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Questions and Answers
What is the primary purpose of apportioning earnings between railways?
What is the primary purpose of apportioning earnings between railways?
Which type of traffic is NOT subject to apportionment?
Which type of traffic is NOT subject to apportionment?
How often are through traffic transactions settled between railways based on apportionment?
How often are through traffic transactions settled between railways based on apportionment?
What is the basis for apportioning revenue between different railways?
What is the basis for apportioning revenue between different railways?
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What is deducted from the gross earnings before apportionment?
What is deducted from the gross earnings before apportionment?
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What does 'rationalization' refer to in the context of route determination for apportionment?
What does 'rationalization' refer to in the context of route determination for apportionment?
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What is the main function of the Centralised Apportionment System (CAS)?
What is the main function of the Centralised Apportionment System (CAS)?
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Which railway is designated as the nodal railway for the Centralised Apportionment System (CAS)?
Which railway is designated as the nodal railway for the Centralised Apportionment System (CAS)?
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Which book contains the details of apportionment of funds between railways?
Which book contains the details of apportionment of funds between railways?
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When is the matrix table containing the apportioned earnings prepared?
When is the matrix table containing the apportioned earnings prepared?
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How are terminal costs for railway freight typically shared?
How are terminal costs for railway freight typically shared?
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What is the terminal cost per tonne based on this content?
What is the terminal cost per tonne based on this content?
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How are freight charges apportioned after deducting transhipment, terminal cost, and GST?
How are freight charges apportioned after deducting transhipment, terminal cost, and GST?
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What percentage of UTS transaction data is provided by CRIS for apportionment purposes?
What percentage of UTS transaction data is provided by CRIS for apportionment purposes?
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How is the data for Passenger Reservation System (PRS) processed for apportionment?
How is the data for Passenger Reservation System (PRS) processed for apportionment?
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How is the apportionment percentage for various railways typically calculated?
How is the apportionment percentage for various railways typically calculated?
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What financial document is used as the basis for apportionment of goods traffic?
What financial document is used as the basis for apportionment of goods traffic?
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If a train's route is diverted after invoices have been submitted to the TAO, what happens?
If a train's route is diverted after invoices have been submitted to the TAO, what happens?
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What does the term 'Local + part of Fgn traffic' refer to in the context of originating earnings?
What does the term 'Local + part of Fgn traffic' refer to in the context of originating earnings?
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In the example provided, what is the apportioned earnings percentage of a railway with total originating earnings of 100, a retained portion of 90, inward share of 30 and outward share of 10?
In the example provided, what is the apportioned earnings percentage of a railway with total originating earnings of 100, a retained portion of 90, inward share of 30 and outward share of 10?
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What is a key factor in determining the compensation for enroute railways?
What is a key factor in determining the compensation for enroute railways?
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What is the frequency for the completion of accounts related to through traffic transactions?
What is the frequency for the completion of accounts related to through traffic transactions?
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Which type of earnings is explicitly excluded from apportionment?
Which type of earnings is explicitly excluded from apportionment?
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What method is used to calculate apportionment among railways?
What method is used to calculate apportionment among railways?
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What is the difference between originating and enroute railways in terms of financial burden?
What is the difference between originating and enroute railways in terms of financial burden?
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What costs are subtracted from the gross earnings prior to apportionment?
What costs are subtracted from the gross earnings prior to apportionment?
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Which aspect does not influence the rationalization of route choices during apportionment?
Which aspect does not influence the rationalization of route choices during apportionment?
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What is the purpose of the Centralized Apportionment System (CAS)?
What is the purpose of the Centralized Apportionment System (CAS)?
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Which statement about the issuance of vouchers for through traffic is accurate?
Which statement about the issuance of vouchers for through traffic is accurate?
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Which of the following statements about terminal costs is accurate?
Which of the following statements about terminal costs is accurate?
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What is the role of CRIS in the apportionment process?
What is the role of CRIS in the apportionment process?
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Which aspect does NOT affect the apportionment of earnings among railways?
Which aspect does NOT affect the apportionment of earnings among railways?
