EXECUTIVE OFFICE 04_ACCOUNT TEST: PAPER 1. Kerala Financial Code

 KFC EXECUTIVE 04



EXECUTIVE OFFICERS paper 1

2012 JULY

Kerala Financial Code Volumes I and II. The Kerala Account Code Volume I and Kerala Budget Manual (Chapters I to IV, VI and VII) (With Books).

KFC EXECUTIVE 04


1.The legal authority for withdrawal of fund form consolidated fund of the State is: 

(A) Finance Department 

(B)The Appropriation Act 

(C)The Budget

(D)The Appropriation Bill 


2. The preparation of Budget starts in the month of:

(A) July 

(B)September 

(C)January 

(D)February 


3. The request from Executive to Legislature for a specified sum of money to finance a particular service during the year is called: 

(A)Budget

(B)Appropriation bill 

(C)Demand for Grand

(D)None of the above 


4. The tax revenue are credited in: 

(A)Consolidated fund

(B)Contingency fund savings bank 

(C)Public account

(D)Treasury savings bank account 


5. The major head of Revenue Expenditure are: 

(A)0000 - 1999

(B)2011 - 3999 

(C)6001 - 6010

(D)None of the above 


6. Which of the following is the final stage of the Budget?

(A)Review of Budget 

(B)Passing of Budget

(C)Execution of Budget 

(D)Supplementary Demand 


7. The provision in the constitution of India regarding the preparation of Budget by state is:

(A)Article 201 

(B)Article 202 

(C)Article 210 

(D)Article 232 


8. The account of Government are based on:

(A) Cash based single entry system 

(B) Accrual based double entry system 

(C) Double entry system

(D)None of the above 


9. The main unit of classification of account is:

(A)Minor Head 

(B)Sub Head 

(C)Detailed Head 

(D)Major Head 


10. The unforeseen expenditure of Government is made from: 

(A)Consolidated fund

(B)Public account 

(C)Contingency fund

(D)All of the above



11. Claim of Medical Reimbursement become due on the date of:

(A) Close of the finance year 

(B)Close of every month 

(C)Date of completion of treatment as shown in the Essentiality Certificate

(D)None of the above 


12. Report of transfer of charge is prepared by:

(A) Head of Department

(B) Head of office

(C)Accountant General 

(D) A Gazetted officer 


13. The sub voucher for payment not less than rupees ............. Should be attached to the contingent bill.

(A)100/- 

(B)500/- 

(C)1000/- 

(D)No monetary limit 


14. The security deposit for a purchase contract is ............. percentage of value of contract. 

(A)1% 

(B) 5% 

(C)2%

(D)10% 


15. The Earnest Money Deposit is taken by way of:

(A)Fixed Deposit Receipts 

(B) Cash

(C)National Savings certificate 

(D)All of the above 


16. Which of the following is not a reason for rejecting a tender?

(A)The tender is not accompanied by requisite EMD 

(B) The tender received late 

(C)The tender is not signed by the tenderer 

(D)The representatives of tenderers are not present at the time of opening tender 


17. Rate contract are settled by:

(A)Store purchase department 

(B) Finance department

(C)Head of department 

(D) All of the above 


18. The Central Govt. Dept. which conclude rate/running contract is:

(A) Department of finance 

(B)Director General of Supplies and Disposal

(C)Ministry of commerce 

(D)None of the above 


19. Which of the following is the original record of actual measurement of a work?

(A)M Book 

(B) Muster Roll 

(C)Estimate

(D)Work bill · 


20. The Form No. of schedule of recovery of advance to a Govt. servant is:

(A)Form 104 

(B)Form 102 

(C)Form 107 

(D) Form TR No. 106



21. Who is responsible for auditing of all expenditure charged against Govt?

(A) Finance Department 

(B)Local Fund Audit Department

(C) Accountant General 

(D)None of the above


 22. The sanction of temporary appointment for which the period is not specified shall be renewed of every:

(A) 3 months 

(B)6 months 

(C)1 year 

(D)No renewal needed 


23. A permanent advance can be recouped: 

(A) At any time

(B)At the end of calendar month 

(C) When the permanent advance becomes small 

(D) All of the above.


