KERALA FINANCIAL CODE AND BUDGET MANUAL TEST No. 1

KFC&KBM: TEST PAPER 01

Quiz

 

1. Which is not coming under "Local Fund"?
   1.   Kerala State Electricity Board Working Fund
   2.   Market Committee Fund
   3.   Library Fund
   4.   Mutual Fund
2. Which is not a personal deposit?
   1.   Devaswom fund
   2.   Palace fund
   3.   Treasury Cash orders
   4.   Deposit of Janmi Karam collections
3. Amounts paid by Government to any Undertakings or Institutions to cover the losses or to bridge gap between receipts and expenditure arising from any activity of a concessional nature is called _______.
   1.   Subsidy
   2.   Grant in aid
   3.   Contribution
   4.   Rebate
4. The mosquito advance will be given once in a period of
   
   1.   Six years
   2.   Five years
   3.   10 years
   4.   Yearly
5. Form No. 52, 52B and 52C are used for
   1.   Draft release and re-assign of mortgage in HBA
   2.   Draft release for security deposit in a contract
   3.   Tender, Offer and Acceptance in store purchase
   4.   None of the above
6. In a tender the total quoted amount of the lowest tender exceeded the sanction limit of the purchasing officer, then
   1.   The tender may be rejected
   2.   The tender may be submitted to the higher authority
   3.   The tendering authority may pass the tender as there is sanction though it was for a lower amount
   4.   Retender may be called for even though the tender is the lowest
7. When a Govt employee died while he was in service, his liabilities can be written off as per prevailing rules in force by the Government. These liabilities include
   1.   House Building advance
   2.   Motor Cycle advance
   3.   Interest free medical advance
   4.   All of the above
8. When a purchasing officer has incurred expenses in transferring payment to the contractor outside the districts, the expenses should be borne by
   1.   The purchasing officer
   2.   The contractor to whom payment is made
   3.   By the controlling officer of Purchasing Officer
   4.   Personal liability of purchaser
9. Gazetted Officers who reports for duty on termination of previous appointment, after leave, training and deputation will furnish joining report _________, when there is no fresh appointment order.
   1.   In RTC (KFC form No.7)
   2.   In a white paper
   3.   In Spark
   4.   None of the above
10. The Head of a Department or other officer who submits estimates direct to Government, who is entrusted with the responsibility of controlling the incurring of expenditure and/or the collection of revenue is known as __________.
    1.   Sub-Controlling Officer
    2.   Chief Controlling Officer
    3.   Drawing and Disbursing Officer
    4.   Gazetted Officer
11. Advance may be given to purchase furniture
    1.   All Govt. Servants
    2.   All Gazetted Govt. Servants
    3.   All Non-Gazetted Govt. Servants
    4.   Junior IAS officers
12. A Contractor has agreed to supply some goods within a period of time and executed agreement. After the first supply, he asked extra price for the goods he supplied, since there is a price fluctuation in the market. His agreement is for three supplies. Then
    1.   He may be given the excess price asked
    2.   He may be give a 5% price increase
    3.   He may be given 10% price increase
    4.   No excess price than agreed can be given
13. The House building Advance sanctioned to a Govt. employee in Kerala may be for
    1.   Construction of a house for personal residence
    2.   Purchase of site with house for Tourist residence
    3.   Purchase of site with hotel for personal business and repairs thereto
    4.   All of the above
14. The House Building Advance amount should be utilized for the purpose for which it is granted within a reasonable time not exceeding ________ from the date of full disbursement of the loan.
    1.   Two years
    2.   One years
    3.   Three years
    4.   Six months
15. Expenditure incurred with the object of either increasing concrete assets of a material and permanent character, or of extinguishing or reducing recurring liabilities,
    1.   Capital Expenditure
    2.   Revenue Expenditure
    3.   Recurring Expenditure
    4.   Revenue Deposit
16. Pay bills and when maintained separately acquaintance rolls of last grade Government servants should be preserved for _________.
