Railway Accounts Department Examinations

Sunday, July 18, 2021

Important Question for Appendix3 exam and LDCE of Accounts Dept

 

Important Questions

for Appendix3 exam and LDCE of Accounts Dept 

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Disclaimer:

·         My advice is to read and cover the entire syllabus irrespective of important or not so important.  

·         Subsequently give more preference to important ones because they are repeatedly asked in the previous examinations and for the importance they have in association with the working of Indian Railways as well  

·         This is a list of suggested / recommended questions. Questions from this may or may not appear in the exam. The responsibility of the author guaranteeing the appearance of the same questions in the exam is ruled out.

·         This is not an exhaustive one. Additions and Deletions is a continuous exercise.  

·         Please WhatsApp me (9492432160) for ARD – Additions, Revisions & Deletions to this List of Questions.

·          All the Best 

 

Nageswara Rao M, 9492432160

 

Books & Budget 

 

1.    AG Suspense

2.    Allocations / Classification of Expenditure & Earnings – Finance Code Vol. II

3.    Appropriation Accounts & Various Annexures

4.    Audit objections / communications

5.    Budget Preparation & Budget Reviews

6.    Cheques & Bills   

7.    Credits outside scope of Demands 

8.    DHR – Debt Head Report

9.    Distinguish between Budgetary and Extra Budgetary Sources 

10. Distinguish between Reserve Bank Suspense & Reserve Bank Deposit

11. Distinguish between Voted and Charged expenditure

12. Draft Para, Provisional Para & Audit Para

13.  DSB – Door Step Banking & Rail Shakti Account

14.  E Recon / Transfer Transactions

15.  Exchequer control and Net withdrawals

16.  Focal Point system

17. Govt Accounts maintained in 3 parts. A. Consolidated Fund B. Contingency Fund & C. Public Account

18.  Journey of traffic earnings from station to cash office and accounts at RBI/Nagpur

19.   Link Heads 

20. Mapping of Erstwhile Demands to Major / Sub Major Heads

21.  Merger of Budget – Pros & Cons

22. Operating Ratio, PEI and Distinguish between them

23.  PAO Suspense 

24. Parliamentary control over Railway finances incl: Committees  like PAC, Estimates Committee, RCC, Cut motions, NRUCC etc

25.  Plan Heads

26.   Proportionate Budget Allotment (or Budget proportions)

27. PSB Suspense

28. Reappropriation Rules  

29. RIB  

30.  Single Account Current

31. Single Demand

32.  Supplementary Grant & Excess Grant

33.  Suspense Balances – Half Yearly Review

34.  Theme Based Audit

35.  Transfer Railway Transactions  - Inter & Intra

36.  TWFA

37.  Vote on Account and Interim Budget 

 

 

 

Expenditure Accounts 

1.    Arbitration

2.    Asset Register and FAR

3.    Average Rate of Return  

4.    Canons of Financial Propriety

5.    COE

6.    Completion Reports ‘

7.    Contractor’s Measurement Book ‘

8.    D & G Charges 

9.    DCF Technique

10.  Departmental Charges & Deposit Works 

11. Differences between GCC for Works & Services

12. Differences between Internal Audit and Internal check

13. Direct Acceptance of Tenders

14. Distinguish between IRFA & IRCA Transactions

15. Distinguish between Lease and License

16. Distinguish between Variation & Vitiation 

17. Distinguish between Vetting & Concurrence

18. Distinguish between Write off and Write back

19. EBR (IF)

20. EMD

21. EPC – Engineering, Procurement & Construction Contracts

22. Estimates and checks on estimates

23. Financial Justification of various Projects

24.  GCC for Services – Salient features

25. GCC for Works -  Salient features

26. GFR – General Financial Rules

27. IREPS

28. IRR

29. IRWCMS

30.  Joint Ventures

31. LAW Book, Pink Book 

32. Letter of Credit

33. Liability Register

34. Line Capacity Works

35.  Line Capacity Works

36. LSWP – LumpSum Works Programme

37. MAS – Material At Site

38.  Material Modifications

39. Negotiation

40.  Order of Precedence of Documents as per GCC for Works

41. Outsourcing Contracts

42. Payback method

43. Performance Guarantee

44. PMC – Project Management Consultancy  

45. PPP

46. Price Variation Clause

47.  RRSK  

48.  Salient features and benefits of MSOP

49. SD

50. Shramik Kalyan

51. Social Costs / Social Service Obligations

52. Surveys

53. Two Packet system of Tendering

54. Umbrella Works

55. Unsanctioned expenditure  

56. USSOR

57. Various Funds such as DRF, DF, CF, SF, DSF, CRIF, NIF  

58. VGF  - Viability Gap Fund

59. Way Leave charges

60. Works Programme 

61. Works Registers, RAR    

Establishment

 

1.    Benchmarking in Manpower  

2.    BOS – Book of Sanctions

3.    Cadre check / Scale Check

4.    CEA – Children Education Allowance

5.    CGEGIS – Central Govt Employees Group Insurance Scheme

6.    Compulsory Retirement

7.    CTG – Composite Transfer Grant

8.    Distinguish between NPS and OPS

9.    DLI – Deposit Linked Insurance

10.  E Pass 

11.   FSC 

12. HOER

13. Honorarium

14. Joining Time

15. Leave Not Due  

16. Leaves – all types of

17. Lien

18. MACP

19. Major Penalties & Minor Penalties 

20. Medical Decategorisation 

21. Memorandum of Differences

22. NBR – Next Below Rule

23. NPS

24. Online PPO

25. Pass Rules 

26. Pay Fixation

27.  PF – Final and Temporary withdrawals

28.  PLB

29. Railway Service Conduct Rules

30. RELHS – Railway Employees Liberalized Health Scheme

31. Retirement Benefits

32. RTI 

33. SBF

34.  Selection & Non Selection Posts

35. Supernumerary Post 

36. TA Rules

37. UMID 

38. Vacancy Bank

39.  Work charged posts

 

