FINAL ANSWER KEY
Paper: Kerala Financial Code (Paper II)
Medium of Question: English
Date of Examination 23-03-2019
Question1:-Counter signature is not required in the travelling allowance bill of one of the following officers.
A:-District Treasury Officer
B:-Deputy Secretary to Govt.
C:-Joint Secretary to Govt.
D:-Joint Director of Treasury
Correct Answer:- Option-C
Question2:-Muster Roll of a Public Work is related to _____________.
A:-Total expenditure
B:-Materials purchased
C:-Equipments hired
D:-Labourers engaged
Correct Answer:- Option-D
Question3:-The Contingency Fund has been created under Article ___________ of the Constitution.
A:-251
B:-267(a)
C:-112
D:-132
Correct Answer:-Question Cancelled
Question4:-Which of the following is not included in the classes of Civil Deposit?
A:-Security Deposit
B:-Trust Interest Fund
C:-Election Deposit
D:-Earnest Money Deposit
Correct Answer:- Option-D
Question5:-The second classification of Govt. Account is ____________.
A:-Sectoral Head
B:-Sub major Head
C:-Major Head
D:-Minor Head
Correct Answer:- Option-C
Question6:-All Gazetted Officers should forward monthly statements of bills in respect of their personal claims to _____________.
A:-Controlling Officer
B:-Accountant General
C:-Treasury Officer
D:-Head of Department
Correct Answer:- Option-A
Question7:-_____________ is the last stage of budgetary cycle.
A:-Passing
B:-Review
C:-Execution
D:-Preparation
Correct Answer:- Option-B
Question8:-KFC Form 17 is related to _____________.
A:-Stock Account of Furniture
B:-Utilisation of Grant
C:-Tender Details
D:-Stock book of stores and dead stock
Correct Answer:- Option-D
Question9:-The First Reply to Inspection Report of the Audit should be sent within ______________ from the date of receipt of the report.
A:-four weeks
B:-two months
C:-two weeks
D:-four months
Correct Answer:- Option-A
Question10:-List of items of expenditure charged on the consolidated fund of the state is given in ______________.
A:-Art. 88 KFC Vol-1
B:-Annexure 1 KFC Vol-1
C:-Appendix 4 KBM
D:-Appendix 15 KBM
Correct Answer:- Option-C
Question11:-Earnest Money Deposit for stores purchase may not be accepted in the form of ____________.
A:-Cash
B:-Cheque
C:-Demand Draft
D:-Govt. Promissory Notes
Correct Answer:- Option-B
Question12:-Damage to immovable govt. property may be reported to the Accountant General in ____________.
A:-Form 14
B:-Form 75
C:-Form 78
D:-Form 47
Correct Answer:- Option-D
Question13:-Voted expenditure means expenditure which is subject to the vote of the _______________.
A:-Legislative Assembly
B:-Subject Committee of Legislature
C:-Public Accounts Committee of Legislature
D:-Estimate Committee of Legislature
Correct Answer:- Option-A
Question14:-In Kerala, the first attempt at performance budgeting was made in ____________.
A:-1990-91
B:-1980-81
C:-1970-71
D:-1974-75
Correct Answer:- Option-C
Question15:-The Legislature Committee on public undertakings consists _______________ members.
A:-11
B:-7
C:-13
D:-9
Correct Answer:- Option-A
Question16:-Completion Report of a public work is in ______________.
A:-Form 48 of KFC
B:-Form 24 of KFC
C:-Form 12 of KFC
D:-Form 38 of KFC
Correct Answer:- Option-B
Question17:-Anti-Tuberculosis Fund is included in _________________.
A:-Revenue Deposits
B:-Personal Deposits
C:-Civil Deposits
D:-Security Deposit
Correct Answer:- Option-B
Question18:-Recommendation for the grant by the Govt. for compensation to a Govt. servant for loss of his property shall be as per ______________.
A:-Art. 318 KFC Vol-1
B:-Art. 88 KFC Vol-1
C:-Art. 231 KFC Vol-1
D:-Art. 281 KFC Vol-1
Correct Answer:- Option-C
Question19:-The term new service is explained in ______________.
A:-Para 144 of KBM
B:-Para 88 of KBM
C:-Para 201 of KBM
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D:-Para 94 of KBM
Correct Answer:- Option-D
Question20:-Reappropriation is permissible between _____________.
