Introduction to the Indian Government Accounts and Audit(Lower)
Date of Test 19-03-2023
1:-According to Kerala Account Code Volume 1, Comptroller and Auditor General means
A:-Comptroller and Audit General of India
B:-Comptroller and Auditor General of India
C:-Comptroller and Audit General of State and Union Territories
D:-Comptroller and Auditor General of State and Union Territories
Correct Answer:- Option-B
2:-____________ is/are 'Statement of facts relating to money or things having money value'
A:-Accounts
B:-Audits
C:-Both 1 and 2
D:-None of these
Correct Answer:- Option-A
3:-__________ is the adoption of a course of action which ensures the achievement of plans, objectives, in reasonable cost and practical
manner within agreed time.
A:-Economy
B:-Efficiency
C:-Effectiveness
D:-None of these
Correct Answer:- Option-C
4:-How many digits (codes) is/are used in sub major head?
A:-One
B:-Two
C:-Three
D:-Four
Correct Answer:- Option-B
5:-Which among the following is the general clearing house for the adjustment of transaction between different state governments and
Central government
A:-Central Account section of the Reserve Bank at Delhi
B:-Central Account section of the Reserve Bank at Mumbai
C:-Central Account section of the Reserve Bank at Calcutta
D:-Central Account section of the Reserve Bank at Nagpur
Correct Answer:- Option-D
6:-Contingency Fund of the State/Central is setup under Article _________ of the Constitution
A:-267
B:-268
C:-266
D:-269
Correct Answer:- Option-A
7:-The expenditure incurred with an object of extinguishing or reducing recurring liabilities are called?
A:-Revenue expenditure
B:-Capital expenditure
C:-Deferred Revenue Expenditure
D:-None of these
Correct Answer:- Option-B
8:-Transactions with other states are booked under _________ Account in the remittance section of accounts
A:-Interstate miscellaneous
B:-Interstate mixed
C:-Interstate suspense
D:-Inter department adjustment
Correct Answer:- Option-C
9:-Which among the following is a permanent committee of Parliament?
A:-Ad hoc committee
B:-Standing committee
C:-Expert committee
D:-None of these
Correct Answer:- Option-B
10:-Which among the following is not a duty of Public Accounts committee?
A:-To examine the statement of accounts showing the income and expenditure of state corporation, trading and manufacturing schemes,
concern, and projects etc.
B:-To consider the report of the comptroller and Auditor General on receipt and of stores and stocks
C:-To examine that every reappropriation has been made in accordance with the provision made in this behalf under rules framed by
competent authority
D:-To examine the functions of public undertakings
Correct Answer:- Option-D
11:-In which year Estimate committee was formed?
A:-1950
B:-1951
C:-1952
D:-1953
Correct Answer:- Option-A
12:-Which among the following committee consists of only the members of Lok Sabha?
A:-Estimate committee
B:-Public Accounts committee
C:-Committee on Public Undertakings
D:-None of these
Correct Answer:- Option-A
13:-Which among the following is an example of Residual standard detailed head?
A:-Suspense
B:-Depreciation
C:-Office Expense
D:-Other charges
Correct Answer:- Option-D
14:-The expenditure major head on capital accounts are assigned the code numbers from ________ to ___
A:-4011 to 5999
B:-5011 to 6999
C:-2011 to 3999
D:-6001 to 6010
Correct Answer:- Option-A
15:-The duties and powers of the Comptroller and Auditor General of India in relation to the accounts of Union and of the states are mentioned in
A:-Article 145 and 146 of constitution
B:-Article 146 and 147 of constitution
C:-Article 148 and 149 of constitution
D:-Article 149 and 150 of constitution
Correct Answer:- Option-D
16:-A non-votable expenditure from the consolidated fund of the State is called?
A:-Voted expenditure
B:-Suspense expenditure
C:-Charged expenditure
D:-Re appropriation expenditure
Correct Answer:- Option-C
17:-The combined Finance and Revenue Accounts of the Central and State government is called?
