Railway Accounts Department Examinations

Monday, October 19, 2020

Selections 70% and LDCE 30 % exam reforms in Indian Railways (except Accounts & RPF)

 

Selections 70% and LDCE 30 % exam reforms in Indian Railways (except Accounts & RPF)

 

Link for Railway Board LetterNo.E(GP)2018/2/31 dated 16.10.2020

 

 

Salient Features of the New Examination Pattern

 

 

 

 

Applicable for

 

 

 

 

 

 

 

 

 

 

Personnel

Stores

Engineering

Mechanical

Electrical

S&T

Traffic

 

 

Not Applicable for

 

 

 

 

Accounts

 

RPF

 

Centralised Exam

 

Computer based

 

Objective type Exam

 

 

 

 

 

Qualifying Marks

 

Marks for every Correct Answer

 

Marks deducted for every Wrong Answer

60%

 

1

 

1/3

 

 

 

 

 

Duration of Exam

 

Question paper consists of

 

Question paper – Attempt only

2 Hours

 

125 Questions

 

100 Questions

 

 

 

 

 

Commencing from

 

Exam Centres

 

Medical Examination & Viva voce

01.01.2021

 

Zonal Hqrs and Divisional Hqrs

 

At Zonal level

 

 

 

 

 

Only one Paper carrying 100 Marks for both 70% and 30% exams

(Previously LDCE is having Two Papers each 150 Marks)

 

Model Question papers of 100 questions each Dept will be circulated to the Candidates.  It means Question Bank will not be distributed to the Candidates.

 

 

 

 

 

 

 

 

 

Selections 70% Examination Total 100 Marks

 

 

 

 

 

 

 

Professional Subject

 

Financial Rules & Establishment Rules

 

Official Language (Optional)

70 Marks

 

20 Marks

 

10 Marks

 

 

 

 

 

 

 

 

 

 

 

 

LDCE 30% Examination Total 100 Marks

 

 

 

 

 

 

 

Professional Subject

 

Financial , Establishment Rules & Official Language (Optional)

 

GK (Excl: Current Affairs)

70 Marks

 

20 Marks

 

10 Marks

 

 

 

 

 

 

 

 

 

 

 

 

Question Bank with Key – No of Questions

 

 

 

 

 

 

 

Professional Subject

 

Financial Rules

 

Establishment Rules

5000 Questions

 

500 Questions

 

500 Questions

 

 

 

 

 

Official Language

 

 

 

GK (Excl: Current Affairs)

500 Questions

 

 

 

1000 Questions

 

 

 

 

 

 

 

 

 

 

 

 

Question Bank with Key  Preparation

 

 

 

 

 

 

 

Through CTIs

 

By Retd PHODs/HODs/Professors of Universities on Honorarium basis

 

Syllabus will be distributed chapter wise to Zonal Railways. Contribute at least 200  Questions each for 70% and30%

 

Mobile App - Study material on Railway Dept examinations

 I invite to you to download my mobile app-  Appendix3exam -for study material on Railway Departmental examinations


Mobile App Link









  • The App is designed to assist aspirants of the Accounts and Finance Department, Indian Railways in clearing Appendix 2A, 3A, LDCE, 70% exams, etc.

  • It provides write-ups on various subjects like Traffic, Expenditure, Books & Budget, Stores, Establishment, Workshop Accounts., etc, in a systematic, concise and simple English that helps even a candidate of average knowledge of the subject matter and that of the English language can understand easily.

  • Special features are App 2A, App3A question bank is provided and sharing the current question papers instantaneously.

  • LDCE 70% question papers pertaining to the various zones of The Indian Railways is furnished ,answers solved with special concentration on Management Accountancy and Official language policy.

  • Providing short notes, elaborate answers, solving problems, teaching and clarifying doubts through Zoom Sessions, and also one to one through online and PPT, conducting model tests especially MCQs and providing results instantaneously, furnishing important and latest circulars,Office Orders, Memorandums, and highlighting matters related to the latest reforms in Indian Railways.

  • Has helped many aspirants clear the departmental exams across all zones and even other departments of Indian Railways.






Saturday, October 10, 2020

Differences between Voted expenditure & Charged expenditure



Differences between Voted expenditure & Charged expenditure


Ø Para 302 of Finance Code -   Article 112 (2) of Constitution of India  prescribes estimates of expenditure embodied in the Annual financial statement i.e., Annual Budget shall show separately i.e.,      1. Charged expenditure - the amounts required to meet expenditure charged upon the Consolidated Fund of India 2. Voted expenditure - the amounts required to meet other expenditure proposed to be made from the Consolidated Fund of India.

