Kerala PSC - Departmental Exam - January 2019
Introduction to the Indian Government Accounts and Audit (Paper III) Date of Examination 24-03-2019
Question1:-Statement of facts relating to money on _________________ are called accounts
A:-Government
B:-Profit
C:-Things having money value
D:-Balance sheet
Correct Answer:- Option-C
Question2:-Audit is used an an instrument of financial control by _____________.
A:-Government
B:-Head of Department
C:-C & AG
D:-Legislature
Correct Answer:- Option-C
Question3:-State share of Service Tax collected by state forms a part of the ____________ of the state
A:-Consolidated fund
B:-Public fund
C:-Public account
D:-None of the above
Correct Answer:- Option-A
Question4:-Article ______________ of the Constitution of India deals with the duties and powers of the C & AG of India.
A:-194
B:-149
C:-158
D:-193
Correct Answer:- Option-B
Question5:-As per the provisions of the constitution contingency found of the state will be at the disposal of the ____________.
A:-President of India
B:-State Finance Minister
C:-The Governor of the State
D:-Chief Minister
Correct Answer:- Option-C
Question6:-Ways and means of Government means ______________.
A:-Income
B:-Expenditure
C:-Overdraft
D:-The method of maintaining the daily cash balance
Correct Answer:- Option-D
Question7:-Regularity Audit is a function of the ___________.
A:-Finance Department
B:-Chartered Accountant
C:-The C & AG of India
D:-None of the above
Correct Answer:- Option-C
Question8:-The _____________ of India consists of coins issued under the Indian Coinage Act 1906.
A:-Coins
B:-Bank notes
C:-Currency
D:-Rupee
Correct Answer:- Option-C
Question9:-___________ issued by Reserve Bank of India are legal tender throughout India.
A:-Pronotes
B:-Bills
C:-Pay orders
D:-Bank notes
Correct Answer:- Option-D
Question10:-The Rupee is ______________ upto any amount.
A:-Overdraft
B:-Legal tender
C:-Cash credit
D:-Bills of Exchange
Correct Answer:- Option-B
Question11:-_____________ issued one rupee notes in India.
A:-RBI
B:-SBI
C:-Central Government
D:-State Government
Correct Answer:- Option-C
Question12:-Article 268 of the Constitution deals with ______________.
A:-Stamp Duty
B:-Income Tax
C:-Sales Tax
D:-Wealth Tax
Correct Answer:- Option-A
Question13:-As per Article 270 of the constitution a percentage of the net proceeds of _____________ is assigned to the states.
A:-GST
B:-Sales Tax
C:-Income Tax
D:-Wealth Tax
Correct Answer:- Option-C
Question14:-1st April to 31st March is the __________ in India.
A:-Statutory period
B:-Period of Accounts
C:-Legal period
D:-None of the above
Correct Answer:- Option-B
Question15:-In India _____________ are kept on cash basis.
A:-Bank Accounts
B:-Personal Accounts
C:-Corporation Accounts
D:-Government Accounts
Correct Answer:- Option-D
Question16:-The expenditure made with the object of ___________ of material character is termed as capital expenditure.
A:-increasing perishable assets
B:-increasing concrete assets
C:-increasing current assets
D:-none of the above
Correct Answer:- Option-B
Question17:-The ___________ of a Government servant proceeding to join an office on transfer be debited to the office to which he is proceeding.
A:-Transit pay and allowances
B:-Dearness pay
C:-Arrear of pay
D:-None of the above
Correct Answer:- Option-A
Question18:-The ____________ of a Government Servant shall be debited to the same head as pay.
A:-Pension
B:-DCRG
C:-Travelling Allowance
D:-None of the above
Correct Answer:- Option-C
Question19:-The cost of ______________ taken up by acquisition of a new project shall be debited to capital account of the project.
A:-Administrative sanction
B:-Technical sanction
C:-Land
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D:-None of the above
Correct Answer:- Option-C
Question20:-Municipal rates and taxes on government buildings paid by PWD may be debited to the __________ of the building concerned.
