FINAL ANSWER KEY
Paper: Kerala Financial Code (Paper II)
Date of 31-08-2019
Examination
Question1:-A grant made by the legislative assembly to regularise expenditure incurred in any previous financial year and above the amount
granted for a service during that year is called
A:-Supplementary grant
B:-Resumption
C:-Excess Grant
D:-Grant in aid
Correct Answer:- Option-C
Question2:-_________ is for meeting unforeseen, but unavoidable expenditure pending authorisation by legislature.
A:-contingency fund
B:-public account
C:-consolidated fund
D:-relief fund
Correct Answer:- Option-A
Question3:-Which of the following department included in the list for which the bills are encashable on the first day of month?
A:-agriculture
B:-education
C:-co-operation
D:-registration
Correct Answer:- Option-D
Question4:-Under ___________, the contractor agrees to execute a complete work with all its contingencies in accordance with the drawings and
specifications for a fixed sum.
A:-Schedule contract
B:-Piece-work contract
C:-Lumpsum contract
D:-Percentage rate contract
Correct Answer:- Option-C
Question5:-All works done should be recorded in a measurement book in
A:-Form KPW 18
B:-Form KPW 21
C:-Form KPW 11
D:-Form KPW 6
Correct Answer:- Option-B
Question6:-Contribution towards relief of poor whose houses have been destroyed by fire is made ______ from Discretionary Grant.
A:-District collector
B:-Governor
C:-Chief Minister
D:-Head of Depts.
Correct Answer:- Option-A
Question7:-The disbursement of Grants to the libraries will be completed before the end of ________ in each financial year, as far as possible.
A:-March
B:-January
C:-February
D:-December
Correct Answer:- Option-C
Question8:-No expenditure should be incurred on a __________ even if there are savings within the Grant before supplementary grant is thus
obtained.
A:-Major work
B:-Capital asset
C:-Special service
D:-New service
Correct Answer:- Option-D
Question9:-Which of the following is not included in standard objects of expenditure?
A:-minor work
B:-secret service expenditure
C:-grant in aid and contribution
D:-transfer to contingency fund
Correct Answer:- Option-D
Question10:-One of the following is not a charged items of expenditure.
A:-salary and allowances of deputy speaker of state assembly
B:-salary and allowances of Chief Minister
C:-salary and allowances of PSC Chairman
D:-salary and allowances of Governor
Correct Answer:- Option-B
Question11:-Who is the estimating officer of Suspense Accounts?
A:-Finance Secretary
B:-Accountant General
C:-Treasury Director
D:-Inspector General of Registration
Correct Answer:- Option-B
Question12:-The budget shall be presented to the Assembly on a days as the _________ may appoint.
A:-Speaker
B:-Finance Minister
C:-Governor
D:-Chief Minister
Correct Answer:- Option-C
Question13:-Which of the following is not included in Public Account?
A:-Small savings
B:-Tax revenue
C:-Suspense and miscellaneous
D:-Reserve funds
Correct Answer:- Option-B
Question14:-Public undertakings committee of the Legislature shall not examine and investigate
A:-audit reports of public undertakings
B:-matters of day-to-day administration
C:-efficiency of the public undertakings
D:-matters be allotted by speaker
Correct Answer:- Option-B
Question15:-No _________ will be considered for inclusion in the next years budget, unless it is received by the Finance Dept. before first November
of year.
A:-Part II scheme
B:-Major works
C:-Supplementary Grant
D:-Departmental estimate
Correct Answer:- Option-A
Question16:-In Kerala the first attempt for __________ was made in 1970-71.
A:-zero budgeting
B:-administrative reforms
C:-performance budgeting
D:-vote of credit
Correct Answer:- Option-C
Question17:-A Grant is not always co-extensive with a
A:-sector
B:-major head of account
C:-minor head of account
D:-detailed head of account
Correct Answer:- Option-B
Question18:-__________ acting on behalf of the Comptroller and Auditor General, examines the accounts to ensure that the grants made by the
legislature have been spent according to rules and regulations.
