FINAL ANSWER KEY
Paper: Introduction to Indian Govt Accounts and Audit and the Consttution of India
Date of
Examination
05-10-2019
Question1:-No money can be withdrawn from the consolidated fund of a State Govt. until
A:-Appropriation Bill is presented to the legislative assembly
B:-Appropriation Act is passed
C:-Demands for Grants is passed
D:-Authorization is issued by AG
Correct Answer:- Option-B
Question2:-Cash balance of a Govt. comprises balances in its account with
A:-The RBI
B:-Balances in non-banking treasuries
C:-Balances at treasuries
D:-RBI and the balances at the non banking treasuries including sub treasuries
Correct Answer:- Option-D
Question3:-Cost of additional police guards provided to an irrigation project under construction is debitable to A:-Police department
B:-Finance department
C:-Public works department
D:-Project concerned
Correct Answer:- Option-D
Question4:-Any allotment or reappropriation within a grant may be authorized by the competent authority
A:-After the expiry of the financial year
B:-At any time
C:-Cannot be authorised except by the legislative assembly
D:-At any time before the expiry of the financial year
Correct Answer:- Option-D
Question5:-A supplementary estimate for a work is required when
A:-Item considered necessary for execution while a work is in progress and not fairly contingent on the proper execution of the work as first sanctioned
B:-When audit asks for it
C:-There is an excess of expenditure over original estimate
D:-When quantities exceed the estimated one
Correct Answer:- Option-A
Question6:-Technical sanction of an estimate of a work is a sanction
A:-Accorded by Govt.
B:-Accorded by any technical authority
C:-Accorded by competent technical authority to indicate that
D:-Accorded by Head of Dept.
Correct Answer:- Option-C
Question7:-The finance accounts of the Govt. are generally prepare how many part/parts
A:-one
B:-several
C:-three
D:-two parts - summarised statement and departmental accounts and other statements
Correct Answer:- Option-D
Question8:-A state may raise any loan without any restriction
A:-Only if state assembly gives permission
B:-The statement is not correct
C:-The statement is correct
D:-Cannot raise loans without the consent of the Govt. of India
Correct Answer:- Option-B
Question9:-Transactions that are recorded under Suspense Heads are
A:-Ultimately removed by payment or recovery in cash or book adjustment
B:-To remain for an indefinite period
C:-To remain till write off
D:-To remain till the close of the financial year
Correct Answer:- Option-A
Question10:-The main point in every fraud investigation must be to ascertain
A:-Person responsible for the fraud
B:-Who first detected the fraud
C:-Whether exercising ordinary common sense and application of existing rules would not have rendered the fraud impossible D:-The amount involved
Correct Answer:- Option-C
Question11:-The question of disqualification of legislative assembly will be finally decided by
A:-The Governor
B:-Election Commission
C:-Speaker
D:-Judiciary
Correct Answer:- Option-A
Question12:-The constitution provides for declaring financial emergency by the president when
A:-Foreign exchange reserve comes down
B:-He is satisfied that a situation has arisen whereby the financial stability or credit of India or any part of it, it threatened C:-There is break down of law and order
D:-Austerity measures fail to make desired impact
Correct Answer:- Option-B
Question13:-District Judge are appointed by the
A:-Chief Justice of the concerned High Court
B:-State Cabinet
C:-President of India
D:-Governor of the state
Correct Answer:- Option-D
Question14:-By which of the following article of the Indian Constitution Constitutional safeguard has been provided to public servants A:-Article 310
B:-Article 309
C:-Article 311
D:-Article 315
Correct Answer:- Option-C
Question15:-Which constitutional amendment made changes in the preamble to the Indian Constitution?