A:-Annual General Planning Statement
B:-Annual General Efficiency Statement
C:-Annual General Financial Statement
D:-Annual General Economic Statement
Correct Answer:- Option-C
18:-The expenditure incurred by the Public Works Department on the construction of a hospital shall be debited under the major head of:
A:-2218 medical and public health or 4010 capital outlay on medical and public health
B:-2219 medical and public health or 4100 capital outlay on medical and public health
C:-2210 medical and public health or 4120 capital outlay on medical and public health
D:-2210 medical and public health or 4210 capital outlay on medical and public health
Correct Answer:- Option-D
19:-The payment of leave salary and allowances in respect of Earned Leave surrendered by the State Government employee on deputation
to the Central government will be liability of:
A:-Central Govt
B:-State Govt
C:-Both Central and State Govt on equal basis
D:-Neither 1 nor 2
Correct Answer:- Option-B
20:-In case of deputation of a Govt servant who is governed by Contributed Provident Fund Rule, Govt contribution for the period of
deputation is payable by the ____________
A:-Borrowing department
B:-Parent Department
C:-Both 1 and 2 on equal basis
D:-None of these
Correct Answer:- Option-A
21:-The accounts between the Central Govt and State Govt are settled through ____________ Accounts
A:-Adjusting
B:-Current
C:-Settlement
D:-Exchange
Correct Answer:- Option-D
22:-The term 'audit' is derived from the ____________ word.
A:-German
B:-Aramaic
C:-Greek
D:-Latin
Correct Answer:- Option-D
23:-Who wrote the book "The Accountability and Audit of Government"?
A:-Steven Glover
B:-J.R. Russel
C:-G. Stevenson
D:-E. L Normanton
Correct Answer:- Option-D
24:-Who among the following appoints Comptroller and Auditor General of India?
A:-Chief Justice of supreme Court
B:-Ministry for Law
C:-President of India
D:-Vice President of India
Correct Answer:- Option-C
25:-In the revised coding pattern, a four digit __________ code is assigned to major heads
A:-Indo numerical
B:-Latin numerical
C:-Arabic numerical
D:-Hind numerical
Correct Answer:- Option-C
26:-The comptroller and Auditor general of India can be removed from office only by?
A:-The President on the advice of the Chief Justice of India
B:-The Chief Justice of Supreme Court
C:-The President on the advice of Cabinet
D:-The President after the approval of both the houses of Parliament
Correct Answer:- Option-D
27:-Which among the following is a non-tax receipt?
A:-Estate duty
B:-Stamp duty
C:-Registration fee
D:-Gift tax
Correct Answer:- Option-C
28:-Which among the following is not a Direct tax?
A:-Income tax
B:-Wealth tax
C:-Agricultural Income tax
D:-Motor Vehicle Tax
Correct Answer:- Option-D
29:-The audit of customs revenue is limited to the ___________
A:-Customs Act, 1962
B:-Customs Tariff Act 1975
C:-Central Excise Act, 1944
D:-Customs and Excise Management Act, 1979
Correct Answer:- Option-A
30:-The provident Fund Account of the employees of Govt of Kerala are maintained and kept by?
A:-Concerned Head of Department
B:-Accountant General (Audit)
C:-Director, Treasury Dept
D:-Accountant general (Accounts and Entitlement)
Correct Answer:- Option-D
31:-Taxes on income and expenditure, Taxes on property and capital transactions, Taxes on commodities and services are accounted in:
A:-Contingency Fund
B:-Public Account
C:-Consolidated Fund
D:-Current Account
Correct Answer:- Option-C
32:-Recoveries from private persons or bodies including local funds and Govt outside India shall be treated as
A:-Current assets
B:-A deduction from expenditure
C:-Fixed assets
D:-Revenue
Correct Answer:- Option-D
33:-The control of the resource operations of the Govt of India is vested in
A:-Comptroller Auditor General
B:-Reserve Bank of India
C:-Finance Ministry
D:-Planning and Economic Affairs Ministry
Correct Answer:- Option-B
34:-Which among the following is not a function of Estimate Committee?