A:-Director of State Audit
B:-Advocate General Audit
C:-Accountant General
D:-State performance Audit Officer
Correct Answer:- Option-C
Question19:-________ committee of legislature will examine the Audit Report of Accountant General presented in Assembly.
A:-Public Grievance Committee
B:-Estimate Committee
C:-Local fund Accounts Committee
D:-Public Accounts Committee
Correct Answer:- Option-D
Question20:-_________ are treated as 'charged' expenditure.
A:-travelling expenses of Chief Minister
B:-Decretal claims
C:-Minor repair charges
D:-New service
Correct Answer:- Option-B
Question21:-The power to make grant for meeting an unexpected demand upon resources of the state is
A:-vote on credit
B:-vote on account
C:-extraordinary grant
D:-demand for grant
Correct Answer:- Option-A
Question22:-_________ was introduced with effect from 1.4.1974
A:-supplementary grant
B:-ways and means advance
C:-grant-in-aid
D:-letter of credit
Correct Answer:- Option-D
Question23:-The act of formed acceptance by Finance Dept. of funds in excess of requirements, surrendered by the controlling officers
A:-reappropriation
B:-resumption
C:-cut motion
D:-tocken grant
Correct Answer:- Option-B
Question24:-Accountant General Issues warning slip to Finance Secretary and Chief Controlling officer when
A:-there is appropriation is insufficient to meet demand
B:-there is likelihood of expenditure exceeding the appropriation
C:-there is likelihood to misuse of fund by departmental head
D:-there is diversion of fund from one head to another head
Correct Answer:- Option-B
Question25:-_________ should maintain a register of expenditure and liabilities in Form KBM-12.
A:-controlling officers
B:-treasury officers
C:-finance officers
D:-disbursing officers
Correct Answer:- Option-D
Question26:-Which of the following is not a budget document?
A:-details of staff` `
B:-evaluation report
C:-report of public accounts committee
D:-performance budget
Correct Answer:- Option-C
Question27:-________ is not included in the list of officers responsible to forward consolidated stones and stock accounts to the Accountant
General.
A:-Director fire force
B:-Director of Agriculture
C:-Inspector General of Prison
D:-Director of Panchayath
Correct Answer:- Option-D
Question28:-__________ register is maintained in KFC Form 15.
A:-auction
B:-stock
C:-tender
D:-day book
Correct Answer:- Option-C
Question29:-All articles and materials which came into the possession of a Govt. Servant for use in Public service.
A:-goods
B:-stock
C:-stores
D:-public utilities
Correct Answer:- Option-C
Question30:-In departmental work, separate Muster Roll shall be prepared for each
A:-day
B:-month
C:-week
D:-fortnight
Correct Answer:- Option-B
Question31:-A Govt. employee who sustained injuries while on duty will be paid compensation called
A:-Exgratia
B:-Special injury allowance
C:-Compensatory payment
D:-Gratuity
Correct Answer:- Option-A
Question32:-House building advance to Non Gazetted officer is sanctioned by
A:-head of dept.
B:-head of office
C:-administrative dept.
D:-finance dept.
Correct Answer:- Option-A
Question33:-Transfer advance shall be recovered from the Govt. servants pay in __________ equal instalments.
A:-5
B:-3
C:-4
D:-2
Correct Answer:- Option-B
Question34:-Which of the following is not a Local fund
A:-KSEB working fund
B:-Market committe fund
C:-Library fund
D:-Contingency fund
Correct Answer:- Option-D
Question35:-Register of contingent expenditure in a office shall be preserved for ________ completed years.
A:-10
B:-5
C:-20
D:-25
Correct Answer:- Option-B
Question36:-The Earnest Money Deposit for stores purchase tender may not be accepted as
A:-cash
B:-Govt. Promissory note
C:-Cheque
D:-Demand draft
Correct Answer:- Option-C
Question37:-The department in which first performance budget was introduced in the state
A:-agriculture
B:-fisheries
C:-public works
D:-social justice
Correct Answer:- Option-C
Question38:-The reappropriation between minor heads is done by
A:-Head of department
B:-Finance Dept.
C:-Administrative Dept.
