Books & Budget
(with Books) - 2012
Examination held
on 31.01.2014 Max: 100 Marks
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Note:
Question NO.1 is compulsory.
Answer any four of the remaining questions. All questions carry equal marks.
1. For the following items of earning/expenditure, give
Abstract of Allocation, Name of Demand, Minor Head and Detailed Head:
i)
IRFC lease charges for Wagons (Interest component)
ii)
Payment to Contractor for Washing of linen for
passenger coach.
iii)
Payment for rental of computers.
iv)
Material purchased by IOW for cleaning of office.
v)
Advertisement fees received at station.
vi)
Expenditure on repair of X-Ray Machine of Railway
Hospital.
vii)
Contractual payment for Construction of ROB (Road Over
Bridge
viii)
Workshop debit (wages) for normal POH of AC passenger
coach.
ix)
License fee received from Book stall at Station.
x)
Traction energy charges paid to State Electricity
Board.
2. Distinguish between (any four)
a) Revenue
and Capital Expenditure
b) Supplementary
grant and Excess grant
c) Apportionment
of Earnings and Re appropriation of Expenditure
d) Budget
Estimate and Budget Allotment
e) Loco
Hire charges and Wagon hire charges
3. Write Short Notes on (Any four)
a) Operating
Ratio
b) Remittance
into Banks (RIB)
c) Development
Fund (DF)
d) Works
Register
e) Proportionate
Budget Allotment
4. Why and how is the
monthly Revenue and Capital Account current compiled? What is ‘Approximate
Account current’ and why is it prepared?
5. What is the
purpose and method of compiling Appropriation Accounts? Describe any two
Annexure accompanying these accounts.
6. How is the Budget
used as a tool of Parliamentary control over expenditure of Railways? What is the role of Public Accounts Committee(PAC)?
7. How are Railway
Accounts different from Commercial Accounts?
Describe the Accounts heads operated by Railways for linking with
government accounts.
8. What are the
General Books and Subsidiary Accounts Registers maintained in Railway Accounts
Office? How are these posted?
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BOOKS
AND BUDGET (WITHOUT BOOKS) 2012
Examination
held on 03.02.2014 Maximum:
100 marks
---------------------------------------------------------------------------------------------------
Note:
Question No.1is compulsory. Answer any Four of the remaining
questions. All Questions carry equal
marks.
1.
Given below are the financial results of Railways for
the years 2007-08 and
2008-09.
(figures
in Crore of Rs.)
2007-08
|
2008-09
|
|
1.Gross Earnings
|
71645
|
79837
|
2. Traffic suspense
|
75
|
25
|
3. Gross Traffic Receipts
|
71720
|
79862
|
4. Miscellaneous Receipts
|
1557
|
1797
|
5. Ordinary Working Expenses(OWE)
|
41033
|
54349
|
6. Appropriation to DRF
|
5450
|
7000
|
7. Appropriation to Pension Fund
|
7979
|
10490
|
8. Miscellaneous Expenditure
|
480
|
645
|
9. Net Revenue
|
18334
|
9174
|
10. Dividend paid
|
4903
|
4718
|
a) From
the above figures, calculate the Operating Ratio for 2007-08 and 2008-09.
b) Comment
on the performance of the Railway in 2008-09 compared to 2007-08, giving
possible reasons for improvement/deterioration.
c) Calculate
the amount available for sourcing of capital expenditure in each year and how
is it normally allocated.
2. Distinguish between (any four)
a) Demands
for Grants and Plan Heads
b) Appropriation
Accounts and Appropriation Bill
c) Demands
Recoverable and Demands Payble
d) IRFA
and IRFC Debits
e) Coaching
earning and Sundry earning
3. Write short
notes on (any four)
a) Public
Accounts Committee (PAC)
b) Depreciation
Reserve Fund (DRF)
c) Dividend
to General Revenues
d) Cash
Imprest
e) Final
Modification Statement
4. Describe
the process of preparation of Budget on Railways. How the estimates of earnings
and expenditure framed and what are the stages of Budget review?
5. What
is meant by re appropriation of expenditure? What are the rules and powers of
re appropriation?
6. What
is the need for the head ‘Cheques and Bills’?
What does the balance under this head represent and what measures are
taken to reduce the balance.
7. What
are the sources of financing capital (plan) expenditure of Railways? What do you understand by Extra Budgetary
Resources (EBR)?
8. Explain
how exchequer control is used to exercise budgetary control?
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