Railway Accounts Department Examinations

Tuesday, September 14, 2021

Study Material on Books & Budget, GRP, Zoom Sunday Meetings Study Material and Management Accounting

 

Contact Nageswara Rao 9492432160 for soft copy of Study Material


GRP Study Material – July/August, 2021

By Nageswara Rao M, 9492432160

No of Topics:  68     No of Pages: 165

Index

SN

Topic

Page no

01

Accounting Reforms in Indian Railways

03

02

Apportionment of traffic earnings

15

03

Book examination clause

21

04

Standards / canons of financial propriety

22

05

Civil Heads

24

06

Closing Entries (Para Nos.230AI to 232AI)

26

07

Composition Scheme (in GST)

27

08

Contra JV – Journal voucher

29

09

Counter Offer

31

10

What is Deduct Entry?

32

11

Differences between GCC of Works & Service

33

12

Differences between Incentives schemes of CLW pattern & RITES pattern

35

13

Differences between Lease and License

37

14

Lease and License

38

15

Diff. between CAPEX and OPEX

39

16

Diff. between Write back and Write off

40

17

Differences between Lease and License

41

18

Operating Ratio – O R and Performance Efficiency Index - PEI

42

19

Differences between Gross Earnings and Gross Receipts

43

20

Differences between PHOD-Principal Head of Department and CHOD – Co –ordinated of Department

44

21

Differences between Budget Order - Expenditure

45

22

Differences between MAR and Deposit Miscellaneous

46

23

Difference between Reserve Bank Suspense –RBS and Reserve Bank Deposit -RBD

47

24

Differences between Voted Expenditure and Charges expenditures

48

25

Differences between Capital and Capital Fund

49

26

Differences between Government Accounts and Commercial Accounts

50

27

Differences between Primary Unit 35 and Primary Unit 64

51

28

Difference between Primary Unit 34 and Primary Unit 63

52

29

Direct Acceptance of Tenders (in works)

53

30

Earnings Budget

54

31

EPC

59

32

Exchequer control

61

33

Force majeure clause

64

34

Functions of Accounts Department

65

35

GFR – General Financial Rules,2017

67

36

Hierarchy at Railway Board And Zonal Railways

69

37

Group Incentive System

70

38

Input Tax Credit

73

39

Inventory Control

75

40

Line capacity Works

78

41

Mapping of Erstwhile Demands 01 to 16 with single Demand No.84 (2021-22) (Ministry of Railways)

80

42

MERS – Miscellaneous E Receipts System

81

43

Debit and Minus Credit

84

44

NFR – Non Fare Revenue

86

45

NI – NFR- IS – New Innovative Non Fare Revenue Ideas Scheme

89

46

On cost charges in Workshops

92

47

OPEX

95

48

Option Clause in stores Contracts

96

49

Order of Precedence of Documents – GCC for Works, 2020 July

97

50

Parliamentary Control Over Railways finances (PAC, RCC. NRUCC, Cut Motions etc)

99

51

Plan Heads

111

52

PMC – Project Management Consultancy

116

53

Redevelopment of Railway Stations – Role of IRSDC

119

54

Habibgunj Railway Station – First one under PPP mode

121

55

RSP-Rolling Stock Program

124

56

Railway Shramik Kalyan Portal

127

57

Single Accounts Current

128

58

Eligibility Criteria In Works Tenders

130

59

Theme Based Audit

133

60

Transformation Cell

135

61

Two Packets System Of Tenderning

137

62

Unit Pilling

139

63

WTR – Wagon Turn Round

140

64

Way Leave Charges

142

65

WMS – Workshop Manufacturing Suspense

144

66

What is Deduct Entry?

151

67

Works Programme

152

68

Write Back Adjustments and Diff between Write Back & Write off

163

 Zoom Sunday Meetings  - Study Material  - Part One

By Nageswara Rao M, 9492432160

Total Topics -  33        Total Pages -   277     Total MCQs   - 289

SN

Topic

Page Nos

1

MCQ on Budget (26)

2-7

2

MCQ on Auditing (25)

8-12

3

Parliamentary Control over Railway Finances

(incl: Budget, PAC, RCC, Estimates Committee, NRUCC, Cut Motions, Starred & Unstarred questions)

MCQ on Audit & Parliamentary control over Railway Finances (28)

13-32

4

Appropriation Accounts and MCQ (13)

33-41

5

Major Heads, Sub Major Heads and Mapping with erstwhile Demands

42-45

6

Works Program & IRPSM and MCQ (15)

46-60

7

Railway Budget 2021-22 - An analysis and  MCQ (9)

61-64

8

Traditional Budget, Outcome Budget, ZBB, Integrated Budget,  Performance Budget (MCQ 13)

65-75

9

MCQ on Operating Ratio (10)

76-78

10

GeM - Govt e Marketplace

79-86

11

MSOP - Model Schedule Of Powers

87-93

12

IRFC and EBR (IF)

94-101

13

PPP - Public Private Partnership (MCQ 5)

102-109

14

Dedicated Freight Corridor (MCQ 10)

110-120

15

Financial Appraisal and DCF technique

121-127

16

Link Heads - Connecting Govt Accounts with Commercial Accounts

128-135

17

Stores Suspense heads

136-143

18

Accounting Reforms in IR (Accrual Accounting, Outcome Budget &Performance Costing)& Responsibility Centers

144-153

19

FAR - Fixed Asset Register

154-155

20

Most Important Questions (191)

156-166

21

Apportionment of Traffic Earnings

167-171

22

MCQ on GCC for Works (42 Questions)