Ø Charged Expenditure : Article 113 (1) of Constitution of India specify "the estimates of expenditure CHARGED upon the Consolidated Fund of India shall not be submitted to the Vote of Parliament".  That means charged expenditure doesn't require the approval of Parliament.  However there is no restriction on either House of Parliament discussing any of these estimates (charged), where after funds are sanctioned by the President.

Ø The meaning of "Charge" (adjective) is "to impose on".  In reality too, Charged expenditure is imposed on Consolidated fund instead of obtaining the approval of Parliament, because of the requirement of safeguarding the interest of constitutional bodies.

Ø The concept of Charged expenditure and its specific privilege is in operational in European countries too.

Examples of Charged expenditure in respect of Indian Railways:

a)   The salary, allowances and pension payable to or in respect of CAG of India.
b)   Any amounts required to satisfy any judgment, decree or award of any Courts or awards of Arbitrators where made into rule of court
c)   Any other expenditure declared by the Constitution or by Parliament by law to be so charged.

Ø Voted Expenditure: Article 113 (2) of Constitution of India specify "that the estimates of Voted expenditure shall be submitted in the form of Demands for Grants (say Demand No.03A, 04B etc) to the House of People (Lok Sabha) and the Lok Sabha shall have power to assent, or to refuse to assent, to any demand, or to assent to any demand subject to a reduction of the amount specified therein".

Ø There was a misconception that charged expenditure and contingent fund are inter related i.e., Voted expenditure is met from Consolidated Fund and Charged expenditure is met from Contingency Fund.  But it is not correct.  Both Voted and Charged expenditure are met from Consolidated Fund of India only. 

  • Authority is Article 112 (3) of Constitution of India. Click the link here. 


http://indiankanoon.org/doc/280240/



  •  In fact, Contingency Fund of India is not at all a FUND in its character, but nature of an IMPREST. (which would be discussed separately in the blog)
Ø 
Voted expenditure
Charged expenditure
1. Requires approval of Parliament.
1. Doesn't requires approval of Parliament. However Parliament can discuss about the estimates of Charged expenditure.
2. Rationale: In Democratic country like India, the Govt. cannot spend from the Consolidated Fund unless the expenditure is voted in the lower house of the Parliament.  Because the real power lies in public.  Parliament which consists of representatives of Public i.e., Members of Parliament have control on the expenditure to be met from Consolidated Fund of India.
2. Rationale: To safeguard the freedom/interest of judiciary, constitutional bodies like President of India, Vice- President of India, Speaker,CAG etc, the expenditure related to these are placed outside the scope of approval of Parliament. Otherwise they are not able to discharge their duties independently.

Note:

Readers are advised to reproduce the same notes (duly modify) even in a case, if the short notes on "Charged Expenditure" is asked in the examination.

                                      ######

Railway Capex 2020-21 Budget


Top of Form

Railway Capex 2020-21 Budget


·         Capex - Capital Expenditure - 1,61,042 Crores


Source of Finance

Amount
(Rs.in Crores)
Percentage




Capital
46500


RRSK
5000


CRIF
18500


Total - Gross Budgetary Support
70000
70000
43 %




DRF
1000


Development Fund
1500


RRSK
5000


Total - Internal Resources

7500
5 %




EBR - IRFC
30000


EBR - IF
28000


EBR - PPP
25292


Nirbhaya Fund
250


Total - External Resources
83542
83542
52 %




Grand Total

161042
100 %


Note: RRSK -  Rs. 10,000 Crores (Budgetary support - Rs. 5000 Crores & Internal Sources - Rs. 5000 Crores)

·         Make Indian Railways, the Growth engine of the Indian Economy.

·         GBS - Gross Budgetary Support  -  Rs. 70,000 Crores (includes RRSK - Rs. 5000 Crores & CRIF - Rs. 18,500 Crores)

·         Electrification - 6500 Route KMs - target (By 2023-2224 - target is entire BG network electrification)

·         New Lines, GC, Doubling, Tripling - 3750 Route KMs

·         Freight loading target - 1265 Million Tonnes.

·         Average freight lead - 553 KM

·         Originating Passengers - 879 Crores

·         S & T - to implement CTC - Centralized Traffic Control system along with Automatic Block Signaling system- 1830 Kms over 8 Zonal Railways.

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