A:-42nd
B:-43rd
C:-44th
D:-45th
Correct Answer:- Option-A
Question16:-To see that no authority exercises its powers of sanctioning expenditure of pass an order which will be directly or indirectly to its own advantage is part and parcel of
A:-performance audit
B:-expenditure audit
C:-regulatory audit
D:-propriety audit
Correct Answer:- Option-B
Question17:-Audit is an instrument of
A:-Administrative control
B:-Executive control
C:-Departmental control
D:-Financial control
Correct Answer:- Option-D
Question18:-Who is regarded as a friend, philosopher and guide of the public accounts committee and committee on public undertakings? A:-Finance minister
B:-Chairman of the Rajya Sabha
C:-Comptroller and Audit General
D:-Speaker of Lok Sabha
Correct Answer:- Option-C
Question19:-All rules and standing orders of a financial character issued by State Govt. or by authorities subordinate to State Govt. are scrutinized finally by the
A:-Law department
B:-Accountant General of the state
C:-C & AG
D:-Finance department
Correct Answer:- Option-B
Question20:-While conducting propriety audit, audit will not only see whether there is
A:-Investigate the necessity for it
B:-There is a valid voucher
C:-The expenditure is covered by budget provision
D:-Head of a/c is correct
Correct Answer:- Option-A
Question21:-No person shall be eligible for appointment as Governor unless
A:-He is born in India and has completed 25 yrs of age
B:-He is a citizen of India and completed 35 yrs of age
C:-He is a citizen of India and completed 30 yrs of age
D:-His origin is in India and has completed 40 yrs of age
Correct Answer:- Option-B
Question22:-The attorney general shall hold office
A:-During the pleasure of the President
B:-For a tenure of five years
C:-For a tenure of three years
D:-For a tenure of 6 years
Correct Answer:- Option-A
Question23:-For payments of dues by one service dept. to another,
A:-It shall be through endorsed contingent bills
B:-The settlement should be by cash
C:-It shall be by transfer adjustments in books
D:-There shall be no monetary or accounting settlement
Correct Answer:- Option-D
Question24:-If the amount authorised by the legislature for a particular service in the current financial year is found to be in sufficient, demands laid before the legislature for additional fund is called
A:-Vote of credit
B:-Excess grant
C:-Supplementary demand for grants
D:-Revised demand
Correct Answer:- Option-C
Question25:-The authority to decide whether a particular dept. should be considered as a commercial dept. or not is
A:-government
B:-audit
C:-finance dept.
D:-audit
Correct Answer:- Option-A
Question26:-The treasuries are of two kinds
A:-Treasuries and additional sub treasuries
B:-Urban and rural
C:-Banking and Non-banking
D:-District treasury and Sub treasury
Correct Answer:- Option-C
Question27:-The Bin cards maintained in the stores is posted from the
A:-Invoices and delivery notes
B:-Goods received sheet and store indent
C:-Statements received from the A/c section
D:-None of the above
Correct Answer:- Option-B
Question28:-The Inspection Reports of A.G. on local audit of departmental offices deal with
A:-Important defects of procedure and financial irregularity and describing briefly the general state of accounts and the nature of financial control over transactions
B:-Ordinary procedure lapses
C:-Loss of revenue, if any, to Govt.
D:-Errors detected in accounts
Correct Answer:- Option-A
Question29:-"Vote of Account" is obtained from the legislative assembly
A:-To meet unforseen items of expenditure
B:-In the month of February every year
C:-On the expiry of every calendar year
D:-To make any grant in advance in respect of the estimated expenditure for a part of any financial year pending the passing of Appropriation Bill
Correct Answer:- Option-D
Question30:-When the office of the speaker is vacant, the duties of the office shall be performed by the Deputy Speaker or if the office of the deputy speaker is also vacant, by such member of the assembly as ____________ may appoint for the purpose.
A:-Leader of the House
B:-Chief Minister
C:-Governor
D:-Leader of opposition
Correct Answer:- Option-C
Question31:-If any question arises as to the age of a Judge of a High court, the question shall be decided by the A:-Chief Justice of the supreme court
B:-Chief justice of that High Court
C:-President after consultation with the chief justice of India and the decision of the president shall be final D:-Governor in consultation with the chief justice of H.C.
Correct Answer:- Option-C
Question32:-All balances under suspense head have to be reviewed
A:-one in a year
B:-at short intervals to secure that no item remains unadjusted longer than a reasonable period
C:-no review is contemplated
D:-once in two years
Correct Answer:- Option-B
Question33:-After the accounts of the year are closed, the finance accounts of each state are prepared by the A.G. concerned and submitted to C & AG for approval and transmission to
A:-State cabinet
B:-Speaker
C:-Finance dept.
