No official Railway Board PDF has been traced for this entry yet. The text below was read from the document held in the library.
| Type | Commercial Circular |
|---|---|
| Topic | reservation |
| Currency | Currency not verified |
Major Head, Sub Major Head, Minor Head, Detailed Head & Object Head
Finance Code - Volume 2 - Classification Expenditure & Revenue, Plan Heads & Primary Units Question -1 ● Total Number of erstwhile Demands in in Major Head 3002 in Indian Railways A. 15 B. 16 C. 12 D. 14 Answer - 1 C – 12 (erstwhile Demands 03 to 14) 12 - 03 to 14 erstwhile Demands are called as OWE – Ordinary Working Expenses (or SMHs – Sub Major Heads 1 to 12 of Major Head 3002/3003 – Indian Railways Working Expenses 15 – Total number of Erstwhile Demands 01 to 15 – GWE – Gross Working Expenses 16 - Total Number of erstwhile Demands (Both Revenue & Capital) are 16 Question - 2 Single Demand Number assigned to Ministry of Railways for the FY 2024-25 is ______ A. 85 B. 84 C. 86 D. Not yet assigned A. 85 Financial Year Single Demand No 2017-18 80 2018-19 81 2019-20 82 2020-21 83 2021-22 84 2022-23 85 2023-24 85 2024-25 85 Question - 3 PH 82 – Transfer to SRSF – Special Railway Safety Fund. SRSF is replaced as __________ (recently) A. RRSK – Rashtriya Rail Suraksha Kosh B. RSF – Railway Safety Fund C. No Change D. None of these Answer - 3 A. RRSK ● Dedicated Fund for Railway Safety ● Established in the year 2017-18 ● On the recommendations of High Level Safety Review Committee, 2012 headed by Shri Anil Kakodkar, former Chairman of Atomic Energy Commission ● Initially for a Five years ● Again it was extended to another five years from 2022-23 to 2026-27 ● Though it is not stated, RRSK as Second SRSF - is in the continuation of SRSF – Special Railway Safety Fund (2001 to 2008) Question - 4 The Finance Code Vol. 2 - Revised Accounting Classification is effective from the Year _____ duly replacing _________________ A. 1969 & Appendices 1 to 3 of General Code. B. 1979 & Appendices 1 to 3 of Accounts Code Volume 1 C. 1989 & Appendices 1 to 3 of Accounts Code Volume 1 D. 1979 & Appendices 1 to 3 of General Code Answer - 4 D. 1979 (1st April) Replacing the Appendices 1 to 3 of General Code Question - 5 Finance Code -2 – Classification of Accounts of Expenditure & Earnings. Earnings is renamed as ____ A. Income B. Profit C. No Change D. None of these Answer - 5 D. None of these The Correct answer is Revenue Earnings = Revenue minus Expenditure Revenue = Total amount of money made in Sales. Now: Abstract X – Coaching Revenue Abstract Y – Goods Revenue Abstract Z – Sundry Other Revenue Question - 6 ● The erstwhile Demand No.12 has ______ & _____ A. Abstracts K & M B. Abstracts L & O C. Abstracts K & N D. Abstracts L & N Answer - 6 C. Abstracts K & N Abstract K – Misc. Working Expenses Abstract N - Suspense Question - 7 ● The erstwhile Demand No.13 has ______ & _____ A. Abstracts K & M B. Abstracts L & O C. Abstracts K & N D. Abstracts L & N Answer - 7 B. Abstracts L & O Abstract L – PF, Pension & Other Retirement benefits Abstract O – Govt Contribution to Defined Contribution Pension Scheme (NPS) Question - 8 ● The erstwhile Demands 01 & 02 are comes under Major Head No _____ A. 1001 B. 3001 C. 3002 D. 5002 Answer - 8 B. 3001 (Indian Railways Policy formulation, Direction,Research & Other Misc organisations) Revenue Receipts X,Y & Z Ordinary Working Expenses (3 to 14) Capital Expenditure (16) Commercial Lines 1002 3002 5002 Strategic Lines 1003 3003 5003 Question - 9 ● What is the correct sequence in Classification of Revenue Expenditure ? A. Erstwhile Demand No, Sub Head, Minor Head, Detailed Head & Object Head B. Major Head, Sub Major Head, Minor Head, Detailed Head & Object Head C. Erstwhile Demand No, Minor Head, Sub Head, Detailed Head & Object Head D. Sub Major Head, Minor Head, Sub Head, Object Head & Detailed Head Answer - 9 ●C. Erstwhile Demand No, Minor Head, Sub Head, Detailed Head & Object Head (Though Demand Nos are replaced by Sub Major Heads, the classification still aligns with the erstwhile Demand Nos only) Question - 10 The SMH – Sub Major Head Number for erstwhile Demand No. 12 – Misc. Working Expenses is _____ A. 08
Extract shown above; the full text is available in the search app.
Open this circular in the search app · Search all 4,025 documents