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   Stores - MCQ 
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S.N. 
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Multiple Choice Questions  
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ANSWER 
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1 
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Th Under Book
  Examination clause, Supplier or its agency is bound to allow examination
  of its books within a period of ______ from the date the notice is
  received by the Supplier or its agencies. 
A 
(A) 120  days 
  (B) 60 days  (C) 30 days  (D) 45 days  
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2 
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EMD rounded off to nearest
  higher _______ in Stores Contracts 
(A) Rs.10   (B) Re 1 
  (C) Rs.100   (D) Rs.5 
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3 
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EMD is Nil up to the
  _______Value of Stores Tender 
 (A) 
  Rs.10 Lakhs  (B) Rs. 1 Lakh  (C) Rs. 20 Lakhs   (D) Rs.5 Lakhs 
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4 
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EMD is exempted in Stores
  Tenders at Hqrs level with prior approval of Authority competent to
  accept  the Tender, but not level below
  of _________ 
(A) PCMM   (B) CMM   (C) GM  
  (D) Dy.CMM 
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5 
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Supplier has to deposit SD
  within __________ of issue of LOA – Letter of Acceptance. 
 (A) 30 days    (B) 10 days  (C) 14 days   (D) 5 days 
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6 
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SD in Stores contracts is
  exempted up to the value of Contract ______ 
(A)  Rs 25 Lakh 
  (B) Rs. 5 Lakh   (C) Rs. 10
  Lakhs  (D) None of the above 
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7 
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EMD is exempted in Stores
  Tenders at Field unit (Divisions, Depots) level with prior approval of
  Authority competent to accept  the
  Tender, but not level below of ________ 
(A) HAG officer   (B) JA Grade Officer  (C) SAG Officer  (D) None of the above 
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8 
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Under the Option clause, purchaser
  (i.e., Railways) reserves the right to increase and/ or decrease the
  order quantity by a quantity not exceeding ________ of the ordered
  quantity.    
(A)   20 %  (B) 10 % 
  (C) 30 %   (D) 5 % 
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9 
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Letter of Credit (LC) apply
  for Stores tenders having an estimated value of ____or above  
(A)Rs. 50 Lakhs  (B) Rs. 20 Lakhs  (C) Rs.15 Lakhs   (D) Rs. 10 Lakhs 
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10 
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 _______  to assess the value and terms &
  conditions of LC. 
 (A)  Any
  Scheduled Bank  (B) State Bank of India  (C)  Andhra
  Bank (D) SBI & any scheduled Bank 
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11 
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   The
  incidental costs i.e., _____ of Contract value towards issue and operation of
  LC shall be borne by the supplier /contractor.  
(A)   0.15 % (B) 1 %  (C) 0.5%  
  (D) 0.05% 
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12 
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Part ___  of Model SOP is dealt with delegation of
  Stores powers. 
 (A)  A  (B) B 
  (C) C  (D)  D 
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13 
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Head of Stores Dept at
  Railway Board is _________ 
(A)  Member /Traction & Rolling Stock  (B) Member/Engineering  (C)  DG(RS)-
  Director General of Railway Stores  (D) None of these 
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14 
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Track fittings are purchased
  by ______ Dept. 
(A)  Stores 
  (B) Traffic  (C) Engineering  (D) Mechanical 
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15 
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Dead Surplus Stores comprise
  items of stores which have not been issued for 24 months and which, it is
  considered, are not likely to be utilised on any railway within next _______ 
  (A)  One year 
  (B) Two years (C) Three years  
  (D) Five years 
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16 
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Vetting of Safety/Passenger necessity items is required for value of
  ________ and above.  
(A)   Rs. 2.5 Lakhs (B) Rs.10
  Lakhs   (C) Rs.20 Lakhs  (D) Rs. 1 Lakh 
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17 
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Vetting of other than Safety/Passenger necessity items is required
  for value of ________ and above.  
(A)   Rs. 2.5 Lakhs (B) Rs.20
  Lakhs   (C) Rs.10 Lakhs  (D) Rs. 1 Lakh 
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18 
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Two Member Tender committee (Sr.scale officer of Stores Dept as
  Convener & Sr.Scale officer of Accounts Dept) for Tenders valued
  ____________________ 
(A) Rs.25 Lakhs to Rs.50 Lakhs  
  (B)  Rs.10 Lakhs to Rs.50 Lakhs  
(C) Rs.50 Lakhs to Rs. 1 Crore 
  (D)  Rs.25 Lakhs to Rs. 1 Crore 
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19 
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Three Member Tender committee (Dy.CMM/Sr.DMM of Stores Dept as
  Convener & JAG/SG officer of Indenting Dept  and JAG/SG officer of Accounts Dept) for
  Tenders (other than Track items) valued ____________________ 
(A) Rs. 1 Crore to Rs.10 Crore  
  (B) Rs.5 Crores to Rs.10 Crore  
(C) Rs. 1 Crore to Rs. 5 Crore 
  (D)  Rs. 5 Crore to Rs. 20 Crore 
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Note: If it is Track item, Dy.CE is Convenor and Dy.CMM as third
  Member.  All other rules are same.  
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20 
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GM can accept the Tenders valued _____________ 
(A)  Up to Rs.500 Crores  (B) Full powers (No limit)  
(C) Up to Rs. 200 Crores (D) Up to Rs. 250 Crores 
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Stores - MCQ - Answers 
 | 
  
