AAO EXAM QUESTIONS 2005

2005
SOUTHERN RAILWAY
Examination for Selection for the post of Assistant Accounts Officers
(70 percent quota)
Time: 3 hours 5th January 2005 Max Marks 150

Note 1. THE QUESTION PAPER CONSISTS OF FOUR SECTIONS. SECTION-A AND SECTION-B CARRY 24 MARKS EACH, SECTION-C CARRIES 20 MARKS AND SECTION –D CARRIES 82 MARKS
2. ALL QUESTIONS IN SECTIONS – A , B AND C ARE COMPULSORY
3. IN SECTION –D ANSWER ANY FOUR QUESTIONS, ALL OF WHICH CARRY EQUAL MARKS

SECTION - A 8 x 3 = 24 Marks
Explain whether the following are TRUE or FALSE giving reasons and explaining the correct position.
General Manager has no power to authorise SAG officers to travel by Private Airlines
Arbitration awards under Arbitration Act 1996 can be contested in a Court Of Law
Works and Stores tenders cannot be awarded to a party other than the lowest (L-1)
National Holiday Allowance is payable to eligible staff for the three National Holidays only
Dividend payable on Capital invested in Residential Buildings is less that the Capital invested in Track
FReight on material transported by train for a Deposit Work executed by the Railway is credited to Abstract – Y
Accident Compensation, Safety and Passenger Amenities Fund has been abolished
City Compensatory Allowance is not include for Leave Salary Encashment at the time of retirement
SECTION B 8 x 3 = 24 Marks
How will you deal with the following situation?
After opening of the tenders, one of the tenderers offers a discount
wagons weighed enroute are found to carry excess weight beyond the permissile limits
ex-gratia payment has been sanctioned by GM to railway employees affected by Tsunami
central railway refuses to accept IRFA debits on the plea that I is not an adjacent railway of southern railway
a PHOD asks the administration to pay the entire amount of Rs 2000/- in December 2004 for his mobile phone provided by the railway
a special pay sheet is lost by the cashier before payment has been made
you have detected a fraud of aout Rs 50000/- while inspecting a booking office
after opening of the tenders, the lowest tenderer expresses inability to carry out his work

SECTION- C 5 x 4 = 20 Marks
Distinguish between ANY FIVE of the following
1. Special Railway Safety Fund and Railway Safety Fund
2. PLB and Incentive Bonus
3. PEI and Operating Ratio
4. Gross Traffic Receipts and Gross Earnings
5. Single Tender and Single Offer
6. Pink Book and Green Book
7. Vote-On-Account and Voted Expenditure

SECTION – D 82 Marks
FIRST QUESTION IS COMPULSORY AND CARRIES 22 MARKS ANSWER ANY THREE OF THE REMAINING EACH OF WHICH CARRIES 20 MARKS

The three major achievements of the Accounts Department in the last 50 years are Computerisation in the 60s, Revised Classification in the 70s and FMIS in the 90s. Elaborate on the statement
OR
What are the major points of justification for provision of the 5th and 6th line between Chennai Central and Arakkonam. What are the points to be examined in Finance when such a proposal is received for inclusion in PWP?
What are the salient features of accounting followed in Southern Railway for reserved ticketing and in reserved ticketing in passenger traffic? What are your suggestions for improvement in both areas?
Elaborate the present system of accountal of Pension Payments. What are your suggestions for improving the same?
What are the important recommendations of Sudhir Chandra Committee? What changes are necessary in the present system of project management as far as Accounts Department is concerned?
What is the Official Language Policy followed in the railways? List out the documents which must be bilingual under section 3(3) of the Act. Give the Hindi equivalent for FA&CAO, Senior AFA and FC (Railways)
What are the various ways in which Railway Projects are financed? Explain the special features of financing followed in MRTS projects
elaborate on the system of Inventory Control followed in Railways with special emphasis on the role of Accounts Department
‘operating ratio is a good indicator of the financial health of a railway’, elaborated\ on this statement, what are your suggestions to bring down the operating ratio of Southern Railway to less than 100 % in the next five years