A:-Capital
B:-Revenue
C:-Maintenance estimate
D:-None of the above
Correct Answer:- Option-C
Question21:-____________ is a Department recognized by the Central Government as commercial.
A:-Education
B:-Health
C:-Railways
D:-Defence
Correct Answer:- Option-C
Question22:-As a general rule recoveries from _____________ be treated as revenue and not as deduction from expenditure.
A:-Private persons
B:-Employees
C:-Other governments
D:-Debtors
Correct Answer:- Option-A
Question23:-The acceptance of __________ shall be regarded as a loss of cash.
A:-Bank Notes
B:-Counterfeit Coins
C:-Pay Orders
D:-Cash Orders
Correct Answer:- Option-B
Question24:-Forest revenue is an example of _____________.
A:-Direct Tax
B:-Indirect Tax
C:-Non-Tax Receipts
D:-None of the above
Correct Answer:- Option-C
Question25:-Executive Government is responsible for enforcing ______________ in the expenditure of Public Money.
A:-Economy
B:-Speed
C:-Balance
D:-None of the above
Correct Answer:- Option-A
Question26:-Audit against regularity ensures _______________ in Governmental expenditure.
A:-Rule of Law
B:-Propriety
C:-Economy
D:-Efficiency
Correct Answer:- Option-A
Question27:-The Audit will scrutiny the ______________ to see that they are not inconsistent with any provisions of the constititution.
A:-Accounts
B:-Rules and Orders
C:-Monthly Accounts
D:-Ledger Accounts
Correct Answer:- Option-B
Question28:-The Audit will investigate the ____________ of Government expenditure in Propriety Audit.
A:-Rules
B:-Laws
C:-Necessity
D:-None of the above
Correct Answer:- Option-C
Question29:-_______________ is the practical systematic management of the affairs of a project or scheme which assures minimum operating cost for carrying out functions and responsibilities.
A:-Economy
B:-Management
C:-Performance
D:-Administration
Correct Answer:- Option-A
Question30:-The audit of the initial accounts maintained in certain Government institutions and offices on the spot is called ____________.
A:-Annual Audit
B:-Local Audit
C:-Internal Audit
D:-None of the above
Correct Answer:- Option-B
Question31:-____________ of State commercial enterprises is an example of Non-Tax Revenues.
A:-Products
B:-Sales
C:-Services
D:-Surpluses
Correct Answer:- Option-D
Question32:-The __________ to conduct Receipt Audit is the C & AG in India.
A:-Obligation
B:-Statutory Authority
C:-Liability
D:-None of the above
Correct Answer:- Option-B
Question33:-_____________ is an example of State-Direct-Taxes.
A:-Income Tax
B:-Gift Tax
C:-Estate Duty
D:-Agricultural Income Tax
Correct Answer:- Option-D
Question34:-Interpretation of ____________ is a Judicial function.
A:-Accounts
B:-Balance sheet
C:-Law
D:-None of the above
Correct Answer:- Option-C
Question35:-It is not the duty of Audit to review a _____________ decision.
A:-Account
B:-Ledger
C:-Balance
D:-Judicial
Correct Answer:- Option-D
Question36:-_____________ frame one grant or appropriation to another grant or appropriation are not permissible.
A:-Transfers
B:-Deductions
C:-Reappropriations
D:-None of the above
Correct Answer:- Option-C
Question37:-For purposes of Public Works administration ____________ is generally divided into circles.
A:-India
B:-Districts
C:-States
D:-None of the above
Correct Answer:- Option-C
Question38:-The list of ___________ employed daily on work is recorded in Master roll.
A:-Materials
B:-Officers
C:-Engineers
D:-Labourers
Correct Answer:- Option-D
Question39:-Measurement Book is an initial account in the Public Works Department which is the basis of all accounts of ___________.
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A:-Cash
B:-Materials
C:-Employees
D:-Quantities
Correct Answer:- Option-D
Question40:-Works abstract records in detail the ____________, stock and other charges on each work.
A:-Cash
B:-Material
C:-Bank
D:-None of the above
Correct Answer:- Option-A
Question41:-A properly detailed _____________ is prepared for each work to be sanctioned by the competent authority. This sanction is known as Technical sanction.
