DEPARMENTAL TEST KERALA: ACCOUNT LOWER- PAPER 3-online test 1

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PAPER 3-Introduction&Account Code1--01

Quiz

 

1. Bringing wastefulness in public Administration and infructuous expenditure to the notice of executive government is the duty of whom?
   
   1.   Heads of the Department concerned
   2.   Audit
   3.   Vigilance wing of the Government
   4.   None of these
2. What is the first principle of Government audit?
   
   1.   to verify the accuracy and completeness of accounts
   2.   to secure that all revenue and receipt collected are brought to account
   3.   to recognize the clear distinction between auditory and administrative functions
   4.   to see that all expenditure and disbursements are authorized
3. What is the fundamental object of audit?
   
   1.   To secure real value for the tax payer’s money
   2.   to detect fraud
   3.   to prevent corruption
   4.   none of these
4. While scrutiny of the rules and orders audit should see what?
   
   1.   They are not inconsistent with any provisions of the constitution or of the laws made there under
   2.   They are consistent with the essential requirements of audit and accounts as determined by the comptroller and auditor general
   3.   In case in which they have not been separately approved by a competent authority, the issuing authority possesses the necessary rule making power
   4.   All these
5. All rules and standing orders of a financial character issued by State Government or by authorities subordinate to State Government are Scrutinized finally by whom?
   
   1.   The High Court of the State
   2.   The Finance Department of the respective State
   3.   The Advocate General of the State
   4.   The Accountant General of the State Concerned
6. Audit conducted at the HeadQuarters Office of the Accountant General (Audit) based on the Accounts, Vouchers, Scheduled and other documents submitted by various disbursing outlets like Treasuries, Public Works/Forest Divisions and other Departmental Authorities as also the copies of sanctions endorsed to them by the various sanctioning authorities is called
   
   1.   Field Audit
   2.   Voucher Audit
   3.   Central Audit
   4.   None of the above
7. Government receipts such as Income Tax, Wealth Tax and Gift Tax are classified as ________?
   
   1.   Direct Tax
   2.   Indirect tax
   3.   Non-Tax revenue
   4.   None of these
8. Which among the following is an indirect tax levied by State Governments?
   
   1.   Income tax
   2.   Wealth Tax
   3.   Agricultural Income Tax
   4.   Stamp Duty
9. Which among the following is ordinarily NOT a function of Audit in regard to audit of receipts?
   
   1.   Verify that the internal procedure adequately secures correct and regulating accounting of demands, collections and refunds
   2.   Verify that no amounts due to Government are left outstanding on its book without sufficient reasons
   3.   To set right errors by adopting such legal course as they may deem necessary
   4.   Verify that the claims are pursued with diligence and are not abandoned or reduced except with adequate justification and with proper authority
10. Which among the following is essential process involved in the payment of money on Government Account?
    1.   The submission of a claim
    2.   The disbursement of the money claimed
    3.   The incorporated of the transaction in the accounts
    4.   All the abov
11. The power to dispose of property and stores pertaining to the Union Government is vested in whom?
    
    1.   The President of India
    2.   The Prime Minister of India
    3.   The Union Finance Minister
    4.   None of these
12. As per the guiding principles in audit of sanctions to expenditure what should audit do if any one item of a scheme requires sanction of a higher authority?
    
    1.   Audit should request the Government to cancel the scheme
    2.   Audit should hold under objection any expenditure on that item until sanction to it is obtained
    3.   Audit does not have powers to object the expenditure on the ground of absence of sanction of higher authority
    4.   None of the above
13. The Ultimate responsibility for keeping the expenditure within the Grant or Appropriation lies with _______ ?
    
    1.   The Audit
    2.   The Legislature
    3.   The executive
    4.   The Judiciary
14. The selection of sub-heads of a Grant or Appropriation which are fixed as units of the appropriation rests with _____________ ?
    
    1.   Government
    2.   Accountant General
    3.   The President
    4.   The Legislature
15. Under which section of the comptroller and auditor general’s (Duties, Powers and Conditions of Service) Act, 1971 the comptroller and auditor general is responsible for audit of all transactions of the Union and of the States relating to contingency funds and public accounts
    
    1.   Section 15(1)
    2.   Section 15(2)
    3.   Section 14
    4.   Section 13(b)
16. Which among the following is NOT an item to be verified and satisfied himself by an audit officer in auditing the transactions connected with the sinking funds?
    1.   Credits to these funds are in accordance with the undertaking given by Government
    2.   Credits to these funds are in accordance with the conditions set forth in the prospectus of the loans
    3.   The payments are eventually utilized for the purpose for which the funds themselves were created
    4.   Interests have been accounted properly
17. Which among the following is NOT a matter to be satisfied in audit in the case of moneys received to be held as deposits with Government and its repayments?
    
    1.   There is individual sanction for each amount of deposit received
    2.   The money can properly be credited to the Public Account of India or of a state by virtue of a statutory provision or of general or special orders of Government
    3.   No item is credited as a revenue receipt or in reduction of ordinary expenditure of that government
    4.   There are proper vouchers in support of the amount repaid and that repayment do not exceed the amounts originally received and credited to Government
18. -In the case of departmental undertakings the responsibility for the introduction of a commercial accounting system rests with whom?
    
    1.   The Finance Ministry or Department of the Government of India or of the State
    2.   Comptroller and Auditor General of India
    3.   Controller of Accounts
    4.   President of India
19. The balancing of the cash book in a concern periodically with the bank or treasury pass book is done as part of
    
    1.   Audit
    2.   Internal check
    3.   Stock verification
    4.   All of these
20. Departmental commercial Undertaking derives their finances from where?
    1.   Internal accruals
    2.   Borrowings
    3.   Public deposits
    4.   The Budget allocations of the Administrative Ministries/Departments
21. -In which of the following states the divisional accountants in PWD is NOT a subordinate of the Accountant General?
    
    1.   Uttar Pradesh
    2.   Madhya Pradesh
    3.   Maharashtra
    4.   Kerala
22. Which is the most important primary account record with PWD sub-divisional officer?
    
    1.   Muster roll
    2.   Records of receipts and issues of stock, plant and road metal
    3.   Cash book
    4.   Measurement book
23. Contractor’s ledger is maintained for what purpose?
    
    1.   To keep the names and details of registered contractors
    2.   To record the expenditure incurred in the division during a year
    3.   -Keep running account with each contractor, showing the amounts due by him for advances made to him, and due to him for work done by him
    4.   To watch the details of materials issued to each work
24. In PWD a revised estimate must be submitted when the sanctioned estimate is likely to exceed by more than _____________ percent.
    
    1.   Ten
    2.   Five
    3.   Twenty
    4.   Twenty five
25. Which among the following statements is NOT TRUE in regard to management of stores and stock?
    
    1.   Management of stores and stock embraces acquisition of stores, their custody and distribution according to requirements and their disposal
    2.   The goods received sheets are generally prepared in triplicate
    3.   An issue rate is assigned to each new articles as it is brought on stock
    4.   Disposal of unserviceable and obsolete stores is not a function relating to management of stores and stock

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