Railway Accounts Department Examinations

Thursday, September 13, 2018

ARPAN - Pension


ARPAN


Note: Since the ARPAN in Indian Railways is in progressive stage, candidates may usually ask the short notes question (5 marks)on it.


·        Full form is “Advanced Railway Pension Access Network”

·        In devanagari language, Arpan means “offering”

·        Online virtual platform exclusively for Railway Pensioners.

·        Website is www.arpan.railnet.gov.in . Developed by CMC ltd and nodal agency is FA&CAO/Western Railway.

·        Won the second place in the e-governance award by Computer Society of India in the year 2015.

·        The website is having access of information on pensioners account, DA rates, Codes, manuals, rules and regulations in connection with Pension.

·        Each pensioner is given login id facility along with self-created password.

·        Ultimately, this website is designed as ONE STOP SOLUTION for all the complaints/grievances for Railway Pensioners (approximately 15 lakh pensioners )

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How to crack the Examination

Note:

1.   Lot of prospecting candidates who are ready to appear the next Appendix III (IREM) examination are requested me to tell the tips to crack the examination. These tips are just illustrative and general in nature, not exhaustive.

2.                       I advise the candidates to design their own plan, depend on their knowledge, skills, comfortability etc. Because every human being is unique.   


How to Crack the Examination


Ø Make familiar with the syllabus and keep the same on study table.
Ø  Collect the hard copy of Study material. Take print of all soft copies. It’s one time investment.
Ø  Don’t depend on soft copy of the material in the computers.  It remains there. Not move into your brain.
Ø  Practice, practice and practice is what you need. There are no shortcuts to success.
Ø  Group Study is the best idea , if like-minded friends are writing the same examination.
Ø Preparing Notes is wonderful strategy. I assure you 100 %, that this single tip will sit you in the list of successful candidates.
Ø Turn off your gadgets i.e., Mobile, TV, Computer etc as far as possible.
Ø Stay away from Social networking like Whatsapp, Facebook etc as much as possibl.e. ( I agree, it’s not possible.  At least distance from them during study time)
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Railway Budget

PSB Suspense



PSB SUSPENSE (Public Sector Bank Suspense)


v  It is a new sub head under Major Head 8658 - Suspense Accounts introduced w.e.f October, 1993.

v  Object: to watch the adjustments of Railway transactions in the Banks (both Debit and Credit) - except Pension payments.

v  It is operated for clearance of Cheques & Bills suspense head and RIB-Remittance Into Bank suspense head.

 Cheques & Bills  and PSB Suspense

v  When Individual cheques are encashed: Public Sector Bank branches forward (through their Focal Point branch) daily main scrolls accounting for individual cheques encashed.  After verification of the statement received from focal point branch, the DMS-Date wise Monthly Statement, the amount there of will be adjusted in the accounts as under:

Date
Particulars
Debit (Rs)
Credit(Rs)

Cheques & Bills A/c

(-) 100

PSB Suspense A/c

     100

v  When the PSBs adjust the amount of payment of encashed cheques against with RBI:

Date
Particulars
Debit (Rs)
Credit(Rs)

PSB Suspense A/c

(-) 100

Deposits with RBI A/c

     100

v  Thus the PSB Suspense head in respect of cheques encashed will be cleared thus.

v  Similar way, the operation of PSB Suspense head is operated in respect of clearance of RIB-Remittance Into Bank.  This is shown as below.

RIB-Remittance Into Bank and PSB Suspense

v  When accounted receipts through TR-Treasury Remittance notes:  Public Sector Bank branches forward (through their Focal Point branch) daily main scrolls accounting for receipt of TR Notes.  After verification of the statement received from focal point branch, the DMS-Date wise Monthly Statement, the amount there of will be adjusted in the accounts as under:

Date
Particulars
Debit (Rs)
Credit(Rs)

Remittance Into Bank (RIB) A/c
(-) 100


PSB Suspense A/c
     100


v  When the PSBs adjust the amount of receipts against TR-Treasury Remittance notes with RBI:

Date
Particulars
Debit (Rs)
Credit(Rs)

PSB Suspense A/c
(-) 100


Deposits with RBI A/c
     100


v  Thus the PSB Suspense head in respect of T.R.Notes will be cleared thus.


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TENDER DOCUMENTS/CONTRACT DOCUMENTS

TENDER DOCUMENTS/CONTRACT DOCUMENTS



1.  Tender Notice
2.  Tender Schedule
3.  G.C.C – General Conditions of Contract
      ( 65 clauses)
4.  Specifications/Drawings/Samples
5.  Special conditions
6.  Schedule of Rates
7.  LOA – Letter of Acceptance
8.  Agreement
9.   Subsidiary Agreement, if any.
10.                   Termination notice, if any.