Wednesday, September 30, 2020

Budget

Part 1 of 3

Q1. Re-appropriation of funds from one plan head to another plan head is within the powers of

Q2. Re-appropriation of funds from one source to another source is within the powers of

Q3. Re-appropriation of funds from one itemised work to another itemised work is within the powers of

Q4. Re-appropriation of funds under allocation EBR from one itemised work to another itemised work of the same plan head is within the powers of:-

Q5. Re-appropriation of funds from a priority work to a non-priority work

Q6. Which of the following is/are correct? Re-appropriations sanctioned at zonal level are
    a. Reflected in budget VPN
    b. Sanction memoranda is issued
    c. Associate finance concurrence is taken

Q7. Which of the following is/are correct? Funds can be re-appropriated to a work
    a. having administrative approval and technical sanction
    b. not exceeding its sanctioned cost
    c. during the currency of Vote on account:-

Q8. Re-appropriation is NOT permissible between
    a. Different grants
    b. Capital, railway funds, safety fund
    c. Voted and Charged

Q9. Re-appropriation of funds from sanctioned survey to another sanctioned survey requires the sanction of

Q10. Re-appropriation from/to or among works under plan head 21, requires sanction of

Q11. Find odd one
    a. re-appropriation within plan heads 29&30
    b. re-appropriation from one lumpsum work to another lumpsum work within same plan head & source
    c. re-appropriation from a DRF work to a DF work

Q12. Re-appropriation of funds for booking expenditure of left over works to a work not appearing in the LAW book

Q13. Re-appropriation of funds for booking expenditure of left over works to a work not appearing in the Pink book

Q14. Under revenue expenditure re-appropriation of funds from/to staff primary Units is within the powers of:-

Q15. Re-appropriation instructions between Primary Units of revenue expenditure is communicated:-

Q16. Irregular re-appropriations are reflected by Audit in which Annexure of the Appropriation Accounts?:-

Q17. Which of the following is/are correct?
    a. re-appropriations is not a substitute for good budget practices
    b. large scale re-appropriations are not prohibited
    c. re-appropriations are best managerial tool for effective budget management.

Q18. Which of the following is/are irregular re-appropriation(s)?
    a. re-appropriation of funds as a whole with the intention of restoring later
    b. Safety Fund to Capital
    c. re-appropriation of funds under revenue expenditure from PU 27 to PU 28

Q19. Re-appropriation of funds in all plan heads from pink book itemised work, provided the original outlay is not getting reduced below Rs.1 lakh

Q20. Which of the following is/are correct?
    a. re-appropriations should not be done after RE/RG
    b. re-appropriations may be done without relating to RE/RG
    c. re-appropriations may be carried out before end of financial year

Q21. In respect of major projects valuing more than the prescribed limit, a memorandum is prepared and vetted by Railway Board Finance before sending to NITI Aayog for perusal of which authority?

Q22. Arrange in the order of occurrence for major projects whose value is more than the prescribed limit:
    a. In Principle Approval of NITI Aayog
    b. Consideration by EBR
    c. CCEA approval
    d. Inclusion in the Pink Book

Q23. Railway projects valuing more than the prescribed limits are considered by Expanded Board for Railways (EBR), before sending to NITI Aayog for In Principle Approval. EBR consists of members from…
    a. Railway Board
    b. NITI Aayog
    c. Ministry of Programme Implementation and Statistics
    d. Ministry of Finance

Q24. For inclusion in the Pink Book, Projects valuing less than Rs. 20 crs are approved and approval to process more than Rs.20 crs works 'on file' signified by which authority?

Q25. Expenditure can be incurred on a project/work upon

Q26. Separation convention of 1924 on railways is the result of recommendations of which Committee?
रेलवे में 1924 का सेपेरेशन (पृथक्करण) कन्वेंशन किस समिति की सिफारिशों का परिणाम था

Q27. Railway Budget merged with General Budget from which Financial Year?

Q28. Find odd one
एक विषम खोजें

Q29. Find odd one
एक विषम खोजें

Q30. Which of the following is not an internally generated source of financing?
निम्नलिखित में से कौन-सा विकल्प वित्त प्रबंध के आंतरिक रूप से उत्पन्न स्त्रोत नहीं है?

Q31. Which of these is NOT true: Capital is

Q32. In works, safety expenditure is financed from which source of finance?

Q33. Under which Major Head, Funds created out of surplus are shown?

Q34. Earning of Commercial lines are shown against which Major head?

Q35. Miscellaneous receipts are shown against which Major head?

Q36. Earning of strategic lines are budgeted against which Major head?

Q37. Earnings of Railways reflected in which part of Government Accounts, as Non-Tax Revenue?

Q38. I-small savings, PF etc; J-Reserve Funds; K-Deposits and Advances; L-Suspense and Misc; -Remittances; N-Cash Balances are reflected in which Part of Government Accounts?

Q39. Capital Outlay on IR - Commercial lines is budgeted under which Major head?

Q40. Railway Revenue expenditure is budgeted under Social Services/Economic Services/Transport segment in which part of Government Accounts, expenditure side?

Q41. IR expenditure on Policy formulation, Direction, Research and Other Miscellaneous organisations is budgeted under which Major head?

Q42. Railway Audit expenditure is budgeted under which Major head?

Q43. Expenditure on Railway Centralised Training Institutes is budgeted under which Major head?

Q44. Indian Railways Revenue expenditure on Commercial lines is budgeted under which Major head?

Q45. Appropriation to Funds from Railway Surplus is budgeted under which Major head?

Q46. Railway expenditure of Strategic lines on Capital account is budgeted in Transport segment under which major head?

Q47. How many Demands for Grants are allotted for Ministry of Railways after merger of Railway Budget with general Budget?

Q48. 'Annual Financial Statement' referred to in Art 112 (1) of the Constitution of India is otherwise known as –

Q49. Which of the following constitute Inventory Budget of IR under Capital segment?
    a. Stores Budget
    b. WMS budget
    c. Misc. Advance (Capital)
    d. Works Budget

Q50. Percentage of Working expenses to Gross earnings is known as

Q51. Important Ratio worked out to guage the financial health of Zonal Railways and IR as a whole is

Q52. Gross Receipts are arrived by




All question carefully copy paste from IRIFM - A Thousand and one question but if any mistake found please write on comment box. Also any suggestions write down in comment section. 

IRIFM- Thousand and one question
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