FINAL ANSWER KEY
Paper: Kerala Financial Code & Kerala Budet Manual
Date of
Examination
20-10-2019
Question1:-Under which article of the Constitution of India, Budget is presented in the State Assembly A:-Art 204
B:-Art 202
C:-Art 243 C
D:-Art 112
Correct Answer:- Option-B
Question2:-The Contingency Fund of the State has been created under which article of the Constitution of India? A:-Art 202
B:-Art 112
C:-Art 267 (2)
D:-Art 205
Correct Answer:- Option-C
Question3:-Under whose disposal is the Contingency Fund of the State Government?
A:-The Chief Minister
B:-The Governor
C:-The Finance Minister
D:-The Chief Secretary to Government
Correct Answer:- Option-B
Question4:-According to five-tier system of classification of Government accounts which forms the second tier of classification? A:-Minor head
B:-Major head
C:-Sub head
D:-Detailed head
Correct Answer:- Option-B
Question5:-Whose approval is necessary for the introduction of a new major head?
A:-The Accountant General (Accounts and Entitlements)
B:-The Accountant General (Audit)
C:-The Comptroller and Auditor General of India
D:-Ministry of Finance, Government of India
Correct Answer:- Option-C
Question6:-What is the sole legal authority for incurring expenditure from the consolidated Fund?
A:-Appropriation Act
B:-Appropriation Bill
C:-Finance Bill
D:-Vote on account
Correct Answer:- Option-A
Question7:-Which marks the conclusion of the second stage of the budgetary cycle?
A:-Execution of Budget
B:-Preparation of Budget
C:-Review of Budget
D:-Passing of Budget
Correct Answer:- Option-D
Question8:-Which Legislative Committee is responsible to suggest alternative policies in order to bring about efficiency and economy in administration?
A:-Committee on Estimates
B:-Committee on Public Accounts
C:-Committee on Public Undertakings
D:-Subject Committee
Correct Answer:- Option-A
Question9:-In a parliamentary system of Government, control over expenditure is exercised by
A:-Legislature, Judiciary and Audit
B:-Executive, Judiciary and Audit
C:-Legislature and Audit
D:-Legislature, Executive and Audit
Correct Answer:- Option-D
Question10:-In which budget document the statement showing the assets and liabilities of Government is included? A:-Annual Financial Statement
B:-Detailed Budget Estimates of Revenue
C:-Explanatory Memorandum on the Budget
D:-Demand for grants and detailed Budget Estimates
Correct Answer:- Option-C
Question11:-Among the following officers who is not authorised to incur Secret Service expenditure?
A:-Director General of Police
B:-Commissioner of Excise
C:-Commissioner of Entrance examination
D:-Controller of Examinations, Kerala Public Service Committee
Correct Answer:- Option-D
Question12:-Which authority is entrusted with the duty of conducting audit of Secret Service expenditure? A:-Controlling Officer nominated by the Government
B:-The Accountant General (Audit)
C:-The Accountant General (Accounts and Entitlements)
D:-The Secretary to Government, General Administration Department
Correct Answer:- Option-A
Question13:-When does an appropriation lapse?
A:-At the close of the calendar year
B:-At the close of the Financial year
C:-It will not lapse
D:-It will lapse if no expenditure is incurred during the first quarter of the financial year
Correct Answer:- Option-B
Question14:-What is the period of limitation of arrear claims of pay and allowances including leave salary? A:-7 years from the date when the claims fell due for payment
B:-3 years from the date when the claims fell due for payment
C:-5 years from the date when the claims fell due for payment
D:-2 years from the date when the claims fell due for payment
Correct Answer:- Option-C
Question15:-The first replies to inspection report of the Accountant General should be send within ________ from the date of receipt of the inspection report.
A:-Two months
B:-Two weeks
C:-Three weeks
D:-Four weeks
Correct Answer:- Option-D
Question16:-Every transfer of charge of a Gazetted officer should be reported by the Officer concerned by post on the _________ day to the Accountant General.
