Railway Accounts Department Examinations

Showing posts with label important questions. Show all posts
Showing posts with label important questions. Show all posts

Monday, November 4, 2019

New Standard GCC-General Conditions of Contract for works- November 2018




Indian Railways Standard GCC for works- November 2018 

 For download - Click below

                                  GCC - PDF


Note: Please download and take a print (hard copy)


Very important document for General Expenditure Optional paper as well as GRP paper for Appendix3 IREM exam and for LDCE 

The following important questions may come from GCC

SN
Important Question
Page Number in GCC
1
EMD - Earnest Money Deposit
4
2
Eligibility Criteria
12
3
Joint Venture (Jv) In Works Tenders -
Latest concept
16
4
Tenderer’s Credentials (Bid Capacity)
31
5
SD - Security Deposit
38
6
PG - Performance Guarantee
39
7
Force Majeure clause
40
8
Extension of Time in Contracts
41
9
Variations in extent of contract
53
10
Measurements
55
11
PVC - Price Variation Clause
58
12
Determination Of Contract
74
13
Arbitration
78

Note: In the coming days, I wish to post articles on the above subjects and revise the articles which were posted already.  

Thursday, December 20, 2018

Important questions - General Expenditure



General expenditure - Most Important Short notes (5 marks) in  Appendix 3A Exam.


My advice is to read and cover entire syllabus irrespective of Important or Not Important.  Subsequently put more preference for important ones because they are repeatedly asked in previous examinations as well as for importance they associated with in working of Indian Railways.


  1. Two packet system of Tendering  Click here

  1. Asset Register - 2006 (WO)   Click here 
      3. Measurement Book 

  1. Contractor's Measurement Book Click here

  1. Cost over runs & Time over runs 

  1. Development Fund 

  1. Development Reserve Fund 

  1. Capital Fund 

  1. Railway Liability Reserve Fund /  Debt Service Fund Click here

  1. RRSK  Click here

  1. Public Private Partnership - PPP 

  1. Differences between Demands Recoverable & Bills Recoverable  Click here

  1. Differences between Lease and License Click here

  1. Differences between Concurrence and Vetting Click here

  1. EBR -Extra Budgetary Resources  

  1. EBR(IF)  Click here

  1. EBR(IRFC) Click here

  1. EBR(PPP)

  1. FDI - Foreign Direct Investments  

  1. Development Order Click here

  1. Unremunerative / Uneconomic Branch Lines Click here

  1. Standards of Financial Propriety   Click here

  1. Sources of Finance - Capital, Capital Fund, DRF, DF, RSF, EBR like IRFC, PPP, FDI etc,Click here

  1. Seigniorage Charges Click here

  1. RLDA - Rail Land Development Authority Click here

  1. Model SOP Click here

  1. Umbrella Works

  1. GeM

  1. New GCC for Works - Nov, 2018

  1. GCC for Services

  1. IRPSM - Indian Railways Projects Sanctions & Management Click here

  1. Transformation cell Click here

  1. Joint Ventures

  1. COE - Control Over Expenditure

  1. Tender/Contract documents Click here

  1. IRSDC  Click here 
  2. GFR - General Financial Rules Click here
  3. GST - Goods & Service Tax Click here
  4. OOT - Out Of Turn Works Click here
  5. RSF - Railway Safety Fund Click here
  6. Advances to Contractors  Click here
  7. Tender Notice  Click here
  8. Responsibility Accounting Click here
  9. LHC - Line Haul Cost Click here
  10. Cost Plus Tender / Cost Plus Contract Click here
  11. Differences between IRCA and IRFA transactions Click here
  12. Performance Guarantee Click here
  13. Differences between SD and PG Click here
  14. Price Variation Clause - PV clause Click here
  15. Negotiation  Click here
  16. Differences between Variation and Vitiation Click here
  17. Counter Offer  Click here
  18. Way Leave charges Click here
  19. Line Capacity Works Click here








General expenditure - Important Essay questions(20 marks) in  Appendix 3A Exam.

My advice is to read and cover entire syllabus irrespective of Important or Not Important.  Subsequently put more preference for important ones because they are repeatedly asked in previous examinations as well as for importance they associated with in working of Indian Railways.



