KERALA FINANCIAL CODE
QUESTION No. 7
1:-A grant made by the legislative assembly to regularise expenditure incurred in any previous financial year and above the amount granted for a service during that year is called
A:-Supplementary grant
B:-Resumption
C:-Excess Grant
D:-Grant in aid
Correct Answer:- Option-C
2:-_________ is for meeting unforeseen, but unavoidable expenditure pending authorisation by legislature.
A:-contingency fund
B:-public account
C:-consolidated fund
D:-relief fund
Correct Answer:- Option-A
3:-Which of the following departments are included in the list for which the bills are encashable on the first day of month?
A:-agriculture
B:-education
C:-co-operation
D:-registration
Correct Answer:- Option-D
4:-Under ___________, the contractor agrees to execute a complete work with all its contingencies in accordance with the drawings and specifications for a fixed sum.
A:-Schedule contract
B:-Piece-work contract
C:-Lump sum contract
D:-Percentage rate contract
Correct Answer:- Option-C
5:-All works done should be recorded in a measurement book in
A:-Form KPW 18
B:-Form KPW 21
C:-Form KPW 11
D:-Form KPW 6
Correct Answer:- Option-B
6:-Contribution towards relief of poor whose houses have been destroyed by fire is made ______ from Discretionary Grant.
A:-District collector
B:-Governor
C:-Chief Minister
D:-Head of Depts.
Correct Answer:- Option-A
7:-The disbursement of Grants to the libraries will be completed before the end of ________ in each financial year, as far as possible.
A:-March
B:-January
C:-February
D:-December
Correct Answer:- Option-C
8:-No expenditure should be incurred on a __________ even if there are savings within the Grant before supplementary grant is thus obtained.
A:-Major work
B:-Capital asset
C:-Special service
D:-New service
Correct Answer:- Option-D
9:-Which of the following is not included in standard objects of expenditure?
A:-minor work
B:-secret service expenditure
C:-grant in aid and contribution
D:-transfer to contingency fund
Correct Answer:- Option-D
10:-________ is not included in the list of officers responsible to forward consolidated stores and stock accounts to the Accountant General.
A:-Director fire force
B:-Director of Agriculture
C:-Inspector General of Prison
D:-Director of Panchayath
Correct Answer:- Option-D
11:-All articles and materials which came into the possession of a Govt. Servant for use in Public service.
A:-goods
B:-stock
C:-stores
D:-public utilities
Correct Answer:- Option-C
12:-In departmental work, separate Muster Roll shall be prepared for each
A:-day
B:-month
C:-week
D:-fortnight
Correct Answer:- Option-B
13:-A Govt. employee who sustained injuries while on duty will be paid compensation called
A:-Ex Gratia
B:-Special injury allowance
C:-Compensatory payment
D:-Gratuity
Correct Answer:- Option-A
14:-House building advance to Non Gazetted officer is sanctioned by
A:-head of dept.
B:-head of office
C:-administrative dept.
D:-finance dept.
Correct Answer:- Option-A
15:-Transfer advance shall be recovered from the Govt. servants pay in __________ equal instalments.
A:-5
B:-3
C:-4
D:-2
Correct Answer:- Option-B
16:-Which of the following is not a Local fund
A:-KSEB working fund
B:-Market committee fund
C:-Library fund
D:-Contingency fund
Correct Answer:- Option-D
17:-Register of contingent expenditure in an office shall be preserved for ________ completed years.
A:-10
B:-5
C:-20
D:-25
Correct Answer:- Option-B
18:-The Earnest Money Deposit for stores purchase tender may not be accepted as A:-cash
B:-Govt. Promissory note
C:-Cheque
D:-Demand draft
Correct Answer:- Option-C
19:-Which of the following is not included in the term 'stores' in KFC?
A:-Dietary products
B:-Office furniture
C:-Laboratory equipments
D:-Books
Correct Answer:- Option-A
20:-The cost of tender form may be accepted in the form of
A:-Promissory note
B:-Bank Guarantee
C:-Cash
D:-Postal order
Correct Answer:- Option-C
21:-Security deposit is _______ of the total value of the contract in Stores Purchase. A:-5%
B:-10%
C:-2%
D:-1%
Correct Answer:- Option-A
22:-_________ will arrange the payment for Stores purchased from foreign countries. A:-Indian Embassy
B:-Central Finance Dept.
C:-Ministry of foreign affairs
D:-Accountant General
Correct Answer:- Option-D
23:-All wages not claimed within __________ months should be forfeited.
A:-one
B:-four
C:-three
D:-two
Correct Answer:- Option-C
24:-Which of the following is an interest free advance?
A:-Motor cycle advance
B:-Advance for officers deputed for training
C:-Advance for motorcycle
D:-Advance for house building
Correct Answer:- Option-B
25:-If the security is furnished in the form of _________, registration of security is compulsory.
