Railway Accounts Department Examinations

Showing posts with label Question papers. Show all posts
Showing posts with label Question papers. Show all posts

Thursday, December 2, 2021

LDCE ACCOUNTS QUESTION PAPERS OF NWR 2021

 

NORTH WESTERN RAILWAY

Accounts Department

Limited Departmental Competitive Examination (LDCE) for selection to the post of Assistant

Financial Advisor (Group ‘B’ Service-30% quota)

 

 

 

PAPER-I

 

 

Date: 20/11/2021

 

Time Allowed: 3 HoursMaximum Marks: 150

This paper contains three sections viz. A, B & C.  All sections have to be answered. Each section carries equal marks.

 

[Note: (1) Do not write your Roll No./Name anywhere in the answer book. Write your Name, Designation, and Roll No only in the assigned space in the file leaf only. If the candidate writes Name / Designation/ Roll No, or any symbol / indication in the answer book, the candidature shall be disqualified. (2) Answer to Q.3 has to be given in English only and answers to other questions have to be written in either in English or Hindi. (3) In case of any discrepancy between the English and Hindi versions of this question paper, English version will be treated as final.]

 

Section-A: General Knowledge, English and Official Language Policy                                     [50 marks]

 

Section-B: General Principles of Government Accounting and Auditing with special reference

To the Railways   [50 marks]

 

Section-C: Books and Budgeting including Traffic Book   [50 marks]

 

 

 

Section-A

General Knowledge, English and Official Language Policy

 

 

Q.1             Write the full form of the following abbreviations:                                                                                               (5 marks)

                     (i) UNICEF        (ii) UPSC           (iii) GDP            (iv)  PFRDA         (v)  UIDAI

 

Q.2             Write short notes on any two of the following:     

                                                                                               (10 marks)

i. Election Commission

ii. President Rule

iii. NITI Aayog

 

Q.3 (A)       Write an essay (about 300 words) on any one of the following:                                                                         (20 marks)

 

                    1. Freedom struggle of India

                    2. Unity in diversity

                    3. Honesty is the best policy

 

(B)     Write the antonyms of the following:                                                                                                                        (5 marks)            

                  1. Ancient      2.  Abundant     3. Conceal       4. Ugly         5. Frequent

 

Q.4          What is the Official language policy of the Union of India? Give salient features of the

                  Official Languages Act 1963.                                                                                                                                         (10 marks)

 

 

 

Section-B

 

General Principles of Government Accounting and Auditing with special reference to the Railways

 

 

Attempt any two of the following; each question carries 25 marks:

 

                  Q.5   a. What do you mean by ‘statutory audit’                                                                                                                         (7 marks)

                           b. Write short notes on the following:                                                                                                                               (18 marks)

                                (1) Draft Para

                                (2) Special Letter

                                (3) Public Accounts Committee (PAC)

 

                  Q.6   Distinguish between the following:                                                                                                                                        (25 marks)

                           1. Originating earning and apportioned earning.

                           2. Write-back and write-off

                           3. Consolidated fund and contingent fund

                           4. Demands payable and Demands recoverable

                           5. Block Account and Loan Account

 

                  Q.7   Give a detail of the system of maintenance and compilation of Railway Accounts.                                                       (25 marks)

 

 

 

 

Section-C

 

Books and Budgeting including Traffic Book

 

     Attempt any two of the following; each question carries 25 marks:

 

       Q.8     What is Traffic Book? How is it posted and what purpose does it serve?                                                                         (25 marks)

 

 

       Q.9     (A)  What is the purpose of Operating Suspense Account?                                                                                                  (7 marks)

 

                   (B) Briefly discuss the operation and accounting of the following Suspense heads.

 

(a)    Cheques & Bills, (b) Remittance into bank,(c) Purchase Suspense                                                                       (18 marks)

 

      Q.10   Write short notes on the following:   (25 marks)   

                                          

i.   Outcome budget

                  ii.  Performance budget

 iii. Zero based budgeting

                  iv. Accrual accounting

                  v.  Transfer transaction

 

 

                                                                                                    NORTH WESTERN RAILWAY

                                                                                                         Accounts Department

                                                  Limited Departmental Competitive Examination (LDCE) for selection to the post of Assistant

                                                                                         Financial Advisor (Group ‘B’ Service-30% quota)      

 

 

 

                                                                                                                  PAPER-II

 

 

Date: 21/11/2021

 

Time Allowed: 3 HoursMaximum Marks: 150

This paper contains three sections viz. A, B & C.  All sections have to be answered. Each section carries equal marks.

 

[Note: (1) Do not write your Roll No./Name anywhere in the answer book. Write your Name, Designation, and Roll No only in the assigned space in the file leaf only. If the candidate writes Name / Designation/ Roll No, or any symbol / indication in the answer book, the candidature shall be disqualified. (2) Answer to all questions have to be written in either in English or Hindi. (3) In case of any discrepancy between the English and Hindi versions of this question paper, English version will be treated as final.]