1.     What are the Measurement Books ? How are these maintained and what is their utility ? 1988 (WO)

2.     Under what circumstances can works be started before preparation of detailed estimates ? How are these regularised ?  1988 (WO)    

3.     What are the various types of tenders for contracts of civil engineering dept ? Give critical comments on each of these and mention the checks exercised in the Accounts Office while letting out such contracts.   1988 (WO)

4.     What are the Works Registers and what purpose do they serve ?  Bring out the pros and cons of single set and double set of Works Registers.  1988 (WO)

5.     Explain the term " Unsanctioned expenditure" with suitable examples.  What is the machinery for watching such expenditure and how is it ultimately regularised ? 1988 (WO)

6.     What are the Completion Reports (CRs) for works drawn up ?  What are the points that are looked into while certifying CRs ?  What are the implications of non-drawal of CRs expeditiously after the completion of works ?  1988 (WO)

7.     What is a Material -at-Site account (MAS) and what purpose does it serve ?  Explain briefly how it is maintained and reviewed .   1988 (WO)

8.      What is Railway Safety Fund (RSF) ?  For what types of work is it used ? How does RSF get credit for the use of Railway projects? - 2012 (W)

9.     What are the items to be verified while vetting a Revised Estimate ? - 2012 (W)

10.   What is meant by earnest money, security deposit and Performance Guarantee ? What are these important for ? - 2012 (W)

11.   What is a special limited tender ? How is it processed ? Explain in detail. - 2012 (W)

12.   What is the difference between RECT and PECT surveys ? How are these conducted?  What is the importance of survey in the sanction of a project?  - 2012 (W)

13.   What are the canons of financial propriety ? In this regard, how is irregular expenditure regularized ?  - 2012 (WO)

14.   What are the checks exercised by Accounts Office on: i) On account bills ii) Final Bills - 2012 (WO)

15.     What are the various records checked during the inspection of a PWI's Office ?  In case any irregularity is detected, what action is to be taken. - 2012 (WO), 1999 (WO)

16.  What do you understand by a Zonal contract ? How is it different from other works contracts ? - 2012 (WO)

17.  What is two packet system of tendering  ?  Discuss the advantages and disadvantages of this system ? - 2012 (WO)

18.   What role does the accounts department play with regard to control over revenue
     expenditure ? - 2012 (WO)



Monday, December 17, 2018

Some Important questions in Traffic Accounts

Some Important questions in Traffic Accounts.  Its not complete list. My advice is to read and cover entire syllabus irrespective of Important or Not Important.  Subsequently put more preference for important ones because they are repeatedly asked in previous examinations as well as for importance they associated with in working of Indian Railways.
  1.  LTTC - Long Term Tariff Contract
  2. STS - Station To Station Rates
  3. LWIS - Liberalized Wagon Investment Scheme
  4. PFT - Private Freight Terminal
  5. SLR Leasing
  6. Non fare Revenue
  7. Tatkal
  8. Premium Tatkal
  9. Premium trains
  10. Traffic Suspense
  11. Station Outstandings
  12. Traffic Book and its parts
  13. Apportionment of Earnings
  14. Earnings Budget
  15. Cash in transit
  16. Role of TIA in preventing leakage of Revenue
  17. Objects of Traffic Accounts Office
  18. Dynamic Pricing policy
  19. FOIS - Freight Operations Information System
  20. COIS - Coach Operations Information System
  21. UTS - Unreserved Ticketing System 
  22. Terminal charge
  23. Piligrim tax
  24. Non Issued ticket
  25. Wagon Turn Round
  26. Withdrawals from Station earnings
  27. Way Leave charges
****

Thursday, November 22, 2018

Stores Accounts - Important questions


Stores Accounts - Important questions
(compiled by Shri Sreedhar, AA/SCR/Secunderabad)
1. ABC analysis
2. Inventory control
3. Stock verification
4. Stock adjustment accounts
5. Purchase accounts
6. Stores suspense
7. LC opening
8. MAC –
9. Computerization of stores accounts
10. Purchase order/ indent/stock and non stock
11. Types of tenders
12. Distinguish late and delayed tender
13. Role of finance member in stores tender committee
14. Purchase policy
15. Survey committee
16. Combined receipt cum issue note
17. EOT
18. Sources of supply
19. How the tender system has ensured the transparency in Govt transactions?
20. Turn over ration
21. LD
22. EMD and SD
23. SFC
24. EAR/AAC Quantity vetting
25. DGS&D and import policy
26. AIC
27. CFI
28. FOR destination
29. Receipt note
30. Lorry challans
31. Surplus stores/ dead surplus
32. Rate / running contract
33. Minima and maxima