A:-Same day
B:-Within three working days
C:-Within a week
D:-Within ten working days
Correct Answer:- Option-A
Question17:-From among the following whose travelling allowance bill requires countersignature
A:-Deputy Speaker, Legislative Assembly
B:-Deputy Secretary to Government, General Administration Department
C:-District Collector
D:-Vice-Chairman, State Planning Board
Correct Answer:- Option-B
Question18:-Building tax of a building hired by Government for office accommodation should be paid by
A:-Government
B:-50:50 basis by the owner and the Government
C:-The owner of the building
D:-Either Government or owner according to the Rent agreement
Correct Answer:- Option-C
Question19:-Forsaking of recovery of over payment and other similar claims without exploring all possible means of recovery is known as A:-Remission
B:-Write off
C:-Waiver of revenue
D:-Loss of Government money
Correct Answer:- Option-C
Question20:-A person, syndicate of firm that has entered into a contract with the Government is called
A:-An agent
B:-Manager
C:-Trustee
D:-Contractor
Correct Answer:- Option-D
Question21:-The first stage to be taken by an officer who has to purchase stores for the Public Service is to
A:-Nominate an officer to oversee the whole purchase
B:-Ascertain whether funds are available for payment when supplies are made
C:-To prepare an annual indent of stores required during the next financial year
D:-Approximate price of the articles required may be ascertained from the open market
Correct Answer:- Option-C
Question22:-Travelling Allowance claims requiring counter signature becomes requiring counter signature becomes due for payment on A:-Immediately after the close of the month in which journey is performed
B:-On the date on which it is signed by the Drawing and Disbursing Officer
C:-After two months from the date of travel
D:-The last date of the month in which the journey is performed
Correct Answer:- Option-A
Question23:-Whose responsibility is it to execute normally all original electrical works connected with Government buildings? A:-Head of Department occupying the building
B:-Licensed Electrical Contractors
C:-Electrical Inspectorate
D:-Electrical wing of the Public Works Department (Buildings and Roads)
Correct Answer:- Option-D
Question24:-Of the following allowances paid to Government servants, which one is not exempted from Court attachment? A:-House rent allowance
B:-Personal allowance
C:-Uniform allowance
D:-All kinds of Travelling allowance
Correct Answer:- Option-B
Question25:-When a Government servant is transferred from one office to another his Service Book should be made available to the new officer
A:-In any case within one month of the transfer
B:-Within two weeks of the date of order
C:-As early as possible
D:-May be entrusted to the office transferred in a sealed cover with instruction to hand over it to the new Head of Office Correct Answer:- Option-A
Question26:-Of the following advances of Government Servants which one is interest free?
A:-Cycle advance
B:-Scooter advance
C:-Mosquito net advance
D:-Marriage advance
Correct Answer:- Option-C
Question27:-What is the maximum amount of advance that can be sanctioned to eligible Class IV employees to meet the marriage expenses of their female children?
A:-Rs. 30,000
B:-Rs. 75,000
C:-Rs. 1,00,000
D:-Rs. 1,50,000
Correct Answer:- Option-D
Question28:-Of the following who is not competent to sanction discretionary grants?
A:-Governor
B:-District Collector
C:-Chief Engineer
D:-Tahsildar
Correct Answer:- Option-C
Question29:-Which Department of the State Government is authorized to settle Rate contracts?
A:-Stores Purchase Department
B:-Finance Department
C:-Major Heads of Departments
D:-Stationery Department
Correct Answer:- Option-A
Question30:-Under the rules in what forms cost of tender forms can be accepted?
A:-Bank cheques
B:-Cash or money order
C:-Postal orders
D:-Bank drafts
Correct Answer:- Option-B
Question31:-In response to a tender if two or more well-konwn firms offer an article at the same rate and similar conditions the contract may be A:-Contract may be awarded to the firm which has supplied the article earlier
B:-Fresh tenders may be invited with wide publicity
C:-One of the firms may selected by tossing a coin
D:-Contract may be divided equally among the tenderers
Correct Answer:- Option-D
Question32:-Annual indent for stores shall be prepared on the basis of the consumption during the
A:-Previous one year
B:-Previous two year
C:-Previous three to five year
D:-On the basis of actual consumption during the last six months
Correct Answer:- Option-C
Question33:-Expenditure incurred with the object of increasing concrete assets of a material and permanent character is A:-Revenue Expenditure
B:-Capital Expenditure
C:-Charged Expenditure
D:-Voted Expenditure
Correct Answer:- Option-B
Question34:-How long should the Register of Recoveries be preserved?