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How is the retained portion of earnings calculated based on the given example?
How is the retained portion of earnings calculated based on the given example?
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What is the purpose of deducting a 5% charge from terminal charges?
What is the purpose of deducting a 5% charge from terminal charges?
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What is the relationship between the average calculation period and apportionment percentages?
What is the relationship between the average calculation period and apportionment percentages?
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Which financial aspect is exclusively received by the originating railway?
Which financial aspect is exclusively received by the originating railway?
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What determines the goods traffic apportionment process?
What determines the goods traffic apportionment process?
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What is the total resulting app earnings of a railway with an originating earning of 100, retained portion of 90, inward share of 30, and outward share of 10?
What is the total resulting app earnings of a railway with an originating earning of 100, retained portion of 90, inward share of 30, and outward share of 10?
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In what situation might the diversion of traffic occur at a party request?
In what situation might the diversion of traffic occur at a party request?
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What is the primary function of the monthly settlement of through traffic transactions?
What is the primary function of the monthly settlement of through traffic transactions?
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Which entity is NOT involved in the apportionment process?
Which entity is NOT involved in the apportionment process?
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What is the geographical scope of the earning apportionment process?
What is the geographical scope of the earning apportionment process?
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Which of these is a crucial factor in the amount of compensation provided for enroute railways?
Which of these is a crucial factor in the amount of compensation provided for enroute railways?
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What is the 'matrix table' used for in the apportionment process?
What is the 'matrix table' used for in the apportionment process?
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Which cost is specifically deducted before the apportionment of earnings?
Which cost is specifically deducted before the apportionment of earnings?
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What aspect is considered to determine the route for apportionment?
What aspect is considered to determine the route for apportionment?
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What type of cost compensation does the originating/destination railway receive on top of leg-wise proportion?
What type of cost compensation does the originating/destination railway receive on top of leg-wise proportion?
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What is the typical time frame for the completion of railway accounting and settlements?
What is the typical time frame for the completion of railway accounting and settlements?
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Which of the following is NOT apportioned?
Which of the following is NOT apportioned?
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Which of the following best describes how terminal costs are applied?
Which of the following best describes how terminal costs are applied?
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What is the primary reason for apportioning freight charges based on distance?
What is the primary reason for apportioning freight charges based on distance?
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How are 'Busy season surcharges' typically handled in the apportionment process?
How are 'Busy season surcharges' typically handled in the apportionment process?
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What is the significance of the data processed by CRIS?
What is the significance of the data processed by CRIS?
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Why are averages worked out using data from the 11th to the 20th of each month?
Why are averages worked out using data from the 11th to the 20th of each month?
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What specifically is the financial outcome of the apportionment process transcribed to Part ‘C’?
What specifically is the financial outcome of the apportionment process transcribed to Part ‘C’?
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What is the impact of traffic diversion on the apportionment process?
What is the impact of traffic diversion on the apportionment process?
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What happens to the terminal charges after they are deducted?
What happens to the terminal charges after they are deducted?
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What does the term ‘outward share’ represent in the calculation provided?
What does the term ‘outward share’ represent in the calculation provided?
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According to the content, which of the following financial aspects is NOT subject to apportionment?
According to the content, which of the following financial aspects is NOT subject to apportionment?
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Flashcards
Apportionment of Earnings
Apportionment of Earnings
The process of dividing earnings from traffic carried over multiple railways among the participating railways.
Through Traffic
Through Traffic
Traffic that originates on one railway and travels through another railway before reaching its final destination.
Voucher
Voucher
A document issued by the originating station for traffic carried over multiple railways, encompassing all charges and details related to the shipment.
Originating Railway
Originating Railway
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Destination Railway
Destination Railway
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Enroute Railways
Enroute Railways
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Terminal Cost
Terminal Cost
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CAS (Centralized Apportionment System)
CAS (Centralized Apportionment System)
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Rationalization
Rationalization
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Transhipment Cost
Transhipment Cost
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Busy Season Surcharge
Busy Season Surcharge
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Freight Charge Apportionment
Freight Charge Apportionment
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CRIS (Computerized Reservation and Information System)
CRIS (Computerized Reservation and Information System)
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Apportioned Ratio
Apportioned Ratio
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Inward Share
Inward Share
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Outward Share
Outward Share
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Traffic Diversion
Traffic Diversion
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Invoice
Invoice
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Centralized Apportionment System (CAS)
Centralized Apportionment System (CAS)
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Study Notes
Apportionment of Earnings
- Earnings from traffic shared if carried by multiple railways, with only one receiving payment.
