Ready reckoner for calculation of Operating Ratio
Traffic Suspense - (-) 300
Total Revenue Receipts - 200200
Gross Expenditure - 194600
Operating Ratio - 97.5 %
Surplus - 3600
Showing posts with label 2022. Show all posts
Showing posts with label 2022. Show all posts
Monday, October 2, 2023
Operating Ratio Numerical Problem - Appendix3 Exam - One time Special 2022 year
Thursday, June 23, 2022
Appendix2 Examination Question Papers
RWF, Bangalore
SWR, Hubli
Bookkeeping, GRP & Expenditure
For Answers of Multiple Choice Questions in the above Question Papers, Please check the below-mentioned Mobile App or Desktop App.
Mobile App: click here
Desktop App: Click here
Wednesday, June 22, 2022
Tuesday, April 5, 2022
Tuesday, March 15, 2022
Tuesday, March 8, 2022
Appendix2 Examination Question Papers SCR 2022
Appendix2 Examination Question Papers SCR 2022
General Expenditure (Optional) Question Paper
Key of Bookkeeping Question Paper
SOUTH CENTRAL RAILWAY
APPENDIX 2A(lREM) EXAMINATION - 2021
ELEMENTARY BOOK KEEPING
TIME: 3 HOURS TOTAL MARKS: 100
Instructions to the candidates
Corrections of any type like cutting, overwriting, erasing, scoring of or modifying the answer etc., are not permitted for questions in section B. In case any corrections are made, such answers shall not be evaluated.
The candidate should write their name and roll number in the space provided on the flyleaf only and disclosure of the Identity by way of making certain symbol /mark or signature on any of the other sheets of the answer book, the answer book will not be evaluated.
Section A
2 x 10 = 20 Marks
Final Accounts Answers:
Trial Balance Total - Rs. 176580
Gross profit - Rs. 43715
Net profit - 26360
Balance Sheet Total - 90915
Section B ( 50 Marks)
Answer all the questions
Choose the correct answer from the following 10 x1= 10 Marks
1. The 'Revenue recognition principle' indictates that all types of incomes should be recorded or recognized when:
Cash is Received
At the end of the Accounting Year
When they are earned
When Interest is paid
2. Cost concept basically recognizes:
Fair Market Value
Historical Cost value (Acquisition cost)
Realisable Value
Replacement Value
3. The following is a statement showing the financial status of the entity at any given time is:
Trading Account
Profit & Loss Account
Balance Sheet
Cash Book
4. Trial Balance cannot be prepared
Single Entry System
Double Entry System
Accrual System
Mercantile System
5.Plant & Equipment, Buildings Accounts is a:
A) Personal Account B) Real Account
Nominal Account
Cash Account
6. In the 'Financial Statement' the contingent liability is:
Recognized
Not Recognized
Ignored
Deferred
7. Provision for contingencies are not made in respect of ..... ..... .... .. since they do not relate to situation existing at the balance sheet date
Un specified Business Risk
Certain Business Risk
Specified Business Risk
Uncertain Business Risk
8. Under Accrual Accounting Method Depreciation on CWIP will be charged on:
Cost
Fair Market Value //
Book Value
No depreciation is charged since the asset is not put to use
9. Under Accrual Accounting method of IR, Ambulance will cover under which FAR?
FAR-9
FAR-6
FAR - 11
FAR-8
10. Account which kept record of properties owned by trader, called................... ..
Personal Account—
Real Account
Nominal Account
None of the above
Answers:
C
B
C
A
B
B
A
D
D
A
Fill in the blank with appropriate word 10 x 2 = 20 marks
______ are the obligations payable over or after a long period.
_______issues Accounting standards in India.
Under ______ basis accounting revenues are recognized when they are received.
The _________ concept requires that the same accounting method should be used from one accounting period to the next.
________ is used to record the expenses like postage, conveyance, stationery etc.
________ means writing off the intangible assets such as patents, copyrights, trademarks.
A statement depicting the exact financial position of a business on a particular date is called _________
________ is a provision made for the amount that a business enterprise may not be able to realize in future.
Drawings account is related to _______
Market price of goods declined than its cost price. Concept it follows is _________
Answers:
Long term liabilities
ICAI (Institute of Chartered Accountants of India)
Cash
Consistency
Petty Cash Book
Amortization
Balance Sheet
RBDD - Reserve for Bad & Doubtful Debts
Proprietor ( Personal Account)
Conservatism concept
True or False: 10 x1 = 10 Marks
The Matching concept matches Capital with Income.
