Railway Accounts Department Examinations

Showing posts with label MCQ. Show all posts
Showing posts with label MCQ. Show all posts

Wednesday, October 12, 2022

Railway's Land Policy

 Railway’s Land Policy


  • As part of NLP - National Logistics Policy


  • Indian Railways revised its land policy to give boost PM Gati Shakti framework ( Cargo related activities, Public utilities and Railway’s exclusive use)


  • Liberalization of Land policy would avenues to all stakeholders/service providers/operators to establish more cargo related facilities there by additional cargo traffic to Railways. 


  • Financial implications  - No additional expenditure will be incurred 

 

  • Reducing overall logistics cost in India to the Single digit (i.e., 8%) of World standard. (At present Logistics cost as a proportion of the GDP is around 14 %) 

 

  • 300 PM Gati Shakti Cargo Terminals - next five years

 


Objects: 


  1. To attract more cargo to Indian Railways, thereby increasing modal share in freight transportation from 36 % at present to 45 % by 2030 year


  1. Create employment generation potential of about 1.2 lakh employment


  1. Simplify approvals for utilities such as Electricity, Gas, Water supply, Telecom cable, sewage disposal, drains, OFC, pipelines, roads, flyovers etc
















Comparison of Railway’s Land Policy



Item

Previous Policy


Revised Policy

Leasing of Railway’s Land

5 years 


35 years

Land - Annual Lease charges

6 % of Market value of Land


1.5 % of Market value of Land

Leasing of Land for Hospitals through PPP

Nil


Re. 1 per Square Meter per annum

Land for renewable energy, water treatment, water recycling, sewage treatment plants etc for exclusive use of the Railways

Nil


Re. 1 per Square Meter per annum

OFC - Optical Fiber Cable Annual Lease charges 

6 % per annum


Rs. 1000 (nominal charge)



Material for MCQ


  1. NLP stands for National Logistics Policy

  2. GCT stands for Gati shakti Cargo Terminal 

  3. OFC stands for Optical Fiber Cable 

  4. GDP stands for Gross Domestic Product

  5. Present logistics cost as proportion to GDP  - 14% (approx)

  6. Target Logistics cost as proportion to GDP  - Single Digit 

  7. Railway’s modal share in Freight transport - Present level 36 % to 45 % by the year 2030

  8. Leasing of Railway’s Land - up to 35 years (previous period - 5 Years) 

  9. Annual leasing charges for Railway’s Land - 1.5 % of Market value of Land

  10. Leasing of Land for Hospitals through PPP - Re. 1 per Square Meter per annum 

  11. Land for renewable energy, water treatment, water recycling, sewage treatment plants etc for exclusive use of the Railways - Re. 1 per Square Meter per annum 

  12. OFC - Optical Fiber Cable Annual Lease charges  - Nominal charge of Rs.1000


-end-



Thursday, March 24, 2022

Mobile App / Desktop App on MCQs - Indian Railways Departmental Examinations like LDCE etc

 






Operated on Mobile or Desktop 

Click for Mobile App on MCQs

or 

Click for Desktop App on MCQs 


Features: 

  1. As on date, nearly 4000 questions uploaded. 
  2. MCQs for different categories such as Abbreviations, Allocations,  Question papers of Appendix2 NCR 2020 GRP & Expenditure, Audit, Bookkeeping, Books & Budget, Establishment matters / Personnel, Exepnditure, General Knowledge, Rajbasha / Official Language, Stores, Traffic & Workshop 
  3. Updating and adding MCQs regularly 
  4. Testing performance by attempting Tests 
  5. True or False Questions

Contact WhatsApp 9492432160 for further details

Thursday, February 24, 2022

Book of Sanctions – BOS

 Book of Sanctions – BOS

  •  Definition: Compilation of particulars of all Sanctioned posts of an accounting unit 

 

  • Consists of Permanent and Temporary or Work charged Posts of a particular year.

  • Object: Ready reference book of all sanctioned posts /Temporary posts for payment of Salary, Listing of vacancies, promotions etc


  • Important for Man Power Planning (MPP) 

 

  • Prepared by Personnel Dept at the beginning of the Financial Year.  

 

  • The BOS prepared by Personnel Department is verified and certified by the concerned Branch Officer (executive officer)  and Accounts Officer.  

  •  All the three Branch Officers ie Personnel, Executive Officer, and Accounts Officer sign this document. 

  •  The memorandum’s number and date of Creation of posts / Surrender of posts are also shown in this document.  

  •  All the posts created and surrendered in the previous year are taken into account for the preparation of this document. 

  •  In the case of Temporary or work-charged posts – The date of Sanction and Date of Expiry are also mentioned against each one. 


  • Very important document and to be kept up to date.