 24. In a rate contract which of the following is not mentioned:

(A) Contract period 

(B)Quality 

(C) Price 

(D)Quantity 


25. Government work can be executed by which of the following method: 

(A) Schedule contract

(B)Lump sum contract 

(C)Percentage rate contract 

(D)All of the above 


26. The name of the document used to record daily labour is: . 

(A) Muster roll

(B)Measurement book 

(C)attendance register

(D) Work bill 


27. Recoveries from a Government servant should not ordinarily be made at the rate exceeding: (A) Half pay 

(B) Full pay 

(C)1/3 of pay 

(D) 1/4 of pay 


28. Supernumerary post will continue: 

(A) Till the officer appointed retires 

(B) For a fixed period 

(C)Till the officer appointed absorbed to General Establishment

(D)All of the above 


29. The term Vacancy Remission deals with:

(A) Income Tax 

(B)Local body tax 

(C)Sales tax 

(D)All of the above 


30. The Contingency Fund of the state will be at the disposal of:

(A) Finance Minister 

(B) Governor 

(C)Chief Minister 

(D)Legislature 


31. Proforma Accounts are prepared for:

(A) Government Department 

(B)Local Fund 

(C)Others

(D)Govt. Undertakings having commercial character 


32. The major Head for capital Expenditure:

(A)  4011 to 5999 

(B) 2011 to 3999 

(C)4000 

(D)8000



33 The last tier of classification of Government Account is

(A) Major Head 

(B)  Minor Head 

(C)  Sub Head 

(D) Detailed Head 


34. The revised estimate is prepared for the information of:

(A) Legislature 

(B) Executive 

(C)People 

(D) None of the above 


35. The term Decretal claim denotes:

(A) Claim by a Government Servant 

(B) Claim by a public for refund of revenue

(C)Claim from contingency Fund 

(D) Claim arising from court order 


36. The Budget is presented to Legislative Assembly by: 

(A)  Finance Minister

(B) Chief Minister 

(C)Speaker of the Legislative Assembly 

(D)  Chief Secretary 


37. No money can be withdrawn from Consolidated Fund without:

(A) Passing vote on account 

(B) Enacting Appropriation Act

(C)Placing as charged expenditure 

(D) Any one of the above 


38. Which of the following is exempted from the Appropriation Control Scheme?

(A) Salary 

(B)  T.A. 

(C)Office Expense 

(D)  Rent 


39. The Union of Appropriation is the:

(A)  Major Head 

(B) Minor Head 

(C)Sub Head 

(D) Detailed Head 


40. In classification of accounts the functions of Govt. are represented by:

(A)  Detailed Head 

(B) Major Head 

(C) Minor Head 

(D) None of above 


41. The agreement to execute work without reference to quantity or time is: 

(A) Schedule Contract

(B) Piece work contract 

(C) Percentage rate contract 

(D)  None of the above 


42. The cost of tender form can accepted in:

(A)  Cash

(B) Postal orders 

(C)Bank drafts 

(D) Bank cheques 


43. Which of the following is not a Deposit? 

(A)  Copying fee

(B)  Election deposit 

(C)Amount attached by Civil court from salaries

(D) Security deposit received from contractors in the form of fixed deposit 


44 A lapsed deposit will be refunded:

(A)  Without the authorization of Accountant General 

(B)  With the authorization of Accountant General


(C) With the sanction of Government

(D) Lapsed deposit will not be refunded 


45. The time limit for claiming refund of revenue which are made ex gratia is:

(A)  3 months 

(B)1 month 

(C) 6 months 

(D) 1 year 


46. Which of the following is not a capital expenditure work? 

(A)   Purchase of land

(B) Construction of Bridge 

(C)Maintenance of road 

(D)  Construction of Building 


47. A log book is a register used for recording details of: 

(A)  Stationary items

(B) Immovable property 

(C) Government vehicle 

(D) Journey performed by officers 


48. The transfer pay advance should recover in:

(A)   5 installment 

(B) 3 installment 

(C)4 installment 

(D)  None of above 


49. Which of the following is not a civil advance? 

(A)   Cycle Advance

(B) Mosquito net Advance

(C) Festival Advance

(D) Transfer Advance 


50. For bulk purchase which of the following procedure should be adopted: 

(A)  Quotation

(B) Limited Tender 

(C)Single Tender

(D)  Open Tender 


51.New service means: 

