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Examination of Contracts by Pay and Accounts Officer

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Examination of Contracts by Pay and Accounts Officer

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Questions and Answers

What is the purpose of opening a Register in Form CAM-31 according to the text?

To obtain certificates from competent authorities for contingent bills

To seek consent for payments outside the terms of the contract

To regulate payments exceeding contract rates

To keep a record of all contracts and agreements regardless of their monetary value (correct)

When should the Pay and Accounts Officer ensure that payments are not made without the consent of the competent financial authority?

When payments exceed the contract rates

Only for contingent bills

When payments are less than Rs. 50,000

When they are not in strict terms of the contract (correct)

Which contracts/agreements must be furnished to the concerned Pay and Accounts Officers irrespective of their monetary value?

Food Department contracts

Contingent or miscellaneous expenditure contracts

All contracts and agreements

Contracts of Director General, Supplies and Disposal (correct)

What should be done if payments in contingent bills are made at certain contract rates not communicated to the Pay and Accounts Officer?

Request consent from the competent authority (C) Signup and view all the answers

What is required if payments outside contract terms or in excess of contract rates are to be made?

Consent from competent financial authority (D) Signup and view all the answers

What should be done with contracts and agreements for purchases above Rs. 50,000 according to the text?

Obtain and examine them for regulatory purposes (B) Signup and view all the answers

What is one of the fundamental principles laid down by the Government for the guidance of authorities entering into contracts?

Contracts should be precise and definite without ambiguity. (B) Signup and view all the answers

What should be done before entering into contracts?

Take legal and financial advice to draft contracts. (B) Signup and view all the answers

What should be considered when selecting a tender according to the text?

Consider the financial status of individuals and firms along with other relevant factors. (C) Signup and view all the answers

What action do Pay and Accounts Officers have the power to take in relation to contracts?

Examine contracts and report irregularities in procedures. (C) Signup and view all the answers

When can a contract be materially varied without the previous consent of the competent financial authority?

With the previous consent of the competent financial authority. (D) Signup and view all the answers

What requires authority not inferior to that required for the original contract?

Deviation from contracts (B) Signup and view all the answers