   | 
 
| 
   
S.N. 
 | 
  
   
Multiple Choice Questions  
 | 
  
   
ANSWER 
 | 
 
| 
   
1 
 | 
  
   
Th Under Book
  Examination clause, Supplier or its agency is bound to allow examination
  of its books within a period of ______ from the date the notice is
  received by the Supplier or its agencies. 
A 
(A) 120  days 
  (B) 60 days  (C) 30 days 
  (D) 45 days  
 | 
  
   
(B) 
 | 
 
| 
   
2 
 | 
  
   
EMD rounded off to nearest
  higher _______ in Stores Contracts 
(A) Rs.10  
  (B) Re 1  (C) Rs.100   (D) Rs.5 
 | 
  
   
(A) 
 | 
 
| 
   
3 
 | 
  
   
EMD is Nil up to the
  _______Value of Stores Tender 
 (A) 
  Rs.10 Lakhs  (B) Rs. 1 Lakh  (C) Rs. 20 Lakhs   (D) Rs.5 Lakhs 
 | 
  
   
(D) 
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| 
   
4 
 | 
  
   
EMD is exempted in Stores
  Tenders at Hqrs level with prior approval of Authority competent to
  accept  the Tender, but not level below
  of _________ 
(A) PCMM  
  (B) CMM   (C) GM   (D) Dy.CMM 
 | 
  
   
(A) 
 | 
 
| 
   
5 
 | 
  
   
Supplier has to deposit SD
  within __________ of issue of LOA – Letter of Acceptance. 
 (A) 30 days    (B) 10 days  (C) 14 days   (D) 5 days 
 | 
  
   
(C) 
 | 
 
| 
   
6 
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SD in Stores contracts is
  exempted up to the value of Contract ______ 
(A)  Rs 25 Lakh  (B) Rs. 5 Lakh   (C) Rs. 10 Lakhs  (D) None of the above 
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(A) 
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| 
   
7 
 | 
  
   
EMD is exempted in Stores
  Tenders at Field unit (Divisions, Depots) level with prior approval of
  Authority competent to accept  the
  Tender, but not level below of ________ 
(A) HAG officer   (B) JA Grade Officer  (C) SAG Officer  (D) None of the above 
 | 
  
   
(C) 
 | 
 
| 
   
8 
 | 
  
   
Under the Option clause, purchaser
  (i.e., Railways) reserves the right to increase and/ or decrease the
  order quantity by a quantity not exceeding ________ of the ordered
  quantity.    
(A)   20 % 
  (B) 10 %  (C) 30 %   (D)
  5 % 
 | 
  