A:-40 years
B:-25 years
C:-15 years
D:-10 years
Correct Answer:- Option-A
Question35:-Apart from Police personnel, officers of which other department are permitted to avail the benefit of Motor warrant when they are required to travel on duty?
A:-Forest and Wildlife Department
B:-Excise Department
C:-Fire and rescue Services Department
D:-Prisons Department
Correct Answer:- Option-B
Question36:-Wages of labourers drawn on muster rolls should be paid
A:-Daily
B:-Once a week
C:-Every Friday
D:-Once a month
Correct Answer:- Option-D
Question37:-How many methods can be adopted for execution of works?
A:-Three methods
B:-Four methods
C:-Five methods
D:-Two methods
Correct Answer:- Option-C
Question38:-A complete physical verification of the stock in the Stationery department be made
A:-Every half year
B:-Every three year
C:-Every year
D:-Every two year
Correct Answer:- Option-D
Question39:-Recoveries from a Government servant should not ordinarily be made at a rate not exceeding
A:-One third of his pay
B:-One half of his pay
C:-One fourth of his pay
D:-Two third of his pay
Correct Answer:- Option-A
Question40:-Earnest money deposit made by intending tenders in all departments are credited to
A:-Revenue Deposit
B:-Security Deposit
C:-Personal Deposit
D:-Public Works Deposit
Correct Answer:- Option-B
Question41:-When non-gazetted officers are officiating in gazette appointments, their Service Books should be kept by A:-Accountant General (A & E)
B:-Personnel and Administrative Reforms Department
C:-Head of the Department
D:-Head of office to which the officer belongs
Correct Answer:- Option-D
Question42:-Whose duty is to maintain a record of supernumerary posts
A:-Accountant General (A & E)
B:-Finance Department
C:-Accountant General (Audit)
D:-Head of Department
Correct Answer:- Option-D
Question43:-Earnest Money deposit required in respect of supply of articles from Sector Public Section Industries is A:-No Earnest Money is required
B:-5% of the cost of the articles
C:-1% of the cost of the articles
D:-3% of the cost of the articles
Correct Answer:- Option-A
Question44:-Advance for removal of encroachments is drawn by
A:-District Collector
B:-Tahsildar
C:-Sub Collector
D:-Circle Inspector of Police
Correct Answer:- Option-B
Question45:-Condemned stores which are quite worthless should be
A:-Kept for two years
B:-Produced before the Inspection Party/AG
C:-Sold after taking orders from Head of Office
D:-Destroyed
Correct Answer:- Option-D
Question46:-In the case of purchases of heavy, machinery, imported goods etc which cannot be obtained without wide publicity, tender notices may be published in addition to Government Gazette in
A:-The Times of India, Mumbai Edition
B:-The Statesman, New Delhi Edition
C:-The Indian Trade Journal, Kolkata
D:-The Hindu, Chennai
Correct Answer:- Option-C
Question47:-Payment for stores purchased should not be delayed for more than __________ from the date of receipt of stores. A:-90 days
B:-60 days
C:-45 days
D:-30 days
Correct Answer:- Option-D
Question48:-If a Government execute work for another Government or local body or private party _________ is recovered. A:-Adminitrative charges
B:-Centage charges
C:-Service charges
D:-Contingent charges
Correct Answer:- Option-B
Question49:-Expenditure on ceremonies connected with the inauguration of important works like laying foundation stones of Public buildings, opening of canals or bridges etc. should be arranged by
A:-Local Enthusiasts
B:-The contractor who had carried out the work
C:-The Public Works (B & R) Department
D:-The General Administration Department
Correct Answer:- Option-A
Question50:-To whom the holder of a Permanent advance should submit an acknowledgement of it on the 15th April of every year? A:-The head of Department
