Railway Accounts Department Examinations

Wednesday, January 25, 2023

Indian Railway Codes and Manuals - Revised

 


Indian Railways Codes and Manuals - Revised ones



Click below for 


   Codes and Manuals




Revised Codes 


Accounts Code Volume 2 Revised Edition 2023 


Finance Code Volume I  Revised Edition 2022


Finance Code Volume II  Revised Edition 2022


Rolling Stock Code Revised Edition 2022


Railway committees

 

Railway Committees



Event

Year

Committee (recommended by)

Railway Board established 

1905

Sir Thomson Robertson Committee

Railway Department established 

1908

Railway Finance Committee

FC - Financial Commissioner appointment 

1923

Sir Acworth Committee

Separation of Railway finances from General Finances or Railway Budget from General Budget

1924

Sir Acworth Committee

Brought Railway Accounts under the control of GM (instead of FC) 

1941

Indian Railway Enquiry Committee (commonly known as  Wedgewood Committee)



Saturday, January 21, 2023

Difference between M&P and T&P

Difference between M&P and T&P

 

Source: Para 1019 & 1020 of Rolling Stock Code

 

SN

M&P

SN

T&P

1

M&P stands for Machinery & Plant

1

T&P stands for Tools & Plant

2

A Machine that remains stationary nd immovable (Job comes to Machine) and all Vehicles (all types)

2

An item that is movable (Machine comes to Job)

3

Examples: All immovable Machines, Staff cars, Lorries, Buses, Ambulances, Road Mobile cranes,  etc

3

Examples: Pneumatic drills, power saws, tools and plants such as jigs & fixtures. Small tools & equipment. Upkeep of Office such as Furniture, computers, printers etc 

4

Costing more than Rs. 50 Lakhs and Vehicles irrespective of its cost  processed through M&P Portal (maintained by Railway Board)

 

Costing up to Rs. 50 Lakhs each - (except Vehicles) can be sanctioned by Zonal Railways under GM’s powers

4

Costing up to Rs. 10 Lakhs referred as T&P and procured by Zonal Railways 

5

Charged to Capital (Plan Head 41 - M&P)

5

Charged to Revenue

 

Key Points for MCQ



  1. M&P stands for Machinery & Plant 
  2. T&P stands for Tools & Plant 
  3. M&P - Job comes to Machine
  4. T&P - Machine comes to Job 
  5. M&P - costing more than Rs. 50 Lakhs processed through M&P Portal
  6. All Road vehicles treated as M&P irrespective of Value and processed through M&P Portal
  7. M&P portal maintained by Railway Board 
  8. M&P - costing less than Rs. 50 Lakhs - processed by Zonal Railways under GM’s powers
  9. T&P - costing up to Rs. 10 Lakhs charged to Revenue
  10. M&P charged to Capital (Plan Head 41) 

—--end—-


Thursday, January 19, 2023

Deleted Questions Procedure in CBT conducted by NAIR for LDCE and 70% Selection Examinations

 


Deleted Questions Procedure in CBT 



Source: Railway Board Letter No.  E(GP)2022/2/4 dated 26.10.2022  (RBE No.134/2022) Click for download  and dated 28.11.2022 Click for download




SN

Example

Applicable / Not Applicable

Final Score calculation

1

Answered 150 questions or less than 150 questions, but the deleted question is not one of the attempted question

Not Applicable

Out of 150

2

Answered 150 questions and 5 questions of these have been deleted

Applicable

Out of 145 (recalculated out of 150)

3

Attempted 130 questions (out of required 150 questions) and 2 questions of 130 questions have been deleted

Applicable

Out of 148 (recalculated out of 150)




ILLUSTRATIVE EXAMPLES


SN 1 - Answered 150 questions or less than 150 questions, but the deleted question is not one of the attempted questions :  


Candidate A answered 140 Questions. Out of  140 questions, 120 are Correct  and 20 are incorrect.  His score is as follows.




No. of Questions

Marks

Correct answers

120 x 1

120

Incorrect answers

20 x ⅓ 

Minus 6.67

Net Marks


113.33



Net score:  113.33 out of 150

SN 2 - Answered 150 questions and 5 questions of these have been deleted   :  


Candidate B answered 150 Questions. Out of  150 questions, 141 are Correct,4 are incorrect and 5 are deleted  His score is as follows.