   
(C) 
 | 
 
| 
   
9 
 | 
  
   
Letter of Credit (LC) apply
  for Stores tenders having an estimated value of ____or above  
(A)Rs. 50 Lakhs  (B) Rs. 20 Lakhs  (C) Rs.15 Lakhs   (D) Rs. 10 Lakhs 
 | 
  
   
(D) 
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| 
   
10 
 | 
  
   
 _______  to assess the value and terms &
  conditions of LC. 
 (A) 
  Any Scheduled Bank  (B) State Bank of India  (C) 
  Andhra Bank (D) SBI & any scheduled Bank 
 | 
  
   
(B) 
 | 
 
| 
   
11 
 | 
  
   
   The
  incidental costs i.e., _____ of Contract value towards issue and operation of
  LC shall be borne by the supplier /contractor.  
(A)   0.15 % (B) 1 %  (C) 0.5%   (D) 0.05% 
 | 
  
   
(A) 
 | 
 
| 
   
12 
 | 
  
   
Part ___  of Model SOP is dealt with delegation of
  Stores powers. 
 (A) 
  A  (B) B  (C) C 
  (D)  D 
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(D) 
 | 
 
| 
   
13 
 | 
  
   
Head of Stores Dept at
  Railway Board is _________ 
(A)  Member /Traction & Rolling Stock  (B) Member/Engineering  (C) 
  DG(RS)- Director General of Railway Stores  (D) None of these 
 | 
  
   
(A) 
 | 
 
| 
   
14 
 | 
  
   
Track fittings are purchased
  by ______ Dept. 
(A)  Stores 
  (B) Traffic  (C) Engineering 
  (D) Mechanical 
 | 
  
   
(A) 
 | 
 
| 
   
15 
 | 
  
   
Dead Surplus Stores comprise
  items of stores which have not been issued for 24 months and which, it is
  considered, are not likely to be utilised on any railway within next _______ 
  (A)  One year 
  (B) Two years (C) Three years   (D) Five years 
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(B) 
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16 
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Vetting of Safety/Passenger necessity items is required for value of
  ________ and above.  
(A)   Rs. 2.5 Lakhs (B) Rs.10 Lakhs  
  (C) Rs.20 Lakhs  (D) Rs. 1 Lakh 
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(B) 
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17 
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Vetting of other than Safety/Passenger necessity items is required
  for value of ________ and above.  
(A)  
  Rs. 2.5 Lakhs (B) Rs.20 Lakhs  
  (C) Rs.10 Lakhs  (D) Rs. 1 Lakh 
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(A) 
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18 
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Two Member Tender committee (Sr.scale officer of Stores Dept as
  Convener & Sr.Scale officer of Accounts Dept) for Tenders valued
  ____________________ 
(A) Rs.25 Lakhs to Rs.50 Lakhs  
  (B)  Rs.10 Lakhs to Rs.50 Lakhs  
(C) Rs.50 Lakhs to Rs. 1 Crore  (D) 
  Rs.25 Lakhs to Rs. 1 Crore 
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(C) 
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19 
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Three Member Tender committee (Dy.CMM/Sr.DMM of Stores Dept as
  Convener & JAG/SG officer of Indenting Dept  and JAG/SG officer of Accounts Dept) for
  Tenders (other than Track items) valued ____________________ 
(A) Rs. 1 Crore to Rs.10 Crore   (B) Rs.5 Crores to Rs.10 Crore  
(C) Rs. 1 Crore to Rs. 5 Crore 
  (D)  Rs. 5 Crore to Rs. 20 Crore 
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(A) 
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   | 
  
   
Note: If it is Track item, Dy.CE is Convenor and Dy.CMM as third
  Member.  All other rules are same.  
 | 
  
   | 
 
| 
   
20 
 | 
  
   
GM can accept the Tenders valued _____________ 
(A)  Up to Rs.500 Crores  (B) Full powers (No
  limit)  
(C) Up to Rs. 200 Crores (D) Up to Rs. 250 Crores 
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(B) 
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