(A)   Creation of new establishment 

(B)Creation of new post 

(C) Service for which an expenditure is not contemplated in the Budget

(D) None of the above 


52. The last date for submitting departmental estimate (plan) is:

(A) Nov: 30 

(B) Sept. 30 

(C)Sept. 15 

(D)  July 31 


53. The estimate from the departmental estimating officers will be forwarded to:

(A) Finance Dept 

(B) Administrative Dept 

(C)Law Dept 

(D) None of these


54. A vote on account is passed when:

(A) The Appropriation Act is not passed 

(B)The Legislative was dissolved before passing Budget 

(C)Change of Government in the course of Budget session 

(D)  (b) and (c) above


55. The control of public expenditure is executed by:

(A) Legislative 

(B)  Executive 

(C) Audit 

(D)  All of the above 


56. Reappropriation means:

(A) Transfer of fund from one unit of appropriation to another such unit 

(B) Assignment of fund by Legislature to meet specified expenditure

(C) Granting of additional fund to a major Head 

(D)None of the above


 57. Review of Budget is being done by:

(A)  Executive 

(B) Legislature 

(C) Finance Department 

(D)CAG 


58. The Appropriation Account is prepared by:

(A)  Finance Department 

(B)  Administrative Department

(C) Comptroller and Auditor General 

(D) Head of Department


 59. Supplementary Grant is sanctioned by: 

(A)  The Government

(B)  The Legislature 

(C) The Head of Department. 

(D)None of the above 


60. In classification of accounts a scheme of activity is represented by:

(A) Major Head 

(B)  Minor Head 

(C) Sub Head 

(D)Detailed Head 


61. The introduction of a new Major shall require the approval of:

(A)  Legislature 

(B) Government 

(C)  Governor 

(D) C&AG 


62. The Major Head of Capital Receipt is:

(A) 8588 

(B)  8000 

(C) 4000 

(D)None of the above 


63. The Government Account are kept in:

(A)  2 parts 

(B)  3 parts 

(C) 4 parts 

(D)5 parts 


64. Which of the following payments is not a capital expenditure?

(A) Expenditure incurred for increasing concrete Asset 

(B)  Expenditure incurred for extinguishing a recurring liability 

(C)Expenditure incurred for reducing a recurring liability

(D)None of the above 


65. The term appropriation control means:

(A)  Controlling expenditure 

(B) Controlling budget appropriation

(C)  Controlling receipts 

(D)None of the above 


66. Which of the following is not a control over expenditure by the executive? 

(A)  Warning ship

(B)  Appropriation control


(C)Letter of credit

(D)Pay slip 


67. The Accountant General maintains the details of service of a Gazetted officer in the form of 

(A) Entitlement Register 

(B)History of service 

(C)Service Book

(D)None of the above 


68. The period of preservation of contingent bill is:

(A) 3 years 

(B)4 years . 

(C)2 years 

(D)5 years 


69. When a non Gazetted Government servant appointed as gazette officer his service book will be maintained by:

(A)A.G 

(B) Head of office 

(C)officer himself 

(D)Head of Dept 


70. Which of the following is a Civil advance?

(A)House building advance 

(B) Cycle advance 

(C)Transfer advance

(D)Motor cycle advance 


71. Which of the following is not a civil deposit? 

(A)Revenue Deposit

(B)Security Deposit 

(C)Deposit of Local funds 

(D)Civil Court Deposit. 


72. Secret Service expenditure are audited by:

(A)Head of Dept 

(B) The controlling officer appointed by Govt 

(C)Finance Dept

(D) C& AG 


73. Which of the following is not a Local body? 

(A) Municipality

(B) District Panchayath 

(C) University

(D) Block Panchayath 


74. Which of the following is not a reason for rejecting tender?

(A)Tender received late due to postal delay 

(B)The tender is not signed by the tenderer

(C)Tender is not in prescribed form 

(D) None of the above 


75. At which rate interest is to be charged for delayed refund of excess

advance drawn under article 99 of KFC: 

(A) 12% 

(B)10% 

(C)16%

(D)18% 


76. Transfer of charge of a Gazetted officer should be reported by the

concerned officer to the:

(A) A.G. 

