1 Under whose disposal is the Contingency Fund of India held?
(A) Finance Ministry
(B) President of India
(C) Comptroller & Auditor General of India
(D) Controller General of Accounts
2 Where is the Central Accounts Section of RBI situated?
(A) Mumbai
(B) Kolkata
(C) New Delhi
(D) Nagpur
3 Advances for meeting unforeseen expenditure in Central Government pending authorization of Parliament are given from which Fund of India? .
(A) Contingency Fund of India
(B) Consolidated Fund of India
(C) Public Accounts of India
(D) Union Budget
4 In the beginning of each month; to which office the treasuries submit the accounts supported by the requisite schedules, vouchers, etc., in respect of the transactions which took place in the treasury during the previous month?
(A) Accountant-General.
(B) Director of Treasuries
(C) Department of Finance
(D) Controller General of Accounts
5 Who submits monthly accounts of the State of Kerala to the State?
(A) Director of Treasuries
(B)Controller General of Accounts
(C) Accountant General
(D) None of these
6 Revenues received by the Central Government are credited to which Fund?
(A) Contingency Fund of India
(B) Consolidated Fund of India
(C) Public Accounts of India
(D) Union Budget
7 Loans raised by the State Government by issue of treasury bills are credited to which Fund?
(A) Contingency Fund of India
(B) Consolidated Fund of India
(C) Public Accounts of India
(D)Consolidated Fund of the State
8 Public money received by the State Government is credited to account?
(A) Contingency Fund of India
(B) Consolidated Fund of India
(C) Public Accounts of India
(D) Public Account
9 General banking business of the State Government is the business of a State Government is generally carried and transacted by which bank?
(A) Syndicate Bank
(B) Central Bank of India
(C) Reserve Bank of India
(D) None of these
10 Receipt and payments of moneys on behalf of a State falling out its jurisdiction are ordinarily arranged through which once
(A) Controller General of Accounts
(B) Accountant General
(C) Director of Treasuries
(D) Finance Department
11. Which section of the Reserve Bank of India maintains the complete accounts of the Central Government and of each of the State Governments with the State Bank of India?
(A) Chief Accounts Office of State Bank of India
(B) Central Accounts Section of Reserve Bank of India
(C) Chief Accounts Office of Central Bank of India
(D) None of these
12 Who prescribes the form of Annual Finance Accounts of the State?
(A) Controller General of Accounts with the approval of Governor
(B) Comptroller and Auditor General with the approval of President
(C) Director of Treasuries with the approval of State Cabinet
(D) Finance Department
13 Where are the initial accounts of all receipts on behalf of the State Government generally maintained?
(A) Treasury
(B) Accountant General's Office
(C) Controller General of Accounts
(D) None of these
14 Who compiles the accounts of Defence Services as a whole?
(A) Comptroller and Auditor General
(B) Controller General of Defence Accounts
(C) Ministry of Finance
(D) Director of Treasuries
15 Transactions initially taken against the balance of a State which are eventually adjustable to the balance of another State are passed onto the Accountant General of the latter State through which accounts?
(A) Settlement Accounts
(B) Exchange Accounts
(C) Suspense Accounts
(D) None of these
16 Finance Accounts of Kerala State are prepared by whom?
(A) Finance Department
(B) Director of Treasuries
(C) State Secretariat
(D) Accountant General of the State
17.Annual General Financial Statement submitted by CAG to the President represents what?
(A) Summary of accounts of Central Government
(B) Summary of accounts/transactions of all State Governments side by side
(C) Summary of accounts/transactions of Central and all State Governments side by side
(D) None of these
18. What is the separate account maintained by departmental commercial undertakings to ascertain the financial results of such undertakings, in addition to the regular accounts known as?
(A) Settlement Accounts
(B) Exchange Accounts
(C) Proforma Accounts
(D) None of these
19 Money settlement of transactions initially taken against the balance of State which are eventually adjustable to the balance of State is effected through which office?
(A) Central Accounts Section of RBI
(B) Directorate of Treasuries
(C) Central Bank of India
(D) Union Bank of India
20. Who is the authority to submit the Annual Finance Accounts of Central Government to the Central Government?
(A) Finance Ministry
(B) Director of Treasuries
(C) Comptroller and Auditor General
(D) Reserve Bank of India
21 Which among the following is the Department of Kerala Government of maintaining proforma accounts outside the regular accounts?
(A) State Water Transport Department
(B) Animal Husbandry Department
(C) Agriculture Department
(D) None of the above
22. Government accounts are generally maintained in which accounting system?
(A) Single entry system
(B) Double entry system
(C) Hybrid system
(D) None of these
23 What is the accounting period adopted by Governments in India for preparing the annual accounts?
(A) 1 April of a year to 31 March of the following year
(B) 1 January of a year to 31 December of the following year
(C) 1 March of a year to 29 February of the following year
(D) None of these
(A) 2018-19
(B) 2019-20
(C) Cannot be rectified
(D) None of the above
(A) 2018-19
(B) 2019-20
(C) Either in 2018-19 or 2019-20
(D) None of the above
26. Rent recovered on account of buildings in charge of departments other than Public Works Department should be accounted as receipt of
(A) The department holding charge of the building
(B) Public Works Department
(C) Shown as deduction of maintenance expenses of PWD
(D) None of these
27 Which among the following heads in the Government accounts are primarily meant for itemized control over expenditure?
(A) Major heads
(B) Minor heads
(C) Detailed heads
(D) Sub-heads
28. State Accountant General with due approval of CAG submits the State Annual Finance Accounts to whom?
(A) Governor of the State
(B) President of India
(C) Comptroller and Auditor General
(D) Reserve Bank of India
29. Travelling allowance of an officer paid from Local Fund, when travelling in the execution of Government duty, shall be charged to which account?