The Single entry system of Bookkeeping is a systematic account.
Accrued expense is considered as Asset.
Debtor Account is a Real Account
Cash in Bank is an intangible Asset.
CWIP (Capital Works In Progress) shall be valued at money spent and paid.
Rent, Salaries & Wages are related to Personal Account.
Purchase Book is meant for recording Cash purchases.
For each and every Debit there must be a corresponding credit is the principle of Going Concern.
Decrease in the value of Creditors result in increase in Cash.
Answers: 1 to 10 - All False
Match the following
Answers:
1 - A
2 - E
3 - B
4 - D
5 - C
APPENDIX 2A - IREM EXAMINATION - 2021
GENERAL RULES AND PROCEDURE
Time:
3 hours Max.
Marks: 100
Instructions
to candidates:
o
Answer all the questions
unless mentioned otherwise
o
The marks are indicated
against each questions
o
Cell phones and calculators
are strictly prohibited writings of any type are not permitted for objective
type answers
I.
Draft a DO letter from PFA to all DRMs to conduct review regarding
rationalizing the expenditure and reducing the non-essential expenditure. (20
marks)
Or
ll.
Write a letter from Sr DFM to all branch officers to review the outstanding items under Security Deposit which
are beyond three years old and to take necessary action for early
clearance of the same. (20
marks)
Ill. Write short notes on any Fifteen of the
following (15x2=30
Marks)
a. Price
variation clause
b. Scale
check
c. Sale
suspense
d. Sundry
earnings
e. Deposit
works
f. Public
accounts committee
g. Debt
Head Report
h. E
Dristi
i. Works
register
j. Fixed
Medical Allowance
k. Business
development unit 1. PTO
m. Canons
of financial propriety
n. ABC
analysis
o. Bills
recoverable
p. IRWCMS
q. Purchase
order
r. Umbrella
works
IV. Expand any Fifteen of the following. (15x1=15
Marks)
1. IRIFM
2. IMMS
3. IRMS
4. CRIS
5. RVNL
6. FOIS
8.
NINFRIS
9.
CRRM
10. USFD
11. IPAS
12. CPGRAMS
13. CPS
14. FA&CAO
15. IRPSM
16. CEA
17. RRSK
Answers:
1. Indian
Railways Institute of Financial Management
2. Integrated
Materials Management System
3. Indian
Railways Management Service
4. Centre
for Railway Information Systems
5. Rail
Vikas Nigam Limited
6. Freight
Operations Information System
7. Signal
Passed At Danger
8. New,
Innovative Non-Fare Revenue Ideas Scheme
9. Credit
for Railway Released Materials
10. Ultra-Sonic Flaw Detection
11. Integrated
Payroll & Accounts System
12. Centralized
Public Grievances Redressal & Monitoring System
13. Contributory Pension Scheme
14. Financial
Advisor & Chief Accounts Officer
15. Indian
Railways Projects Sanction & Management
16. Children
Education Allowance
17. Rashtriya
Rail Sanrakshak Kosh
V.
Multiple choice questions: choose the correct answer A,B,C or D. Answer any
Fifteen of the following. (15x1=15
Marks)
1) What
is the time limit for disposal of cases in Nivaran portal?
A. 60 days
B. 45 days
C. 30 days
D. 15 days
2)Which of the following is
not a penalty under (I) Discipline & Appeal) Rules, 1968?
A)Suspension
B)Censure
C)Withholding
of the Privilege Passes or Privilege Ticket Orders or both
D)
Compulsory retirement
3) Re-appropriation
of funds from one plan head to another plan head is within the powers of
A)
DRM
B)
PHOD
C)
GM
D) Railway Board
4)
CRS
Works under the ministry of ?
A) Ministry of Roadways
B) Ministry of Railways
C) Ministry of Civil aviation
D) Ministry of Defense
5)
e-office is meant for
A)
Sending
Line Prograrn of Officers for approval
B)
Sending
Financial implication files
C)
Sending all files through electronic
office eliminating paper work D)
Sending not so important files through electronic office
6) Which year was GST implemented?
