FINAL ANSWER KEY
Paper: Kerala Financial Code (Paper II)
Medium of Question: English
Date of Examination 23-03-2019
Question1:-Who is the competent authority to sanction an advance of travelling allowance for a non gazatted officers?
A:-Head of Dept
B:-Head of office
C:-Treasury Officer
D:-Govt.
Correct Answer:- Option-B
Question2:-______ is the original record of a actual measurement of a public work.
A:-Estimate
B:-Stock Register
C:-Muster Roll
D:-None of the above
Correct Answer:- Option-D
Question3:-__________ percent of the total cost of the article shall be deposited as Earnest money Deposit by tenderer.
A:-One
B:-Two
C:-Five
D:-Ten
Correct Answer:- Option-A
Question4:-Warning slip is issued by whom?
A:-Finance Secretary
B:-Chief Secretary
C:-Accountant General
D:-State Audit Director
Correct Answer:- Option-C
Question5:-Which is the last tier classification of Govt Account?
A:-Minor Head
B:-Detailed Head
C:-Sub Head
D:-Sub-major Head
Correct Answer:- Option-B
Question6:-KFC form 44 is a certificate showing __________.
A:-Details of Recovery of Advance
B:-Details of estimate
C:-Utilisation of Grant-in-Aid
D:-Stock of Furniture
Correct Answer:- Option-C
Question7:-Which of the following is not controlling public expenditure?
A:-Legislature
B:-Judiciary
C:-Audit
D:-Executive
Correct Answer:- Option-B
Question8:-Kerala Contingency Fund Act was passed in year ________.
A:-1971
B:-1950
C:-1957
D:-1961
Correct Answer:- Option-C
Question9:-The expenses of State Public Service Commission is included in the list of _________.
A:-Voted items
B:-Contingency items
C:-Charged items
D:-Grant in Aid items
Correct Answer:- Option-C
Question10:-Vote on account is
A:-An Advance Grant
B:-An excess Grant
C:-An adjustment Grant
D:-An exceptional Grant
Correct Answer:- Option-A
Question11:-Payment for a store should not be delayed for more than _______ days from the date receipt of stores.
A:-60
B:-30
C:-15
D:-90
Correct Answer:- Option-B
Question12:-Execution of work on __________ basis will be with the prior sanction of Govt.
A:-Lump sum contract
B:-Piece rate contract
C:-Schedule contract
D:-Percentage rate contract
Correct Answer:- Option-A
Question13:-Accounts of the Local bodies are audited by __________.
A:-Chartered Accountants
B:-Auditors appointed by local bodies
C:-Director of co-op-Audit
D:-None of the above
Correct Answer:- Option-D
Question14:-Rate contract may be settled by
A:-Departmental purchase committee
B:-Store purchase Dept.
C:-Finance Dept.
D:-Administrative Dept.
Correct Answer:- Option-B
Question15:-___________ Register is maintained in Form 10 A.
A:-Register Recoveries
B:-Register Loans
C:-Register of Recurring charges
D:-Register is sale Account
Correct Answer:- Option-C
Question16:-No discussion of the budget shall take place __________ on which it is presented.
A:-On the month
B:-On the succeeding day
C:-On the day
D:-On the week
Correct Answer:- Option-C
Question17:-_________ is the First tier classification of Govt. Account.
A:-Sector
B:-Major Head
C:-Minor Head
D:-Section
Correct Answer:- Option-A
Question18:-Temporary Accommodation of debit or credit is
A:-Adjustment
B:-Deposit
C:-Advance
D:-Suspense
Correct Answer:- Option-D
Question19:-Annual Financial Statement is known as
A:-Revised Budget
B:-Grant in aid
C:-Budget
D:-Estimate
Correct Answer:- Option-C
Question20:-Copies of the supplementary Appropriation Act should be forwarded to _______.
A:-Finance secretary
B:-State Audit Director
C:-Accountant General
D:-Head of Dept.
Correct Answer:- Option-C
Question21:-The committee of Public Accounts shall consist of _________ member.
A:-7
B:-11
C:-12
D:-5
Correct Answer:- Option-B
Question22:-Which of the following is not included in Receipt Head (Revenue Account)?
