Model Questions for IPO Examination-FHB Part 1 Question No 67-86

Q67 The amount received on account of premium of PLI , repayment of loan should be accounted under ---------------------- head a. PLI Annuity Fund b. Postal Insurance and Life Annuity Fund Receipts c. PLI receipts account

Q68 The financial Powers delegated by the President of India to Various officers of the department is called as a. Rules of financial power b. Schedule of financial Powers c. None of these

Q69 What is mentioned in rules 42-A , General Financial Rules ? a. Creation of Temporary Posts b. Retrospective Sanction for revision of Pay and grant of Concessions c. Lapse of Sanction

Q70 The appointing authority can create posts on the basis of anticipation The above said action a. incorrect b. Correct

Q71 Government promissory notes received for safe Custody must record at -------------- in a register in Form Sec 19 a. Once b. Twice c Once in a month

Q72 Security deposits of Government Servants are --------------- from commission a. not exempted b. exempted

Q73 Fidelity bond in form GPR -34 has been accepted from a. Public b Government Servants c. Both

Q74 What is the purpose of Preparation of Form ACG 69 ? a. Register of all Assets b. Register of Land and building c. Register of expenditure

Q75 What is the purpose of preparation of correction slip and when it will prepared ? a. record revenue and capital , Quarterly b intimation of addition /modification of land and building to circle office , end of the year c record the asset details , monthly preparation

Q76 When will Pre Audit of Estimates is applicable a . on estimates of work of Government department executed through Civil wing b . The amount incurred for work is very high c Both cases

Q77 While making the payment of amount which is due for civil work to government agencies , the full amount can be paid The above statement is a. True b. False c. Subject condition and considering the circumstance , the advance payment of full amount shall be drawn

Q78 When will stop the recovery of GPF concerned the official due to retire on superannuation ? a. One month before retirement b. Two month before retirement c. Three month before retirement

Q79 Recovery of Cooperative Society Dues are mentioned in a. Rule 561 of FHB 1 b Rule 559 of FHB I c. None of these

Q80 From the following official records which have more preservation period a. Cash Books b. Arrear Claims c. Service Books ( 10 years )

Q81 What is the preservation period of Pay Bill Register ? a. 10 years b . 20 Years c. 35 years

Q82 From the following records , which record is permanent One ? a. Service Book b. Stock Book c. Register of particulars of accounts records destroyed

Q83 From the following records special sanction is needed for destruction from Head of circle a. Bill Register b. Memo of Disbursement c. Sub Office Saving Bank Journal

Q84 When subscriber dies while in service and nominee is minor Then who will collect due amount from GPF ? a. minor b natural guardian of minor c None of these

Q85 The Procurement officer is belong from ------------ department a. Central Purchase organization b. Telecom department b Postal Department

Q86 The Term FRAC is related with ----------------- a. Rent assessment of PO building b. Maintenance of departmental Building c. Audit department

Prepared by : S. Jayachandran , SA , Divisional Office , Mavelikara -690101 Mobile : 9961464279 http://nfpemavelikaradivision.blogspot.com