Management Accounting (for LDCE only)

 

1.    BEP – Break Even  Point

2.    Cash Flow and Fund Flow  

3.    Differences between Financial Accounting and Management Accounting

4.    Different costs like Standard cost, marginal cost, average cost, joint cost, common cost, Fully distributed cost etc 

5.    Different Parameters 

6.    Functions of Management Accounting

7.    Make or Buy Decision

8.    Marginal costing principle

9.    PERT & CPM

10. PV Ratio

11. Ratio analysis  & Different Ratios

12. Responsibility Accounting

13. SPV

14. ZBB

 

 

 

Miscellaneous

 

1.    Accounting Reforms i.e., Accrual Accounting, Performance Costing & Outcome Budget

2.    AIMS

3.    CIPS

4.    Composition Scheme (in GST)

5.    Computerisation of Indian Railways  

6.    CONCOR

7.    CORE – Importance of Railway Electrification

8.    CRIS

9.    CSR – Corporate Social Responsibility 

10. DFC

11.  DSC – Digital Signing Certificate

12. E Office

13. GEM

14. Green Railways  

15. GST

16. HRMS  

17. HSR – High Speed Rail

18. IPAS

19. IRCON

20. IRCTC

21. IREPS

22. IRFC  

23. IROAF - Indian Railway Organization for Alternate Fuels

24. IRPSM

25. IRWCMS

26. ITC – Input Tax Credit

27. National Rail Plan, 2030

28.  NITI Aayog – Importance of its role in Indian Railways

29. Novation Agreement

30. Outsourcing policy

31.  Private Trains  

32. Privatisation

33. Railway Rates Tribunal

34. RCIL – Railtel Corporation of india Limited 

35. RITES

36. RLDA  

37. RVNL

38. Station Redevelopment & IRSDC 

39. Transformation Cell

40. ZBB – Zero Based Budget   

 

Stores Accounts  

 

1.    ABC analysis

2.    Clauses like Fall, PV, Book Examination, Option etc

3.    GEM

4.    iMMS

5.    Inventory Control 

6.    ISA Duties

7.    LC – Letter of Credit

8.    LD – Liquidated Damages

9.    Make in India policy

10.  Minima and maxima

11.  Narrative Reports

12.  PAC

13.  Price Ledger

14.  Purchase Policy

15.  Rate / running contract

16.  Receipt note

17.  Reserve Price 

18. Reverse Auction

19.  Risk Purchase

20.  Role of finance member in stores tender committee

21. Scrap Disposal – E Auction

22.  SMS – Stores Monthly Summaries

23.  Sources of supply

24. Stock Adjustment (SA) Account

25.  Stock Sheets

26. Stock Verification

27. Stores Budget

28.  Stores Suspense Heads

29.  Surplus stores/ dead surplus

30. TOR – Turn Over Ratio    

31.  Types of Stores Tenders

32. User Depot Module

 

Traffic Accounts 

 

1.    Accounts Office Balance Sheet

2.    Apportionment of Earnings

3.    Cash in transit

4.    Differential pricing

5.    Dynamic Pricing policy

6.    Earning Contracts

7.    Earnings Budget

8.    Earnings Vs Revenue

9.    Error Sheets

10.  Frauds

11.  Freight Business Development Portal

12.  Freight Forwarder Scheme

13.  Freight Management Module

14.  GTKM, NTKM

15.  JTBS – Jansadharan Ticket Booking Sevak

16. LHC – Line Haul Cost  

17.  LTTC - Long Term Tariff Contract

18. LWIS - Liberalized Wagon Investment Scheme

19. NINFRIS  - New Innovative Non Fare Revenue Ideas Scheme

20. Non fare Revenue  / Sundry Earnings

21.  Passenger classification

22. PFT - Private Freight Terminal

23. Role of TIA in preventing leakage of Revenue

24. SFC & SEC

25. SLR Leasing

26. Station Balance Sheet

27. Station Outstanding’s

28. STS - Station To Station Rates

29. TAMS  - Traffic Accounts Management System

30. Tatkal

31.  Traffic Accounts office objects

32. Traffic Book and its parts

33. Traffic costing system – It’s role, limitations and suggestions for improving it.  

34. Traffic Suspense

35. UTS - Unreserved Ticketing System 

36. Wagon Turn Round (WTR)

37.  Wharfage & Demurrage

38.  Withdrawal from station earnings

 

Workshop Accounts  

 

1.    Account Current in Workshop Accounts

2.    Differences between CLW Incentive Scheme and Group Incentive Scheme

3.    Group Incentive Scheme

4.    Importance of WMS.  Reasons for increasing the balances in WMS

5.    Linking of WMS to Stores and Revenue Demands

6.    M & P Programme

7.    On cost charges  & its Budget

8.    Outturn Statements

9.    RSP – Rolling Stock Programme

10. WAMS – Workshop Accounting Management System

11. WGR

12. WMS Budget  

 

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