    1.   45 completed years
    2.   35 completed years
    3.   25 completed years
    4.   15 completed years
17. Every order sanctioning the grant or a revision of the amount of a permanent advance should be communicated to
    1.   To the Government servant concerned
    2.   To the Accountant-General
    3.   All the above parties
    4.   None of the above
18. The primary function of the Committee on Public Accounts is to scrutinize
    1.   The Reports of the Comptroller and Auditor General of India
    2.   The Appropriation Accounts
    3.   The Finance Accounts
    4.   All of the above
19. Losses due to depreciation may have occurred due to some general phenomena; which are these?
    1.   Wear and tear
    2.   Normal fluctuation in the market
    3.   Neglect after purchase
    4.   All of these
20. Agreement signed between the purchaser and the supplier for extending the contractual period is called __________.
    1.   Supplemental agreement
    2.   Additional agreement
    3.   Consortium agreement
    4.   Material transfer agreement
21. Mosquito net advance to a govt. employee comes under
    1.   Civil advance
    2.   Special advance
    3.   Revenue advance
    4.   Medical advance
22. No Govt. supplied machine in an office should be rejected as worn out and unfit for use until it has been
    1.   Examined by Accountant General
    2.   Examined by Stores Purchase Department
    3.   Examined by Head of the Department
    4.   Examined by the Stationery Department
23. When a Govt. servant is using a Motor Car allotted by the Government, __________ should be kept in the vehicle.
    1.   A register in K.F.C. FORM No 48
    2.   A register in K.F.C. FORM No 45
    3.   A register in K.F.C. FORM No 24A
    4.   A register in K.F.C. FORM No. 24B
24. Financial sanction communicated by Govt. to the AG _______.
    1.   Should be signed in ink
    2.   May be a photocopy
    3.   May not be send to AG
    4.   Shouldn't be signed
25. Travelling Allowance of a Govt. Servant due for payment
    1.   On the date on which the Govt. Servant returned to HQ
    2.   On the date on which the Govt. Servant submitted the TA bill
    3.   On the date on which the bill is passed
    4.   Immediately after the close of the month
26. Time Barred claims may be settled after getting sanction from
    1.   Accountant General
    2.   Advocate General
    3.   Head of the Department
    4.   Government
27. What is Vacancy remission?
    1.   It is the filling of a vacancy of a Govt. Servant
    2.   It is reducing a post from the sanctioned strength
    3.   It creating an additional vacancy
    4.   It is claiming a reimbursement of Municipal Tax when the Govt. building is vacant
28. The audit objection register should be reviewed by the Head of the Office __________.
    1.   Yearly
    2.   Monthly
    3.   Quarterly
    4.   Weekly
29. When a person is appointed substantively to a post in a class or grade of appointments in an establishment over and above its sanctioned strength without at the same time increasing the sanctioned number of posts in the class or grade, the officer so appointed is termed a ________.
    1.   Supplementary
    2.   Temporary
    3.   Supernumerary
    4.   None of these
30. Form No. KPW 21 is mainly used for recording
    1.   Purchasing of Land and building
    2.   Measurements of works
    3.   Daily receipts
    4.   Daily turn out of photo copying machines
31. Class IV employees are eligible for marriage advance of their female children up to
    1.   15 times of basic pay or Rs. 30,000 whichever is higher
    2.   10 times of basic pay or Rs. 20,000 whichever is higher
    3.   25 times of basic pay or Rs. 1,00,000 whichever is higher
    4.   30 times of basic pay or Rs. 1,00,000 whichever is higher
32. The mosquito net advance paid to an employee of the state government bears an interest rate of
    1.   15%
    2.   10%
    3.   5%
    4.   No interest
33. If action under Kerala Service Rules is not possible to take against an officer who has retired from service to recover a loss sustained to Govt. due to expiry of time limit, how the loss may be recovered
    1.   By filing a civil suit
    2.   By giving notice to the treasury where he obtains pension
    3.   Cannot be recovered
    4.   Will be written off
34. When the claim of Gazetted Officer (Pay and Allowances) due for payment?
    1.   On Expiry of the month to which the claim relates
    2.   On the beginning of the month to which the claim relates
    3.   On the date of authorization by AG
    4.   On the date of signing Report of Transfer of Charge
35. An Assistant Engineer, who is in charge of execution of a departmental execution work prepared two muster rolls-one original and another duplicate. He has kept the duplicate muster roll in his home and asked the laborers to sign at the weekend in this duplicate. In audit it is found that there is an irregularity in the action of AE
    1.   Keeping Duplicate muster roll in home is irregular
    2.   Preparing duplicate muster roll is irregular
    3.   Asked the laborers to sign at the weekend in the duplicate is irregular
    4.   In the Departmental execution there should not keep any muster roll, hence irregular
36. Advance for Medical purpose bears interest @ _________.
    1.   12%
    2.   18%
    3.   6%
    4.   No interest
37. For the repayment of HBA maximum installment period of principal shall not exceed _______ months and that of interest shall not exceed _______ months.