(A) General Revenues
(B) Local Fund
(C) Equally charged to General Revenues and Local Fund
(D) None of these
30. Accounting of transactions on the basis of actual cash payments and cash receipt is called
(A) Cash basis accounting
(B)Accrual basis accounting
(C) Hybrid System of accounting
(D) Double entry accounting
31. Expenditure on the maintenance of non-residential buildings under the administrative control of the Public Works Department and allotted to specific functions under social and community services are shown under the appropriate major head for ?
(A) Public Works
(B) Appropriate major head for the Department for which the buildings have been allotted
(C) Suspense account
(D) None of these
32. How many main divisions are there for Part I of the Government Accounts?
(A) 2
(B) 3
(C) 4
(D) 6
33. Which of the following form Part I of the State Government Accounts?
(A) Consolidated Fund of the State
(B) Contingency Fund of the State
(C) Public Accounts of India
(D) Public Accounts of the State
34 In which order Government transactions are accounted Government accounts?
(A) Division/Section, Sector/Sub sector Major Head
(B) Division/Section, Major Head, Sector/Sub sector
(C) Sector/Sub sector. Maior Head. Division/Section
(D) Major Head, Division/Section, Sector/Sub sector
35 Which is the main unit of classification in Government accounts:
(A) Division
(B) Minor head
(C) Sector
(D) Major head
36. Each minor head shall have a number of subordinate heads. What are these subordinate heads generally called?
(A) Major heads
(B) Sectors
(C) Sub-heads
(D) Sub-sectors
37. Which of the following form the third tier of the Five arrangement of classification structure of Government accounts:
(A) Sectors
(B) Major heads
(C) Minor heads
(D) Sub-heads
38. Major heads of Government accounts generally corresponds to which of the following?
(A) Functions of the Government
(B) Schemes/activities
(C) Programmes to achieve the objective of the functions
(D) None of the above
39. Which among the following constitute the primary unit of appropriation for the purpose of demands for grants of Government?
(A) Major heads
(B) Minor heads
(C) Sub-heads
(D) Detailed heads
40. Whose approval is required for abolition or change of nomenclature of any of the existing heads of classification?
(A) Finance Minister with the approval of Cabinet wherever necessary
(B) Director of Treasuries with the approval of Finance Minister wherever necessary
(C) Comptroller and Auditor General of India with the approval of President wherever necessary
(D) Controller of Accounts
41 Under which Article of the Constitution CAG derives the power to prescribe the form in which the accounts of the Union and of the States are kept?
(A) Article 150
(B) Article 149
(C) Article 151
(D) Article 166
42. As per general principle of classification, expenditure incurred by Public Works Department for construction of a hospital shall be debited as expenditure under which major heads?
(A) Appropriate major heads for Public Works
(B) Suspense head
(C) Appropriate major heads for Medical and Public Health
(D) None of the above
43. Charges for intermediate maintenance of a work not yet opened for service shall be treated as ?
(A) Capital
(B) Revenue
(C) Neither Capital nor Revenue
(D) None of these
44. The transit pay and allowances of a Government servant proceeding to join an office on transfer either temporarily or permanently is ordinarily debited to which office?
(A) The office from which he is proceeding
(B) The office to which he is proceeding
(C) Not eligible for transit pay and allowances
(D) None of these
45. Government transactions which incur a liability to repay the money received is accounted in which part of the Government accounts?
(A)Part I
(B) Part II
(C) Part III
(D) None of the above
46 Washing allowance to Class IV employees are classified under which head? .
(A) Salary
(B) Dearness Allowance
(C) Miscellaneous Allowance
(D) None of these
47. Travelling allowance and daily allowance to officers of State Government appointed as Members of Committees set up by Government of India are borne by whom?
(A) State Government
(B) Central Government
(C) Shared equally
(D) None of these
48. In how many parts are Government accounts kept?
(A) 2
(B) 1
(C) 3
(D) None of these
49. Who will bear the fees, travelling allowances, daily allowance and other remuneration of an officer of Government required to attend meetings or doing other works in connection with affairs of a public sector company?
(A) The public sector company for which the officer attended the meeting or done the work
(B) Government under which is working
(C) Shared by the public sector company and the Government
(D) None of the above
50. Expenditure on Public Works on the construction of non-residential buildings for administrative and office purposes of Government exclusively relating to functions under General Services will be accounted for under the appropriate major head for?
(A) Public Works or Capital Outlay on Public Works
(B) The relevant General Service
(C) Suspense
(D) None of these
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