A:-Fiscal services
B:-Other Non Tax Revenue
C:-Interest
D:-Post and Telegraph
Correct Answer:- Option-D
Question23:-Details _______ are shown in Register of Form 15 KFC.
A:-Auction
B:-Sale
C:-Tenders
D:-Advance
Correct Answer:- Option-C
Question24:-Which of the following is a entry in measurement book of a work?
A:-Situation of work
B:-Name of laboures
C:-Details of the shop from which materials purchased
D:-Certificate of quality of materials
Correct Answer:- Option-A
Question25:-Advance for minor irrigation works is __________.
A:-Special advance
B:-Civil advance
C:-Revenue advance
D:-Forest advance
Correct Answer:- Option-A
Question26:-Public work deposits are
A:-Civil advance
B:-Civil Deposit
C:-Local fund
D:-None of the above
Correct Answer:- Option-B
Question27:-Kerala Grandhasala Sangam shall submit their accounts to ______ audit.
A:-Accountant General
B:-State Finance Dept.
C:-Director of State Audit
D:-Chartered Accountants
Correct Answer:- Option-C
Question28:-The period of limitation of claim of pension is __________.
A:-5 years
B:-10 years
C:-12 years
D:-3 years
Correct Answer:- Option-C
Question29:-Register of special advance shall be kept in __________.
A:-KFC Form 18
B:-KFC Form 22
C:-KFC Form 12
D:-KFC Form 5
Correct Answer:- Option-D
Question30:-KFC Form 26 is related to _________.
A:-Motor Car advance
B:-Onam Advance
C:-Details of estimate
D:-Public work deposit
Correct Answer:- Option-A
Question31:-Assignment of funds by the legislature to meet specified expenditure is ___________.
A:-Distribution
B:-Grant in Aid
C:-Appropriation
D:-Supplementary Demand
Correct Answer:- Option-C
Question32:-________ means a head immediately subordinate to a major head.
A:-Sub major head
B:-Detailed head
C:-Sector
D:-Minor head
Correct Answer:- Option-A
Question33:-__________ of current year is prima facia the best guide for next years budget estimate.
A:-Resumption
B:-Revised budget
C:-Supplementary grant
D:-Vote on account
Correct Answer:- Option-B
Question34:-Request for reappropriation and surrender of saving should reach finance dept. from administrative dept. before
A:-25th February
B:-20th March
C:-15th February
D:-15th March
Correct Answer:- Option-A
Question35:-The Administrative expenses of High Court of Kerala __________ expenditure.
A:-Voted
B:-Contingent
C:-Charged
D:-Supplementary
Correct Answer:- Option-C
Question36:-__________ has been created under Article 267(2) of the constitution.
A:-Vote on Account
B:-Consolidated Fund
C:-Contingency Fund
D:-Public Account
Correct Answer:- Option-C
Question37:-Who is authorised to keep the accounts of estimate committee of Legislature?
A:-Chairman
B:-One of the members
C:-Speaker
D:-Secretary
Correct Answer:- Option-D
Question38:-Who is the estimating officer of Receipt Head of Taxes on Vehicle?
A:-Finance Secretary
B:-Revenue Board Secretary
C:-Secretary of Taxes
D:-None of the above
Correct Answer:- Option-D
Question39:-Deposits bearing interest is included in _________.
A:-Public Account
B:-Contingency Fund
C:-Consolidated Fund
D:-None of the above
Correct Answer:- Option-A
Question40:-Transfer of Funds from one appropriation to another
A:-Revised Estimate
B:-Adjustment
C:-Resumption
D:-None of the above
Correct Answer:- Option-D
Question41:-Budget of state Govt. has to be laid before the legislature as per article _________ of the constitution.
A:-303
B:-202
C:-182
D:-101
Correct Answer:- Option-B
Question42:-Lists of Heads of Departments are given in ___________.
