Railway Accounts Department Examinations

Wednesday, March 20, 2019

LDCE - MULTIPLE CHOICE QUESTIONS


Salient features of LDCE/70% Selection -  Objective type questions


70% Selection

·         Applicable to all Departments, except Accounts.  Separate instructions for similar pattern in Accounts Dept will follow.

·         100 % -MCQ -Multiple Choice Questions  - Selections -70% exam - 100 marks

·         100 marks consists of

1.       70 Marks - Technical subjects & Official Language

2.       30 Marks - Establishment and Financial Rules

·         Qualifying marks - 60

·         Non -safety categories - Best among failure scheme for SC/ST candidates - will continue

30% LDCE
·         Two stages

1.       Pre-qualifying exam

A.      Multiple choice questions -100 Marks (Technical subject -40 marks, General Knowledge & Official Language-30 Marks & Establishment & Financial Rules -30 marks)

B.      Qualifying Marks -75 (No of candidates should be restricted to 5 times the number of vacancies)

C.      For SC/ST candidates - Qualifying Marks  -45 ( 3/5th of the  qualifying marks 75) -Non Safety categories

D.      Negative Marks - 1/3rd of marks for wrong answer

2.       Main Examination

A.      One Descriptive paper

B.      Profession subject only

C.      Total Marks -100

D.      Qualifying Marks - 60

E.       For SC/ST candidates - Qualifying Marks  -36 ( 3/5th of the qualifying marks 60) -Non Safety categories
****




LDCE - MULTIPLE CHOICE QUESTIONS -OBJECTIVE TYPE

Railway Board letter 

Click here


Salient features of LDCE/70% Selection -  Objective type questions

70% Selection
·         Applicable to all Departments, except Accounts.  Separate instructions for similar pattern in Accounts Dept will follow.

·         100 % -MCQ -Multiple Choice Questions  - Selections -70% exam - 100 marks

·         100 marks consists of

1.       70 Marks - Technical subjects & Official Language

2.       30 Marks - Establishment and Financial Rules

·         Qualifying marks - 60

·         Non -safety categories - Best among failure scheme for SC/ST candidates - will continue

30% LDCE
·         Two stages

1.       Pre-qualifying exam

A.      Multiple choice questions -100 Marks (Technical subject -40 marks, General Knowledge & Official Language-30 Marks & Establishment & Financial Rules -30 marks)

B.      Qualifying Marks -75 (No of candidates should be restricted to 5 times the number of vacancies)

C.      For SC/ST candidates - Qualifying Marks  -45 ( 3/5th of the qualifying marks) -Non Safety categories

D.      Negative Marks - 1/3rd of marks for wrong answer

2.       Main Examination

A.      One Descriptive paper

B.      Profession subject only

C.      Total Marks -100

D.      Qualifying Marks - 60

E.       For SC/ST candidates - Qualifying Marks  -36 ( 3/5th of the qualifying marks) -Non Safety categories
****

 



Monday, March 18, 2019

EMD – Earnest Money Deposit (as per GCC for Works – Nov, 2018)


EMD – Earnest Money Deposit
(as per GCC for Works – Nov, 2018)

ü  Earnest means – Showing sincere interest/serious in participating the Tender process, if awarded executing the Work for Organizations like Indian Railways.

ü  EMD – Earnest Money Deposit – means an earnest payment as specific form of Deposit to demonstrate that the applicant is serious/sincere to participate the Tender work and complete the work for orgnisations like Indian Railways, if awarded.

ü  EMD Rates are as follows.

Value of the Work
EMD Amount ( Rounded to a nearest Rs.100)
Up to Rs.1 Crore
2 % of value of the work
Beyond Rs. 1 Crore
Rs. 2 lakhs + 0.5 % of the excess of the estimated
cost of work beyond Rs.1 Crore

ü  Maximum EMD is Rs. One Crore only.

Examples for calculation of EMD under different circumstances: -
=======================================================
1.       Value of Work  - Rs. 25,60,520

2 % of Rs.25,60,520  - Rs. 51,210

Answer is Rs. 51,200 /- (Rounded off to a nearest Rs.100)
                 =======================================================
2.       Value of Work  - Rs. 4,00,00,000 ( Rs. Four Crores)

First one Crore
Rs.2,00,000 (Rs. Two Lakhs)
One Crore to Four Crore ( 3 Crores)
Rs.3 Crores x 0.5 % = Rs. 1,50,000 (Rs.1.5 Lakhs)
For Value of Rs.4 Crores
Rs.2 Lakhs plus Rs.1.5 Lakhs = Rs.3.5 Lakhs

                 =======================================================
3.       Value of Work  - Rs. Two Hundred Crores

First one Crore
Rs.2,00,000 (Rs. Two Lakhs)
One Crore to Two Hundred Crore ( 199 Crores)
Rs.199 Crores x 0.5 % = Rs.99,50,000
For Value of Rs.200 Crores
Rs.2,00,000 plus Rs.99,50,000 = Rs.1,01,50,000.  However maximum EMD is Rs.1 Crore.  So EMD is Rs.1,00,00,000/- ( Not Rs.1,01,50,000)

                 =======================================================
ü  EMD is applicable to all modes of Tenders such as Open, Limited, Single etc.

ü  Exemption for Submission of EMD – Firms recognized as “STARTUPS” by DIPP (Dept of Industrial Policy & Promotion.

ü  EMD of Successful Tenderer – Retained as part of Security Deposit.  But Railway shall return the EMD, if a Successful Tenderer submit “Term Deposit Receipt (TDR) / Bank Guarantee Bond towards the Full Security Deposit.

ü  EMD shall be deposited in Cash (through E-Payment Gateway) or as mentioned in Tender documents.

ü  EMD of unsuccessful Tenderers – Returned to them. But Railway is not liable to pay the depreciated value, if any or any interest on EMD.

ü  Forfeit of EMD:

1.       If the successful tenderer unable to submit the PG – Performance Guarantee within validity of time, or
2.       If the successful Tenderer resile/abandon from his offer, Or
3.       Modify the terms and conditions there of in a manner not acceptable to the Railways.
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Friday, March 15, 2019

IRAS CADRE RESTRUCTURE




Click Railway Board Letter on
 IRAS cadre restructure

Railway Board Letter



IRAS CADRE RESTRUCTURE– Indian Railways

Grade/Desg.
Old
New
Plus/Minus
Remarks
APEX SCALE -FC
1
1
Nil

HAG+  - AM
2
4
+2
AM/Internal Audit (Previous in SAG scale - EDF) & AM/Revenue (Previous in HAG scale – PED/Finance or Adviser/Finance)
HAG – PHOD
30
40
+10
FA&CAO/CON post (SAG) will operate in HAG in some Railways
SAG – HOD
107
129
+22
Example: Dy.FA&CAO/Books & Budget –JAG will become FA&CAO/Books & Budget – SAG in South Central Railway
JAG
283
283
Nil

STS – Senior Time Scale
425
247
- 178

JTS – Junior Time Scale
118
118
Nil

Total
966
822
- 144
34 posts (2+10+22=34) are being upgraded.  63 posts proposed for surrender  and 81 posts for phasing out in next five years.  (63+81=144)