Departmental Tests

IIAA & KAC – Test 4

The forms of the Annual accounts and balance sheet of a Government coporation is determined by

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Revenue receipts of a government comprises of
a) Tax only
b) Non tax only
c) Grants-in-aid
d) All the three
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Who appoints the Attorney- General of India
a) The President of India
b) The Prime Minister of India
c) The Vice-President of India
d) The Chief Justice of India
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Legislative control over the finances is exercised first at the time of
a) Policy making
b) Election
c) Budget preparation
d) Policy implementation
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The Vice-President shall be elected by
a) Elected members of the Lok Sabha
b) Elected members of the Rajya Sabha
c) All members of both Houses of Parliament
d) Electoral college consisting of members of both Houses of Parliament
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———— give an idea of the debt position of the Government
a) Public Account
b) Public Debt
c) Loans and advances
d) None of the above
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Revenues received by a Government is credited to
a) Consolidated Fund
b) Contingency Fund
c) Public Account
d) Private Account
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The forms of the Annual accounts and balance sheet of a Government coporation is determined by
a) State Government
b) Union Government
c) State Government in Consultation with CAG
d) Corporation itself
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Who discharge the function of the President of India when he is unable to discharge his function due to absence, illness or any other cause?
a) The Chief Justice of India
b) The Prime Minister of India
c) The Vice-President of India
d) The Speaker of Lok Sabha
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The Consolidated Fund of the Central Government is known as
a) Consolidated Fund of Central
b) Consolidated of the Union
c) Consolidated Fund of India
d) Consolidated Fund
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During any period when the Vice-President acts as President shall not perform the duties of the
a) The Vice-President
b) The Chief of Army Staff
c) The Chairman of the Council of States
d) None of the above
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The Contingency Fund of the Union is at the disposal of
a) Prime Minister of India
b) President of India
c) Finance Minister of the Union
d) Finance Secretary, Central Govt.
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Executive power of the Indian Union vests in the
a) Prime Minister
b) Finance Secretary
c) President of India
d) Finance Minister
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The Scope of State Audit does not encompass
a) Managerial accountability
b) Programme accountability
c) Fiscal accountability
d) Administrative accountability
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Presentation of the annual budget or the annual financial statement comes under:
a) Legislative control
b) Administrative control
c) Audit control
d) Accounting control
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No person shall be eligible for election as Vice-President unless he is qualified for election as a member of the
a) House of People
b) Council of States
c) Public Accounts Committee of the Legislature
d) None of the above
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The responsibility for compiling the accounts of the Union Government vests with
a) CAG
b) Controller General of Accounts
c) Finance Department
d) Finance Secretary
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Authority to decide whether a Bill introduced in the House of the People is a Money Bill or not is the
a) Finance Minister of the Union Govt.
b) Majority of Members of Parliament
c) Speaker of the House of the People
d) Vice-President of India
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All monthly transactions of whatever nature connected with the receipts and payments pertaining to each department or major head of account is called
a) Monthly Accounts
b) Combined Accounts
c) Finance Accounts
d) Departmental Classified Abstracts
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E.L. Norman states “without audit no accountability, without accountability no ————”
a) Audit
b) Accounts
c) Budget
d) Control
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In the Audit Control, Scope of State Audit encompasses the elements
a) Fiscal accountability
b) Programme accountability
c) Managerail accountability
d) All the above
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The detailed accounts of the receipts and payments of ————- Department are not maintained in the treasury
a) Education
b) Medical
c) Public Works
d) Government Secretariat
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For approval and transmission to the Governor of the State Concerned, the Finance Accounts are prepared by
a) The Finance Minister of India and submitted to Prime Minister
b) The State Accountant General and submitted to Speaker of Lok Sabha
c) The Finance Minister of India and Submitted to the C & AG
d) The State Accountant General and submitted to Comptroller and Auditor General
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To secure accountability of the lower information in the area of administration —————– is the main instrument.
a) State Audit
b) Audit control
c) Administrative control
d) Legislative control
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A State Government may raise money under borrowings upon security of the Consolidated Fund of State fixed by law, by the:
a) Governor
b) Accountant General
c) President of India
d) Legislature of the State
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Government accounts represent the actual cash receipts/ disbursements
a) TRUE
b) FALSE
c) Mostly true
d) Confusing
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