AAO 70 % EXAMINATION -SOUTHERN RAILWAY- 2016

SOUTHERN RAILWAY - AFA (70%) EXAMINATION - 2016

SOUTHERN RAILWAYS

EXAMINATION FOR SELECTION FOR THE POST OF ASST FINANCIAL ADVISOR(70)

DT: 24.06.2016                              TIME 3.00 HOURS                              MAX MARKS 150

ANSWER ANY FIVE QUESTIONS. ALL QUESTIONS CARRY EQUAL MARKS

1 a) IRFC, ECoR, MRVC, IRCA, RSPB, EBR/IF, PPP, GASAB, NEFT, GAPP, NAIR, RLDA, RTGS, NPS, ARPAN, NIC, BIS, DFCCIL, IRCTC, NFR                             (15 X =15 MARKS)

 b) i. how many Regions are there under the OL Act

     ii. Name the regions

    iii. In which region does Southern Railway fall?

     iv. What steps would you suggest for promoting Raj Bhasha in S Rly?                  (15 marks)

2. a) Name the seven mission  areas of IRs outlined by the Hon MR                (7 x2 = 14 marks)

    b) Discuss Mission Zero Accident or Mission beyond Book keeping                    (16 marks)

3. Discuss NPS in detail                                                                                             (30 marks )

4.a. Write Short Notes on any Three of the following

     i. Single tender ii DRF, iii. Operating /ratio iv. Turn Over Ratio v. Gauge Conversion

                                                                                                                        (3 x 5 = 15  marks)

1. What are the different funds of the railways?                                                     (5 marks)
2. Discuss capital as source of fund                                                                      (10 marks)

5 Distinguish between the following                                                              (  3 x 10 = 30 marks)

a.      EBR/IF and EBR

b.     Demands Recoverable and Demands for Grants

c.      Admitted and disputed debits

6. a) What is meant by Statutory Audit . What is Draft Para ? Expand C&AG

                                                                                     (15 marks)

  b) What is Traffic Suspense ? What are the items that constitute Traffic Suspense?

        Give your suggestions to reduce traffic suspense                                                (15 marks)

7. Write notes on the following

     a) Nuclear supply group b) foreign direct investment c) Euro 2016

                                                                                                                        (3 x 10 = 30 marks)

8. a) Expand WMS. What do balances under WMS reflect? How can the balances be reduced?

                                                                                                                                     (15 marks)

  b) What is shop floor inventory? Discuss just in time inventory strategy. Will this work for the railways                                                                                                                        (15 marks)

9 a) how is financial control over stores expenditure exercised by the FA&CAO’s office?     

                                                                                                                                     (15 marks)

   b) How is procurement is done ? explain with example

                                                                                                                                     (15 marks)

10. What is your vision of Indian railways in ten years?                                             30 marks)

                                      ooo oooo