Railway Accounts Department Examinations

Showing posts sorted by relevance for query umbrella work. Sort by date Show all posts
Showing posts sorted by relevance for query umbrella work. Sort by date Show all posts

Thursday, December 20, 2018

Important questions - General Expenditure



General expenditure - Most Important Short notes (5 marks) in  Appendix 3A Exam.


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. Two packet system of Tendering  Click here

  1. Asset Register - 2006 (WO)   Click here 
      3. Measurement Book 

  1. Contractor's Measurement Book Click here

  1. Cost over runs & Time over runs 

  1. Development Fund 

  1. Development Reserve Fund 

  1. Capital Fund 

  1. Railway Liability Reserve Fund /  Debt Service Fund Click here

  1. RRSK  Click here

  1. Public Private Partnership - PPP 

  1. Differences between Demands Recoverable & Bills Recoverable  Click here

  1. Differences between Lease and License Click here

  1. Differences between Concurrence and Vetting Click here

  1. EBR -Extra Budgetary Resources  

  1. EBR(IF)  Click here

  1. EBR(IRFC) Click here

  1. EBR(PPP)

  1. FDI - Foreign Direct Investments  

  1. Development Order Click here

  1. Unremunerative / Uneconomic Branch Lines Click here

  1. Standards of Financial Propriety   Click here

  1. Sources of Finance - Capital, Capital Fund, DRF, DF, RSF, EBR like IRFC, PPP, FDI etc,Click here

  1. Seigniorage Charges Click here

  1. RLDA - Rail Land Development Authority Click here

  1. Model SOP Click here

  1. Umbrella Works

  1. GeM

  1. New GCC for Works - Nov, 2018

  1. GCC for Services

  1. IRPSM - Indian Railways Projects Sanctions & Management Click here

  1. Transformation cell Click here

  1. Joint Ventures

  1. COE - Control Over Expenditure

  1. Tender/Contract documents Click here

  1. IRSDC  Click here 
  2. GFR - General Financial Rules Click here
  3. GST - Goods & Service Tax Click here
  4. OOT - Out Of Turn Works Click here
  5. RSF - Railway Safety Fund Click here
  6. Advances to Contractors  Click here
  7. Tender Notice  Click here
  8. Responsibility Accounting Click here
  9. LHC - Line Haul Cost Click here
  10. Cost Plus Tender / Cost Plus Contract Click here
  11. Differences between IRCA and IRFA transactions Click here
  12. Performance Guarantee Click here
  13. Differences between SD and PG Click here
  14. Price Variation Clause - PV clause Click here
  15. Negotiation  Click here
  16. Differences between Variation and Vitiation Click here
  17. Counter Offer  Click here
  18. Way Leave charges Click here
  19. Line Capacity Works Click here








General expenditure - Important Essay questions(20 marks) in  Appendix 3A Exam.

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.     What are the Measurement Books ? How are these maintained and what is their utility ? 1988 (WO)

2.     Under what circumstances can works be started before preparation of detailed estimates ? How are these regularised ?  1988 (WO)    

3.     What are the various types of tenders for contracts of civil engineering dept ? Give critical comments on each of these and mention the checks exercised in the Accounts Office while letting out such contracts.   1988 (WO)

4.     What are the Works Registers and what purpose do they serve ?  Bring out the pros and cons of single set and double set of Works Registers.  1988 (WO)

5.     Explain the term " Unsanctioned expenditure" with suitable examples.  What is the machinery for watching such expenditure and how is it ultimately regularised ? 1988 (WO)

6.     What are the Completion Reports (CRs) for works drawn up ?  What are the points that are looked into while certifying CRs ?  What are the implications of non-drawal of CRs expeditiously after the completion of works ?  1988 (WO)

7.     What is a Material -at-Site account (MAS) and what purpose does it serve ?  Explain briefly how it is maintained and reviewed .   1988 (WO)

8.      What is Railway Safety Fund (RSF) ?  For what types of work is it used ? How does RSF get credit for the use of Railway projects? - 2012 (W)

9.     What are the items to be verified while vetting a Revised Estimate ? - 2012 (W)

10.   What is meant by earnest money, security deposit and Performance Guarantee ? What are these important for ? - 2012 (W)

11.   What is a special limited tender ? How is it processed ? Explain in detail. - 2012 (W)

12.   What is the difference between RECT and PECT surveys ? How are these conducted?  What is the importance of survey in the sanction of a project?  - 2012 (W)

13.   What are the canons of financial propriety ? In this regard, how is irregular expenditure regularized ?  - 2012 (WO)

14.   What are the checks exercised by Accounts Office on: i) On account bills ii) Final Bills - 2012 (WO)

15.     What are the various records checked during the inspection of a PWI's Office ?  In case any irregularity is detected, what action is to be taken. - 2012 (WO), 1999 (WO)

16.  What do you understand by a Zonal contract ? How is it different from other works contracts ? - 2012 (WO)

17.  What is two packet system of tendering  ?  Discuss the advantages and disadvantages of this system ? - 2012 (WO)

18.   What role does the accounts department play with regard to control over revenue
     expenditure ? - 2012 (WO)



Sunday, July 18, 2021

Important Question for Appendix3 exam and LDCE of Accounts Dept

 

Important Questions

for Appendix3 exam and LDCE of Accounts Dept 

Download PDF copy

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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