D:-Governor of the states for being laid before legislature
Correct Answer:- Option-D
Question34:-A tax assessment is
A:-a quasi-judicial process
B:-a judicial process
C:-a process under general financial rules
D:-an administrative decision
Correct Answer:- Option-A
Question35:-Amount drawn from treasury for payment of rewards for destruction of wild animals is an example which of the following contingencies
A:-Contract
B:-Scale regulated
C:-Fully vouched
D:-Special
Correct Answer:- Option-B
Question36:-Deputy Chairman of the Rajya Sabha is appointed by
A:-The Chairman
B:-The President
C:-Elected by members of Rajya Sabha
D:-Chosen by drawing lots
Correct Answer:- Option-C
Question37:-Joint sittings of both the Houses of Parliament in certain cases may be convened by
A:-Speaker of Lok Sabha
B:-Prime Minister
C:-Chairman of the Rajya Sabha
D:-The President
Correct Answer:- Option-D
Question38:-The idea of the concurrent list is borrowed from
A:-Canadian constitution
B:-Australian constitution
C:-American constitution
D:-French constitution
Correct Answer:- Option-B
Question39:-How many subjects have been included in the 11th schedule of the constitution, under the jurisdiction of Panchayat Raj, institution A:-26
B:-27
C:-28
D:-29
Correct Answer:- Option-D
Question40:-Which article of the constitution declares Hindi as official language?
A:-Article 341
B:-Article 340
C:-Article 342
D:-Article 343
Correct Answer:- Option-D
Question41:-According to the article 75 of the constitution the ministers shall hold the office during the pleasure of A:-President
B:-Prime Minister
C:-Speaker of the Lok Sabha
D:-Chief Justice of India
Correct Answer:- Option-A
Question42:-Which Article of the constitution authorises the President of India to suspend fundamental rights? A:-Article 357
B:-Article 359
C:-Article 360
D:-Article 372
Correct Answer:- Option-B
Question43:-Approval of how many members of the Lok Sabha is needed to admit a non-confidence motion in the Lok Sabha A:-62
B:-222
C:-50
D:-112
Correct Answer:- Option-C
Question44:-Under which article of the Indian Constitution can the president of India be impeached A:-Article 60
B:-Article 70
C:-Article 61
D:-Article 62
Correct Answer:- Option-D
Question45:-The quorum required in the Rajya Sabha is
A:-32
B:-130
C:-128
D:-25
Correct Answer:- Option-D
Question46:-A writ which is the form of a command is
A:-Mandamus
B:-Certiorary
C:-Haebeouscorpus
D:-Prohibition
Correct Answer:- Option-A
Question47:-Equal justice and free legal aid is a directive principle mentioned in
A:-Article 39 A
B:-Article 39 B
C:-Article 38 A
D:-Article 38 B
Correct Answer:- Option-A
Question48:-Which article of the Indian constitution confers on parliament the power to amend the constitution? A:-Article 28
B:-Article 27
C:-Article 25
D:-Article 29
Correct Answer:- Option-A
Question49:-Money Bills can be introduced in the state legislature with the prior consent of
A:-Chief Minister
B:-Speaker
C:-Governor
D:-Opposition Leader
Correct Answer:- Option-C
Question50:-Which right is a constitutional right but not a fundamental right
A:-Right to the freedom of expression
B:-Right to travel any where in India
C:-Right to hold property
D:-None of the above
Correct Answer:- Option-C
Question51:-Rent recovered in respect of buildings in charge of departments other than PWD should be treated as A:-Receipt under housing
B:-Departmental receipts
C:-PWD receipt
D:-Miscellaneous income
Correct Answer:- Option-B
Question52:-Travel expenses of a Govt. Servant for travel on duty connected with an outside body is debited to A:-Same head as his pay
B:-Fund of the outside body
C:-Office contingencies
D:-None of the above
Correct Answer:- Option-B
Question53:-Power of municipalities to revy, collect and appropriate such taxes, duties, tolls and fees in accordance with such procedure and subject to such limits, is controlled by
A:-Director of Municipalities
B:-Municipal councils
C:-State Government
D:-Legislature by law
Correct Answer:- Option-D
Question54:-To replenish their cash balance as and when necessary. The State Governments, in terms of their agreements with the RBI, obtain A:-Special cash assistance
B:-Special advances
C:-Temporary Loans
D:-Ways and mean advances
Correct Answer:- Option-D
Question55:-In financial matters, each Head of Dept. is responsible for
A:-Compilation of accounts
B:-Collection of revenue and control of expenditure pertaining his department
C:-Collection of revenue
D:-Incurring expenditure against allotment
Correct Answer:- Option-B
Question56:-In the field of Govt. accounting, the end products are
A:-Monthly accounts and annual accounts
B:-Appropriation accounts
C:-Finance accounts
D:-Audit reports
Correct Answer:- Option-A
Question57:-Who is the Chief Accounting officer of the defense services?