B:-The Secretary to Government of the Administrative Department concerned
C:-The Accountant General
D:-The Director of Treasury
Correct Answer:- Option-C
Question51:-Amount attached from salaries is deposited in
A:-Criminal Government deposits
B:-Revenue Deposits
C:-Personal Deposit
D:-Civil Court Deposits
Correct Answer:- Option-D
Question52:-A single payment made to a contractor in full settlement of accounts relating to his contract when the contract is complete or determined
A:-First and Final payment
B:-Final Payment
C:-Final sanction
D:-Special payment
Correct Answer:- Option-A
Question53:-The maximum amount of House building advance to Government employees since 01.04.2016 is A:-Rs. 10 lakhs
B:-Rs. 20 lakhs
C:-Rs. 15 lakhs
D:-Rs. 7.5lakhs
Correct Answer:- Option-B
Question54:-The entire salary of an employee can be deducted if the dues related to
A:-Court attachment
B:-Hospital stoppages
C:-Co-operative Societies
D:-LIC premium
Correct Answer:- Option-C
Question55:-The period of preservation of Security registers is
A:-10 complete years
B:-20 complete years
C:-35 complete years
D:-45 complete years
Correct Answer:-Question Cancelled
Question56:-Grant may be awarded to the libraries for the construction of building and purchase of furniture not exceeding A:-50% of the estimated cost
B:-60% of the estimated cost
C:-70% of the estimated cost
D:-80% of the estimated cost
Correct Answer:- Option-A
Question57:-According to Article 290A of the Constitution of India what is the annual contribution payable to the Travancore Devaswom Board? A:-Rs. 60 lakhs
B:-Rs. 46.5 lakhs
C:-Rs. 57.5 lakhs
D:-Rs. 80 lakhs
Correct Answer:- Option-B
Question58:-Whose sanction is required for the purchase of an elephant?
A:-The Chief Conservator of Forest and Wildlife Department
B:-The Director of Animal Husbandry Department
C:-The Government
D:-The Director, Museum and Zoos
Correct Answer:- Option-C
Question59:-In deserving cases the family of an officer dying in harness will be paid T.A at what rate? A:-50% of the cost of transportation of the dead body by an ambulance
B:-Full expenses claimed by his family
C:-A sum of Rs. 5,000 will be paid to the family towards T.A
D:-An amount equal to T.A after retirement from the place of duty to the palce of residence
Correct Answer:- Option-D
Question60:-The charges of washing the uniforms supplied to last grade servants may be met from
A:-Uniform allowance
B:-Other charges
C:-Office expenses
D:-Clothing, Uniforms and liveries
Correct Answer:- Option-C
Question61:-Abandonment of revenue arising from taxation laws, services rendered etc. without exhausting all avenues of recovery is A:-Waiver of receipts
B:-Remission of Revenue
C:-Write off
D:-Liquidation of Liabilities
Correct Answer:- Option-B
Question62:-Claim from medical reimbursement becomes due on the date of
A:-Completion of treatment as shown in the Essentiality Certificate
B:-At the close of the month
C:-On the date on which the Government Employee submits the claim with supporting documents D:-From the date on which the details of the claim is verified by the Sanctioning Authority
Correct Answer:- Option-A
Question63:-All contracts should be in the form of written agreements expressed to be made by
A:-The Chief Engineer (B & R)
B:-The Secretary to Government, Public Works Department
C:-The Finance Minister
D:-The Governor
Correct Answer:- Option-D
Question64:-The sanction to a temporary appointment or establishment for which the period is not specified shall be renewed A:-Annually
B:-Every three months
C:-Every six months
D:-Every four months
Correct Answer:- Option-C
Question65:-How many Audit Objection Registers can be maintained in an office?
