Departmental Tests

IIAA & KAC – Test 7

Journal and ledgers for transactions of a State Government is maintained by

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The accounts of a State Government are compiled by accountant general based on
a) The transaction in the state treasuries
b) The accounts furnished by the divisions who are vested with cheque drawing powers
c) The transactions made by Reserve Bank of India on behalf of the State Government
d) All the above
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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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A fund established by the Legislature in the nature of imprest, which is placed under the disposal of Governor is called
a) Consolidated Fund of the State
b) Contingency Fund of the State
c) Public Account of the State
d) Loans and advances from the Union Govt.
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Journal and ledgers for transactions of a State Government is maintained by
a) Accountant General (A & E)
b) Accountant General (Audit)
c) Finance Department
d) None of the above
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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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Which acts as a general clearing house for the adjustments of transanctions between different Governments
a) Office of the Comptroller and Auditor General of India
b) Office of the Union Finance Minister
c) Central Account Section of the Reserve Bank at Nagpur
d) None of these
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In a Parliamentary setup, which of the following does not apply on the overall process of financial administration?
a) Legislative Control
b) Administrative Control
c) Executive Control
d) Audit Control
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Taxes collected by Government are credited under
a) Consolidated Fund
b) Contingency Fund
c) Public Account
d) Provident Funt
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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 accounts of Government are based in the main on
a) Double Entry System
b) Journal and Ledger
c) Single Entry System
d) No loss no profit system
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The accounts of ————- are not maintained by the accountant general
a) Defence
b) Railway
c) States
d) (A) and (B)
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Technical name of the commenly known budget is
a) Preference Budgeting
b) Annual Financial Statement
c) Revenue Statement
d) Expenditure Statement
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The outstanding feature of a democracy is the accountability of the administration to the
a) Judiciary
b) Executive
c) Legislature
d) Constitution
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The total number of Ministers, including the P.M in the Council of Ministers shall not exceed ———- per cent of the total number of members of the House of the People
a) 8
b) 10
c) 15
d) 20
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How many members are there in the House of the People
a) 530
b) 550
c) 545
d) 560
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'New Service' means a scheme
a) Newly implemented
b) Not included in the budget
c) Does not require vote of legislature
d) Implemented on loans raised
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The divisions having cheque drawing power render their compiled accounts to
a) Director of treasuries
b) Finance Department
c) Accountant General (A & E)
d) None
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The service book of a government servant is checked in
a) Central Audit
b) Local Audit
c) Treasuries
d) Heads of department
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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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Registration fee is classified as a
a) Direct tax
b) Indirect tax
c) Non tax
d) Penalties
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The initial control, policy making, is exercised at the time of the presentation of the
a) Re – appropriation
b) Audit report
c) Budget
d) Administration report
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The audit of public works expenditure is done by
a) Divisional Accountant
b) Central Audit
c) Local Audit
d) All the three above
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The monthly Civil Accounts include
a) Major head receipts/ payments of the state for the month
b) Progressive receipts/ payments upto that month
c) Cash balance
d) All the three above
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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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