(B) Head of Department

(C)Treasury officer 

(D)All of the above


77. Loan raised by Government is credited into: 

(A) Consolidated fund

(B)  Contingency fund 

(C)Public account

(D)Local Fund Account 


78. The authority to determine the classification of Govt. transaction is:

(A)RBI 

(B) C & AG 

(C)Governor 

(D) Administrative Dept 


79. The contingency fund of the state is constituted under article ........... of constitution of India.

(A) Article 283 

(B) Article 267 

(C) Article 149 

(D) None of this 


80. A warning slip is issued by: 

(A) Treasury officer

(B) Head of Department 

(C) Accountant General 

(D)Drawing and Disbursing officer 


81. The holder of permanent advance shall forward an acknowledgement to:

(A) Head of Dept 

(B)Finance Dept 

(C)A.G. 

(D) All of the above 


82. The expenditure which is not subject to scrutiny of Accountant General is: 

(A) Grand in aid

(B)Loan to Local Body 

(C)Secret service

(D)None of this 


83. Which of the following is a revenue expenditure?

(A) Construction of Road 

(B) Purchase of vehicle 

(C)Purchase of land

(D)Purchase of stationary items 


84. The work contract in which the detailed measurement are not required is: 

(A) Schedule contract

(B) Lump sum contract 

(C)Piece work contract 

(D)Percentage rate contract 


85. As a general rule the selling price of a Government publication is:

(A) 50% above the cost price. 

(B)25% above the cost price

(C)10% above the cost price

(D)The cost price 


86. The period of firmness for the purchase of all ordinary item of stores is:

(A)3 months 

(B) 2 months 

(C)1 month 

(D)A week 


87. Suspense account is classified under:

(A) Consolidated fund 

(B)Contingency fund 

(C) Public account 

(D)  None of the above


88. Budget year is:

(A) March First to end of February 

(B)First April to 31stMarch 

(C)First January to 31s December 

(D) Others



89. Which of the following is not a charged expenditure?

(A) Salary and allowance of staff of public service commission 

(B)  Emoluments and allowance of the Governor

(C)  Salary and allowance of High Court Judge 

(D) None of above 



90. The sum appropriated by the Legislature is placed at the disposal of:

(A) Chief controlling officer 

(B)  Finance secretary 

(C) Drawing and disbursing officer 

(D)Treasury officer 


91. Which of the following is not a Government Account?

(A)  Consolidated Fund Account 

(B)  Contingency Fund Account

(C)  Provident Fund Account 

(D) Public Account 


92. All appropriation last at:

(A)  Close of the financial year 

(B)  Close of every month

(C) Close of calendar year 

(D) None of these 


93. Claim for Travelling Allowance become due for payment:

(A)  After the close of the month 

(B) After the close of the financial year

(C)  After the day on which the journey ends 

(D) None of these 


94. The period of limitation for claiming pension when claim fell due for

payment is:

(A)  3 years 

(B) 2 years 

(C)  12 years 

(D)1 year


 95. Which of the following is not a compulsory deduction from pay bill?

(A)  Income Tax 

(B)  P.F. 

(C)  Profession Tax 

(D)Co-operative dues 


96. All Government contracts are made by:

(A)  Head of Dept 

(B)  Governor 

(C)  Chief Minister 

(D) None of above 


97. A permanent advance is intended for:

(A)  Granting pay advance 

(B) Petty repair works

(C) Meeting urgent contingent expenditure 

(D) None of the above 


98. Waiver of revenue means:

(A) Forsaking of recovery of overpayment 

(B) Abandonment of claim of revenue 

(C) Postponement of recovery of claim 

(D)All of the above


99. In which form a subordinate court sent monthly statement regarding

the demand collection and balance of fine:

(A)  Form 1 

(B)  Form 3 

(C) Form 2 

(D) Form 5 


100. Which of the following is the first of four budgetary stages?

(A)  Passing of Budget 

(B)  Execution of Budget 

(C)  Review of Budget

(D)Preparation of Budget





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