LDCE QUESTIONS 1994

LDCE QUESTION PAPERS YEAR WISE
MAY 1994
PAPER I
GENERAL KNOWLDEDGE AND ENGLISH; GENERAL PRICIPLES OF GOVERNEMNT ACCOUNTING AND AUDITING WITH SPECIAL REFERENCE TO RAILWAYS; BOOKS AND BUDGET INCLUDING TRAFFIC BOOK
Important: this paper contains two sections A and B. both the sections have to be answered. Section A carries 50 maximutm, and section B carries 100 marks
SECTION A (Max marks 50)
GK1. Expand the abbreviations in any five 5 marks
i. GATT
ii. IMF
iii. ANC
iv. ASEAN
v. SLV
vi. NPT
vii. CAT
viii. RBI
ix. ADB
x. UPSC
GK 2. Write short note on any five 10 marks
i. Isobar
ii. Dunkel
iii. Territorial waters
iv. Wind farms
v. Bosania
vi. Telugu ganga
vii. Nelson Mandela
viii. Yasser Arafat
ix. Narmada project
x. Hazarat bal mosque
GK 3. Match the following 5 marks
i. Lara a. Jhansi
ii. Rabindranath Tagore b. Atomic Energy
iii. Lakshmi Bai c. Cricket
iv. Homi Baba d. Chess
v. Anand e. Geethanjali
GK 4. Use any five of the following pairs of words in sentences of your own 10 marks
i. coarse – course vi. Prey - pray
ii. wise - vice vii. Brake - break
iii. call – cavail viii. Tall – toll
iv. rain – rein ix. Foil - fail
v. sell - cell x. Naval – Novel

GK 5. Fill up the blank with suitable prepositions 5 marks
The absence _____ census data is taken advantage of ____ various persons ____ each state ____boost the estimates _______ persons speaking their language.

GK 6. Write a note in not more than 250 words one of the following 10 marks
a. national literacy programme
b. rail road coordination
c. public sector undertaking
GK 7. Give one word for any five of the following 5 marks
i. one who sells flowers
ii. doctor treating children
iii. specialist in heart disease
iv. documents issued by authority to its citizens who wants to travel abroad
v. the presiding authority over Lok Sabha who generally conducts its proceedings
vi. one who writes dramas
vii. the highest point of a mountain
viii. a person who knows a number of languages
ix. science dealing with study of animals and birds

SECTION B
This section contains two parts A and B. Attempt any four questions taking any two from each part. All questions carry equal marks
PART A
BA 1. Discuss the committee system introduced for ________ of the budget and examine whether this in any way rendered any of other already existing instrument/procedure for financial control of railway by parliament redundant.
BA 2. What is the purpose of different “funds” in the set up of existing financial system of railways? Has there been any change in the last two years? Discuss the pros and cons of the change if any
BA 3. In what way the present set up and systems and procedures in railway help or hinder the railway in coping with the recent liberalisation policy initiated by the Government? Discuss
BA 4. Write short notes on any four
a. Railway Convention Committee
b. Plan Heads
c. Indian Railway Finance Corporation
d. Konkan Railway Corporation
e. Canons Of Financial Propriety
BA 5. What is the need for separate audit by representatives of the Comptroller and Auditor General? With more effective organisation or internal auditing system can it be dispensed with? Discuss
PART B
BB 1. Do you consider the present procedure method of assessing earnings effective and realistic? Suggest any improvements / innovations you feel necessary
BB 2. How far the principles of zero based budgeting and management accounting been adopted I n railway in assessing the requirement as also reasonableness and need of inputs and analysis and presentation? Discuss
BB 3. “The present system of monitoring and accountal of remittance of earnings is not effective In preventing frauds”. Discuss. Do you suggest any procedural changes?
BB 4. “The present procedure of apportionment of earnings and expenditure is not fair to the southern railway with limited lead”. Discuss
BB 5. Discuss whether it is necessary to have Annual Works Programme, and M&P as at present? What are the alternatives/improvements you would suggest and why?