A:-Drawing
B:-Plan
C:-Estimate
D:-Description
Correct Answer:- Option-C
Question42:-Unpriced articles in stores means materials required for ___________ purpose of an office.
A:-Audit
B:-Administrative
C:-Technical
D:-Ministerial
Correct Answer:- Option-B
Question43:-In Kerala the General Provident Fund Accounts of _____________ are maintained by
A:-Workers
B:-Government Servants
C:-Labourers
D:-None of the above
Correct Answer:- Option-B
Question44:-Accounts returns of subdivisional officers are generally examined by ___________.
A:-Divisional Accountant
B:-Divisional Officer
C:-Head Clerk
D:-Executive Engineer
Correct Answer:- Option-A
Question45:-The method of charging depreciation will be fixed by Executive after consultation with _____________.
A:-Government
B:-Audit
C:-Engineer
D:-None of the above
Correct Answer:- Option-B
Question46:-The interest charges on capital outlay are classified ordinarily under the ____________ of account.
A:-General Head
B:-Interest Head
C:-Loan Head
D:-None of the above
Correct Answer:- Option-A
Question47:-The Accountant General (A & E) maintains the Leave account of ____________.
A:-Government Officers
B:-Gazetted Government Servant
C:-Head of Department
D:-Head of Office
Correct Answer:- Option-B
Question48:-The term _____________ applies to generally all articles and materials purchased for use of Government.
A:-Materials
B:-Stock
C:-Stores
D:-None of the above
Correct Answer:- Option-C
Question49:-A fresh pay slip is issued by the Accountant General (A & E) to a Gazetted Officer __________.
A:-on retirement
B:-on termination
C:-on conviction
D:-whenever there is a change of any kind in emoluments
Correct Answer:- Option-D
Question50:-Entitlement function of Accountant General includes_____________.
A:-Local Audit
B:-Test Check
C:-Authorisation of Pay and Allowances
D:-None of the above
Correct Answer:- Option-C
Question51:-_____________ is payable to a Government servant on his retirement.
A:-DCRG
B:-Increment
C:-Leave commutation
D:-None of the above
Correct Answer:- Option-A
Question52:-A joint pension payment order is issued by the Accountant General when _____________.
A:-Retirement
B:-Termination
C:-Suspension
D:-Both Pension and Family Pension are reported
Correct Answer:- Option-D
Question53:-Receipt and Payment of money to ______________ is regulated by Article 283 of the Constitution.
A:-State Bank
B:-Reserve Bank
C:-Consolidated Fund
D:-Treasury
Correct Answer:- Option-C
Question54:-Pension payment orders are issued both to the ___________ and to the Treasury.
A:-Officer
B:-Employee
C:-Government
D:-Pensioner
Correct Answer:- Option-D
Question55:-_____________ keeps two separate accounts of cash transactions undertaken by it on behalf of State Government and Central Government.
A:-Indian Bank
B:-State Bank
C:-Reserve Bank
D:-Bank of India
Correct Answer:- Option-C
Question56:-The Accounts maintained by _____________ of Government to get the operation result is called Proforma Accounts.
A:-Finance Department
B:-Service Departments
C:-Commercial Undertakings
D:-Medical Departments
Correct Answer:- Option-C
Question57:-The _____________ Department is a commercial department for Accounting purpose.
A:-Taxes
B:-Revenue
C:-Agriculture
D:-State Water Transport
Correct Answer:- Option-D
Question58:-The _____________ of Government, kept in India shall be maintained in Indian Currency.
A:-Notes
B:-Accounts
C:-Deposits
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D:-Assets
Correct Answer:- Option-B
Question59:-The ___________ Accounts shall be kept in three parts.
A:-RBI
B:-SBI
C:-Government
D:-Rural Bank
Correct Answer:- Option-C
Question60:-The three main divisions of consolidated fund are (a) ____________ (b) Capital (c) Debt.