 

Section-A: Financial Justification for Expenditure and Traffic Costing                                                    [50 marks]

 

Section-B: Management Accounting                                                                                                            [50 marks]

 

Section-C: Traffic Accounting and Statistics & Establishment   [50 marks]

                                                             OR

                    General Expenditure Accounts and Workshop & Stores Accounts

 

 

 

Section-A

Financial Justification for Expenditure and Traffic Costing

 

Answer any two questions: (each question carries 25 marks)

 

Q.1     What are the points to be kept in mind while examining the following in finance:

 

a.       Land licensing proposal, b. Station to Station Rates, c. Detailed Estimate,

d.    Crossing Station, e.  Variation Statement                                                                                                                 (25 marks)

 

Q.2      Describe the methodology adopted by the Indian Railways to work out the costing for Freight

             And Coaching Services                                                                                                                                                                          (25 marks)

 

Q.3      Name and describe the various sources/ funds available for financing Railway Projects                                                          (25 marks)

 

 

 

 

Section-B

Management Accounting

 

 

Attempt any two questions: (each question carries 25 marks)

 

Q.4       Write short notes on the following:                                                                                                  (25 marks)

              (a) Debt Equity Ratio, (b) Marginal Costing, (c) Opportunity Cost,

              (d) Liquidity Ratio, (e) Working Capital

 

Q.5     a) Bring out the difference among partnership firm, joint venture firm and consortium of firms.                                              (15 marks)

 

           b) Describe DCF method of project appraisal.                                                                                                                                        (10 marks)

 

Q.6     What is the difference between Internal Check and Internal Audit? Give a brief description of scope and

            Objective of Internal Audit.                                                                                                                                                                       (25 marks)

 

 

 

 

 

 

Section-C

 Traffic Accounting and Statistics & Establishment

 

 

Attempt any two questions: (each question carries 25 marks)

 

Q.7      Write short notes on the following:

 

(a)   Accounts Office Balance Sheet, (b) Traffic Suspense, (c) Cash Remittance Note,                                 

             (d) Cash in Transit, (e) Error Sheet                                                                                                                                           (25 marks)

 

Q.8      Write short notes on the following:

 

(a)   Permanent Negotiating Machinery, (b) Child Care Leave, (c) National Holiday Allowance,

(d) Night Duty Allowance, (e) Leave Encashment                                                                                                                 (25 marks)

 

Q.9      Write short notes on the following:

 

(a)   GTKM and NTKM, (b) Statement no.6A, (c) Statement no.7A,

(d)  Statement no.7C, (e) Route Kilometer and Track Kilometer                                                                                         (25 marks)

 

 

 

 

                                                                                                                         OR

 

                                                  General Expenditure Accounts and Workshop & Stores Accounts

 

 

Attempt any two questions: (each question carries 25 marks)

 

Q.10     Write short notes on the following:

 

(a)   Excess over estimates, (b) Completion Report, (c) Final Location survey,

(d)  Vitiation of Contract, (e) Price Variation Clause                                                                                                             (25 marks)

 

Q.11       What is inventory management? Why it is necessary and how it is being managed on Indian

                Railways?                                                                                                                                                                                     (25 marks)

 

Q.12       Why it is necessary to operate a suspense account to book the expenditure in a Workshop?

                Describe briefly how such a suspense account is operated.                                                                                              (25 marks)

 

 

 

****

Thursday, October 21, 2021

Wednesday, January 20, 2021

Question paper of 70% exam of SR Accounts Dept

 Click below


Question paper of 70% exam of SR Accounts Dept


1. SPARROW -Smart Performance Appraisal Report Recording Online Window

2.  CTSE - Cashless Treatment Scheme in Emergency

3. TAMS - Traffic Account Management System. 

4. CELS - Cash Equivalent of Leave Salary



Sunday, November 1, 2020

Questions analysis (short and Essay) - GRP paper in Appendix3 exam

 


Compiled by Shri Sreedhar, AA/Secunderabad Division


Click for Repeated Short notes questions in GRP paper of Appendix3 exam


Click for Essay questions in GRP paper of Appendix3 exam




Essay Questions - Repeated ones in GRP paper in Appendix3 exam

1

What are the various Railway Funds that are financed from Railway Revenues? For what purpose is the amount in each Fund utilised and how is this purpose served when there is insufficient balance in the Funds?

1983

1988

1993

1999

2001

1982

1986

2006

2

What do you understand by ABC analysis in Inventory
Control?  Has it proved useful on the Railways?

1983

1985

1989

1992

2010

 

 

 

3

How Traffic Book is reconciled with the General Books?

1983

1997

 

 

 

 

 

 

4

Distinguish betweed Exchequer Control and Budgegary Contorl and discuss in detail the links between the two.  How are these controls exercised on your Railway? Role of cash budget as a tool of expenditure control(i.e. exchequer cont)

1983

1993

 

 

 

 

 

 

5

What is a 'Station to Station' rate? Under what circumstances it is justified? What safeguards would you suggest to avoid
any misuse of such a rate?

1983

2000

 

 

 

 

 

 

6

Describe the appropriation accounts alongwith various
annexures.  What are reasons for misclassification of expenditure?