A:-Detailed heads
B:-Capital heads only
C:-Revenue heads only
D:-Revenue and capital heads
Correct Answer:- Option-A
Question21:-Budget shall be presented to the Assembly on such day as the _____________ may appoint.
A:-Chief Minister
B:-Governor
C:-Finance Minister
D:-Cabinet
Correct Answer:- Option-B
Question22:-State Legislature may make an advance grant known as _____________ to meet expenditure for part of financial year.
A:-Exceptional Grant
B:-Vote on Credit
C:-Vote on Account
D:-Supplementary Grant
Correct Answer:- Option-C
Question23:-Rule for giving advance for purchase of mosquito nets to a govt. servant.
A:-Art. 90 KFC Vol-1
B:-Art. 300 KFC Vol-1
C:-Art. 254 KFC Vol-1
D:-No Rule
Correct Answer:- Option-C
Question24:-Fuel purchased for govt. vehicles is recorded in _______________.
A:-Stock Register
B:-Stationery Register
C:-Movable Property Register
D:-None of the above
Correct Answer:- Option-D
Question25:-Report of transfer of charge is prepared in _____________.
A:-KFC Form 19
B:-KFC Form 7
C:-KFC Form 17
D:-KFC Form 28
Correct Answer:- Option-B
Question26:-Bill relating to the pay and allowance shall be presented to treasury ____________ working days in advance of the day fixed for their encashment.
A:-7
B:-4
C:-15
D:-3
Correct Answer:- Option-D
Question27:-An unforeseen expenditure of State Govt. is made from _______________.
A:-Consolidated Fund
B:-Relief Fund
C:-Contingency Fund
D:-Public Account
Correct Answer:- Option-C
Question28:-What is the use of KFC Form 27-A?
A:-Schedule of deduction of Advance
B:-Supplementary Mortgage Bond
C:-Auction Register
D:-Sale Account
Correct Answer:- Option-B
Question29:-Instruction regarding Railway warrants are given in ______________.
A:-Appendix 9 KFC Vol-2
B:-Appendix 6 KFC Vol-2
C:-Appendix 18 KFC Vol-2
D:-None of the above
Correct Answer:- Option-D
Question30:-______________ is the second item Standard Detailed Heads of Expenditure.
A:-Wages
B:-Salaries
C:-Travel Expense
D:-Office Expense
Correct Answer:- Option-A
Question31:-The formal acceptance of excess fund by finance dept. is called ______________.
A:-Excess Grant
B:-Appropriation
C:-Allocation
D:-Resumption
Correct Answer:- Option-D
Question32:-Deposits and Advances are included _____________ division of Govt Account.
A:-Consolidated Fund
B:-Contingency Fund
C:-Public Account
D:-None of the above
Correct Answer:- Option-C
Question33:-The system of ________________ was introduced with effect from 1.4.1974.
A:-Budget
B:-Grant in Aid
C:-Vote on Account
D:-Appropriation Control
Correct Answer:- Option-D
Question34:-Warning slip is issued by ______________.
A:-Finance Secretary
B:-Accountant General
C:-Chief Secretary
D:-Budget Wing
Correct Answer:- Option-B
Question35:-Pay and fixed allowances of an officer for a month become due only
A:-on the last day of month
B:-after the end of the month
C:-on last week of the month
D:-on the second day of the month
Correct Answer:- Option-B
Question36:-Special rules regarding temporary establishment is given in ________________.
A:-Art. 118 KFC Vol-1
B:-Art. 212 KFC Vol-11
C:-Art. 21 KFC Vol-1
D:-Art. 73 KFC Vol-1
Correct Answer:- Option-D
Question37:-Form of agreement for rate and running contract is given in _____________.
A:-Annexure III KFC Vol-1
B:-Annexure X KFC Vol-1
C:-Annexure XI KFC Vol-1
D:-Annexure XX KFC Vol-1
Correct Answer:- Option-C
Question38:-Expenditure for plague charges in municipal area will be debited from _______________.
A:-Consolidated fund
B:-Local fund
C:-Relief fund
D:-Contingency fund
Correct Answer:- Option-B
Question39:-Forest Deposit is included in the classes of ____________ deposits.
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A:-Civil
B:-Revenue
C:-Security
D:-Personal
Correct Answer:- Option-A
Question40:-For advances given to a govt. employee calculation of interest and DCRG is as per ______________.