D:-Accountant General
Correct Answer:- Option-B
Question39:-The Contingency fund has been created under Article _______ of constitution.
A:-267 (2)
B:-212
C:-118
D:-213 (1)
Correct Answer:- Option-A
Question40:-Public Accounts committee have ________ members.
A:-7
B:-5
C:-11
D:-15
Correct Answer:- Option-C
Question41:-The admissibility of cut motion in Legislative Assembly decided by
A:-Leader of opposition
B:-Speaker
C:-Chief Minister
D:-Governor
Correct Answer:- Option-B
Question42:-Which of the following is not included in the term 'stores' in KFC?
A:-Dietary products
B:-Office furniture
C:-Laboratory equipments
D:-Books
Correct Answer:- Option-A
Question43:-Who will sign the report of Estimate committee?
A:-Legislature Secretary
B:-Speaker
C:-Chairman
D:-Finance Secretary
Correct Answer:- Option-C
Question44:-The proposal for reappropriation of funds by administrative department shall reach finance dept. on or before
A:-31 March
B:-20 March
C:-25 February
D:-20 February
Correct Answer:- Option-C
Question45:-The last tier classification of Govt. Accounts is
A:-Minor head
B:-Detailed head
C:-Sub bead
D:-Sector
Correct Answer:- Option-B
Question46:-The introduction of new major head or minor head will require approval of
A:-Comptroller and Auditor General
B:-Govt. of India
C:-Governor
D:-General Administrations Dept.
Correct Answer:- Option-A
Question47:-_______ for the current year should form the basis for preparing Budget estimates for the coming year.
A:-estimate
B:-appropriation
C:-revised estimate
D:-supplementary estimate
Correct Answer:- Option-C
Question48:-The procedure to be followed for obtaining an excess grant has been described in _________ of Kerala Budget Manual.
A:-Appendix 3
B:-Appendix 12
C:-Appendix 8
D:-Appendix 15
Correct Answer:- Option-D
Question49:-_______ is the estimating officer of Grants for Central plan schemes.
A:-Finance dept.
B:-Heads of depts.
C:-Accountant General
D:-Commissioner of Rural development
Correct Answer:- Option-B
Question50:-Obtaining additional appropriation is
A:-reappropriation
B:-reallocation
C:-supplementary grant
D:-none of the above
Correct Answer:- Option-C
Question51:-Construction or purchase of Boats require the sanction of
A:-Fisheries Director
B:-Transport Commissioner
C:-Govt.
D:-Fire Force Director
Correct Answer:- Option-C
Question52:-Which of the following taluk is not included in the list of places where there is risk of filariasis?
A:-Kozhikode
B:-Ponnani
C:-Kayamkulam
D:-Eranad
Correct Answer:- Option-D
Question53:-The Procedure to be followed for bank guarantee scheme is explained in
A:-Appendix 18 KFC Vol-2
B:-Appendix 9 KFC Vol-2
C:-Appendix 11 KFC Vol-2
D:-Appendix 14 KFC Vol-2
Correct Answer:- Option-B
Question54:-Statement showing particulars of officers occupying Govt. residential building is to be prepared in KFC
A:-KFC Form 1A
B:-KFC Form 22
C:-KFC Form 18
D:-KFC Form 28
Correct Answer:- Option-A
Question55:-Register of __________ of establishment of a Govt. office is prepared in KFC Form 9-A
A:-Advance T.A.
B:-Promotions
C:-Increment
D:-Service Book
Correct Answer:- Option-C
Question56:-Sanction of purchase of a wall clock for a sub office may sanctioned by
A:-Head of office
B:-Head of Dept.
C:-Stationary Director
D:-Govt.
Correct Answer:- Option-B
Question57:-The cost of tender form may be accepted in the form of
A:-Promissory note
B:-Bank Guarantee
C:-Cash
D:-Postal order
Correct Answer:- Option-C
Question58:-Security deposit is _______ of the total value of the contract in Stores Purchase.
A:-5%
B:-10%
C:-2%
D:-1%
Correct Answer:- Option-A
Question59:-_________ will arrange the payment for Stores purchased from foreign countries.