A:-Appendix 20 KFC Vol-II
B:-Appendix 7 KFC Vol-II
C:-Appendix 1 KFC Vol-II
D:-Appendix 12 KFC Vol-II
Correct Answer:- Option-C
Question43:-Rules for deduction of Insurance Premia from salary bill of Kerala Govt. employees in given in
A:-Appendix 11 KFC Vol-II
B:-Appendix 26 KFC Vol-II
C:-Appendix 13 KFC Vol-II
D:-Appendix 8 KFC Vol-II
Correct Answer:- Option-A
Question44:-Service books of Gazatted officers are sent to ____________ for record when they are confirmed in appointment.
A:-Head of Dept.
B:-Administrative Dept.
C:-Accountant General
D:-Finance Dept.
Correct Answer:- Option-C
Question45:-Each Court maintain two remittance books; one with the heading courts of law and the other with the heading __________.
A:-Payments
B:-Fine
C:-Stamps
D:-Accounts
Correct Answer:- Option-C
Question46:-Claim of travelling allowance become due for payment __________.
A:-after the close of the month which the journey is performed
B:-in the month in which the journey is performed
C:-one month after the journey is performed
D:-none of the above
Correct Answer:- Option-A
Question47:-Charge Report of gazetted officers shall be forwarded to Accountant General _________.
A:-on the next working day
B:-on the same day
C:-within 3 days
D:-within a week
Correct Answer:- Option-B
Question48:-Which of the following allowance has not been declared by the state govt. to be exempt from attachment order of a court?
A:-Travelling Allowance
B:-Conveyance Allowance
C:-Uniform Allowance
D:-Dearness Allowance
Correct Answer:- Option-D
Question49:-Which of the following does not include the term store?
A:-Furniture
B:-Fuel
C:-Agricultural products
D:-Steel Furniture
Correct Answer:- Option-B
Question50:-Proposal for Library Gradation Committee constitution shall be forwarded to govt. by whom?
A:-President, Kerala Grandhasala Sangam
B:-Secretary, Kerala Grandhasala Sangam
C:-Director of Public Instruction
D:-Director of Cultural Affairs
Correct Answer:- Option-C
Question51:-Advance for Junior IAS officers for the purchase of Furniture is as per ________ KFC Vol.I.
A:-Art 312
B:-Art 330
C:-Art 80
D:-Art 246
Correct Answer:- Option-D
Question52:-Advance on transfer is _________ advance.
A:-Civil
B:-Permanent
C:-Special
D:-Revenue
Correct Answer:- Option-A
Question53:-Lapsing of civil court deposit to the govt. is governed by the rules issued by __________ in this behalf.
A:-Finance Dep.
B:-Accountant General
C:-Govt.
D:-High Court
Correct Answer:- Option-D
Question54:-Conditions for advance to officers on joint salary basis given in __________ KFC Vol.I
A:-Art 188
B:-Art 122
C:-Art 244 C. Section B
D:-Art 252 A
Correct Answer:- Option-C
Question55:-The articles deposited for safe custody should be verified at least _______ by the officer who deposited the same.
A:-Once in six months
B:-Once in a year
C:-Once in three months
D:-Once in two years
Correct Answer:- Option-B
Question56:-Running contract will be settled by _________.
A:-Heads of Department
B:-Stores purchase Dept.
C:-Finance secretary
D:-Accountant General
Correct Answer:- Option-A
Question57:-A Register in KFC Form 4 B should be maintained in every office to note details of _________.
A:-Advance pending
B:-Security Deposit
C:-Stock of stationary
D:-Pending Inspection Reports and paras
Correct Answer:- Option-D
Question58:-The travelling allowance bill of one of the following do not require counter signature.
A:-Under Secretary to Govt.
B:-Joint Director of State Audit
C:-Members of Board of Revenue
D:-District Treasury Officer
Correct Answer:- Option-C
Question59:-The permanent advance of a department is sanctioned by __________ .
A:-Govt.
B:-Accountant General
C:-Head of Department
D:-Director Treasuries
Correct Answer:- Option-A
Question60:-The amount of bills by book transfer should be entered in __________ in red ink.
A:-Advance Register
B:-Allotment Register
C:-Contingent Register
D:-Appropriation control Register
Correct Answer:- Option-C
Question61:-KFC Form 9 A is ________.
