Α.M.M. Examination 2022 - Finance Quiz

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Questions and Answers

Which designation of the members of the Railway Board is incorrect?

  • Member Finance
  • Financial Commissioner (correct)
  • Member (T&RS)
  • Member (O & BD)

Which function is not performed by the Finance Department for stores tenders?

  • Payment to supplier (correct)
  • Vetting of PO
  • Acceptance of tender
  • Signing of tender committee minutes

Who is authorized to conduct the statutory audit of the accounts of Indian Railways?

  • CAG (correct)
  • PFA
  • CRIS
  • KPMG

Under which head are the materials issued to workshops generally charged?

<p>SINT (B)</p> Signup and view all the answers

Which book contains the detailed distribution of budget allotments made to railway administrations?

<p>Pink Book (A)</p> Signup and view all the answers

Where is the difference between the sale value and book value of a scrap item booked?

<p>Loss Head (A)</p> Signup and view all the answers

What form is used for the preparation of the Stock Verification (SV) sheet by Stock Verifiers in the Accounts Department?

<p>S 1260 (D)</p> Signup and view all the answers

In the books of accounts, which Capital Sub-head is used for posting Imported purchases?

<p>P. 7120 (D)</p> Signup and view all the answers

Where are the transactions related to differences between Ledger balances and Ground balances during Departmental Verification booked?

<p>P. 7181 (D)</p> Signup and view all the answers

Which of the following is NOT included in the responsibilities of the Stores Accounts Office as per the text?

<p>Losses due to theft and fraud (C)</p> Signup and view all the answers

Which action is considered to be in line with the Canons of financial propriety?

<p>Sanctioning withdrawal from one's own Provident Fund (D)</p> Signup and view all the answers

In which form is the SA Account maintained as per the text?

<p>S 2740 (B)</p> Signup and view all the answers

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