  •  BOS – Columns like Safety, Non-Safety, and Trainee wise


  • Consists of  the columns of Railway/Dept/Designation/Division/Grade/Safety, Non safety & Trainees/Sanction/Temporary/Work charged/Total/On Roll/Vacancies 


  • The total number of employees should not exceed the number of posts shown in the BOS. 


  • BOS is the basis for surrendering the unrequired posts. 

  •   The money value of Surrendered Posts  - used for the creation of posts in Safety and operational categories for the New Assets. 



Key points for MCQ of BOS: 

  1. BOS stands for Book Of Sanctions 

  2. Prepared by the Personnel Dept 

  3. Should be signed by the 3 Officers of Personnel Dept, Executive Dept & Accounts Dept. 

  4. Prepared at the beginning of the year. 

  5. An important document for MPP 

  6. MPP stands for Man Power Planning

  7. The basis for surrendering unrequired posts. 

  8.  The money value of surrendering posts - utilized for the creation of posts in Safety & Operational categories of New Assets 

****


 

Wednesday, December 15, 2021

Appendix3 Exam - New pattern - RBA 71 dated 15.12.2021

Click below for 


Appendix3 Exam - New pattern - Railway Board RBA 71 dated 15.12.2021  

Salient features of New pattern of Appendix3 Exam 

vide RBA 71 dated 15.12.2021





  • Introduction of Objective type questions / MCQs 

 

  • Merger of 3 cadres i.e., Sr.SO(A), Sr.TIA &Sr. ISA with prospective date. The Objective is to acquire knowledge and experience of the Accounts Dept as a whole.

 

  • Conducted by Railway Board  



  • All papers - Without Books  

 

  • Examination will be on bilingual (at the option of the Candidate)



  • Objective type & Descriptive type - Both conducted through online i.e., CBT - Computer Based Test 

 

  • 3 Objective Question Papers - Each 100 marks - Time - 2 hours for each Paper. Negative marks 0.25 for each wrong answer

 

 

Candidates

Passing Marks 

Individual Paper

Aggregate of 3 Papers

General

40 Marks

45 %

SC/ST

30 Marks

35 %

 

  

  • One Subjective/Descriptive Question paper - 300 marks - Time - 3 Hours  - Valuation of Subjective paper.  Passing marks - 40 % for General Candidates and 30 % for SC/ST Candidates.   Subjective paper will be corrected subject to qualifying the minimum marks in Objective type tests. 



  •  Combined marks of Objective & Descriptive  - Determine the position of the candidates in the Merit list. 



  • Unlimited attempts    



  •  Exemption marks  - 60 %.  The Exemption will be applicable for 5 years. 



  • Syllabus as detailed below is indicative only. That means suggestive only. Detailed syllabus will be spelt out in Notification of the examination.  

 

  • Syllabus of 3 Objective type papers: 



1.    GRP, Establishment, PF, NPS, Pension, Labour Laws and Associated Finance, Expenditure, Budget & Bookkeeping 

 

2.            Stores, COS Procedures, Workshops, Workshop Costing & associated finance, Expenditure, Budget & Bookkeeping 

 

3.            Traffic Accounts, Traffic Statistics / Costing, Station Accounts and associated finance, Accounting & Bookkeeping  



  • Syllabus of 1 Descriptive paper:  

 

A.            General Essay, Letter writing & Precis  - English medium and Hindi Medium

 

B.   Rajbhasha  (Question on Official Language Policy) - English or Hindi 

 

C.   Practical aspect of Finance & Accounts, Approaching Finance, Comprehend/understand the issue and conclusions arrived thereby 

 

D.   Advanced Bookkeeping - Numerical Questions - Calculator allowed.      

 

  • Negative marking - 0.25 marks for each wrong answer in Objective type tests.  Different possibilities are as follows.  (for an idea to the Candidates)  

 

 

Probability

Total Questions 

(Guessed randomly, if not sure of correct answer)

Correct

Wrong

Marks secured

Probability Percentage

First probability

5

5

Nil

5

16 %

Second probability

5

4

1

3.75

16 %

Third probability

5

3

2

2.5

17 %

Fourth probability

5

2

3

1.25

17 %

Fifth probability

5

1

4

Nil

17 %

Sixth probability

5

Nil

5

 Minus 1.25

17 %

  

  •  83 %  Positive or Nil effect   



  •  17 % - Negative



  •  It is better for the Candidates to go to a random guessing subject to be confident of Correct answers for at least 55 objective questions out of 100 questions. 



  • Overall, the above Railway Board letter is indicative only.  Detailed policy guidelines / instructions on implementation of new pattern of Appendix III IREM examination and merger supervisory cadre of Accounts Dept will follow.