A:-Register of books
B:-Register immovable property
C:-Register of Increment
D:-Register Grant in Aid
Correct Answer:- Option-C
Question62:-DPC Act of comptroller and Auditor General of India passed in the year _________.
A:-1965
B:-1971
C:-1961
D:-1972
Correct Answer:- Option-B
Question63:-Each and every entry of deduction of Insurance premia should be attested by __________.
A:-Drawing Officer
B:-Gazatted Officer
C:-Policy holder
D:-Head of Department
Correct Answer:- Option-A
Question64:-KFC Form 23 A is _________.
A:-Completion Report
B:-Work bill Register
C:-Measurement book
D:-Detailed Estimate
Correct Answer:- Option-D
Question65:-Stock Account Register of Furniture and other office stores are in __________.
A:-KFC Form 23
B:-KFC Form 40
C:-KFC Form18
D:-KFC Form 22
Correct Answer:- Option-C
Question66:-The list for requirement of stores for next financial year may be prepared on the basis of consumption during previous __________ years.
A:-One or two
B:-Two or three
C:-Three or Five
D:-Four or Five
Correct Answer:- Option-C
Question67:-The periodical verification of stores prescribed as per KFC should never be entrusted
A:-to a gazatted officer
B:-to a low paid subordinate
C:-to an officer with charges budget preparation
D:-to an officer just below the rank of head of office
Correct Answer:- Option-B
Question68:-____________ authorised to be operated in the state accounts is given in Appendix 2 of KBM.
A:-list of the major and minor heads
B:-list of items included in consolidated fund
C:-list of item of included in public account
D:-list of contingent items of expenditure
Correct Answer:- Option-A
Question69:-Expenditure charged on consolidated fund is specified in Article of Constitution.
A:-251(3)
B:-212(1)
C:-202(3)
D:-280
Correct Answer:- Option-C
Question70:-Act of formal acceptance by finance Dept of fund found to be excess of requirement
A:-Excess Grant
B:-Fund transfer
C:-Reallotment
D:-Resumption
Correct Answer:- Option-D
Question71:-The amount of Budget estimate should be rounded to the nearest _________.
A:-10
B:-1000
C:-100
D:-1,00,000
Correct Answer:- Option-C
Question72:-In the budget estimate provisions should include pay and allowances in all forms, of officers and staff, except ___________.
A:-House Rent Allowance
B:-City compensatory Allowance
C:-Hill tract Allowance
D:-Travelling Allowance
Correct Answer:- Option-D
Question73:-The detailed head __________ is residuary head
A:-Office expense
B:-Other charges
C:-Rent, rates and taxes
D:-None of the above
Correct Answer:- Option-B
Question74:-Administration Reforms Commission recommended the introduction of __________ in 1968.
A:-New Accounting system
B:-New Budget format
C:-Performance Budgeting
D:-New code for Departments
Correct Answer:- Option-C
Question75:-System of letter of credit was introduced with effect from _________.
A:-1.4.1974
B:-1.4.1973
C:-1.4.1971
D:-1.4.1972
Correct Answer:- Option-A
Question76:-The Legislature Committee on Public Undertaking shall not examine ________ .
A:-Audit Report
B:-Efficiency
C:-Matters of day to day administration
D:-Accounts
Correct Answer:- Option-C
Question77:-Salary of Governor of Kerala is ________.
A:-Charged on consolidated fund
B:-Contingent Expenditure
C:-Voted Expenditure
D:-Special payment from Public Account
Correct Answer:- Option-A
Question78:-General Discussion on the budget is on a day to be appointed by __________ subsequent to the day on which the budget is presented.
A:-Governor
B:-Finance Minister
C:-Leader of Legislature
D:-Speaker
Correct Answer:- Option-D
Question79:-Defence services are included in ___________.
A:-Receipt Head (Revenue Account)
B:-Expenditure Head (Capital Account)
C:-Public dept.
D:-Economic services
Correct Answer:- Option-B
Question80:-Reserve Fund is a part of __________.
A:-Consolidated Fund
B:-Other Accounts
C:-Public Account
D:-Contingency Fund
Correct Answer:- Option-C
Question81:-Seventh item of standard objects of expenditure is _________.