A:-Indian Embassy
B:-Central Finance Dept.
C:-Ministry of foreign affairs
D:-Accountant General
Correct Answer:- Option-D
Question60:-All wages not claimed within __________ months should be forfeited.
A:-one
B:-four
C:-three
D:-two
Correct Answer:- Option-C
Question61:-Which of the following is an interest free advance?
A:-Motor cycle advance
B:-Advance for officers deputed for training
C:-Advance for motor cycle
D:-Advance for house building
Correct Answer:- Option-B
Question62:-If the security is furnished in the form of _________, registration of security is compulsory.
A:-Promissory note
B:-Fixed deposit
C:-Share certificate
D:-Immovable property
Correct Answer:- Option-D
Question63:-The Articles which deposited treasury for safe custody shall be verified
A:-once in 5 years
B:-once in 6 months
C:-once in a year
D:-once in 3 months
Correct Answer:- Option-C
Question64:-Expenditure incurred with the object of increasing concrete asset is
A:-revenue expenditure
B:-capital expenditure
C:-civil expenditure
D:-sundry expenditure
Correct Answer:- Option-B
Question65:-Log book is maintained in the offices with
A:-photostat machine
B:-computer and printer
C:-vehicles
D:-internet connection
Correct Answer:- Option-C
Question66:-The value of Govt. land and building transferred to a commercial department shall be fixed by
A:-Thahsildar
B:-RDO
C:-Revenue Secretary
D:-None of the above
Correct Answer:- Option-D
Question67:-Commercial departments are following
A:-Simple accounts
B:-Capital accounts
C:-Proforma accounts
D:-Revenue accounts
Correct Answer:- Option-C
Question68:-A deposit credited to the Govt. on lapse should only be repaid with the previous sanction of
A:-Accountant General
B:-Govt.
C:-Head of Dept.
D:-District collector
Correct Answer:- Option-A
Question69:-Sale proceeds of interstate property is included in
A:-civil deposits
B:-civil court deposit
C:-personal deposit
D:-criminal court deposit
Correct Answer:- Option-B
Question70:-________ will furnish the Govt. with the annual statement of outstanding loans to enable the Govt. to review the transactions.
A:-Head of depts.
B:-Controlling officers
C:-Disbursing officers
D:-Accountant General
Correct Answer:- Option-D
Question71:-Utilisation certificate of loans to local bodies are issued by
A:-Accountant General
B:-Director of State audit
C:-Director of Panchayath
D:-Director of Performance audit
Correct Answer:- Option-B
Question72:-Rate contract is settled by
A:-Head of Dept.
B:-Stores purchase Dept.
C:-Finance Dept.
D:-Accountant General
Correct Answer:- Option-B
Question73:-The minimum time allow tenderer to submit tender for ordinary stores which can be procured within the country is
A:-3 months
B:-21 days
C:-one month
D:-15 days
Correct Answer:- Option-C
Question74:-When jail works are executed by the contract system, _______ should be employed by the 'contractor'.
A:-hired labour
B:-surplus labour
C:-labour from labour contract society
D:-jail labour
Correct Answer:- Option-D
Question75:-The allowances paid in lieu of the rights enjoyed by some former Rajas chieftains
A:-Jemibogan
B:-Arthapalisa
C:-Tsadic allowance
D:-Malikhanas
Correct Answer:- Option-D
Question76:-No money can be withdrawn from consolidated fund without
A:-supplementary demand for Grant
B:-revised budget
C:-appropriation act
D:-resumption
Correct Answer:- Option-C
Question77:-Appropriation account and finance accounts are prepared with reference to the book of account of
A:-Treasury Director
B:-Finance Secretary
C:-Accountant General
D:-Controlling officers
Correct Answer:- Option-C
Question78:-Kerala Contingency act was passed in the year
A:-1971
B:-1957
C:-1959
D:-1960
Correct Answer:- Option-B
Question79:-The treasury of officer maintain ______ register to watch budget allocation.
