Nageswara Rao www.appendix3.com is inviting you to a scheduled Zoom meeting.
Topic: Appropriation Accounts in Indian Railways
Time: Jan 17, 2021 (Sunday) 18:00 hrs
Join Zoom Meeting
Meeting ID: 891 6914 1052
Passcode: 457230
Sunday, January 17, 2021
Friday, January 15, 2021
Freight Business Development Portal
Freight
Business Development portal
https://indianrailways.gov.in/#
Or
https://www.fois.indianrail.gov.in/RailSAHAY
●
Launched on 5th January, 2021
● “One stop - Single Window” Solution for
all the freight customers.
●
Game changer
Salient features:
1.
Dedicated Freight portal
2.
Online tracking
facility for suppliers
3.
Ensure all operations
stay customer centric
4.
Simplify the process
of Goods transportation
5.
Embraced a “Freight on
Priority”
6.
Attracting new customers with the help of BDUs
– Business Development Units ( established at Zonal and Division level)
****
Thursday, January 14, 2021
Festival greetings
Greetings from the Blogger
www.mcqrailways.com
www.appendix3exam.com
Whatsapp/SMS -93-4644-0669
Thursday, January 7, 2021
Classification of Expenditure - Recent changes - PPT prepared on 07.01.2021
PPT on Classification of Expenditure - Recent Changes
Wednesday, January 6, 2021
Fourth Zoom Meeting
www.appendix3.com is inviting you to a scheduled Zoom meeting.
Topic: McQ on Parliamentary control over Railway finances
Time: Jan 10, 2021 18:00 India
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Meeting ID: 870 7776 5818
Passcode: 566736
Sunday, January 3, 2021
Third Zoom Meeting on McQ - Multiple Choice Questions
Nageswara Rao www.appendix3.com is inviting you to a Zoom meeting.
Topic: MCQ - Multiple Choice Questions on Auditing in Indian Railways
Time: 03rd January, 2021 18:00 hrs
Click the below link between 17.45 hrs to 18 hrs on 03.01.2021
Meeting ID: 822 1601 4958 Passcode: 998285
Friday, January 1, 2021
Happy New Year 2021
Launching Mobile App / Desktop App on McQ - Multiple Choice Questions in January First week
Monday, December 28, 2020
McQ on Budget
MCQ on Budget (During Zoom presentation on 27.12.2020)
1. Total number of erstwhile Demands in OWE - Ordinary Working Expenses of Zonal Railways ?
Answer 1: 13
Answer 2: 11
Answer 3: 15
Answer 4: 16
2. Total number of erstwhile Demands in Indian Railways (prior to merger - including both Revenue and Capital)
Answer 1: 16
Answer 2: 15
Answer 3: 13
Answer 4: 1
3. Which fund is described as "Reservoir of Government Money" ?
Answer 1: Public Account of India
Answer 2: Deposit with RBI
Answer 3: Consolidated Fund of India
Answer 4: Central Government Treasury
4. Recovery of Provident Fund is accounted in ?
Answer 1: Contingency Fund of India
Answer 2: Consolidated Fund of India
Answer 3: Public Account of India
Answer 4: Staff Benefit Fund
5. Commercial Accounts of Indian Railways are known as Capital & Revenue Accounts. Answer True or False
Answer 1: True
Answer 2: False
6. Government Accounts of Indian Railways are known as Capital & Revenue Accounts. Answer True or False
Answer 1: True
Answer 2: False
7. One of the options is not example of Charged expenditure
Answer 1: Salary of Cabinet Secretary
Answer 2: Judgement/award of Court
Answer 3: Pay & allowance of C&AG
Answer 4: Pay & allowance of Chief Election Commissioner
8. Pick out the odd man out
Answer 1: Staff Benefit Fund
Answer 2: Contingency Fund of India
Answer 3: Public Account of India
Answer 4: Consolidated Fund of India
9. Budget is a ________________ and _______________ document as per Indian Railway Finance Code Volume One (Chapter 3)
Answer 1: Constitutional , Management
Answer 2: Financial, Audit
Answer 3: Financial, Constitutional
Answer 4: Financial, Audit
10. As per Article 112(1) of Constitution of India, A statement of the estimated receipts and expenditure of the Government of India for that year’ referred to as the "__________________________" and popularly called the "__________________".