A:-Promissory note
B:-Fixed deposit
C:-Share certificate
D:-Immovable property
Correct Answer:- Option-D
26:-The Articles which deposited treasury for safe custody shall be verified A:-once in 5 years
B:-once in 6 months
C:-once in a year
D:-once in 3 months
Correct Answer:- Option-C
27:-Expenditure incurred with the object of increasing concrete asset is
A:-revenue expenditure
B:-capital expenditure
C:-civil expenditure
D:-sundry expenditure
Correct Answer:- Option-B
28:-Log book is maintained in the offices with
A:-photostat machine
B:-computer and printer
C:-vehicles
D:-internet connection
Correct Answer:- Option-C
29:-The value of Govt. land and building transferred to a commercial department shall be fixed by
A:-Thahsildar
B:-RDO
C:-Revenue Secretary
D:-None of the above
Correct Answer:- Option-D
30:-Commercial departments are following
A:-Simple accounts
B:-Capital accounts
C:-Proforma accounts
D:-Revenue accounts
Correct Answer:- Option-C
31:-A deposit credited to the Govt. on lapse should only be repaid with the previous sanction of
A:-Accountant General
B:-Govt.
C:-Head of Dept.
D:-District collector
Correct Answer:- Option-A
32:-Sale proceeds of interstate property is included in
A:-civil deposits
B:-civil court deposit
C:-personal deposit
D:-criminal court deposit
Correct Answer:- Option-B
33:-________ will furnish the Govt. with the annual statement of outstanding loans to enable the Govt. to review the transactions.
A:-Head of depts.
B:-Controlling officers
C:-Disbursing officers
D:-Accountant General
Correct Answer:- Option-D
34:-Utilisation certificate of loans to local bodies are issued by
A:-Accountant General
B:-Director of State audit
C:-Director of Panchayath
D:-Director of Performance audit
Correct Answer:- Option-B
35:-Rate contract is settled by
A:-Head of Dept.
B:-Stores purchase Dept.
C:-Finance Dept.
D:-Accountant General
Correct Answer:- Option-B
36:-The minimum time allow tenderer to submit tender for ordinary stores which can be procured within the country is
A:-3 months
B:-21 days
C:-one month
D:-15 days
Correct Answer:- Option-C
37:-When jail works are executed by the contract system, _______ should be employed by the 'contractor'.
A:-hired labour
B:-surplus labour
C:-labour from labour contract society
D:-jail labour
Correct Answer:- Option-D
38:-The allowances paid in lieu of the rights enjoyed by some former Rajas chieftains
A:-Jemibogan
B:-Arthapalisa
C:-Tsadic allowance
D:-Malikhanas
Correct Answer:- Option-D
39:-No money can be withdrawn from consolidated fund without
A:-supplementary demand for Grant
B:-revised budget
C:-appropriation act
D:-resumption
Correct Answer:- Option-C
40:-Appropriation account and finance accounts are prepared with reference to the book of account of
A:-Treasury Director
B:-Finance Secretary
C:-Accountant General
D:-Controlling officers
Correct Answer:- Option-C
41:-If Govt. building is let to a Pensioner, rent shall be paid
A:-after the close of the month
B:-in advance
C:-in two instalment in a month
D:-in the form of security deposit
Correct Answer:- Option-B
42:-Every head of Dept. should submit annually, on or before __________ to the Accountant General a statement showing waivers of Revenue sanctioned during the preceding year.
A:-31 March
B:-1st June
C:-1st July
D:-30th April
Correct Answer:- Option-B
43:-___________ become due for payment on the last day of month in which they are earned.
A:-Grant in aid
B:-Electricity charges
C:-Medical Reimbursement
D:-Pay and allowances
Correct Answer:- Option-A
44:-When Govt. servants are transferred from one office to another, their service books should be made available in new office within __________ of transfer.
A:-three months
B:-15 days
C:- one month
D:-7 days
Correct Answer:- Option-C
45:-Copies of tender notices issued by purchasing officers will be sent to __________ for information.
A:-Economics and statistics dept.
B:-Indian standard institution
C:-Central statistical organisation
D:-Accountant General
Correct Answer:- Option-B
46:-Advance for eradication of plant pests is _________ advance.
A:-civil
B:-forest
C:-revenue
D:-special
Correct Answer:- Option-D
47:-Who is the treasurer of Charitable endowment for the State?
A:-Director of State Audit
B:-Accountant General
C:-Director of Social Justice Dept.
D:-Finance Secretary
Correct Answer:- Option-A
48:-The Lapsing of Civil court deposits to the Govt. is governed by the rules issued by the
A:-Advocate General
B:-Accountant General
C:-Finance Dept.
D:-None of the above
Correct Answer:- Option-D
49:-Grant in aid to medical institutions should be drawn on bills signed by the Managers of such institution and counter signed by
A:-District collector
B:-Director of Health services
C:-District Medical officer
D:-Health Secretary
Correct Answer:- Option-C
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