Model Question for IPO Examination (Q67-107 FHB Vol)

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