A:-To suggest alternative policies to bring about efficiency and economy in administration
B:-To examine whether the money is well laid out within the limit of the policy implied in the Estimate
C:-To suggest forms in which the estimate shall be presented to the parliament
D:-To examine or comment on a policy approved by the parliament
Correct Answer:- Option-D
35:-The power to grant or refuse leave to the Comptroller and Auditor General of India is vested in the hands of:
A:-Vice President of India
B:-President of India
C:-Chief Justice of India
D:-Finance Minister
Correct Answer:- Option-B
36:-The amount writes off by the Accountant General should be reported to the Comptroller and Auditor General of India annually by___________
A:-10th of December
B:-20th of January
C:-10th of March
D:-10th of November
Correct Answer:- Option-D
37:-Annual Finance Account of the Central Govt is prepared by the C & AG and is submitted to:
A:-The Lok Sabha
B:-The President of India
C:-Vice President of India
D:-Finance Minister
Correct Answer:- Option-B
38:-Which among the following is not a function of committee on Public Undertakings?
A:-To examine the reports and accounts of the Public Undertakings specified in Fourth schedule of the rule
B:-To examine and consider whether the money is well laid out within the limit of the policy implied in the estimates
C:-To examine the reports, if any, of the comptroller and Auditor General of India on the public undertakings
D:-To examine in the context of the autonomy and efficiency of the Public undertakings
Correct Answer:- Option-B
39:-Transactions of Govt of India with United Kingdom and other countries are adjusted through the system of:
A:-Settlement Account
B:-Finance Account
C:-Account current
D:-Exchange Account
Correct Answer:- Option-C
40:-Expenditure on the maintenance and repairs of all Government non-residential buildings will be accounted under the major head of:
A:-2059 Public works
B:-2058 Public works
C:-2056 Public works
D:-2057 Public works
Correct Answer:- Option-A
41:-Which among the following is a judicial Function?
A:-Making of law
B:-Interpretation of law
C:-Amendment of the law
D:-All of these
Correct Answer:- Option-B
42:-The committee on Public Accounts and Public Undertaking have 15 members from Lok Sabha and _______ members from Rajya Sabha
A:-5
B:-8
C:-7
D:-10
Correct Answer:- Option-C
43:-Which of the following is/are the financial committees of parliament?
(i) Estimate committee
(ii) Committee on Public Undertakings
(iii) Public Accounts Committee
A:-(i) only
B:-(i) and (ii) only
C:-(i) and (iii) only
D:-(i), (ii) and (iii)
Correct Answer:- Option-D
44:-What is the general quorum of financial committees of Parliament?
A:-1/2 of the total number of members
B:-1/3 of the total number of members
C:-1/4 of the total number of members
D:-1/5 of the total number of members
Correct Answer:- Option-B
45:-Which among the following Act determine the conditions of service, duties and powers of Comptroller and Auditor General of India?
A:-The Comptroller and Auditor General's (Duties, Powers, and Conditions of Service) Act, 1970
B:-The Comptroller and Auditor General's (Duties, Powers, and Conditions of Service) Act, 1972
C:-The Comptroller and Auditor General's (Duties, Powers, and Conditions of Service) Act, 1969
D:-The Comptroller and Auditor General's (Duties, Powers, and Conditions of Service) Act, 1971
Correct Answer:- Option-D
46:-Pay and allowance, travelling allowance, Expenditure on works etc are examples of ___________
A:-Charged Expenditure
B:-Voted Expenditure
C:-Capital Expenditure
D:-None of these
Correct Answer:- Option-B
47:-Under Article ___________ both Central and State can make any grants for public purpose even if they are not within their legislative
competence
A:-280
B:-282
C:-281
D:-283
Correct Answer:- Option-B
48:-Which among the following is a service department of State/Central government?