- Through traffic, a single voucher issued by the initial station.
- Earnings are apportioned after Accounts Office internal check.
- Settlement happens monthly, based on net results of apportionment.
- Apportionment period is the full calendar month.
Why Apportionment
- Today's traffic (goods and parcels) is often diverted; origination station records but traffic crisscrosses other railways.
- En route railways incur expenses (track maintenance, fuel, staff, signaling, and electricity) that need compensation.
- Origination and destination railways have additional expenses that are compensated.
Apportionment by CRIS
- Earlier done by RITES, at zonal, not divisional level.
- Centralized Apportionment System (CAS).
- Separate apportionment for coaching and goods traffic, dealt with in Traffic Book Part B.
- Net result is transcribed to Part C of the book.
- Matrix table ready by the 4th of the following month, distributed to all railways by CRIS.
Earnings Apportioned
- Apportionment is only for Through Traffic.
- Passengers include PRS, UTS, and PCTs.
- Goods and parcels traffic is apportioned.
- Luggage, EFT, and HCD earnings are not apportioned.
Apportionment of Goods
- Apportionment is based on distance of the route; shortest route unless rerouted.
- Only for notified routes.
- Transhipment costs are deducted before apportionment, Rs.503 (formerly Rs.408) per tonne for the undertaking the transshipment.
- Terminal costs (Originating and Destination) are shared among them for activities like marketing, rolling stock detention and shunting, etc. Cost: Rs 26 per tonne.
Contd...
- Busy season surcharge is included in apportionment.
- GST is not apportioned.
- After deducting transhipment, terminal, and GST costs, balance freight charges are apportioned based on distance between railways.
- Railway Receipt data is accessed and used by CRIS.
- Unmatched items, if any, are addressed.
Apportionment of Passengers
- Terminal charges are deducted (@5%) and the remainder is apportioned; only the originating railway receives the terminal charges.
- Apportionment is based on actual distance, train, and route travelled.
- CRIS provides data for 97% of UTS transactions; PCT provides 3%.
- PRS, CRIS/SC process data for originating basis.
- BPT and special trains on an actual basis.
Apportionment of Parcels
- 10-day average establishes the percentage of apportionment to various railways.
- 11th-20th of the month is considered for the average calculation.
- Average percentages are extrapolated to other periods.
Exchange of JVs
- Zonal railways' debits and credits are posted.
- Net result is transcribed to Part C.
Apportionment Methodology
- Total originating earnings: 100
- Retained portion (Local + part of foreign traffic): 90
- Inward share: 30
- Outward share: -120
- App earnings of a railway: 110
- Apportioned ratio of Railway: 110%
Apportionment of Diverted Traffic
- Apportionment of goods traffic based on invoices to the TAO.
- Diversion permitted for operational reasons or party requests.
- Diversions may occur on an ongoing basis.
- Data is usually processed yearly for continuous diversions.
Apportionment of Private Railways
- Zonal railways do apportionment for private railways like KRCL, PIPAV, KUTCH, and HMRDA.
- Private railways are treated similarly to zonal railways for apportionment.
- Terminal cost is shared with private railways.
- Apportionment is done monthly, based on the traffic traversed on the railway.
Apportionment Matrix
- Matrix for apportionment, involving multiple railways (CR, ER, NR, etc.,). A visual matrix is shown in the document.
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Description
This quiz explores the principles and processes of apportionment of earnings in railway traffic. It discusses the role of multiple railways in handling shared traffic, the mechanisms of financial settlements, and the impact of diverted traffic on expenses. Gain insights into the Centralized Apportionment System and the distinctions between coaching and goods traffic.