    1.   144 and 72
    2.   140 and 70
    3.   136 and 68
    4.   180 and 84
38. As per Article 81 of KFC Vol, 1, Gazetted Officers should furnish Report of Transfer of Charge when he assumes or relinquishes the charge of the post to which he is appointed or transferred from. But in some cases, a Gazetted officer has to furnish joining report in a white paper, when he joins
    1.   After Deputation where there is no fresh appointment order
    2.   After leave where there is no fresh appointment order
    3.   After Training where there is no fresh appointment order
    4.   All the above cases
39. Beriz deductions and Tasdic allowances are paid by
    1.   Tahsildars
    2.   District Collector
    3.   Deputy Collector
    4.   Village Officers
40. A _________ contract is a contract for the supply of stores at specified rates and specified period.
    1.   Rate contract
    2.   Lump sum contract
    3.   Running contract
    4.   Negotiated contract
41. Certain Small scale industries and industrial co-op societies, if otherwise eligible, are exempted from
    1.   Executing agreement for a contract
    2.   Furnishing EMD
    3.   E-tender process
    4.   Executing agreement in stamp paper
42. What is the main difference between Article 184 and 185 of Kerala Financial Code?
    1.   Starting a work without a sanctioned estimate
    2.   Starting a work without providing funds
    3.   Starting a work with or without a contractor
    4.   A written order from Higher authority is required otherwise than executing a work in emergency
43. When a Gazetted Officer takes charge, He should report to the Accountant General
    1.   On the same day
    2.   Within seven days of joining duty
    3.   Within 14 days of joining duty
    4.   Not to report to AG
44. An officer is provided with a Permanent Advance of Rs. 1,000/- He has expended Rs. 600 from this. He is now relieved from the post, then
    1.   He should handover the balance to the Officer taking charge
    2.   The relieving officer has to forward an acknowledgement of receipt of full permanent advance and the relieved officer should do the necessary things
    3.   He can carry the balance to the new station
    4.   He should close the Permanent advance
45. Remission of Property Tax can be claimed for Govt. Building,
    1.   When the whole or portion of building is destroyed or demolished
    2.   When there is no occupants in the building
    3.   When the building is occupied purely for govt. purpose
    4.   When the Govt. building is allotted for personal use
46. -_________ is intended to detect errors and prevent fraudulent entries of work executed.
    1.   Measurement
    2.   Check Measurement
    3.   Level Measurement
    4.   Completion Certiciate
47. When the holder of a Malikhana dies it should be continued to be paid to the senior member of the family concerned. The devolution of seniority will depend on ________ to each case.
    1.   the personal law or custom applicable
    2.   the Hindu Succession Act
    3.   the Kerala Land Conservancy Act
    4.   the Hindu Marriage Act
48. ________ is the contribution to help poor people for obtaining materials for building huts when they are obliged to vacate their houses on account of plague or any other epidemic diseases by the District Collector.
    1.   Jenmibhogam
    2.   Karathilchilavu
    3.   Arthapalisa
    4.   Discretionary grants
49. In cases where the charge reports cannot be signed conjointly by the relieved and the relieving officers due to administrative difficulties the counter signature of the superior authority should be incorporated in the charge reports before they are communicated to Audit. When a District Collector assumes charge like this
    1.   Counter signature of Land Revenue Commissioner is necessary
    2.   Counter signature of Other district Collectors is necessary
    3.   Counter signature of Chief Secretary is necessary
    4.   No counter signature is required
50. _______ include the periodical repairs which are done regularly as a matter of routine and are usually of the same nature.