1984

1987

1992

 

 

 

 

 

7

Describe the system of classification, collection, and distribution of the ON-COST expenditure in Railways
Workshops.

1984

1987

 

 

 

 

 

 

8

Discuss how transfers of stores from one Depot to another Depot on the same Railway are dealt within Stores Accounts. What are the various types of items that are adjusted through the Stock Adjustment Account and with what effect?

1984

1990

1994

2016
short

 

 

 

 

9

Discuss the station outstandings arise and how these are cleared.  What types of these outstandings tend to remain
uncleared for long periods and why?

1984

1994

 

 

 

 

 

 

10

How Traffic Account and Demands Payable are said to help in converting commercial accounts to Government accounts.
Discuss this by giving examples

1985

2010

 

 

 

 

 

 

11

Enumerate the various Advances of Government money
available to employees.  What are the main features of House Building Advance?

1985

1988

 

 

 

 

 

 

12

Describe the journey of station earnings from Railway Station to the Railway Account in the Reserve Bank of India.

1985

2006

 

 

 

 

 

 

13

How are surplus and scrap stores disposed of?  How are the sales shown in the books of accounts at different stages?

1985

2004

 

 

 

 

 

 

14

Describe in detail the procedure by which the Parliament exercises control over Indian Railway's Finances?

1986

1993

1997

2015

 

 

 

 

15

what is common between the heads "Traffic Account", "Labour" and "Demands Payable"? Describe how they are
operated and what is their utility?

1986

1993

 

 

 

 

 

 

16

What are the "Funds" operated on the Indian Railways?  How are they financed and for what purpose are they used?

1986

1992

 

 

 

 

 

 

17

Mention three types of Frauds that are possible in connection with Railway working and discuss in detail the procedural safeguards that exist which will ensure their detection.

1986

1994

 

 

 

 

 

 

18

Comment briefly on importance of local inspections.  What important points you would look into while inspecting a major Goods Shed or a major Stores Depot or the Office of AEN?
How will you bring important irregularities to the notice of Executive Depatements?

1987

1990

 

 

 

 

 

 

19

Explain the terms "SHOP-ON-COST", "GENERAL-ON-COST" and
"PROFORMA-ON-COST".  Why and how are they levied on work done in a Railway Workshop?

Click for Answer

1987

1984

1988

1999

2001

2006

 

 

20

What is meant by "Traffic Suspense" and what does it consist of ?  What practical steps would you suggest for expenditious clearance of outstandings under this head?

1987

1992

1996

2010

 

 

 

 

21

What are the different sources of obtaining stores for the Railway and what precautions are taken to ensure that they have been procured in the most economical manner and as exdpeditiously as possible? Procurement of Stores.

1987

1993

 

 

 

 

 

 

22

Why is stock verification necessary?  What is the mechanism for stock verification on Railways?  How are the results of such verification recorded and dealt with?

1987

1999

2004

2006

2015

2016

 

 

23

Describe briefly the procedure for remittance of cash by stations.  What checks are exercised to ensure that the cash collected at the stations is correctly remitted?  Do you have any suggestions to give in this regard?

1987

1992

1999

 

 

 

 

 

24

Stations prepare Balance Sheet.  Why should then separate
Accounts office balance sheet be prepared?

1989

2017

 

 

 

 

 

 

25

Role of Audit and Audit objections on the Railways?

1990

2016

 

 

 

 

 

 

26

Workshop Manufacturing Supsense (WMS)

1990

1992

1996

2004

2010

2016

 

 

27

Inspection of GOODS SHED, STORES DEPOT, PARCEL OFFICE,
IOW OFFICE, TXR's office

1990

1982

1993

 

 

 

 

 

28

Arbitration clause

1993

2010

 

 

 

 

 

 

29

Estimates

1994

1995

1996

 

 

 

 

 

30

How the check exercised by the organisation of Principal Director of Audit(Statutory Audit) is different as compared to the one exercised by Accounts Department?  Discuss very briefly the various forms in which Audit Objections are compiled and communicated.

1996

2016

 

 

 

 

 

 

31

What do you understand by Budget and how the Budged for expenditure is compiled on Indian Railways?  Also discuss briefly the various stages of its review.

1996

2016

 

 

 

 

 

 

32

TENDERS

1996

2004

 

 

 

 

 

 

33

What are the various parts of Traffic Book? While discussing the importance of each part, explain how Traffic Accounts
office proves their accuracy?

1997

2004

2016

 

 

 

 

 

34

Prepare a check list for guidance of an accounts officer of the store accounts branch attendint Tender Committee meeting

1997

2016

 

 

 

 

 

 

35

Is it necessary to maintain a single set or a double set of works register?  Please discuss, highlighting the merits and the demerits.  What are the main problems being encountered for drawing up the Completion Report of a
Work?

1999

2006

 

 

 

 

 

 

36

Bills recoverable

1999

2017

 

 

 

 

 

 

37

Detail the types of frauds which cannot be detected by internal check of station returns in the Traffic Accounts Office, explaining the TIA's role in this regard.

2001

2006

 

 

 

 

 

 

38

What is specific fuel consumption?  Describe measures to
reduce it

2015

2016