Traffic Accounts - Important Questions


Traffic Accounts - Important Questions
(compiled by Shri Sreedhar, AA/SCR/Secunderabad)
1. Traffic book and its parts
2. Cash in transit/stores in transit
3. Elements of passenger classification
4. Objects of traffic accounts office
5. Role of TIAs in preventing leakage of revenue
6. Accounts office balance sheet
7. Traffic suspense
8. Dynamic pricing policy
9. FOIS
10. COIS
11. UTS -
12. Sundry earnings
13. Journey of traffic earnings from station to cash office and accounts at RBI/Nagpur
14. Apportionment of traffic earnings
15. Terminal charges
16. Pilgrim tax
17. Non issued ticket NI statement
18. Traffic classification
19. Wagon turn round
20. Withdrawal from station earnings
21. Various types of frauds
22. Maintenance of ROB/RUB
23. Way lease charges

Books & Budget - Important questions


Books & Budget - IMPORTANT. QUESTIONS -Short Notes - 5 marks


Notes:

A.    (W) means With Books and (WO) means Without Books.

B.    Wherever marks not indicated, they are asked for 5 marks.

C.   My advice is to read and cover entire syllabus irrespective of Important or Not Important.  Subsequently put more preference for important ones because they are repeatedly asked in previous examinations as well as for importance they associated with in working of Indian Railways.
                                                                                    ***


1.    Operating Ratio  -1985 (WO),1988 (WO)-20 marks,1990 (WO), 1991 (WO)-20 marks, 1992 (WO), 1994 (WO),  2012 (W)   Click for OP theory and Practicals

2.     Development Fund (DF) - 2012 (W) 

3.     Proportionate Budget Allotment (or Budget proportions) - 1989 (W), 2012 (W)

4.    Public Accounts Committee (PAC) - 1989 (WO), 2012 (WO)   Click for PAC

5.    Depreciation Reserve Fund (DRF) - 2012 (WO) 

6.    Final Modification Statement - 1987 (WO), 1988 (W), 1991 (WO), 1992(WO), 1993(WO),
                                                1995(WO), 2012 (WO)

7.    Vote on Account - 1991 (WO), 1994 (WO), 1995 (WO) Click for article on VOA

8.    Public Account of India - 1991 (WO), 1995 (WO) 

9.    Contingency Fund of India - 1986 (WO), 1987 (W), 1988 (WO), 1990 (WO), 1991 (WO),
                                            1995 (W), 1996(W), 1997 (WO) 

10.  Post Audit of Paid Vouchers  - 1985 (WO) 1987 (W)-20 marks, 1988 (W)& 1991(W) - 10 marks

11.  New Service/New Instrument of Service - 1985 (WO), 1988 (WO), 1989 (WO)  Click for New Service article

12.  Reserve Bank Suspense - 1987(W), 1990(W), 1992(W)  Click for Reserve Bank Suspense

13.  Re-Appropriation - 1988(W)-20marks,1993(W), 1994 (WO)-10marks, 1996 (WO), 2010 (W)

14.  Mis Classification /Annexure J - 1990 (W), 1993 (W), 1994 (W) Click for Misclassification

15.  Civil Demands/Civil Grants - 1986 (WO), 1989 (WO), 1994 (W)

16.  Capital Fund -1994 (W), 1995 (W), 1997 (WO)  Click for Capital Fund

17.  TWFA - Transfers Without Financial Adjustments - 1990 (WO), 1994 (W), 1995 (WO), 1997 (WO)  Click for article onTWFA

18.  IRFC -  Indian Railways Finance Corporation  - 1990 (W), 1992 (W)-10 marks,
                                                                           1995(W)-20 marks, 2004 (W) Click for IRFC

19.  RCC - Railway Convention Committee - 1987 (W), 1988 (WO), 1990 (W), 1992 (WO), 1995 (WO)  Click for RCC

20.  Exchequer Control - 1985 (WO)-20 marks, 1986 (WO)-20 marks, 1988 (WO)-20 marks,
                                1990 (W)-10 marks, 1991 (W), 1993 (WO), 1994 (WO),
                                1995 (WO)-20 marks, 1996 (W) Click for Exchequer Control

21.E-Recon or Transfer Transactions   click for ERecon

22. Sources of Finance click for articles on various Funds

23. Railway Safety Fund Click for article on RSF

24. RRSK Click for RRSK

25. Debt Service Fund or Railway Liability Reserve Fund Click for article on Debt Service Fund

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