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Account & Finance Question & Answer Railway Financial Rules Short Notes RAILWAY BUDGET Tender Accounts Rules Descriptive Question & Answer Store Management & Account Traffic Account LDCE Spl. Functions of Accounts Department Cannons/Standards of Financial Propriety Departmental Exam Expenditure Management Railway Financial Rules Book STATION BALANCE SHEET 6.2 Consolidated Fund Of India Audit & Audit Report Contract Management Earnest Money INDEX Inventory Management Railway Financial Code Rules of Re-appropriation 0 FINANCIAL RULES SYLLABUS 3. INVESTMENT PLANNING AND WORKS BUDGET 6.9 APPROPRIATION ACCOUNT APPROPRIATION ACCOUNT Account Accounting System in Railways Annual Financial Statement Appropriation Accounts & Process Audit of Railway Expenditure & Revenue August Review BOT / BOOT Schemes Budgetary Practices Budgetary Process & Approval Mechanism CONTINGENCY FUND OF INDIA Capital Expenditure & Estimates Challenges & Future Prospects . Financial Management Charged Expenditure Classification of Railway Expenditure Co6 Co7 Computerization of Stores Accounts Concept of Railway Accounting Constitutional Provisions Contract & Its Types Control over Expenditure Corruption Prevention Defin Demands for Grants Depreciation Reserve Fund Development Fund Digital Reforms Digitization in Railways Duties and Responsibility Final Modification Financial Commissioner – FC Financial Control Financial Discipline Financial Discipline & Control in Railways Financial Management Financial Powers & Delegation Financial Reforms Functions of Traffic Accounts Department GeM Government Accounting & Financial Principles Government e-Marketplace Green Initiatives H.05 वित्त एवं व्यय पर नियंत्रण H.06 सांविधिक लेखा - परीक्षा H.07 लेखा निरीक्षण H.09 कारखाना लेखा H.11 यातायात लेखा H.12 रेलवे यातायात H2. 19 बजट आदेश (Budget Order) / बजट आबंटन (Budget Allotment) में अन्तर H2.01 Revised Estimate/Details Estimate में अंतर H2.02 Abstract Estimate / Details Estimate में अंतर H2.03 Revised Estimate / Supplementary Estimate में अंतर H2.04 Completion Estimate / Completion Report में अंतर H2.05 Delay Tender / Late Tender में अन्तर H2.06 Single Tender / Single offer में अंतर H2.07 ओपन टेंडर / लिमिटेड टेंडर में अंतर H2.08. Earnest Money Deposit / Security Deposit में अन्तर H2.09 Security Deposit / Performance Guarantee में अन्तर H2.10 Deposit Miscellaneous / Miscellaneous Advance में अंतर H2.11 On Account Bill / Final Bill में अंतर H2.12 Rate Contract / Running Contract में अंतर H2.13 Demand Payable / Demand Recoverable में अन्तर H2.14 General Books / Subsidiary Books में अंतर H2.15 Consolidated Fund समेकित निधि / Contingency Fund आकस्मिक में अंतर H2.17 Draft Para / Audit Para में अन्तर H2.18 Traffic (Gross) Earning / Traffic (Gross) Receipt में अन्तर H2.20 स्वीकृत व्यय (वोटेड Expenditure) / प्रभ्रत व्यय (Charged Expenditure) में अन्तर H2.21 Estimate Committee / Public Committee में अन्तर H2.22 Public Committee / Railway Convention committee में अन्तर H2.23 Remittance Transaction / Transfer Transaction में अन्तर H2.24 Stock Item / Non-Stock Items में अन्तर H2.26 TC / JV में अन्तर H8.3 वित्तीय औचित्य H8.4 सर्वेक्षण HIstory ऑफ Railway Indian Railways Inventory Control Letter of credit Limited Tender Local Purchase Material modification OPS/NPS/UPS Open Tender Operating Ratio Parliamentary Control Payment System Pension & Retirement Benefits in Railways Pink Book Procurement System in Railways Procurement in Indian Railways Public Accountability REVISED AND DETAIL ESTIMATE में अंतर Railway Accounts Code Railway Bill Passing Railway Financial Code & Manuals Railway Funds & Reserves Railway Investment Plan Railway Production Units Railway Statistics Railway Tender System Railways Resource Augmentation in Railways Revenue Management Role of Ministry of Railways & Finance Department Rules of Allocation Security Deposit Single Tender Sources of Railway Revenue Special Limited Tender Station Outstanding Stores Budget Tender Committee Tender Documents Tender Notice Traffic Audit Inspection Traffic Earnings Types of Budgets Urgency Certificate Work Contracts Works Programme Workshop & Manufacturing Accounts Zero Base Budget.