A:-Administration of Justice
B:-Posts and Telegraph
C:-Railways
D:-State Water Transport Department
Correct Answer:- Option-A
49:-Refunds of revenues are generally taken as a ___________ of revenue deposits
A:-Addition
B:-Reduction
C:-Tax revenue
D:-None of these
Correct Answer:- Option-B
50:-The recovery of pay and travelling allowance advance (on transfer) will be treated as:
A:-Plus Expenditure
B:-Minus Expenditure
C:-Advance Expenditure
D:-Deduct refunds
Correct Answer:- Option-B
51:-When was revised codification/coding pattern of 'Heads' introduced?
A:-1986
B:-1987
C:-1988
D:-1989
Correct Answer:- Option-B
2:-A sub major head has _______ code
A:-Four
B:-Three
C:-Two
D:-One
Correct Answer:- Option-C
53:-The accounts of the Union and States shall be kept in a form as the President of India may prescribe on the advice of C & AG. Which Article of the constitution deals with this?
A:-150
B:-148
C:-149
D:-147
Correct Answer:- Option-A
54:-When was Modified Value Added Tax introduced?
A:-1986
B:-1996
C:-1976
D:-1975
Correct Answer:- Option-A
55:-Preparation of journal and Ledger are a part of __________
A:-Double entry system
B:-Single entry system
C:-Both 1 and 2
D:-None of these
Correct Answer:- Option-A
56:-The distribution of Legislative powers between Union and States are governed by Article __________ of the constitution
A:-356
B:-270
C:-246
D:-370
Correct Answer:- Option-C
57:-According to Article _____________ of the constitution of India, each State has a separate Consolidated Fund called "Consolidated Fund of
the State".
A:-255
B:-244
C:-266
D:-277
Correct Answer:- Option-C
58:-Which Article of the Indian Constitution permit/allows the Union Govt for borrowing money on the security of Consolidated Fund in
India?
A:-282
B:-293
C:-292
D:-294
Correct Answer:- Option-C
59:-__________ shows the receipts and payment of Government under three heads namely, Consolidated Fund, Contingency Fund and Public Account
A:-Budget
B:-Balance sheet
C:-Finance Bill
D:-None of these
Correct Answer:- Option-A
60:-_________ act as a banker to the Central and State government (except Sikkim)
A:-Reserve Bank of India
B:-C and AG
C:-SBI
D:-None of these
Correct Answer:- Option-A
61:-What is the maximum time given to the States to repay the special Ways and means advance?
A:-Not later than one month
B:-Not later than three months
C:-Not later than two months
D:-Not later than four months
Correct Answer:- Option-B
62:-The sole right to issue bank notes in India has been vested with Reserve Bank of India with effect from:
A:-April 1934
B:-June 1934
C:-April 1935
D:-June 1935
Correct Answer:- Option-C
63:-Which Article of the Indian constitution deals with Grant in aid by the Union Govt to State Govt?
