in Kerala Budget Manual? 

        A:-Plan Fund 

        B:-Contingency Fund 

        C:-Consolidated Fund 

        D:-Public Account 

        Correct Answer:- Option-B 


Question71:-The process of reporting by Disbursing Officers about the excess and unexpended stage of budget allotments back to Finance department, towards the end of the year is called __________. 

        A:-Demand for Grants 

        B:-Supplementary Demand 

        C:-Surrender 

        D:-None of the above 

        Correct Answer:- Option-C 


Question72:-Budget Estimates of Revenue are based on ______________ rates. 

        A:-Decreasing 

        B:-Existing 

        C:-Increasing 

        D:-Constant 

        Correct Answer:- Option-B 


Question73:-In the Budget Proposals, what is the status of new schemes awaiting Govt. sanction 

        A:-No provision 

        B:-Adequate provision

        C:-Token provision 

        D:-None of the above 

        Correct Answer:- Option-A 


Question74:-The Budget provisions proposed as Grants to Local bodies and others are supported by a __________ showing the commitments due to standing sanctions. 

        A:-Agreement 

        B:-Statement 

        C:-Undertaking 

        D:-Certificate 

        Correct Answer:- Option-B 


Question75:-Where the provision for salary of an officer for the month of March is provided 

        A:-in same financial year 

        B:-in revised estimate 

        C:-in the next fin. year 

        D:-none of the above 

        Correct Answer:- Option-C 


Question76:-Works, the Estimate Cost of each of which does not exceed ___________ is treated as Minor works. 

        A:-10000 

        B:-25000 

        C:-50000 

        D:-100000 

        Correct Answer:- Option-D 


Question77:-Scrutiny of Departmental Estimates by Finance Department is explained in Chapter _________ of KBM.         

A:-40 

        B:-45 

        C:-48 

        D:-50 

        Correct Answer:- Option-C 


Question78:-Among the following, which is not a budget Document 

        A:-AFS 

        B:-DCB statement 

        C:-Five year plan 

        D:-Evaluation report 

        Correct Answer:- Option-B 


Question79:-In Kerala, the first attempt at Performance Budgeting was made in the year _____________. 

        A:-1967-68 

        B:-1970-71 

        C:-1975-76 

        D:-1980-81 

        Correct Answer:- Option-B 


Question80:-The date of presentation of Budget in the Assembly is fixed by the ______________. 

        A:-Chief Minister 

        B:-Finance Minister 

        C:-Governor 

        D:-Speaker 

        Correct Answer:- Option-C 


Question81:-The advance grant given by the Assembly to meet the expenditure for part of new year 

        A:-Vote on Account 

        B:-Grant in aid 

        C:-Appropriation 

        D:-None of the above

        Correct Answer:- Option-A 


Question82:-Which is intended to be controlled by "Letter of Credit" issued by finance department? 

        A:-Work Bill 

        B:-Salary 

        C:-PF 

        D:-Grants 

        Correct Answer:- Option-A 


Question83:-What is "Resumption"? 

        A:-Acceptance of Surrendered fund by Finance Department 

        B:-Reallocation of appropriation 

        C:-Recouping all advances 

        D:-None of the above 

        Correct Answer:- Option-A 


Question84:-How many members are there in Public Accounts Committee of Kerala Assembly? 

        A:-9 

        B:-11 

        C:-13 

        D:-15 

        Correct Answer:- Option-B 


Question85:-In treasury, transactions of all local funds are recorded in Personal Deposit Register in TA _________.         

A:-TA 13 

        B:-TA 14 

        C:-TA 15 

        D:-TA 16 

        Correct Answer:- Option-C 


Question86:-The period of limitation of pay and allowances including leave salary is ____________ years from the date when the claim fell due payment. 

        A:-15 

        B:-12 

        C:-10 

        D:-5 

        Correct Answer:- Option-D 


Question87:-Payment of a claim barred by limitation of time needs special sanction from ____________. 

        A:-Personnel Dept. 

        B:-General Admn. 

        C:-Public Grievance 

        D:-Finance Dept. 

        Correct Answer:- Option-D 


Question88:-Claim for Medical Reimbursement become due for payment on the date of completion of treatment as noted in _____________.        

 A:-Medical certificate 

        B:-Admission certificate 

        C:-Discharge certificate 

        D:-Essentiallty certificate 

        Correct Answer:- Option-D 


Question89:-A claim accrued on 1.1.18 was sanctioned on 12.1.18, and got countersignature on 20.1.18. Then on which date the claim held to have become due 

        A:-20.1.18 

        B:-1.2.18 

        C:-1.1.18 

        D:-12.1.18 

        Correct Answer:- Option-A


Question90:-As a general rule, a claim against the Govt. not preferred within ____________ of its becoming due, should be paid only after sanction from the Head of Department Concerned. 

        A:-10 years 

        B:-5 years 

        C:-3 years 

        D:-2 years 

        Correct Answer:- Option-D 


Question91:-The sanction for any fresh charge, normally lapse if no payment is made during a period of ____________ months from the date of issue of sanction, unless otherwise ordered. 

        A:-18 

        B:-15 

        C:-12 

        D:-10 

        Correct Answer:- Option-C 


Question92:-The abandonment of claims of Revenue without exhausting all avenues of recovery is called ____________.         

A:-Remission of Revenue 

        B:-Write off 

        C:-Time barred 

        D:-None of the above 

        Correct Answer:- Option-A 


Question93:-Amount due to Govt. from Local bodies shall be subject to recovery by adjustment from the ___________ payable to them.         

A:-Maintenance Grant 

        B:-Plan Fund 

        C:-Grant in aid 

        D:-None of the above 

        Correct Answer:- Option-C 


Question94:-The Municipal Tax of building which are used for public purpose are to be paid by ____________. 

        A:-Dist collector 

        B:-PWD 

        C:-Department that occupy 

        D:-Owner of the building 

        Correct Answer:- Option-D 


Question95:-The Demand Statement of Rent of Govt. buildings used as residences are send to Treasury Disbursing Officer _______________ before the close of the month. 

        A:-2 days 

        B:-3 days 

        C:-5 days 

        D:-10 days 

        Correct Answer:- Option-A 


Question96:-Travelling Allowance Bill of Govt. servant become due after ______________. 

        A:-3 months 

        B:-next day of travel 

        C:-6 months 

        D:-the close of each month of travel 

        Correct Answer:- Option-D 


Question97:-"Register of Inspection Report" is maintained in Form _______________. 

        A:-4B 

        B:-5B 

        C:-6B 

        D:-7B 

        Correct Answer:- Option-A


Question98:-While LIC premium is deducted from the salary of Govt. servants, the policy holder has to remit the first _____________ instalments directly to LIC. 

        A:-1 

        B:-2 

        C:-3 

        D:-4 

        Correct Answer:- Option-B 


Question99:-What is the maximum number of months that salary deduction of LIC premium can be defaulted?         

A:-2 

        B:-4 

        C:-6 

        D:-Default not allowed 

        Correct Answer:- Option-C 


Question100:-"Attachment register" in Form _____________ is kept in all treasuries and head offices to watch prompt action taken on attachment orders. 

        A:-1A 

        B:-2A 

        C:-3A 

        D:-4A 

        Correct Answer:- Option-D


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