Railway Accounts Department Examinations

Sunday, August 8, 2021

MCQ on GCC for Works, 2020 July

 

MCQ on GCC for Works, 2020 July

Click for GCC for Works, 2020 July

   

By M Nageswara Rao 9492432160

Dated: 08.08.2021

S.No

Multiple Choice Questions

Answer

1.

 

The first and foremost document in the Order of Precedence of Documents as Per 1.01 of GCC for Works, 2020 July is _____

 

A.    IR Standard GCC updated with correction slips issued up to the date of inviting Tender

B.     Special Conditions of Contract

C.     Letter of Award

D.    Schedule of Items, Rates & Quantities

C

2.

Limited Tenders shall mean Tenders invited from all or some contractors on _________

 

A.    Approved List of Contractors with the Railway

B.     Select List of Contractors with the Railway

C.     Either A or B

D.    Neither of above

C

3.

Contractor’s authorized Engineer shall mean ________

 

A.    More than 3 years’ experience – Relevant field – Approval of Engineer.

B.     More than 5 years’ experience – Relevant field – Approval of Engineer.

C.     More than 3 years’ experience – any field – Approval of Engineer.

D.    More than 3 years’ experience – Relevant field – Approval of Engineer not required.

A

4.

List of Approved Contractors in Railway shall be revised periodically once in a ______ .

 

A.    2 Years

B.     3 Years

C.     6 Months

D.    1 Year

D

5.

Date of inviting Tender shall be reckoned as ______

 

A.    Date of publishing Tender Notice on IREPS Website (if published on Website)

B.     Date of Publication in Newspaper (in case Tender is not published on Website)

C.     Either A or B

D.    None of these

C

6.

Notices shall be sent to the Contractors in the Approved list of Contractors through __________

 

A.    Registered e-mail address

B.     Registered Postal address

C.     Either A or B

D.    Both A & B

D

7.

The EMD shall  be rounded to the nearest ________

 

A.     Rs.100

B.    Rs.10

C.   Rs. 1000

D.   No such Rounding off

A

8.

Which one among the following is incorrect?

 

A.     EMD is 2% of the value of work, if the work value is up to Rs. 1 Crore

B.     If value of work is beyond Rs. 1 Crore, the EMD is Rs.2 Lakh plus 0.5 % of  the excess of the estimated cost of work beyond Rs. 1 Crore subject to maximum of Rs. 1 Crore

C.    EMD of successful tenderer is retained as part of SD - Security Deposit

D.     EMD is applicable to Open Tenders only

D

9.

Firms recognized by ____________ as "STARTUPS" shall be exempted from the payment of EMD.

 

A.     Ministry of Commerce & Industry

B.     Dept for promotion of Industry and Internal Trade

C.     Railway Board

D.    Dept of Industrial Policy & Promotion (DIPP)

D

10.

Which one among these is not a valid reason for forfeit of EMD by the Railways.

 

A.     Resile/abandon the work by successful tenderer.

B.     Fails to submit the PG - Performance Guarantee within validity of time.

C.    Fails to submit the SD - Security Deposit within validity of time.

D.    Modify the terms & conditions thereof in a manner not acceptable to the Railways.

C

11.

The payment mode of EMD is ______

 

A.    Deposited in Cash through e-payment gateway or as mentioned in Tender Documents

B.    As mentioned in Tender Documents only

C.   Deposited in Cash through e-payment gateway only

D.   Deposited in cash at Railway Cash Office or though e-payment gateway

A

12.

RCM stands for ______________

 

A.    Reverse Charge Method

B.    Reverse Charge Mechanism

C.   Retain Charge Mechanism

D.   Reverse Credit Mechanism

B

13.

Work Orders for works not exceeding_______   shall be issued under the agreement for Zone Contracts.

 

A.    Rs. 1 Lakh

B.     Rs. 5 Lakh

C.     Rs. 10 Lakh

D.    Rs. 50 thousand

B

14.

No Technical & Financial credentials/eligibility criteria are required for Tenders having value up to ______

 

A.    Rs.25 Lakhs

B.    Rs. 2 Crores

C.   Rs. 5 Crores

D.   Rs. 50 Lakhs

D

15.

Financial Eligibility – Tenderer must have received contractual payments in the ______________________ at least 150 % of the advertised value of the Tender.

 

A.    Previous 7 financial years and the current year up to the date of inviting the Tender

B.     Last 7 years ending last day of month previous to one in which the Tender is invited

C.     Previous 3 financial years and the current year up to the date of inviting the Tender

D.    Last 3 years and the current year up to the date of inviting the Tender

C

 16

Technical Eligibility – Tenderer must have completed the similar works (3 works & each 30 % of advertised value or 2 works & each 40 % of advertised value or 1 work & each 60 % of advertised value) during the __________.