A:-Public debt
B:-Revenue
C:-Government debt
D:-Per capita debt
Correct Answer:- Option-B
Question61:-The main _____________ in the government accounts shall be major head.
A:-Point of classification
B:-Object of classification
C:-System of classification
D:-Unit of classification
Correct Answer:- Option-D
Question62:-The change of nomenclature of any of the existing heads shall require the approval of the _____________.
A:-Chief Minister
B:-C & AG
C:-Legislature
D:-None of the above
Correct Answer:- Option-B
Question63:-Expenditure which under the provisions of the Constitution is subject to the vote of the _____________ is called Voted Expenditure.
A:-People
B:-Legislature
C:-Employees
D:-None of the above
Correct Answer:- Option-B
Question64:-The Indian Audit and Account Order was issued during _____________.
A:-1936
B:-1926
C:-1946
D:-1956
Correct Answer:- Option-A
Question65:-Expenditure for purchase of _____________ are Revenue expenditure.
A:-Land
B:-Computers
C:-Building
D:-Gold
Correct Answer:- Option-B
Question66:-Expenditure by Government on ______________ to Local Bodies for the purpose of creating assets are Revenue Expenditure.
A:-Budget
B:-Grants-in-aid
C:-Appropriation
D:-Voted Grant
Correct Answer:- Option-B
Question67:-Expenditure incurred by Government for ___________ recurring liabilities are capital expenditure.
A:-Increasing
B:-Reducing
C:-Dividing
D:-Adding
Correct Answer:- Option-B
Question68:-Expenditure on additions and improvements of a project are ___________ expenditure.
A:-Revenue
B:-Changed
C:-Capital
D:-None of the above
Correct Answer:- Option-A
Question69:-____________ recovered on account of buildings by departments should be treated as revenue receipts of the department.
A:-Rates
B:-Taxes
C:-Depreciation
D:-Rent
Correct Answer:- Option-D
Question70:-A ___________ paid by a private party with the object of meeting the cost of construction by the PWD should be treated as revenue receipt.
A:-Taxes
B:-Contribution
C:-Fee
D:-None of the above
Correct Answer:- Option-B
Question71:-__________ of Revenue shall be taken in reduction of the revenue receipts under the major head concerned.
A:-Collection
B:-Omission
C:-Remission
D:-Refunds
Correct Answer:- Option-D
Question72:-Moneys advanced for miscellaneous purposes under special authority and recoverable in cash shall be adjusted under the head ____________.
A:-Loans
B:-Debts
C:-Credits
D:-None of the above
Correct Answer:- Option-D
Question73:-____________ Departments should be charged for office accommodation supplied by PWD.
A:-Finance
B:-Commercial
C:-Taxes
D:-Revenue
Correct Answer:- Option-B
Question74:-If a _________ claim be relinquished, the value of the claim shall not be recorded on the expenditure side as a specific loss.
A:-Expenditure
B:-Collected
C:-Receipt
D:-Omitted
Correct Answer:- Option-C
Question75:-If money due to Government has actually reached a Government servant and is then stolen it should be brought as a __________ into the Government fund first.
A:-Loss
B:-Receipt
C:-Gain
D:-Expenditure
Correct Answer:- Option-B
Question76:-When the cost of land was originally debited to __________ its sale proceeds should be credited to Capital Account.
A:-Expenditure
B:-Capital
C:-Revenue
D:-Real
Correct Answer:- Option-B
Question77:-All ___________ of cash should be recorded under separate heads in the accounts.
A:-Receipts
B:-Income
C:-Losses
D:-Expenditure
Correct Answer:- Option-C
Question78:-Coins are issued under Section _____________ of the Indian Coinage Act, 196.
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A:-14
B:-17
C:-24
D:-34
Correct Answer:-Question Cancelled
Question79:-The 50 paise coins is legal tender for any sum not exceeding __________ Rupees.
A:-100
B:-10
C:-1000
D:-50
Correct Answer:- Option-B
Question80:-A ____________ which is written off should be debited as contingent charge of the Department concerned.
A:-Loss of Furniture
B:-Loss of Cash
C:-Loss of Building
D:-Loss of Land
Correct Answer:- Option-B
Question81:-An over payment of pay shall be debited to the head ____________.