A:-Suspense
B:-Pension
C:-Wages
D:-Publication
Correct Answer:- Option-D
Question82:-Form KBM 12 is related to
A:-Expenditure and Liabilities
B:-Estimate of Revenue
C:-Capital Investment
D:-Grant in Aid
Correct Answer:- Option-A
Question83:-Supplementary Grant may become necessary when
A:-non plan expenditure is exceeds plan expenditure
B:-need arises for financing new services
C:-expected revenue is has not been collected
D:-none of the above
Correct Answer:- Option-B
Question84:-All sub vouchers should be cancelled by the ______ irrespective of the fact that they are sent to audit office.
A:-Controlling officer
B:-Drawing officer
C:-Inspecting officer
D:-Treasury officer
Correct Answer:- Option-B
Question85:-Open tender is also known as ___________.
A:-Negotiated tender
B:-Direct purchase
C:-Advertised tender
D:-Limited tender
Correct Answer:- Option-C
Question86:-For non utilisation of housing loan penal interest at ________ will be levied over and above normal interest.
A:-5%
B:-18%
C:-2.5%
D:-7%
Correct Answer:- Option-C
Question87:-Travelling allowance advance to the family of officers who die while in service may be limited to _______ of probable amount of TA.
A:-`(1)/(2)`
B:-`(3)/(4)`
C:-90%
D:-80%
Correct Answer:- Option-B
Question88:-Deposits of Jenmikaram collections are included in __________.
A:-Civil Deposit
B:-Personal Deposit
C:-Security Deposit
D:-Revenue Deposit
Correct Answer:- Option-D
Question89:-Write of losses are as per ________ of KFC Vol.I
A:-Art 85
B:-Art 112
C:-Art 300
D:-Art 220
Correct Answer:- Option-C
Question90:-Whenever a govt servant makes any correction or interpolation in any document, he should request the _______ to authenticate it.
A:-Head of office
B:-Superior officer
C:-Head of Department
D:-None of the above
Correct Answer:- Option-A
Question91:-Exgratia payments made to the govt employees ___________.
A:-who die while in service
B:-who sustain injuries while on duty
C:-who lost house and property in natural calamity
D:-who lost job due to abolition of posts
Correct Answer:- Option-B
Question92:-Form of tender is given in __________ of KFC Vol.I
A:-Annexure X Art 20
B:-Annexure II Art 80
C:-Annexure VI Art 130
D:-Annexure I Art 25
Correct Answer:- Option-C
Question93:-When govt. servant transferred from one office to another, his service book should be send to new office within ________ of transfer.
A:-15 days
B:-two months
C:-one month
D:-seven days
Correct Answer:- Option-C
Question94:-_______ are exempted from furnishing Earnest Money Deposit in support of tenders of store purchase.
A:-Small scale industries
B:-Agricultural manufacturers
C:-Central Govt Institutions
D:-Self employment institutions
Correct Answer:- Option-A
Question95:-Lapse of deposits to govt are as per ________ KFC Vol-I
A:-Article 65
B:-Article 32
C:-Article 301
D:-Article 282
Correct Answer:- Option-D
Question96:-Each ____________ should contain an index and the govt servant in charge of should keep the index upto date.
A:-Tender Register
B:-Stock book
C:-Measurement book
D:-Allotment Register
Correct Answer:- Option-C
Question97:-Advance for removal of encroachment is ____________.
A:-Civil Advance
B:-Forest Advance
C:-Revenue Advance
D:-Permanent Advance
Correct Answer:- Option-C
Question98:-A deposit credited to govt. as it lapsed, should only be repaid with the previous sanction of _________.
A:-Govt.
B:-Head of Dept.
C:-Accountant General
D:-Treasury Director
Correct Answer:- Option-C
Question99:-Contingent charges are classified in Art _________ of KFC Vol-I.
A:-82
B:-103
C:-212
D:-18
Correct Answer:- Option-B
Question100:-Custody of valuable documents explained in Art _________ of KFC Vol-I.
A:-Art 212
B:-Art 311
C:-Art 216
D:-Art 333
Correct Answer:- Option-D