KFC QUESTIONS 07

 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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