A:-One each for every section
B:-Only one for the whole office
C:-One each for every audit objection
D:-One each for every Financial year
Correct Answer:- Option-B
Question66:-If a Government servant died at 7 a.m on 10.01.2019 pay upto which date can be drawn A:-10.01.2019
B:-09.01.2019
C:-31.01.2019
D:-14.01.2019
Correct Answer:- Option-A
Question67:-The date by which every Head of Department should submit annually a statement showing all the amounts written off during the preceding financial year
A:-10th April
B:-15th May
C:-1st June
D:-15th June
Correct Answer:- Option-C
Question68:-The transfer pay advance should be recovered in
A:-Five equal instalments
B:-Three equal instalments
C:-Two equal instalments
D:-Ten equal instalments
Correct Answer:- Option-B
Question69:-Who is the authority competent to sanction House Building Advance in the case of joint application submitted by the husband working in Collectorate and wife working in Industries detpartment?
A:-District Collector
B:-Director of Industries Department
C:-Either (1) or (2) above
D:-Government in the Finance Department
Correct Answer:- Option-D
Question70:-The journey made by foot for __________ kms by road shall be regarded as a fully day's journey.
A:-24 Km
B:-30 Km
C:-15 Km
D:-25 Km
Correct Answer:- Option-A
Question71:-Which independent authority is authorised to audit Government accounts of each year
A:-Director State Audit Department
B:-Inspection Wing of the Finance Department
C:-Comptroller and Auditor General of India
D:-Internal Audit wing of each department
Correct Answer:- Option-C
Question72:-Is it permissible to cancel or modify the order sanctioning an advance from the Contingency Fund? A:-Not permissible
B:-Permissible
C:-If the amount of the advance exceeds Rs. 5 crore it is permissible
D:-If the AG (A & E) also concurs to the proposal it is permissible
Correct Answer:- Option-B
Question73:-If a page is left blank in a measurement book it should be left blank by drawing
A:-Straight line
B:-Cross line
C:-Dotted line
D:-Diagonal line
Correct Answer:- Option-D
Question74:-If the treasury is not in a faraway place the daily collection of each officer should be remitted into the treasury A:-Once in a week
B:-Next working day
C:-Every Friday
D:-Last working day of the month
Correct Answer:- Option-B
Question75:-In a rate contract which of the following is not mentioned?
A:-Quantity
B:-Contract period
C:-Price of article
D:-Quality of item
Correct Answer:- Option-A
Question76:-Which Department is authoized to issue Kerala Budget Manual?
A:-General Administration Department
B:-Personnel and Administrative Reforms Department
C:-Finance Department
D:-State Audit Department
Correct Answer:- Option-C
Question77:-Review of Budget is done by
A:-The Accountant General (Audit)
B:-The Chief Secretary to Government
C:-The Finance Minister
D:-Legislative Committee
Correct Answer:- Option-D
Question78:-Under which part of the Government accounts the transactions relating to debt, deposits, advances, remittances and suspense are included?
A:-Part IV
B:-Part II
C:-Part III
D:-Part I
Correct Answer:- Option-C
Question79:-In the Public account which capital letter refers to Remittances?
A:-L
B:-M
C:-J
D:-K
Correct Answer:- Option-B
Question80:-Each major head is allotted a code no which is a ____________ digit Arabic number for identification. A:-Four
B:-Two
C:-Three
D:-Five
Correct Answer:- Option-A
Question81:-Letter of credit are issued for ___________ months at a time.