A:-Art. 322 KFC Vol-1
B:-Art. 82 KFC Vol-1
C:-Art. 244D KFC Vol-1
D:-Art. 122 KFC Vol-1
Correct Answer:- Option-C
Question41:-Court Attachment Register of pay is prepared as per ____________.
A:-KFC Form 4A
B:-KFC Form 12
C:-KFC Form 24
D:-KFC Form 11
Correct Answer:- Option-A
Question42:-KFC Form 40 is relating to ______________.
A:-Cycle Advance
B:-Housing Loan
C:-Onam Advance
D:-Motor Cycle Advance
Correct Answer:- Option-A
Question43:-Supply of Forms for govt. offices is the responsibility of _____________ Dept.
A:-Stationery
B:-Finance
C:-Treasury
D:-Printing
Correct Answer:- Option-D
Question44:-Stock Register of Furniture _______________.
A:-may be destroyed after 5 years
B:-may be destroyed after 10 years
C:-may be destroyed after 20 years
D:-may not be destroyed
Correct Answer:- Option-D
Question45:-Copying fees is included in _____________ Deposits.
A:-Criminal Court
B:-Revenue
C:-Civil
D:-Public Work
Correct Answer:- Option-A
Question46:-Joint application for advance by employees serving in different dept. will be sanctioned by _____________.
A:-Joint Secretary, General Administrative Dept.
B:-Secretary, Law Dept.
C:-Govt. in Finance Dept.
D:-Head of Depts.
Correct Answer:- Option-C
Question47:-Administrative Audit of secret service expenditure is conducted by _____________.
A:-Controlling officer nominated by Govt.
B:-Controlling officer nominated by A.G.
C:-Controlling officer nominated by Chief Secretary
D:-Director of State Audit
Correct Answer:- Option-A
Question48:-Who authorise increment to a Gazatted officer?
A:-Head of Office
B:-Head of Dept.
C:-Finance Dept.
D:-None of the above
Correct Answer:- Option-D
Question49:-Purchase from Govt. source means
A:-Purchase on the basis of Govt. order
B:-Purchase on the basis Rate contract
C:-Purchase on the basis of Running contract
D:-Purchase from Govt. owned institutions
Correct Answer:- Option-D
Question50:-Advance for minor irrigation work is included in _______________.
A:-Agricultural Advance
B:-Special Advance
C:-General Advance
D:-Civil Advance
Correct Answer:- Option-B
Question51:-No money can be withdrawn from the consolidated fund of the state without ____________.
A:-Appropriation Act
B:-Vote on Account
C:-Finance Bill
D:-Supplementary Budget
Correct Answer:- Option-A
Question52:-The procedure to be followed for obtaining an excess grant has been described in
A:-Appendix 19 KBM
B:-Appendix 21 KBM
C:-Appendix 15 KBM
D:-Appendix 3 KBM
Correct Answer:- Option-C
Question53:-For meeting the expenditure of part of the financial year _____________ will be passed by legislature.
A:-Supplementary Grant
B:-New Service
C:-Vote on Account
D:-Estimate
Correct Answer:- Option-C
Question54:-Power to make a grant for meeting an unexpected demand upon the resources is called ___________.
A:-Grant in Aid
B:-Vote on Credit
C:-Contingent Grant
D:-Overdraft
Correct Answer:- Option-B
Question55:-Reconciliation of departmental expenditure is the responsibility of _______________.
A:-Chief Controlling Officer
B:-Accountant General
C:-Treasury Director
D:-Drawing and Disbursing Officer
Correct Answer:- Option-A
Question56:-One of the following is not a budget document
A:-Performance Budget
B:-Evaluation Report
C:-Annual Financial Statement
D:-New Service
Correct Answer:- Option-D
Question57:-In the execution of Public Work, religious edifices shall be protected as per ______________.
A:-Art. 86 KFC Vol-1
B:-Art. 112 KFC Vol-1
C:-Art. 220 KFC Vol-1
D:-Art. 196 KFC Vol-1
Correct Answer:- Option-D
Question58:-Hindu Religious Charity Fund is included in _______________ Deposit.
A:-Civil
B:-Personal
C:-Security
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D:-Revenue
Correct Answer:- Option-B
Question59:-Which of the following is not treated as Local Fund?