    1.   Special Repairs
    2.   Major Works
    3.   Ordinary Repairs
    4.   Deposit Works
51. When a Grant is sanctioned by the Director of Technical Education to a recognised private, technical and industrial institutions for the payment of salary to teachers, it is called
    1.   Industrial Grants
    2.   Scholarship
    3.   Stipend
    4.   Malikhana
52. The expression 'reasonable time' occurring in this rule should ordinarily be interpreted to mean one year from the date of the issue of the order sanctioning. Which is the case referred here
    1.   Advance for medical expenses
    2.   Grant
    3.   Loans and advances
    4.   None of these
53. The Travelling Allowance Bills of Ministers is to be countersigned by
    1.   Chief Minister
    2.   Governor
    3.   No counter signature required
    4.   Prime Minister
54. KFC form No. 4A is used for
    1.   nspection reports of AG
    2.   Log report of Motor Cars
    3.   Measurement of works
    4.   Court attachment of pay, etc
55. The completion report of a work should be prepared in
    1.   Form No. KFC 24
    2.   Form No. KPW 21
    3.   Form No. KFC 24 B
    4.   Form No. KFC 24B
56. In the case of all ordinary items of stores, The firm period of tender may be
    1.   Six months
    2.   Three months
    3.   Two months
    4.   One year
57. Works are primarily classified into
    1.   Capital and Revenue
    2.   Complete and Incomplete
    3.   Repairs and renewals
    4.   Original and Repairs
58. Applications from the All India Service Officers for advance can be sanctioned by
    1.   Govt. of India
    2.   Government in the Finance Department
    3.   Secretary to Government, Legislative Department
    4.   The President of India
59. When a temporary advance is taken by an officer for a specified purpose and it is not submitted the expenditure details or returned back the amount within the specified time, he has to remit a penal interest of ________ to Govt.
    1.   12%
    2.   6%
    3.   18%
    4.   2.5%
60. Onam Advance paid in respect of N.M.R./C.L.R. workers the advance will be debited to the head of account.
    1.   Miscellaneous Public Works Advances
    2.   766 loans and advances
    3.   677 - Loan for Education
    4.   3054 salary to PWD
61. Which is not a personal Deposit?
    1.   Kakur Estate Fund
    2.   Mathilagom Fund
    3.   Sripandaravagai Fund
    4.   Deposits for work to be done
62. _______ means a distinct unit of a large work which comprises several buildings, smaller works or groups of smaller works.
    1.   Sub work
    2.   Major work
    3.   Minor work
    4.   Original work
63. The order of a competent authority sanctioning a properly detailed estimate of the cost of a work of construction or repair to be carried out by the Public Works Department
    1.   Administrative sanction
    2.   Technical sanction
    3.   Financial sanction
    4.   Lapse of sanction
64. The power to reappropriate between minor heads within a grant is vested with
    1.   The administrative department
    2.   Head of the department
    3.   Finance department
    4.   Drawing officer
65. Deposits for work to be done is maintained in
    1.   PWD
    2.   Forest Departments
    3.   None of the above
    4.   Both in (1) and (2)
66. The registration of a security bond is compulsory if security is furnished in the form of ___________.
    1.   Movable property
    2.   Indemnity bond
    3.   Immovable property
    4.   National Savings Certificate
67. When a Government servant is to be transferred to foreign service under a private employer, the Government may require the employer to deposit before the transfer is sanctioned, security equivalent to __________ of the Government Servant in Foreign Service.
    1.   One year pay
    2.   Three months pay
    3.   Six months pay
    4.   One month pay
68. Losses of cash due to acceptance of counterfeit coins in State treasuries without Government sanction is a
    1.   Personal Liability
    2.   Department Liability
    3.   Contingent Expenditure
    4.   None of these
69. The main classification of expenditure is
    1.   Public and Private
    2.   Plan and Non plan expenditure
    3.   Recurring and Non-recurring
    4.   Capital and Revenue
70. The imposition, abolition, remission, alteration or regulation of any tax is
    1.   Appropriation Bill
    2.   Money Bill
    3.   Excess grant
    4.   SDG
71. Kerala Financial Code Form No. 7 is used by
    1.   Gazetted Officers
    2.   Ministers
    3.   NGOs
    4.   CLR workers in PWD
72. The Contingency Fund shall be held on behalf of the Governor
    1.   By the Chief Minister
    2.   By the Finance Minister
    3.   President of India
    4.   By the Finance Secretary
73. "Essentiality Certificate" in connection with medical reimbursement is issued by
    1.   Head of Office
    2.   Head of the Department
    3.   Medical Officer
    4.   Mechanical Engineer
74. A Govt. employee who has taken tour advance and submitted the adjustment bill within three months, but he has not utilised the full TA advance, then,
    1.   He has to remit back the balance and no interest will be charged
    2.   18% per annum will be charged on the un-utilised portion of the advance from the date of drawal to the date of refund of the advance
    3.   He can use the advance for other journey
    4.   None of these
75. Deposits can be refunded
    1.   without Letter of credit issued by Finance
    2.   with letter of credit
    3.   by Authorization from AG
    4.   by fund allotment
76. Payment of a claim which is barred by limitation of time under any provisions of law relating to such limitations should ordinarily be