A:-Reserve Bank Governor
B:-C & AG
C:-Financial advisor (Defense Services)
D:-None of the above
Correct Answer:- Option-C
Question58:-The service details of a State Govt. Gazetted officer is maintained by
A:-Secretary finance dept.
B:-Head of dept.
C:-Director of treasuries
D:-Accountant General (A & E)
Correct Answer:- Option-D
Question59:-The mass of the Govt. accounts being on cash basis is kept on
A:-Double entry
B:-Single entry
C:-Both
D:-None of the above
Correct Answer:- Option-B
Question60:-A four digit code has been assigned to the major heads in which of the following numericals A:-Arabic numerical
B:-Roman numerical
C:-Latin numerical
D:-Greek numerical
Correct Answer:- Option-A
Question61:-The field offices of the Indian Audit and Accounts Depts. are all headed by A:-C & AG
B:-Deputy AG
C:-Accountant General
D:-Integrated Finance Advisor
Correct Answer:- Option-C
Question62:-Detailed Appropriation Audit is conducted in how many stages
A:-3
B:-2
C:-5
D:-1
Correct Answer:- Option-B
Question63:-No money can be withdrawn from the consolidated fund of state
A:-Authorization is issued by AG
B:-Demands for grants are passed
C:-Appropriation Bill is presented to the legislative assembly
D:-Appropriation Act is passed
Correct Answer:- Option-D
Question64:-The High Courts are empowered to issue writs for the enforcement of Fundamental Rights under A:-Article 226
B:-Article 225
C:-Article 221
D:-Article 219
Correct Answer:- Option-A
Question65:-Which of the following writ means "to be informed"?
A:-Mandamus
B:-Certiorary
C:-Haebeous corpus
D:-None of the above
Correct Answer:- Option-B
Question66:-The supreme court of India has been vested with the power to review its judgement under Article A:-135
B:-134
C:-137
D:-136
Correct Answer:- Option-C
Question67:-According to which of the following constitution amendment, local self government was setup A:-44th Amendment Act
B:-71st Amendment Act
C:-72nd Amendment Act
D:-73rd Amendment Act
Correct Answer:- Option-D
Question68:-A proclamation under Article 356 must be passed by both houses of Parliament within A:-within 6 months
B:-3 months
C:-9 months
D:-2 months
Correct Answer:- Option-D
Question69:-Which of the Fundamental Rights cannot be suspended during the proclamation of national emergency? A:-Article 14 and 15
B:-Article 16 and 17
C:-Article 20 and 21
D:-Article 18 and 19
Correct Answer:- Option-C
Question70:-Rajya Sabha can hold money bills for a maximum period of
A:-One month
B:-14 days
C:-90 days
D:-45 days
Correct Answer:- Option-B
Question71:-The Indian Independence Act, 1947 has been repealed by
A:-Article 395
B:-Article 385
C:-Article 396
D:-Article 394
Correct Answer:- Option-A
Question72:-Tax collected by govt. are classified under
A:-Consolidated fund
B:-Contingency fund
C:-Public Account
D:-None of the above
Correct Answer:- Option-A
Question73:-Tax collected by Govt. are classified under
A:-Public account
B:-Contingency fund
C:-State fund
D:-Consolidated fund
Correct Answer:- Option-D
Question74:-Vote of legislature is not required for the withdrawal of money from Public Account A:-False
B:-True
C:-Partially true
D:-None
Correct Answer:- Option-B
Question75:-The treasury rule of each state is issued under which article of the constitution of India
A:-Article 356
B:-Article 305
C:-Article 283
D:-Article 300
Correct Answer:- Option-C
Question76:-Kerala Account Code is issued in how many volumes
A:-6
B:-5
C:-3
D:-4
Correct Answer:- Option-C
Question77:-The acceptance of counterfeit notes or coins shall be regarded as a loss of cash as per
A:-Not 1 to Art. 82 of the K.A. Code Vol. I
B:-Art. 7 A of the K.A. Code Vol. I
C:-Art. 12 of the K.A. Code Vol. I
D:-Art. 80 of the Kerala Account Code Vol. I
Correct Answer:- Option-A
Question78:-The contingency fund of the state is intended for
A:-Disbursing pensionary benefits of employees
B:-Enabling advances for meeting unforseen expenditure
C:-Implementation of developmental works in local Self Govt. Institutions
D:-Implementation of developmental activities at Govt. level
Correct Answer:- Option-B
Question79:-The service book of a Govt. servant is checked in
A:-Treasuries
B:-Central Audit
C:-Local audit
D:-Head of dept.