No. of Questions

Marks

Correct answers

141 x 1

141

Incorrect answers

4 x ⅓ 

Minus 1.33

Net Marks


139.67



Provisional Score:  139.67 out of 145 


Now recalculate the same for out of 150


145      —----------  139.67 


150     —------------   ?


= 150 / 145 x 139.67  = 113.45


So Net Score = 144.49 out of 150 



SN 3 - Attempted 130 questions (out of required 150 questions) and 2 questions of 130 questions have been deleted   :  


Candidate C answered 130 Questions. Out of  130 questions, 100 are Correct,28 are incorrect and 2 are deleted  His score is as follows.



No. of Questions

Marks

Correct answers

100 x 1

100

Incorrect answers

28 x ⅓ 

Minus 9.33

Net Marks


90.67



Provisional Score:  90.67 out of 148 


Now recalculate the same for out of 150


148      —----------  90.67 


150     —------------   ?


= 150 / 148 x 90.67  = 113.45


So Net Score = 91.90 out of 150 


Disclaimer:  


  • Some questions in the CBT for LDCE conducted on 20 November 2022 are deleted by the Railway Board . 


  • The above write up just throws light on the Railway Board’s Policy of deleted questions.  The blogger tried to explain in simple manner the Railway Board’s policy regarding the same.


  • The blogger is not responsible for the mistakes or discrepancies in the above calculations or method of calculation if any.


  • The candidates need to go through the Railway Board letters cited above (hyperlinks provided for download) and calculate their score accordingly. 


Note: Any mistakes in the above calculations may please be brought to the notice of the blogger for correction. Thank you


—-- end —-


Tuesday, January 17, 2023

Additional Pension / Family Pension

                      

Additional Pension / Family pension

  1. Pension/Family pension is increased by 20% on reaching 80 years of age. 

  2. This is called Additional pension.

  3. The additional pension is as under: 


On reaching 

Additional Pension as percentage of 

Pension / Family Pension

80 years

20 %

85 years

30 %

90 years 

40 %

95 years

50 %

100 years

100 %


  1. Dearness Relief is paid on Additional Pension.

  2. The additional pension/family pension is paid from the first day of the month in which the pensioner/family pensioner reaches 80,85,90,95 & 100 years of age.


  1. Additional pension/family pension is shown separately in PPO (Pension Payment Order) 

*******


Gratuity

 

 Retirement Gratuity


  • In addition to the monthly pension, Retirement   Gratuity is also paid to the employee on retirement. 


  • This is a one time payment of a lump-sum amount.


  • For retirement Gratuity employees should have rendered more than 5 years qualifying service. 


  • Retirement Gratuity is equal to:- 


  • “¼ th of emoluments for each completed six monthly period of service (or) 16 ½ times of emoluments (or) 20 Lakh rupees, Whichever is less.”    


  • Emoluments means Basic Pay + DA .


  • For Running staff  55% and for Railway Doctors 20% of pay is added to the Basic pay.

                                                        

Key points for MCQ on Retirement Gratuity 


  1. Minimum qualifying Service  - 5 years

  2. Equal to 1/4th emoluments for each completed six months qualifying service or 16 ½ times of emoluments or Rs. 20 Lakhs whichever is less

  3. Emoluments = Basic Pay + DA

  4. Running Staff - 55% of Basic Pay is added to the Basic Pay. 

  5. Doctors  - 20% of Basic Pay is added to the Basic Pay. 

Death Gratuity 


  • If the employee dies while in service, his spouse is paid Death Gratuity as under:

 

  • If the employee dies with service of :



Service

Amount of 

Death Gratuity (Rs)

_____ of emoluments

Less than 1 year

2 times 

1 year to less than 5 years

6 times

6 years to less than 11 years

12 times

11 years to less than 20 years

20 times

20 years and more

Half of emoluments for every completed 6 months service or 33 times or Rs.20 Lakhs whichever is less




  • Emoluments = Basic Pay + DA

 

  • For Running staff  55% and for Railway Doctors 20% of pay is added to the Basic pay.


                                                      ******