A:-275
B:-125
C:-265
D:-300
Correct Answer:- Option-A
64:-Part II of the Govt accounts records the transactions connected with the ___________
A:-Consolidated Fund
B:-Contingency Fund
C:-Public Account
D:-Current Account
Correct Answer:- Option-B
65:-Washing allowance paid to class IV Govt employees shall be classified under the head _________
A:-Other Expense
B:-Office Expense
C:-Salary
D:-Sumptuary Allowance
Correct Answer:- Option-C
66:-Travelling allowance and daily allowance paid to the officers of the State Govt, appointed as members of committee and commissions
setup by Govt of India are borne by the _________
A:-Central Govt
B:-State Govt
C:-Both 1 and 2 on equal basis
D:-Both 1 and 2 on an agreed ratio
Correct Answer:- Option-A
67:-Grant for the construction of a school shall be debited to __________ head
A:-2220 - General Education
B:-2002 - General Education
C:-0202 - General Education
D:-2202 - General Education
Correct Answer:- Option-D
68:-Taxes both on residential or non-residential building owned or occupied by the Defence department shall be debited to the ________
A:-Defence Service Estimate
B:-Defence Service Annual Account
C:-Defence Service project
D:-Defence Service Taxes
Correct Answer:- Option-A
69:-Article 280 of the Indian constitution deals with ________
A:-C & AG
B:-Finance commission
C:-Planning commission
D:-Election commission
Correct Answer:- Option-B
70:-The mass of the Govt Account(s) is/are kept on a __________ system
A:-Single Entry
B:-Double Entry
C:-Compound Entry
D:-None of these
Correct Answer:- Option-A
71:-The audit of Govt transactions outside India is entrusted to _____
A:-Embassy of India
B:-Ministry of External Affairs
C:-Department of planning and Economic Affairs
D:-Indian Audit and Accounts Departments
Correct Answer:- Option-D
72:-Finance Commission is constituted:
A:-Every Year
B:-Once in three years
C:-Once in four years
D:-Once in five years
Correct Answer:- Option-D
73:-The forms of Appropriation Accounts are prepared by:
A:-Finance secretary
B:-Secretary, Economic and Planning affairs
C:-Comptroller and Auditor General
D:-None of these
Correct Answer:- Option-C
74:-Which one of the following is charged expenditure?
A:-Govt of India debt charges, interest
B:-Emoluments, allowances of President
C:-Salary of C and AG
D:-All of these
Correct Answer:- Option-D
75:-Which of the following fund/account has imprest in nature?
A:-Consolidated fund
B:-Contingency Fund
C:-Public Account
D:-Capital fund
Correct Answer:- Option-B
Question76:-Which among the following has no separate Public Account?
A:-State Govt
B:-Central govt
C:-Union Territory Govt
D:-None of these
Correct Answer:- Option-C
77:-Which among the following has only a Major head?
A:-Contingency fund
B:-Consolidated fund
C:-Public Account
D:-Both 2 and 3
Correct Answer:- Option-A
78:-As per revised coding pattern, the minor head has _______ digit code
A:-One
B:-Two
C:-Three
D:-Four
Correct Answer:- Option-C
79:-Monthly Accounts of State Govt is prepared by?
A:-Director, Kerala State Audit department
B:-Finance Secretary
C:-State Accountant general
D:-Planning board
Correct Answer:- Option-C
80:-__________ embrace regulation and authorisation of pay and allowance of Gazetted officers as per laws, regulations, and orders
A:-Audit Function
B:-Allotment Function
C:-Entitlement Function
D:-Authorisation Function
Correct Answer:- Option-C
81:-Subsidiary cages (maintained by Accountant General) of the Gazetted Officers are used for recording the following, Except:
A:-Orders authorising each alteration of emoluments
B:-Particulars of various post held
C:-Adjustment of long-term advances
D:-Detail regarding change in place of pension payment (Treasury)
Correct Answer:- Option-D
82:-Which of the following is issued by Accountant General, if both pension and family pension are reported at the same time?
A:-Pension Payment order
B:-Family pension
C:-Joint pension payment order
D:-None of these
Correct Answer:- Option-C
83:-What is the minimum amount of subscription to General provident Fund of State Govt employee?
A:-5% of basic pay
B:-6% of basic pay
C:-7% of basic pay
D:-No minimum amount is fixed by Govt
Correct Answer:- Option-B
84:-Central Govt servants due to retire on superannuation is exempted from making any subscription to GPF during the last __________
month of service
A:-Three
B:-Two
C:-Six
D:-One
Correct Answer:- Option-A
85:-____________ determine the salary, allowance and other terms of service of comptroller and Auditor General of India
A:-President of India
B:-Finance Minister
C:-Prime Minister of India
D:-Parliament
Correct Answer:- Option-D
86:-Consider the following duties/ responsibilities/ functions: Which among the following is/are not belong to C & AG?