172-182

23

MCQ on Books & Budget

183-198

24

Re-Appropriation Rules

199-204

25

WMS - Workshop Manufacturing Suspense

205--212

26

Earnings Budget

213-218

27

Railway Budget 2021-22 Financials

219

28

Sources of Finance (Budgetary) i.e., Capital, DRF, DF, RSF, RRSK, Debt Service Fund, CRIF, NIF

220-231

29

Extra Budgetary Resources (EBR) & Diff between Budgetary & EBR, IRFC, EBR (IF), PPP

232-241

30

Private Trains

242-247

31

Targets to achieve by 75th Year of Independence  i.e., 2022-23

248

32

Traffic Book

249-261

33

Redevelopment of Railway Stations - Role of IRSDC

262-266

33

MCQ on GCC for Services (43 Questions)

267-276

 

 

Books & Budget Study Material  

                By M Nageswara Rao, 9492432160

  • 126 Pages 
    •  42 Articles 

    Index


    SN

    Topic

    Page No

    1

    Asset Register & FAR

    3

    2

    Budget – Traditional or Incremental

    8

    3

    Budget – Integrated

    9

    4

    CRIF – Central Road & Infrastructure Fund

    10

    5

    Civil Heads

    11

    6

    Cheques & Bills – Its Reconciliation

    12

    7

    Contingency Fund of India

    18

    8

    Difference between Cash Accounting & Accrual Accounting

    20

    9

    DRF – Depreciation Reserve Fund

    22

    10

    Debt Service Fund or Railway Liability Reserve Fund

    24

    11

    Difference between IRFA and IRFC

    26

    12

    Difference between Voted expenditure & Charged expenditure

    28

    13

    E – Recon - Transfer Transactions

    30

    14

    Exchequer Control

    33

    15

    Finance Accounts & Government Accounts, Railway Fund, Consolidated Fund, Contingency Fund, Public Account of India

    36

    16

    General Books and Subsidiary Books

    43

    17

    Internal Check & Internal Audit – Differences

    47

    18

    IRFC & EBR ( IF )

    49

    19

    IRFA

    57

    20

    Misclassification or Annexure J

    59

    21

    Mapping of Major Heads to Erstwhile Demands

    61

    22

    Merger of Railway Budget with General Budget

    63

    23

    New Service & New Instrument of Service

    66

    24

    Outcome Budget

    68

    25

    Productivity Test & Productivity Review

    71

    26

    Primary Units (Revenue  & Capital Allocations)

    73

    27

    PSB Suspense  - Public Sector Bank Suspense

    79

    28

    Proportional Budget Allotments – BP – Budget Proportion Limits

    81

    29

    Performance Budget

    84

    30

    Post Audit of Paid Vouchers – Acquittance Certificate

    85

    31

    Parliamentary Control over Railway Finances – Parliamentary committees (PAC, RCC), NRUCC, Cut Motions

    88

    32

    RAR – Revenue Allocation Register

    100

    33

    SF – Safety Fund

    102

    34

    Operating Ratio – Ready reckoner

    103

    35

    Reserve Bank Suspense & Reserve Bank Deposit – Differences

    104

    36

    Re Appropriation Rules

    107

    37

    Social Service Obligations /  Social Costs

    113

    38

    Single Account Current

    116

    39

    Structure of Booking of Expenditure or Earnings in IR

    118

    40

    Theme Based Audit

    121

    41

    TWFA – Transfers Without Financial Transactions

    123

    42

    ZBB – Zero Based Budget

    124

    Management Accounting Study Material

                                                                By M Nageswara Rao, 9492432160

    • 113 Pages 
    •  42 Articles 

    SN

    Topic

    Page

    No

    1

    Asset Register & FAR

    3

    2

    Budget – Incremental

    9

    3

    Budget –Integrated

    10

    4

    Budget – Outcome

    12

    5

    Budget – ZBB

    16

    6

    Budget – Performance

    18

    7

    Cash Flow & Fund Flow

    19

    8

    Deferred Revenue Expenditure

    23

    9

    Diff between – Marginal cost & Average Cost

    24

    10

    Diff between – Cash Accounting & Accrual Accounting

    25

    11

    Diff between – Equity & Debentures

    26

    12

    Diff between – Financial Accounting & Management Accounting

    27

    13

    Financial Appraisal of Projects – DCF, Pay back, Accounting Rate of Return

    28

    14

    Functions of Management Accountant

    36

    15

    ICOR – Incremental Capital Output Ratio

    38

    16

    Inflation Accounting

    39

    17

    Inventory Control & TOR – Turn Over Ratio

    40

    18

    IRFA – Indian Railway Financial Adjustments & IRCA – Indian Railway Commercial Association

    43

    19

    Job Costing in Workshops

    46

    20

    LCC – Life Cycle Costing

    48

    21

    LHC – Line Haul Cost

    51

    22

    Working Capital

    53

    23

    ROCE – Return On Capital Employed

    54

    24

    Social Cost Benefit Analysis

    57

    25

    Ratio Analysis

    57

    26

    Marketable Securities

    61

    27

    Management Audi

    62

    28

    Marginal Costing – Problems with Solutions

    63

    29

    Marginal costing – Formulae

    70

    30

    Marginal Costing

    72

    31

    MBE – Management By Exception

    77

    32

    Operating Ratio, Problems with solutions, PEI – Performance Efficiency Index and Differences between OR & PEI

    78

    33

    Parameters in Indian Railways (Total 6)

    94

    34

    PERT & CPM

    96

    35

    Productivity Test & Productivity Review

    99

    36

    PV Ratio – Profit Volume Ratio

    102

    37

    Quality Circles

    103

    38

    Regression Analysis

    105

    39

    Responsibility Accounting / Centres

    107

    40

    ROCE – Return On Capital Employed

    109

    41

    Sensitivity Analysis

    111

    42

    SPV – Special Purpose Vehicle

    112