A:-KSEB Working Fund
B:-Library Fund
C:-Contingency Fund
D:-District Fund
Correct Answer:- Option-C
Question60:-Stock Account of books shall be maintained in KFC Form ____________.
A:-Form 19
B:-Form 11
C:-Form 28
D:-Form 20
Correct Answer:- Option-A
Question61:-No public work may be started without _______________.
A:-Measurement Book
B:-Fund Allotment
C:-Sanctioned Estimate
D:-Schedule of Rates
Correct Answer:- Option-C
Question62:-________________ will constitute the Gradation Committee for Libraries.
A:-Director Public Instruction
B:-Grandhasala Sangom
C:-District Collector
D:-Govt.
Correct Answer:- Option-D
Question63:-Periodical verification of securities shall be made at least once in a year in ____________.
A:-March
B:-May
C:-December
D:-April
Correct Answer:- Option-B
Question64:-The form of measurement book of public work is ______________.
A:-Form KPW 28
B:-Form KFC 12
C:-Form KPW 21
D:-Form KFC 22
Correct Answer:- Option-C
Question65:-Claims for medical reimbursement become due for payment on ______________.
A:-Last day of month
B:-Date of completion of treatment
C:-Date of submission of bill
D:-First day of month
Correct Answer:- Option-B
Question66:-Pay bills of Animal Husbandry Dept. are encashable on ______________ working day of month.
A:-third
B:-first
C:-second
D:-any
Correct Answer:- Option-A
Question67:-____________ leave salary will be paid in advance to govt. employee proceeding on leave.
A:-15 days
B:-7 days
C:-one month
D:-two months
Correct Answer:- Option-C
Question68:-Suggestions to bring efficiency and economy in administration are given by _____________ Committee of Legislature.
A:-Public Accounts
B:-Estimate Committee
C:-Local Fund Accounts
D:-Public Sector Committee
Correct Answer:- Option-B
Question69:-Register of Recoveries in a govt. office shall be destroyed after _____________ completed years.
A:-40
B:-30
C:-5
D:-20
Correct Answer:- Option-A
Question70:-Which of the following is not included in the term 'Store' as per KFC?
A:-Furniture
B:-Dietary products
C:-Building materials
D:-Agricultural products
Correct Answer:- Option-B
Question71:-Uniform of Nursing systems in all hospitals in state may be purchased ______________.
A:-with open tender
B:-with limited tender
C:-without tender
D:-with single tender
Correct Answer:- Option-C
Question72:-Execute a specified work at specified rate without reference to quantity or time is _______________.
A:-Lumpsum Contract
B:-Percentage Rate Contract
C:-Schedule Contract
D:-Piece-work Contract
Correct Answer:- Option-D
Question73:-Rate contract may be settled by ____________.
A:-Departmental Purchase Committee
B:-Stores Purchase Dept.
C:-Head of Department
D:-Finance Department
Correct Answer:- Option-B
Question74:-The general principles and procedures for fixing and enforcing responsibility of losses is explained in _______________.
A:-Art. 294 KFC Vol-1
B:-Art. 303A KFC Vol-1
C:-Art. 88 KFC Vol-1
D:-Art. 23 KFC Vol-1
Correct Answer:- Option-B
Question75:-Expenditure on a scheme for the creation of new asset is ________________.
A:-Revenue expenditure
B:-Financial expenditure
C:-Capital expenditure
D:-Recurring expenditure
Correct Answer:- Option-C
Question76:-Detailed budget estimate records of an office can be destroyed after _______________ complete years.
A:-3
B:-10
C:-20
D:-5
Correct Answer:- Option-D
Question77:-The Decretal claim means:
A:-Claim by Gazatted Officer for T.A.
B:-Claim arising from Court Order
C:-Claim arising from Property Right
D:-Claim arising from Liquidation
Correct Answer:- Option-B
Question78:-The Estimates of Expenditure submitted to the Legislature in the form of _____________.
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A:-Supplementary Grants
B:-Evaluation Report
C:-Explanatory Memorandum
D:-Demand for Grants
Correct Answer:- Option-D
Question79:-Performance budget has ____________ parts.
A:-4
B:-5
C:-3
D:-2
Correct Answer:- Option-C
Question80:-The budget shall be discussed in Assembly on a day appointed by ______________.
