Q & A (New Pattern) - Business policy and strategy For Departmental Exam Account & Finance

1)The Model Schedule of Powers (MSoP) issued by Railway Board in 2017/18 was significant because

(A)It brought about uniformity in schedule of delegation of powers across Zonal Railways


(B)It delegated all financial powers vested with the Railway Board to General Managers of Zonal Railways


(C)This MSoP focused on IT integration on Zonal Railways for the first time


(D)It was based upon the GFR delegation of Govt. of India


2)The Railway Budget has been merged with the General Budget w.e.f.


(A) 2016-17


(B) 2017-18


(C) 2018-19


(D) 2015-16


3)The dividend payable by Indian Railways after the merger of Railway Budget with General Budget is


(A)2% of capital at charge of IR


(B)NIL


(C)1% of capital at charge


(D)A notional amount of 100 crores every year


4)The full form of RRSK is


(A)Rashtriya Rail Suvidha Kosh


(B)Rashtriya Rail Safety Kosh


(C)Rashtriya Rail Sanraksha Kosh


(D)Rashtriya Rail Sampark Kosh


5)The co untries with more than one billion tons of freight carried every year by rail are:


(A)Japan, China, India and USA


(B)Australia, Japan, China and India


(C)Russia, China, India and Brazil


(D)India, China, Russia and China


6)Which is not an example of EBR Funding in Indian Railways


(A) Leased assets from IRFC


(B) LIC loan


(C) RRSK Funds


(D) None of the above


7)Railways requirement is funding its capital expenditure through its internal resources to the extent of ______ in the last few years:


(A)50% to 60%


(B)25% to 30%


(C)5% to 15%


(D)20% to 40% 9


8)The performance capability of Electric Loco WAG 12B Loco recently introduced in Indian Railways in 2020 is


(A)10,000 HP, capable of MPS of 80 kmph and can carry 100 loaded wagons


(B)12,000 HP, capable of MPS of 100 kmph and can haul 118 loaded wagons


(C)11,500 HP, capable of MPS of 100 kmph and can haul up to 150 loaded wagons


(D)10,000 HP, capable of MPS of 75 kmph and can carry 125 loaded wagons


9)In terms of energy efficiency and resource optimization, Railways are:


(A) 12 times more efficient in freight traffic as compared to road transport


(B) 6 times more efficient in freight traffic as compared to road transport


(C) 10 times more efficient in freight traffic as compared to road transport


(D) 15 times more efficient in freight traffic as compared to road transport


10)By 2030, Indian Railways plans to increase its freight share by _____% to support transportation emissions mitigation strategies


(A)From 35 to 45%


(B)From 35 to 50%


(C)From 35 to 65%


(D)From 35 to 75%


11)In terms of energy efficiency, which is superior braking power?


(A) Vacuum brakes


(B) Air brakes


(C) Regeneration brakes


(D) None of the above


12)IROAF has tied up with which two institutes for production of Methanol and other


(A)National Institute of Solar Energy (NISE) and TERI


(B)Indian Institute of Petroleum and NISE


(C)Indian Institute of Technology, New Delhi, and TERI


(D)Ministry of Environment and IIT/Delhi


13)Which of the following is NOT identified for development as Eco Smart Stations in IR as the result of NGT New Delhi notification of 2019


(A)Surat, Lumding and Indore


(B)Bilaspur, Digha and Katihar


(C)Lucknow Jn, Varanasi and Jodhpur


(D)Jabalpur, Ajmer and Pune


14)Identify the autonomous bodies / authorities of IR out of the following options:


(A) CONCOR and DFCCIL


(B) RITES and RVNL


(C) CORE and IRFC


(D) CRIS and RLDA


15)What is the total number of concessions granted to passengers of Indian Railways


(A) 75


(B) 53


(C) 85


(D) 100


16)What is the portal for online monitoring of Railway Budget announcements?


(A)e-Drishti


(B)e-Suvidha


(C)e-Samiksha


(D)e-Saksham


17) What is the sectoral share of Railways in the National Infrastructure Pipeline drawn up by the Govt. for 2020-2025?


(A)12%


(B)18%


(C)24%


(D)7%


18)As per the NITI Aayog, the upgradation and modernization of how many railway stations has been planned under the PPP format and commercial development lease for how many years?


(A)40 stations and 35 years


(B)50 stations and 60 years


(C)60 stations and 40 years


(D)45 stations and 35 years


19)Which refrigerant has been phased OUT in coach air conditioning in railway ACcoaches and replaced with a more environment friendly refrigant?


(A)Phased out RAC-20 HCFCIntroduced HFC –40


(B)Phased out R-22 [HCFC]Introduced HFC –407C


(C)Phased out R-32 [HCFC]Introduced HFC 409C


(D)None of the above


20)Which programme has helped railways install energy efficient LED bulbs also provided at subsidized cost to Railway employees?


(A)International Energy Efficiency Agency Programme (IEEAP)


(B)BEE Initiative for Energy Efficiency (BIEE)


(C)Energy Efficiency Service Agency (EESA)


(D)Domestic Efficient Lighting Programme (DELP)


21)Which out of the following is NOT an initiative or policy scheme to support the Central Govt. pensioners?