A) 2016
B) 2017
C) 2018
D)2014
7)The composition of the Pay Commission comes
under the ministry?
A) Ministry of Home affairs
B) Ministry of corporate affairs
C) Ministry of Finance D)
None of the above
8) Out of the Following Railway Zonal Headquarters,
Identify the wrong one?
A) South-Central Railway — Secunderabad
B) South-Western Railway — Bangalore
C) Southern Railway — Chennai
D) Northern Railway - New Delhi
9) What is the standard form used for issuance
of Minor Penalty Charge Sheet on D&AR 
proceedings?
A) SF-5
B) SF-II
C) SF-IO
D) None
of these
10)A female Railway employee shall be entitled
to maternity leave for
A. 180 days
B. 120 days
C. 90 days
D. 130 days
11) Services
- Tendering through
A) GeM
B) REPS
C) e
Tendering
D) ERA
12)
Firms recognized by
as 'STARTUPS" shall be
exempted from the payment of
EMI)
A) Ministry of Commerce & 
B) Dept
for promotion of Industry and Internal Trade
C) Railway Board
D)
Dept of Industrial Policy & Promotion (DIPP) 
13) RCM stands for
A)
Reverse Charge Method
B) Reverse
Charge Mechanism
C) Retain Charge Mechanism
D)Reverse
Credit Mechanism
14) PG
— Performance Guarantee shall be submitted within from the date of issue of LOA — Letter of Acceptance
A) 21
days
B) 30
days C) 7 days
D) 60
days
15)
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
16)
Single Demand for Grant number assigned for Railways in 2017-18 was
A) 80
B) 82
C) 83
None of these
17) As per Art 113(3)
of Article of Constitution of India, no Demand for grant can be made except on
the recommendation of
A) Chairman,
Railway Board
B) FC
(Railways)
C) President
D) NITI
Aayog
Answers:
1. A
2. A
3. D
4. C
5. C
6. B
7. C
8. B
9. B
10. A
11. A
12. D
13. B
14. A
15. C
16. A
17. C
VI. Fill
in the blanks for any Fifteen of the following: (15x1=15
Marks)
1) PG
shall be released to the Contractor after
2) Service
Contracts - The amount payable on account of Price variation shall be settled
every
3) PH
53 in Indian Railways deals with
4) Name
of Present chairman and CEO of Railway Board
5) Revenue
expenditure on Cost of materials from stock is booked under PU
6) Expenditure
of Railway Board is charged to Demand No.l and of Railways Staff College is
charged to Demand No
7) Railways
Integral Coach Factory is located in
8) Indian
Railways Kevadiya station also k-low-n as Ekta Nagar Railway falls under 
division.
9) Misclassifications
(between Voted and Revenue and Capital
segments; between different sources of Financing etc) detected in the accounts
are reflected in which Annexure
10) Abstract
'Y' in Earning Classification is
11) Detailed
Estimate need not be prepared for works costing less than Rs.
12) RRSK
has been allocated a fund of Rs.
to be spent in 5 years for
Railway safety works.
13) Vande
Bharat Express was manufactured by
production unit.
14) The
formation of the Railway Board in 1905 was based upon the recornmendations of
15) The
Railway Budget was separated from the General Budget on the recom-mendation of
the
Committee.
16) The
limit allowed to Zonal railway for furnishing reply to Provisional Para is 
17)
Training / HRD plan head is
Answers:
1. Completion
of the Work
2.
3. Customer
Amenities
4. V
K Tripathi
5. 27
6. 2
7. Chennai
8. Vadodara
Division
9. J
10. Goods
Earnings
11. Rs.
5 Lakhs
12. Rs.
5 Lakhs Crores
13. ICF
– Integrated Coach Factory, Chennai
14. Thomas
Robertson Committee
15. Acworth
16. Two
Weeks
17. 6500
State TRUE or FALSE: (5x1=5
Marks)
1.
The suspense account balance
is only a credit balance.
2.
The Hostel subsidy and CEA can
be claimed concurrently.
3.
The maximum amount of DCRG
payable as per VII Pay commission is Rs20,00,000
4.
W.e.f 1.7.2017 risk and
hardship allowance are admissible for. the category of only Track maintainers.
5.
The object of Performance
Guarantee in Service Tenders is to keep the offer open till the finalization of
Tender
Answers:
1. False
2. True
3. True
4. True
5. False
*****
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