 

A.    Previous 7 financial years and the current year up to the date of inviting the Tender

B.     Last 7 years ending last day of month previous to one in which the Tender is invited

C.     Previous 3 financial years and the current year up to the date of inviting the Tender

D.    Last 3 years and the current year up to the date of inviting the Tender

B

 17

On found any information submitted by the Tenderer is false or forged or incorrect, the consequences are i) Forfeiture of EMD, PG & SD available with the Railway ii) Forfeiture of Other dues to be paid to the Contractor if any under this Contract iii) Banned for awarding the Contract for a period up to 5 years  iv) Impose the fine of 2 % of the Contract Value

 

A.    Consequence i) only

B.     Consequences i) & ii)

C.      Consequence iv) only

D.    Consequence i), ii) & iii)

D

 18

Bid Capacity is required for the Tenders valued above __________

 

A.    Rs. 20 Crores

B.     Rs. 2 Crores

C.     Rs. 5 Crores

D.    Rs. 100 Crores

A

 19

Bid Capacity formulae is __________

 

A.    {A x N x 2}  - B

B.     {A x N x 3}  - B

C.     {A x N x 2}  + B

D.    {A x N x 3}  - B

A

 20

The Contract documents shall be signed in ______ by the Railway and the Contractor

 

A.    Duplicate

B.     Triplicate

C.     Quadruplicate

D.    Quintuplicate

B

 21

Temporary Works means (as per GCC for Works) _______

 

A.    Required for the completion of the Works

B.     Required for the maintenance of the Works

C.     Works which are completed in the period of Two months

D.    Both A & B above

D

 22

In case Non-Railway bodies/persons are permitted to use Railway premises with competent authority’s approval, the following charges may be levied from time to time.

 

A.    Conservancy Charges

B.     General charges

C.     Way Leave Charges

D.    Lease charges

A

 23

In case of Subletting of Works, total value of work to be assigned to Sub Contractor (s) shall not be more than ______  of Total contract Value.

 

A.    20 %

B.     30 %

C.     50 %

D.    75 %

C

24

Security Deposit can be permitted by depositing Bank Guarantee Bond – subject to i) Contracts value Rs.50 Crores or above ii) after execution of Contract documents  iii) before execution of Contract documents iv) before payment of 1st on account bill v) Irrespective of Contracts value

 

A.    i) , ii), iv)

B.     iii), iv), v)

C.     i) iii), iv)

D.    None of the above

C

25

Total number of Documents in the Order of Precedence as per 1.01 of GCC for Works, July 2020 is ____

 

A.    10

B.     11

C.     12

D.    9

B

26

PG – Performance Guarantee shall be submitted within ____ from the date of issue of LOA – Letter of Acceptance

 

A.    21 days

B.     30 days

C.     7 days

D.    60 days

A

27

Extension time for submission of PG beyond ____ and up to ________from the date of issue of LOA

 

A.    21 days & 60 days

B.     30 days & 90 days

C.     7 days  & 21 days

D.    60 days & 120 days

A

28

Penal interest charged for delay submission of PG is ______

A.    10 % Per Annum

B.     12 % Per Annum

C.     15 % Per Annum

D.    18 % Per Annum

B

29

PG shall be initially valid up to the stipulated date of completion of work plus _______

A.    30 days

B.     0 days

C.     60 days

D.    90 days

C

30

Additional PG amounting to 5% for the excess value over the original contract value, if value of the contract increases by more than ______ of the Original Contract value.  

A.    10 %

B.     15 %

C.     20 %

D.    25 %

D

31

PG shall be released to the Contractor after

A.    Completion of Physical Work

B.     Completion of the Physical Work plus 60 days

C.     Completion of the Physical Work & Maintenance Period if any

D.    None of the above

A

32

Variations: Quantities operated beyond 125 % but up to 140 %, Rates to be paid at

A.    96 % of the rate

B.     98 % of the rate

C.     100 % of the rate

D.    None of the above

B

33

Variations: Quantities operated beyond 140 % but up to 150 %, Rates to be paid at

A.    96 % of the rate

B.     98 % of the rate

C.     100 % of the rate

D.    None of the above

A

34

Variations: Quantities operated beyond 150 %, Rates to be paid at

A.    Will be avoided. But 96 % of the rate paid at exceptional unavoidable circumastances

B.     Not permitted at all

C.     Will be avoided. But 90 % of the rate paid at exceptional unavoidable circumastances

D.    None of these

A

35

Base month for PVC – Price Variation Clause shall be taken as ____

A.    Month 28 days prior to the opening of Tender incl: extensions, if any

B.     Month 28 days prior to the opening of Tender excl: extensions if any

C.     Month 14 days prior to the opening of Tender incl: extensions, if any

D.    Month 15 days prior to the opening of Tender excl: extensions, if any

A

36

Labour component as per PVC is _____

A.    15 %

B.     20 %

C.     30 %

D.    25 %

B

37

Sole Arbitrator is appointed in claims not exceeding the value of _____

A.    Rs. 50 Lakhs

B.     Rs. 1 Crore

C.     Rs. 5 Crore

D.    Rs. 10 Crore

B

38

Sole Arbitrator shall be appointed within ______ from the day when a written and valid demand for Arbitration is recd. by the GM

A.    30 days

B.     45 days

C.     60 days

D.    15 days

C

39

Serving Gazetted Railway Officers of not below _____ and Retired Railway Officers not below   _______ one year after his/her date of Retirement

A.    Sr.Scale & JA Grade

B.     JA Grade & JA Grade

C.     JA Grade & HAG Grade

D.    None of the above

D

40

Contractor shall be entitled for a Bonus of ____for each 30 days early completion of Work

A.    1 %

B.     2 %

C.     3 %

D.    4 %

A

41

Maximum Bonus shall be limited to ______ of Original Contract Value

A.    2 %

B.     5 %

C.     3 %

D.    10 %

C

42

Bonus for early completion of work in Open Tenders is applicable for works valuing above ________

A.    Rs.10 Crore

B.     Rs. 20 Crores

C.     Rs. 5 Crore

D.    Rs. 50 Crore

B