A:-payment register
B:-reappropriation register
C:-appropriation control register
D:-cash book
Correct Answer:- Option-C
Question80:-Chief controlling officers submit monthly returns of Expenditure in form
A:-KBM 16
B:-KBM 19
C:-KBM 22
D:-KBM 6
Correct Answer:- Option-A
Question81:-General services in Expenditure Heads (Revenue Account) does not include
A:-posts and telegraph
B:-fiscal services
C:-administrative services
D:-defence services
Correct Answer:- Option-A
Question82:-The system of Appropriation control introduced in __________ Department in 1.4.1974.
A:-Police
B:-Ports
C:-Economics and statistics
D:-Indian systems of Medicine
Correct Answer:- Option-A
Question83:-KFC Form 19 is used for
A:-Day book of stores
B:-stock account of furniture
C:-bill for advance
D:-stock register of books and periodicals
Correct Answer:- Option-D
Question84:-Report of damage to immovable Govt. property to be sent to Accountant General in
A:-KFC Form 28
B:-KFC Form 44
C:-KFC Form 47
D:-KFC Form 52
Correct Answer:- Option-C
Question85:-A Register in Form 16 should be maintained to show the details of
A:-Day book of stores
B:-EMD received
C:-Late tender received
D:-Security Deposit received
Correct Answer:- Option-A
Question86:-An appropriation lapse
A:-at the close of calendar year
B:-at the close of financial year
C:-at the close of month allotted
D:-none of the above
Correct Answer:- Option-B
Question87:-Departmental heads should prepare budget estimate
A:-in original
B:-in duplicate
C:-in triplicate
D:-none of the above
Correct Answer:- Option-B
Question88:-Revenue expenditure are met from
A:-capital receipts
B:-public account
C:-revenue receipts
D:-revenue deficit
Correct Answer:- Option-C
Question89:-The second stage of Budgetary cycle is
A:-preparation of budget
B:-execution of budget
C:-review of budget
D:-passing of budget
Correct Answer:- Option-D
Question90:-In classification of accounts a scheme or activity is represented by
A:-Minor head
B:-Sub-head
C:-Sector
D:-Object head
Correct Answer:- Option-B
Question91:-The Liability Register as per KBM is maintained in Form No.
A:-18
B:-21
C:-14
D:-12
Correct Answer:-Question Cancelled
Question92:-If Govt. building is let to a Pensioner, rent shall be paid
A:-after the close of the month
B:-in advance
C:-in two instalment in a month
D:-in the form of security deposit
Correct Answer:- Option-B
Question93:-Every head of Dept. should submit annually, on or before __________ to the Accountant General a statement showing waivers of
Revenue sanctioned during the preceding year.
A:-31 March
B:-1st June
C:-1st July
D:-30th April
Correct Answer:- Option-B
Question94:-___________ become due for payment on the last day of month in which they are earned.
A:-Grant in aid
B:-Electricity charges
C:-Medical Reimbursement
D:-Pay and allowances
Correct Answer:- Option-A
Question95:-When Govt. servants are transferred from one office to another, their service books should be made available in new office within
__________ of transfer.
A:-three months
B:-15 days
C:- one month
D:-7 days
Correct Answer:- Option-C
Question96:-Copies of tender notices issued by purchasing officers will be sent to __________ for information.
A:-Economics and statistics dept.
B:-Indian standard institution
C:-Central statistical organisation
D:-Accountant General
Correct Answer:- Option-B
Question97:-Advance for eradication of plant pests is _________ advance.
A:-civil
B:-forest
C:-revenue
D:-special
Correct Answer:- Option-D
Question98:-Who is the treasurer of Charitable endowment for the State?
A:-Director of State Audit
B:-Accountant General
C:-Director of Social Justice Dept.
D:-Finance Secretary
Correct Answer:- Option-A
Question99:-The Lapsing of Civil court deposits to the Govt. is governed by the rules issued by the
A:-Advocate General
B:-Accountant General
C:-Finance Dept.
D:-None of the above
Correct Answer:- Option-D
Question100:-Grant in aid to medical institutions should be drawn on bills signed by the Managers of such institution and counter signed by
A:-District collector
B:-Director of Health services
C:-District Medical officer
D:-Health Secretary
Correct Answer:- Option-C
