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

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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.

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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

                                                            $$$$$$

Important questions - Book keeping - Differences between compiled by Shri Uday, SSO(A)/Secunderabad

Important questions - Book keeping - Differences between

compiled by Shri Uday, SSO(A)/Secunderabad

1.       Interest & Dividend  click

2.       Shares & Debentures

3.       Memorandum of Association & Articles of Association

4.       Hire purchase & Installment payments

5.       Trading Account & Profit and Loss Account

6.       Single Entry & Double Entry

7.       Joint Venture & Partnership

8.       Fixed Assets & Current Assets

9.       Trade bills & Accommodation bills  Click

10.   Trial balance & Balance sheet

11.   Straight line method & Written down method (Diminishing balance method)

Important question - Book keeping

IMPORTANT QUESTIONS IN BOOK KEEPING SUBJECT

compiled by Smt Neelam Dhadse, SSO(A)/Bhusaval

Important Note:

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 the working of Indian Railways.

Short notes

1) contingent liability

2 ) secret reserve

3) deferred revenue expenditure

4) good will/ valuation of good will

5) memorandum of association

6) accommodation bill

7) accounting conventions or principles

8) double entry system/ single entry system

9)business entity concept

10) money measurements concept

11) matching concept

12) accrual concept

13) going concern concept

14) revenue recognition

15) full disclosure 

16) cash book

17) petty cash book

18) equity

19) cash discount

20) trade discount

21) liquidity ratio

22) debt equity ratio

23) subsidiary records

24) endowment of fund

Distinguish between

1) single entry and double entry

2) fixed asset and current assets

3) trading a/c and profit & loss a/c

4) bad debts & doubtful debts

5) trade bill & accommodation bill

6) debit note & credit note

7) joint venture & partnership 

8) memorandum of association & article of association

9) receipt and payment a/c & income and expenditure a/c

10) sale and consignment

11) bill of exchange and promissory note and cheque

12 share and debenture

13) equity shares & preference share

14) capital expenditure & revenue expenditure

15) trial balance & balance sheet

16) journey and ledger

17) straight line & written down method

18) capital reserve & revenue reserve

19) interest and dividend

Topic to be cover 

1) trial balance :- definition, errors not disclosed by trail balance, errors disclosed by trial balance

2) depreciation :- definition, factors causing depreciation, type of depreciation

3) accounting conventions/ concept/principles

4) bank reconciliation statement:- definition, causes fir disagreement between cash book & pass book.

5) provision, types of provision.

6) reserve, types of reserve.

7) bill of exchange

8) promissory notes

9) negotiable instruments

10) trail balance

11) good will, valuation of good will, good will on dissolution

12) profitability ratios & it's types

13) shares ,types of shares

14) debenture, types of debentures.

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Book keeping paper - Important questions - Differences between

Important Differences between questions

in Advanced Book keeping paper of Appendix 3 Exam

Note:

A very commendable effort by Shri Satbir Singh , Bhopal in compiling the Distinguished questions in Advanced Book Keeping paper. 

4 times Asked

1.      Equity shares and preference shares-1989, 1994, 1995, 1996

2.      Provision and reserves -1984, 1987, 1988, 1995

3 times asked

1.      Bill of exchange and promissory note-1986, 1991, 1997

2.      Consignment and sale-1987, 1989, 1997

3.      Fixed assets and current assets-1994, 1996, 2004

4.      Shares and debentures-1997, 2000, 2006

2 times asked

1.      Amalgamation and absorption-1986, 1988

2.      Bad debts and doubtful debts-1983, 2004

3.      Capital and revenue expenditure-1991, 2000

4.      Debentures and preference shares-1983, 1987

5.      Joint venture and partnership-2001, 2004

6.      Fixed and floation assets-1991, 1997

7.      Memorandum of association and articles of association-2001, 2006

8.      Good will and royalty-1986, 1989

9.      Ledger and journal-1995,  2016

10.  Renewal of bill and retiring a bill-1996, 2001

11.  Straight line method and diminishing balance method of providing depreciation-2000, 2006

12.  Trade discount and cash discount-1988, 1997

13.  Wasting and fictitious assets-1987, 1989

1 time asked

1.      Accrual and cash basis of accounting-1988

2.      Bonus shares and right shares-1984

3.      Business entity concept and going concern concept-1996

4.      Capital expenditure and capitalized expenditure-1984

5.      Capital receipts and revenue receipts-1988

6.      Carriage inward and carriage outwards-2004

7.      Cash credit and over draft-1986

8.      Consignment account and joint venture accounts.-1983

9.      Consignment and joint venture-2000

10.  Convertible debentures and redeemable debentures-2001

11.  Current ratio and acid test ratio-2000

12.  Current ratio and quick ratio-1989

13.  Debit note and credit note-1980

14.  Dividend and interest-2006

15.  Errors of principle and compensatory errors-1997

16.  Fifo and lifo method of inventory valuation-1988

17.  Financial and cost accounting-1995

18.  Fixed capital and working capital-1994

19.  Hire purchase and installment system-2006

20.  Issue of debentures at prememium and issue of debentures at discount-1980

21.  Limited company and partnership-1980

22.  Nominal capital and paid-up capital-1980

23.  Partnership concern and joint stock company-1995

24.  Preference and deferred shares-1991

25.  Private limited and public limited company-2006

26.  Promissory note and bill of exchange-1994

27.  Receipt and payment account and income and expenditure account-2001

28.  Reserve fund and capital reserve-1994

29.  Reserve fund and dividend equalisation fund-1983

30.  Revenue expenditure and deferred revenue expenditure-1984

31.  Revenue fund and sinking fund-1991

32.  Sale and consignment-2001

33.  Single entry and double entry system-2004

34.  Trade bill and accommodation bill-1995

35.  Trade discount and quantity discount-1983

36.  Trade mark and patent rights-1989

37.  Trading account and p&l account-2004

38.  Trial balance and balance sheet-2000

for PDF version, click below

Book keeping - Important questions - Distinguish between

    

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