(i) Upholding the constitution of India and Laws of Parliament in terms of financial Administration
(ii) Auditing of accounts connected to consolidated Fund
(iii) Auditing the debt transactions of central and State Govt
(iv) Conduct audit of all transactions of Reserve Bank of India
A:-(i) and (iv) only
B:-(iii) and (ii) only
C:-(ii) and (iv) only
D:-(iv) only
Correct Answer:- Option-D
87:-The initial accounts of all receipts on behalf of State Govt are generally maintained in?
A:-Accountant General's office
B:-Directorate of Kerala State Audit Department
C:-Treasury Department
D:-Finance Department
Correct Answer:- Option-A
88:-Proforma Accounts are generally maintained by?
A:-Service Department/ Establishment
B:-Commercial/ Quasi commercial Department
C:-Both 1 and 2
D:-None of these
Correct Answer:- Option-B
89:-Appropriation Account of Govt of Kerala is prepared by?
A:-Director, State Audit Dept
B:-Expenditure Secretary, Finance dept
C:-Director, Treasury dept
D:-Accountant General, Kerala
Correct Answer:- Option-D
90:-Transactions relating to debt, deposit, Remittance, advances, Suspense etc shall be recorded in ________
A:-Public Account
B:-Contingency Fund
C:-Consolidated Fund
D:-None of these
Correct Answer:- Option-A
91:-The audit of accounts of Govt companies is performed by comptroller and Auditor general in accordance with the provisions of
A:-Reserve bank of India Act
B:-Partnership Act
C:-Companies Act
D:-Securities and Exchange Board of India Act
Correct Answer:- Option-C
92:-Finance Accounts are generally prepared in ___________ parts
A:-One
B:-Two
C:-Three
D:-Four
Correct Answer:- Option-B
93:-The Chairman of the public Accounts Committee of the parliament is appointed by?
A:-Chairman, Rajya Sabha
B:-President
C:-Speaker, Lok Sabha
D:-Prime Minister
Correct Answer:- Option-C
94:-Which one of the following committees scrutinise in detail the report of the Comptroller Auditor General of India?
A:-Estimate Committee
B:-Public Accounts Committee
C:-Expenditure Committee
D:-None of these
Correct Answer:- Option-B
95:-The reports of the public Accounts Committee are presented to the _______
A:-Speaker, Lok Sabha
B:-President
C:-Chairman, Rajya Sabha
D:-Finance Minister
Correct Answer:- Option-A
96:-The Comptroller and Auditor General of India is regarded as a friend, philosopher, and guide of the ________
A:-Committee on Public Accounts and Public Undertakings
B:-Estimate Committee and Public Accounts committee
C:-Committee on Public Undertaking and Estimate Committee
D:-Committee on petition and Rules
Correct Answer:- Option-A
97:-The Comptroller and Auditor General of India have the complete authority to audit the accounts of:
A:-Union Govt
B:-State Govt
C:-Union territories having legislative assembly
D:-All of the above
Correct Answer:- Option-D
98:-Charges on account of all telegrams relating to currency matters should be debited to ___________
A:-Finance dept
B:-Reserve Bank of India
C:-Planning and Economic Affair Dept
D:-India Post Department
Correct Answer:- Option-B
99:-Audit Board System was introduced in the year?
A:-1967
B:-1968
C:-1969
D:-1970
Correct Answer:- Option-C
100:-______________ is the method of maintaining Government's daily cash balance at a level sufficient to meet its day-to-day needs.
A:-Ways and means
B:-Appropriation
C:-Surplus
D:-Re appropriation
Correct Answer:- Option-A
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