A:-Six months
B:-Four months
C:-Two months
D:-Three months
Correct Answer:- Option-D
Question82:-The estimates of expenditure not charged on the Consolidated Fund of the State are submitted to the Assembly in the form of A:-New Schemes
B:-Explanatory memorandum
C:-Demand for grants
D:-Appropriation bill
Correct Answer:- Option-C
Question83:-Expenditure on leave travel concession to the staff should be debited to the detailed head
A:-Travel expenses
B:-Salaries
C:-Office expenses
D:-Other charges
Correct Answer:- Option-B
Question84:-A subject administered by the State Government on behalf of the Union Government is known as A:-Agency Subject
B:-Fiscal Services
C:-Deposit Account
D:-Union Subject
Correct Answer:- Option-A
Question85:-The Contingency Fund of the State is held by
A:-The Minister Finance
B:-The Chief Secretary to Government
C:-The Accountant General (A & E)
D:-The Secretary to Government, Finance Department
Correct Answer:- Option-D
Question86:-Annual Financial Statement is presented in the legislative Assembly by
A:-The Chief Secretary to Government
B:-The Finance Secretary to Government
C:-The Minister Finance
D:-The Chief Minister
Correct Answer:- Option-C
Question87:-The amount of estimate in respect of each detailed head of account should be rounded to the A:-Nearest thousand
B:-Nearest hundred
C:-Nearest ten
D:-No rounding is necessary
Correct Answer:- Option-B
Question88:-Government accounts are kept in
A:-Four parts
B:-Three parts
C:-Two parts
D:-Six parts
Correct Answer:- Option-B
Question89:-Who is the Estimating Officer in respect of the All India Services Provident Fund?
A:-Finance Department
B:-Accountant General
C:-Director of Treasuries
D:-General Administration (Special A) Department
Correct Answer:- Option-B
Question90:-A grant made by the Legislative Assembly to regularise expenditure incurred on any previous financial year over and above the amounts granted for a service during that is known as
A:-Excess grant
B:-Supplementary grand
C:-Additional grant
D:-Special grant
Correct Answer:- Option-A
Question91:-Transfer of funds from one unit of appropriation to another such unit is known as
A:-Additional grant
B:-Reappropriation
C:-Appropriation control
D:-Supplementary grant
Correct Answer:- Option-B
Question92:-Under which demand comes 2014-Administration of Justice
A:-Demand No XX
B:-Demand No XV
C:-Demand No VII
D:-Demand No III
Correct Answer:- Option-D
Question93:-How often the Audit Objection Registrar should be reviewed by the Head of Office?
A:-Weekly
B:-Fortnightly
C:-Monthly
D:-Bi-monthly
Correct Answer:- Option-C
Question94:-Which of the following financial principles is not true?
A:-Inevitable payments should not be postponed
B:-All appropriations do not lapse at the close of the Financial year
C:-Money paid should not be kept out of accounts
D:-All actual liabilities should be ascertained, liquidated and payment rewarded at the earliest
Correct Answer:- Option-B
Question95:-Who is the authorized authority for sanctioning ex-gratia payment to Government sustainging injury while on duty? A:-Government in the Advance Department on the recommendations of the Head of Department and the Medical Board B:-Government in the Finance Department
C:-Head of Department
D:-Government in the General Administration Department
Correct Answer:- Option-A
Question96:-What is the maximum extent of liabilities of Government servants who die in harness that can be written off A:-Upto Rs. 5 lakhs
B:-Upto Rs. 3 lakhs
C:-No limit
D:-Upto Rs. 2 lakhs
Correct Answer:- Option-D
Question97:-Who is the authorized custodian of valuable documents like deeds of buildings purchased by Government and bonds of endowments made?
A:-Chief Secretary to Government
B:-Head of Department which occupies the building
C:-Chief Engineer (B & R)
D:-Director of Treasuries
Correct Answer:- Option-A
Question98:-A Government servant who starts a work immediately on the occurrence of some sudden unforeseen emergency such as breaching of the bund of an irrigation work, should report the fact at once to
A:-His immediate superior
B:-Head of Office
C:-Accountant General
D:-His immediate superior and Accountant General
Correct Answer:- Option-D
Question99:-If the expenditure under the head of account is likely to exceed the appropriation, warning slips are issued by A:-Accountant General
B:-Chief Controlling Officer
C:-Finance Department
D:-Director of Treasuries
Correct Answer:- Option-A
Question100:-The power of the State Legislature to make a grant for meeting an unexpected demand upon the resources of the State is known as A:-Vote of Credit
B:-Vote of Account
C:-Excess grant
D:-Supplementary grant
Correct Answer:- Option-A