A:-Advance
B:-Allowance
C:-Debit
D:-None of the above
Correct Answer:- Option-D
Question82:-Government of India gives ____________ to the states as per Article 282 of the Constititution.
A:-Local funds
B:-Plan grants
C:-Revenue grants
D:-None of the above
Correct Answer:- Option-B
Question83:-His the duty of the ___________ to make recommendations regarding the distribution of Income Tax and union excise duties.
A:-Accountant General
B:-Finance Commission
C:-C and AG
D:-President of India
Correct Answer:- Option-B
Question84:-The President of India constitutes the __________ under Article 280 of the constitution.
A:-States
B:-Union Territories
C:-Finance Commission
D:-Service Commission
Correct Answer:- Option-C
Question85:-The ____________ of defence are prepared by the Financial Advisor of Defence services.
A:-Salary structure
B:-Arms estimates
C:-Budget estimates
D:-Final accounts
Correct Answer:- Option-C
Question86:-Receipt of money from the public and departmental officers for credit to Government is the function of _________.
A:-Cashier
B:-Treasury
C:-Bank
D:-RBI
Correct Answer:- Option-B
Question87:-The Sub-Treasuries are not required to _____________ the transaction occurring with them.
A:-Calculate
B:-Compile
C:-Record
D:-Account
Correct Answer:- Option-B
Question88:-The fundamental object of Audit is to secure real value for the ___________.
A:-Revenue collected
B:-Profit made
C:-Expenditure made
D:-Tax payers money
Correct Answer:- Option-D
Question89:-_____________ is by and large regularity and propriety audit.
A:-Internal Audit
B:-Performance Audit
C:-Central Audit
D:-Local Audit
Correct Answer:- Option-C
Question90:-The ___________ for Audit of Receipts is Comptroller and Auditor General of India.
A:-Officer
B:-Corporation
C:-Entity
D:-Statutory Authority
Correct Answer:- Option-D
Question91:-Irrigation receipt is a _____________ receipt.
A:-Non-tax
B:-Cess
C:-Capital
D:-Tax
Correct Answer:- Option-A
Question92:-A regular accounting of demands, collection and refunds are required for _____________.
A:-Revenue Receipts
B:-Capital Expenditure
C:-Capital Receipts
D:-Revenue Expenditure
Correct Answer:- Option-A
Question93:-The ____________ of the Central Government are prepared by the Accountant General - Central Revenues.
A:-Finance Accounts
B:-Expenditure Accounts
C:-Suspense Accounts
D:-None of the above
Correct Answer:- Option-A
Question94:-The Accounts of __________ are based in the main on the single entry system.
A:-Companies
B:-Corporations
C:-Local Bodies
D:-Government
Correct Answer:- Option-D
Question95:-Period of Accounts of Government is fixed by __________.
A:-C & AG
B:-Union Government
C:-Audit and Accounts Order 1936
D:-None of the above
Correct Answer:- Option-C
Question96:-In case of ____________ the assets produced should belong to the authority incurring the expenditure.
A:-Capital expenditure
B:-Government expenditure
C:-Revenue expenditure
D:-None of the above
Correct Answer:- Option-A
Question97:-____________ is the committee constituted for examining the Accounts and Audit Reports of Government.
A:-Estimate Committee
B:-Works Committee
C:-Public Accounts Committee
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D:-None of the above
Correct Answer:- Option-C
Question98:-The Tenure of Estimates Committee is _______________ year.
A:-5
B:-3
C:-2
D:-1
Correct Answer:-Question Cancelled
Question99:-____________ is precluded from examination and investigation of matters of day-to-day administration.
A:-Committee on Public Undertakings
B:-Works Committee
C:-Government Committee
D:-None of the above
Correct Answer:- Option-A
Question100:-The C & AG of India is regarded as a ____________ of the committees on Public Accounts and Public Undertakings.
A:-Advisor
B:-Authority
C:-Friend, Philosopher and Guide
D:-None of the above
Correct Answer:- Option-C
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