    1.   Rejected
    2.   Refused
    3.   Entertained
    4.   Fined
77. The period of limitation of Pay and allowances including leave salary after it is due for payment is
    1.   Ten years
    2.   Twenty years
    3.   Five years
    4.   No limitation
78. Advance payable on transfer is
    1.   Civil Advances
    2.   Revenue Advances
    3.   12 members
    4.   Forest Advances
79. Rate contract in Kerala is concluded by ________.
    1.   Finance Department
    2.   PWD
    3.   Store Purchase Department
    4.   Head of the Department
80. What is the speciality of Article 180 of Kerala Financial Code?
    1.   Ensuring provision for fund for the work
    2.   Starting work in emergency
    3.   Agreement to be executed for the work
    4.   Sufficient security Deposit for the work
81. The __________ is the initial record of labour employed each day on a work.
    1.   Log Book
    2.   Cash Book
    3.   Muster Roll
    4.   Measurement Book
82. Which department will provide assistance in acquiring Land to Govt. departments?
    1.   LA department of Revenue
    2.   Survey department
    3.   Forest department
    4.   PWD
83. The Chengamanad Devaswom is in
    1.   Thrissur District
    2.   Thiruvananthapuram District
    3.   Kozhikode District
    4.   Ernakalam District
84. Life time arrears of pension due to deceased Political, Revenue and Malikhana Pensioners shall be paid to the claimant only on production of _________ from the authority who sanctioned the pension.
    1.   Death Certificate
    2.   Succession Certificate
    3.   Pension Certificate
    4.   Possession Certificate
85. What will be paid for the transportation of dead body of a Government servant dying in harness?
    1.   Rs. 1,000
    2.   Rs. 10,000
    3.   An amount equal to the TA allowable to the Govt. servant on retirement
    4.   Actual fare for the transportation of dead body
86. The period of limitation of Gratuity is
    1.   12 years
    2.   6 years
    3.   10 years
    4.   3 years
87. Arrear claim relating to statutory grants will be rejected if it is preferred after ______ subsequent to the year in which the payment was due.
    1.   One year
    2.   Two years
    3.   Three years
    4.   Four years
88. The salaries of employees in PWD National Highway Divisions are paid through
    1.   Spark
    2.   Letter of credit
    3.   Bank
    4.   Pay and Accounts Officer
89. The materials and stores purchased should be brought into
    1.   Personal Account
    2.   Stock Account
    3.   Tender Register
    4.   Indent Register
90. The officer competent to re-register the Malikhana is
    1.   Governor
    2.   Chief Minister
    3.   District Collector
    4.   Tahsildar
91. How many members are in Estimate Committee?
    1.   11 members
    2.   10 members
    3.   12 members
    4.   4 members
92. A statement of the estimated receipts and expenditure of the State for each financial year is known as __________.
    1.   Annual Financial Statement
    2.   Budget
    3.   (1) and (2) above
    4.   SDG
93. The first tier of classification in a five tier system of classification of transactions is
    1.   Major Head
    2.   Minor Head
    3.   Sector
    4.   Sub Head
94. _________ means the assignment of funds by the Legislature, to meet specified expenditure.
    1.   Budget
    2.   Appropriation
    3.   Demand for Grant
    4.   SDG
95. The Appropriation bill is introduced in Legislature
    1.   After Budget
    2.   Before Budget
    3.   Included in the budget
    4.   In a special session
96. Motions may be moved to reduce any grant, but not to increase or alter the destination of a grant. A motion may be moved to reduce the amount of demand is termed as
    1.   Vote on account
    2.   SDG
    3.   Cut motions
    4.   Discussion
97. When funds to meet proposed expenditure on a new service can be made available by re appropriation, a demand for the grant of a token sum may be submitted to the vote of the Assembly. The grant is called
    1.   Excess grant
    2.   Supplementary grant
    3.   Grant-in-aid
    4.   Token grant
98. If any amount has been expended in excess of grant already sanctioned during any financial year, the excess grant may be sanctioned
    1.   By placing the demand before the Legislature
    2.   By re-appropriation
    3.   By passing budget
    4.   By SDG
99. The result of verification of Draft Para should be communicated to the Accountant General ________ from the date of its receipt.
    1.   Within a year
    2.   Within six weeks
    3.   Within six months
    4.   Within a week
100. Supplementary Grant is authorized by the _________.
     1.   Finance Department
     2.   Legislature
     3.   Minister
     4.   Public accounts committee