(A)Anubhav


(B)Sankalp


(C)Bhavishya


(D)Jeevan Deep


22) What is the full form of CPENGRAMS?


(A)Central Portal for Employee Engagement and Remote Applications for Management Support


(B)Central Portal for Engagement Recruitment and Auxiliary Management Service


(C)Central Pensioners Enrichment Group Activity and Maintenance Support


(D)Centralised Web Enabled Pension Grievance Redressal and Monitoring System


23)Indian Railways plans to become a Green Railway System by 2030 with Net Zero Carbon Emission. Towards this end, how much MW of energy through roof top solar panels is envisaged?


(A)500 Mega Watt


(B)250 Mega Watt


(C)350 Mega Watt


(D)300 Mega Watt


24) Which 3 states out of the following have maximum number of wind based power plants already commissioned by IR?



(A)Gujarat, Rajasthan and Andhra Pradesh


(B)Uttar Pradesh, Bihar and Kerala


(C)Rajasthan, Tamil Nadu and Maharashtra


(D)Rajasthan, Andhra Pradesh and Himachal Pradesh


25)What has been the achievement of IR in installation of Bio Toilets till 2020?


(A) Total of 69,000 coaches fitted with approx. 2,44,000 bio toilets


(B) Total of 40,000 coaches fitted with 1,50,000 bio toilets


(C) Total of 50,000 coaches fitted with 2,10,000 bio toilets


(D) Total of 45,000 coaches fitted with 2,00,000 bio toilets


26)Annual losses on account of subsidized tariffs for passenger / coaching services in IR are in the range of


(A)20,000 crores


(B)10,000 crores


(C)38,000 crores


(D)45,000 crores


27) The expected freight traffic forecast for both Eastern and Western DFC 20 years after commercial operation date would be in the range of _______ as per JIC Aestimates


(A)800 MT to 1000 MT


(B)300 MT to 350 MT


(C)550 MT to 600 MT


(D)900 MT to 950 MT


28)Which commodity was exported to Bangladesh for the first time during COVID lockdown period May to August 2020 by IR
?


(A)Fertilizers


(B)Onions


(C)Fly Ash


(D)Iron Ore 12


29) As per new perspective planning to optimise passenger train operation from 2021, the trains would be operated on:



(A)A hub and spoke model


(B)Least cost model


(C)Semi high speed corridors movements


(D)Mixed traffic routes model


30) One of the major features of the new Arbitration and Conciliation Act (AmendmentBill) 2015 is:


(A)Setting up of Arbitration Council of India


(B)Doing away with the time period required to make an Award under the arbitration proceedings


(C)Hire international arbitrators to conduct Arbitration Proceedings


(D)None of the above


31)What is NOT a source of funding for IR to finance its capital expenditure projects?



(A) Extra budgetary resources


(B) Gross budgetary support


(C) Internal resources of IR


(D) Raising bonds and debentures from the stock market


32)For monitoring of high value projects of all Govt. departments including IR through MOSPI, the following two systems are in place


(A)UMID and SUVIDHA


(B)OCMS and IPMD


(C)e-SAMIKSHA and ARPAN


(D)CSP and PRAGATI


33)What value of capital expenditure projects are monitored by the Government of India through its project monitoring portal?


(A)Projects over Rs.100 crore


(B)Projects over Rs.500 crore


(C)Projects over Rs.150 crore


(D)Projects over Rs.1000 crore


34)The mainline electrified rail network in India uses:


(A) 25 KV AC


(B) 25 KV DC


(C) 20 KV AC


(D) 20 KV DC


35)Which out of the following statements is incorrect as in 2020?


(A) 58% of railway track is electrified


(B) 42% of railway track is yet to be electrified


(C) All railway tracks would be electrified by 2023


(D) All railway tracks would be electrified by 2030 13


36) What is the full form of GAAP?


(A)Government Approved and Authorised Procedures


(B)Government Audit and Accounting Protocol


(C)Generally Accepted Accounting Principles


(D)General Agreement for Assessment Period


37)Project Monitoring Group (PMG) set up by the Govt. of India in the Cabinet Secretariat is now merged with:


(A)Expenditure division of MoF


(B)Infrastructure division of MoF


(C)Ministry of Statistics and Programme Implementation (MoSPI)


(D)Department for Promotion of Industry and Internal Trade (DPIIT)




Answers


1. (A) It brought about uniformity in schedule of delegation of powers across Zonal Railways2


2, (B) 2017-183


3. (B) NIL4


4. (C) Rashtriya Rail Sanraksha Kosh5


5 (D)India, China, Russia and China


6 (C) RRSK Funds


7 (C) 5% to 15%


8 (B)          9 (A) 

10(A)        11(C)                        12(B) 

13(A)       14(D)                    15(D)


16(C) Till date 100 MW of solar plants have been implemented on roof tops of various buildings and includes 900 station buildings (PIB/2020 Report)


17(A) 18(B) 19(B) 20(D) 21(D) 22(D) 23(A) 24(C) 

25(A) 26(C) 27(C) 28(B) 29(A)30(A) 

31(D) 32(B) 33(C) 34(A) 35(D) 36(C) 37(D)

.

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