Correct Answer:- Option-C
Question80:-The liability for the payment of Leave Salary and allowances in respect of E.L. surrendered by the State Govt. employees on deputation to the Central Govt. is of the
A:-Central Govt.
B:-50% each by central and state govt.
C:-75% by central govt. and 25% by state govt.
D:-State Govt.
Correct Answer:- Option-D
Question81:-A loss of cash which is written off under the orders of a competent authority should be debited as which of the following charges A:-Unforseen expenses
B:-Contingent charges
C:-Establishment charges
D:-Office expenses
Correct Answer:- Option-B
Question82:-Purchase of vehicles for office use is accounted under the detailed head
A:-Office expenses
B:-Major works
C:-Minor works
D:-Motor vehicles
Correct Answer:- Option-A
Question83:-The expenditure of legal services is accounted under
A:-Salaries
B:-Office expenses
C:-Professional charges
D:-Hospitality expenses
Correct Answer:- Option-C
Question84:-Capital expenditure is usually met from
A:-Sinking fund
B:-Reserve fund
C:-Contingency fund
D:-Borrowed funds
Correct Answer:- Option-D
Question85:-The C and AG of India can be removed from the office in the like manner and on the like ground as a A:-Judge of the High Court
B:-Judge of the Supreme Court
C:-Chief Vigilance Commission
D:-Chief Election Commission
Correct Answer:- Option-B
Question86:-Which is known as Budget?
A:-Annual financial statement
B:-Financial review
C:-Appropriation Act
D:-Performance budgeting
Correct Answer:- Option-A
Question87:-The word 'Auditor' derived from the word
A:-Authority
B:-Audit
C:-Audire
D:-Account
Correct Answer:- Option-C
Question88:-The functions of C & AG are described in
A:-Constitution of India
B:-Kerala Treasury Code
C:-Kerala Account Code Vol. I
D:-Introduction to Indian Govt. Audit
Correct Answer:- Option-D
Question89:-Outstanding feature of democracy is accountability of administration to the A:-Cabinet
B:-Legislature
C:-Judiciary
D:-Executive
Correct Answer:- Option-B
Question90:-The Authority to decide a particular classification as revenue or deduction from expenditure is A:-C & AG
B:-Accountant General (A and E)
C:-Governor
D:-Finance dept.
Correct Answer:- Option-A
Question91:-The refund of Revenue deals with which of the following articles of the KAC Vol. I A:-Article 37 A
B:-Article 35
C:-Article 39
D:-Article 29
Correct Answer:- Option-B
Question92:-The Authority to the final decision to classify a plant as ordinary and special is A:-The Chief Engineer having jurisdiction
B:-The Mechanical Engineer
C:-The Audit
D:-The Executive
Correct Answer:- Option-D
Question93:-The ledger for transactions of the State Govt. is maintained by
A:-State Performance Auditor
B:-The Finance Secretary
C:-Accountant General (A & E)
D:-None
Correct Answer:- Option-C
Question94:-Of the following, which one's accounts are not being maintained by the Accountant General A:-Railway
B:-Parliament
C:-Foreign Services
D:-State Govt.
Correct Answer:- Option-A
Question95:-The Provident Fund of employees are credited in
A:-General Revenue
B:-Contingency fund
C:-Public accounts
D:-Consolidated funds
Correct Answer:- Option-C
Question96:-Of the following which is not a part of Govt. accounts
A:-Public accounts
B:-Proforma accounts
C:-Consolidated fund
D:-Contingency fund
Correct Answer:- Option-B
Question97:-Reduction of debt through sinking fund is called
A:-Amotisation
B:-Balancing
C:-Over draft
D:-Balancing
Correct Answer:- Option-A
Question98:-When the contractors are the suppliers which tender system is being adopted? A:-Direct single tender
B:-Negotiation
C:-Limited tender
D:-Open tender
Correct Answer:- Option-D
Question99:-All Govts. follow the same code upto which level
A:-Minor head
B:-Major head
C:-Detailed object head
D:-Object head
Correct Answer:- Option-A
Question100:-"New Service" means
A:-A scheme newly introduced
B:-Scheme implemented out of loans C:-A scheme not included in the budget D:-Scheme does not need the vote of legislature Correct Answer:- Option-C