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Q & A (New Pattern) - Railways financial overview For Departmental Exam Account

1) How many Shramik Special trains have been arranged by Indian Railways till the first week of June 2020, to ferry the migrants due to Covid-19?


(A)Less than 2000 trains

(B)Between 3000 and 4000 trains

(C)Between 100 and 200 trains

(D)Between 5000 and 6000 trains


Answer - (A)Less than 2000 trains


2)The commodities largely moved by Railways during the lockdown period were:


(A) POL, cement and iron ore


(B) Coal, fly ash and steel


(C) Foodgrains, salt, sugar, milk van


(D) None of the above


Answer - (C) Foodgrains, salt, sugar, milk van




3)For better monitoring of big Railway projects, they have been categorized as:


(A) Super critical, critical and throughput enhancement projects


(B) High speed, safety and heavy haul projects


(C) Projects with Rs.500 crores each and Rs.1000 crore each


(D) Out of turn projects, Urgency based projects and Safety works projects


Answer - (A) Super critical, critical and throughput enhancement projects


4)The Gross Traffic Receipts as per B.E. of 2020-21 are:


(A)2,05,800 crores


(B)1,88,800 crores


(C)2,35,000 crores


(D)2,25,613 crores


Answer - (D)2,25,613 crores


5)The Net Revenue projection for 2020-21 is:


(A) Rs. 9,000 crores


(B) Rs. 19,000 crores


(C) Rs. 6,500 crores


(D) Rs. 15,000 crores

Answer - (C) Rs. 6,500 crores


6)Choose the right option in terms of top 3 railway freight commodities loaded (in MTs)


(A)Coal, Iron ore, Cement


(B)Coal, Fertilizers and Foodgrains


(C)Coal, Foodgrains and Pig iron


Answer - (A)Coal, Iron ore, Cement




7)Which of the following is NOT a Reserve Fund of Indian Railways as in 2019-20:


(A) Capital Fund


(B) Development Fund


(C) Revenue Reserve Fund


(D) RRSK


Answer - (C) Revenue Reserve Fund




8)Average lead in terms of kms for revenue earning freight of Indian Railways is:


(A) Between 750 and 1000 kms


(B) Between 250 and 550 kms


(C) Between 1000 and 1200 kms


(D) Between 500 to 600 kms 6


Answer - (D) Between 500 to 600 kms 6




9)Electrified Route km on Indian Railways until March 2020 is:


(A) Approx. 40,000 rkms


(B) Approx. 29,000 rkms


(C) Approx. 38,000 rkms


(D) Approx. 50,000 rkms


Answer - (A) Approx. 40,000 rkms


10)Capital at charge of Indian Railways wiped out w.e.f. 2016-17 on which dividend was payable:


(A)87,655 crores


(B)224,685 crores


(C)197992 crores


(D)122772 crores


Answer - (B)224,685 crores




11)Which of the following is NOT owned by Indian Railways?


(A) Delhi Metro


(B) Kolkata Metro


(C) Konkan Railway Corporation Ltd.


(D) None of the above


Answer - (A) Delhi Metro




12)The Operating Ratio for 2020-21 has been projected at:


(A) 98%


(B) 96%


(C) 94%


(D) 95%


Answer - (B) 96%




13) In terms of the Route kms, India is:


(A)2nd largest rail system in the world


(B)3rd largest rail system in the world


(C)4th largest rail system in the world


(D)The largest rail system in the world


Answer - (C)4th largest rail system in the world




14) After the merger of the Railway Budget, what has been the major implication:


(A)Railways no longer has to prepare its Annual Statement of Receipts & Expenditure


(B)The Finance Ministry prepares the Railway Budget


(C)Railways no longer have to pay dividend to the Government


(D)None of the above


Answer - (C)Railways no longer have to pay dividend to the Government

15)Vande Bharat Express was manufactured by:

(A) DLW, Varanasi


(B) RCF, Kapurthala


(C) ICF, Chennai


(D) RWF, Bengaluru


Answer - (C) ICF, Chennai

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