LDCE QUESTION PAPERS YEAR WISE
May 1994
PAPER II
FINANCIAL JUSTIFICATION FOR EXPENDITURE AND TRAFFIC COSTING: MANAGEMENT ACCOUNTING, TRAFFIC ACCOUNTS AND STATISTICS: ESTABLISHMENT (OR) GENERAL EXPENDITURE ACCOUNTS WORKSHOP AND STORES ACCOUNTS
Important: this paper contains two sections A and B. both the sections have to be answered. Section A is compulsory for all candidates and carries 50 marks maximum
Section B which carries 100 marks maximum has two parts A and B. candidates should attempt either of the two papers depending on their optional subjects.

Section A maximum marks 50
Attempt any two questions. Each questing carries 25 marks
A – 1. How far the present traffic costing been effective in determining realistically the financial viability of introduction of new trains/augmentation of service?
A – 2. “Traffic costing like statistics is often used not for enlightenment in taking correct decision but for supporting decisions one wants to take”. How far is this statement well founded or unfounded. Discuss with specific cases if any illustrating your stand.
A – 3. How often the principle of marginal costing used in capturing / retaining the customer while protecting and furthering the financial interest of railways? Illustrate
A – 4. How far the principle of zero based assessment of inputs and innovation in management accounting principles utilised to further the objective of change over to unigauge system? Discuss.

SECTION B
Important: This section contains two parts A and B. Either part A or part B should be attempted by candidates depending on their choice of optional Each part contains a maximum of 100 marks

Part A (TRAFFIC ACCOUNTS AND STATISTICS; ESTABLISHMENT)
Answer any three questions. All questions carry equal marks
BA – 1. How far the present method of compilation and presentation of statistical data helped in effective management decision and control on railway?
BA – 2. Division as profit center knows its expenditure and not its earnings. How far divisionalisation of traffic accounts help in ensuring effective informed participation nad mobilisation in bettering the financial performance of the division?
BA – 3. Has the computerisation of reservation system helped in improving the earnings, effecting analysis of passenger profile to maximise the earnings/utilisation of seats, plug loopholes? Discuss the effectiveness of passenger reservation system (PRS) and advance railway ticketing system(ARTS) introduced in current booking.
BA – 4. Write Short Notes On
a. Firms Credit Notes (FCNs)
b. Special Casual Leave
c. National Holiday
d. Wage Period
e. Productivity Linked Bonus (PLB)
BA – 5. Discuss the present method of accountal and recovery of advances and dues like festival advances, diet charges, electricity charges from the staff. Discuss whether the system for recovery is effective and suggest any improvement felt necessary
BA – 6. What are the steps you would suggest to control the expenditure on establishment – which has almost doubled over the last few years – for improving the competitiveness of the railways and its viability?
PART B (GENERAL EXPENDITURE ACCOUNTS AND WORKSHOP AND STORES ACCOUNTS)

Answer any THREE questions. All questions carry equal marks
BB – 1. Is risk purchase effective in our system? If not why not and what is the procedural/policy correctives you would suggest?
BB -2. With the cost of finance the inventory carriage is increasingly becoming costly. How can railways reduce inventory without compromising on effectiveness of its service and also ensure economy?
BB - 3. Discuss the effectiveness of prevailing system of incentive payment in railway workshop. How is it an instrument for improving productivity with quality commensurate with investment for modernisation of the workshop?
BB – 4. How far the system of purchase through open tenders ensured quality with economy and reliability? Should railway change over to a system of identifying reliable suppliers with long term commitment in the interest of ensuring quality and reliability?
BB – 5. is the present procedure/method of planning , procuring and inducting machines as replacement or for modernisation cost effective? What are the improvements you suggest to ensure the investments slim, strictly need based and improvement is productivity commensurate with investment is ensured?
BB – 6. There is growing feeling that “we should better privatise, better buy than make”. Why is this so? What role can stores and workshop accounts play to rationalise and ensure “makes”, more attractive than “buys” and reverse the trend?