Answer 1: annual financial statement, Annual Budget
Answer 2: Annual Budget, Annual Financial Statement
Answer 3: Annual Fiscal document, Management document
Answer 4: None of these
11. Which one is not example of Charged Expenditure in case of Indian Railways
Answer 1: Salary and allowances of Chairman, RRB - Railway Recruitment Board
Answer 2: The salary, allowances and pension payable to or in respect of the CAG -Comptroller and Auditor General of India;
Answer 3: Any sums required to satisfy any judgement, decree or award of any Court or awards by Arbitrators where made into rule of court
Answer 4: Any other expenditure declared by the Constitution or by Parliament by law to be so charged
12. The Demands shall be for _____expenditure ; the credits or recoveries being shown in the form of _________ Demands.
Answer 1: Net, footnotes to
Answer 2: Gross, deducted from
Answer 3: Gross, footnotes to
Answer 4: Net, deducted from
13. The erstwhile Demands No. 1, 2 & 3 are in the nature of _______________
Answer 1: covering all Zonal Railways
Answer 2: Covering Railway Board only
Answer 3: Ordinary Working Expenses
Answer 4: General on cost
14. There is a single works erstwhile Demand No. 16 for all works Expenditure irrespective of source of financing. Say True or False
Answer 1: True
Answer 2: False
15. First two digits in classification/allocation of erstwhile Demand No. 16 is ____________
Answer 1: Demand Number
Answer 2: Source of Finance
Answer 3: Plan Head
Answer 4: Activity
16. First two digits in Revenue classification shows ______
Answer 1: Source of Finance
Answer 2: Erstwhile Demand Number
Answer 3: Single Demand Number 83 (for 2020-21 FY)
Answer 4: Activity
17. Last two digits in Revenue/Capital classification shows_______
Answer 1: Main activity
Answer 2: erstwhile Demand Number
Answer 3: Sub activity
Answer 4: None of these
18. Total digits in Revenue classification/allocation are ____
Answer 1: 8
Answer 2: 7
Answer 3: 6
Answer 4: 9
19. Total digits in Capital classification/allocation are ____
Answer 1: 6
Answer 2: 7
Answer 3: 8
Answer 4: 9
20. Each erstwhile Demand has two-way classification by activity and by Primary units of expenditure. The activity classification identifies _______an expense item is incurred and Primary unit identifies ______ the expense item denotes
Answer 1: Why, What
Answer 2: What, Why
Answer 3: Object, Why
Answer 4: What, Object
21. Ordinary Working Expenses (OWE) consists of ________
Answer 1: Erstwhile Demands 1 to 16
Answer 2: Erstwhile Demands 1 to 15
Answer 3: Erstwhile Demands 3 to 13
Answer 4: Erstwhile Demands 1 & 2
22. GWE - Gross Working Expenses consists of _______
Answer 1: Erstwhile Demands 1 to 15
Answer 2: Erstwhile Demands 1 to 16
Answer 3: Erstwhile Demands 3 to 13
Answer 4: Erstwhile Demands 1 to 14
23. Preparation of the Revised and Budget Estimates should commence at the '__________ level ’
Answer 1: Railway Board
Answer 2: Zonal Railway Headquarters
Answer 3: Grass Root, i.e., Division, Stores Depot, Workshop etc
Answer 4: Divisional Railway Headquarters
24. Accounts Dept (PFA) responsibility towards Budget is _______
Answer 1: Preparation
Answer 2: Compilation and scrutiny
Answer 3: Guidance to Executives
Answer 4: Approving
25. Credits or recoveries shall be __________from the scope of the demands presented for vote of Parliament :-
Answer 1: Excluded
Answer 2: Included
26. The Grants are distributed by the Railway Board among the railway administrations are called as ______________and the orders by means of which the allotments are made are called as ______________
Answer 1: Allotments, Budget Orders
Answer 2: Budget Orders, Allotments
Answer 3: Spending Limit, Allotments
Answer 4: Allotments, Spending Limit
Answers:
2
1
3
3
True
False
1
1
1
1
1
3
4
True
2
2
4 (Primary Unit - Object of expenditure)
1
3
1
3
1
3
2
1
1
*****
Wednesday, December 23, 2020
Second Zoom meeting on MCQ (Budgeting in Indian Railways)
Nageswara Rao www.appendix3.com is inviting you to a Zoom meeting.
Topic: MCQ - Multiple Choice Questions on Budgeting in Indian Railways
Time: 27th December, 2020 18:00 hrs
Tuesday, December 22, 2020
National Rail Plan (Draft) - Announced in December, 2020
Partners in preparing the NRP Draft Report are RITES and AECOM
AECOM is the world's premier infrastructure firm, partnering with clients to solve the world's most complex challenges and build legacies for generations to come.
AECOM is an American multinational engineering firm has approx 87000 employees. Ranked 157 on the Fortune 500 List.
- One discrepancy in the Report is, Konkan Railway is shown as 17th Zonal Railway instead of Kolkata Metro.
- One discrepancy in the Report is, Konkan Railway is shown as 17th Zonal Railway instead of Kolkata Metro.
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