A:-Finance Minister
B:-Chief Minister
C:-Speaker
D:-Governor
Correct Answer:- Option-C
Question81:-________________ which cannot be utilised to good effect should be surrendered.
A:-Estimate Amount
B:-Contingency Fund
C:-Deposit Amount
D:-Appropriation
Correct Answer:- Option-D
Question82:-System of Gross vote explained in ________________.
A:-Appendix 15 KBM
B:-Appendix 7 KBM
C:-Appendix 5 KBM
D:-Appendix 3 KBM
Correct Answer:- Option-C
Question83:-Every _______________ should maintain a register of expenditure and liabilities in Form KBM 12.
A:-Disbursing Officer
B:-Controlling Officer
C:-Finance Officer
D:-Sub Treasury Officer
Correct Answer:- Option-A
Question84:-Draft paragraph of Accountant General shall be verified and result will be communicated within ______________ from the date receipt.
A:-3 weeks
B:-one month
C:-2 weeks
D:-6 weeks
Correct Answer:- Option-D
Question85:-Primary function of the Public Accounts Committee is to scrutinise _____________.
A:-Budget
B:-Finance Act
C:-Report of C & AG
D:-Report of Estimate Committee
Correct Answer:- Option-C
Question86:-Contingency Fund is placed at the disposal of _______________.
A:-Chief Minister
B:-Chief Secretary
C:-Finance Secretary
D:-Governor
Correct Answer:- Option-D
Question87:-Who is the Estimating Officer of taxes on Agricultural Income?
A:-Finance Secretary
B:-Secretary Board of Revenue (Taxes)
C:-Agricultural Dept. Secretary
D:-Inspector General of Registration
Correct Answer:- Option-B
Question88:-List of Chief Controlling Officers and Subordinate Controlling Officers are given in _____________.
A:-Annexure 9 KBM
B:-Annexure 18 KBM
C:-Annexure 21 KBM
D:-Annexure 12 KBM
Correct Answer:- Option-A
Question89:-Non plan estimates of Department shall reach govt. not later than ______________.
A:-November 30
B:-October 31
C:-December 15
D:-September 15
Correct Answer:- Option-D
Question90:-Form KBM 17 is related to _________________.
A:-Statement of Expenditure
B:-Statement of Fixed Allowance
C:-Monthly statement of PWD
D:-Statement of Forest Department
Correct Answer:- Option-C
Question91:-Register of Inspection Report shall be maintained in _________________.
A:-KFC Form 8A
B:-KFC Form 6
C:-KFC Form 4B
D:-KFC Form 8
Correct Answer:- Option-C
Question92:-KFC Form 55B is _____________.
A:-Register of Guarantee
B:-Register of watching utilisation of loan/advances
C:-Register of watching audit recoveries
D:-Register of watching insurance payment
Correct Answer:- Option-B
Question93:-For getting annual grant to libraries there should be minimum book stock of ____________.
A:-1000
B:-500
C:-600
D:-1500
Correct Answer:- Option-C
Question94:-Who is the Statutory Auditor of Kerala Grandhasala Sangom?
A:-Accountant General
B:-Director of State Audit
C:-Chartered Accountant
D:-Finance Department
Correct Answer:- Option-B
Question95:-Onam advance is included ______________ advance.
A:-Special advance
B:-Revenue advance
C:-Civil advance
D:-None of the above
Correct Answer:- Option-C
Question96:-One of the following is not included in Consolidated Fund
A:-Tax Revenue
B:-Deposits and Advances
C:-Grant in Aid
D:-Economic Services
Correct Answer:- Option-B
Question97:-Procedure in financial matters is given ______________ of Budget Manual.
A:-Appendix 16
B:-Appendix 8
C:-Appendix 21
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D:-Appendix 7
Correct Answer:- Option-D
Question98:-Budget is presented in State Legislature as per _______________ of the Constitution.
A:-Art. 303
B:-Art. 209
C:-Art. 202
D:-Art. 416
Correct Answer:- Option-C
Question99:-Consolidated Fund has _______________ main divisions.
A:-4
B:-3
C:-2
D:-5
Correct Answer:- Option-C
Question100:-Each minor head is divided to a number of _______________.
A:-Subordinate heads
B:-Detailed heads
C:-Receipt heads
D:-Sectors
Correct Answer:- Option-A
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