You Are On Question Answer Bank SET 360
18001. What is the notice time required, as per the procurement guidelines in the case of a limited tender?
Answer: 14 days.
18003. The transfer if functions, functionaries and funds by Government to LSGIs is generally termed as:
Answer: Devolution.
18004. What is the quorum of the Managing Committee for public Health Institutions?
Answer: ½ of the total strength.
18005. ……… means a group of subsidiary accounts, the sum of the balances of which is equal to the balance of control accounts in the General Ledger.
Answer: Sub-ledger.
18006. The responsibility of exercising budgetary control in a Grama Panchayat shall lie with:
Answer: The secretary and Accountant.
18007. Which is the institution in which the Panchayat fund cannot be deposited?
Answer: Post office.
18009. The business hours of cash transaction in Grama Panchayats shall be………….on all working days.
Answer: 10AM-3 PM.
18011. Who is duty bound to get bank/treasury statement at the end of each month and to confirm that remittances have been fully credited?
Answer: Accountant.
18013. Who is to place the monthly statement of receipts and payments before the Panchayat Committee, every month?
Answer: T.R.59 B
18014. What is the time………..limit with in which a rectification report shall be given by a Panchayat to the auditor?
Answer: Within 2 months from the date of receipt of the audit report.
18016. The T.A. bills of Panchayat members are to be scrutinized and passed by:
Answer: The Panchayat President.
18017. The limit up to which a president of Grama Panchayat can incur expenditure on an item of recognised contingencies at a time is :
Answer: Rs.5000/-
18018. When a misappropriation of Panchayat fund is discovered by the secretary, to whom shall be report the same?
Answer: President Police Government and the auditor.
18019. Public works up to which amount can be executed through Beneficiary committees?
Answer: 15 lakhs.
18020. Which is the authority competent to accept tender on a public work in a Panchayat?
Answer: Panchayat Committee
18021. The accounting system followed in Panchayats is :
Answer: Double entry system of book keeping.
18022. …………….means the annual financial statements and other statements prescribed under Rule 65 of Kerala Panchayat Raj (Accounts) Rules, 2011?
Answer: Annual report.
18024. Offering, giving, receiving or soliciting directly or indirectly of anything of value, to influence improperly the actions of another party constitutes:
Answer: Corrupt practice.
18025. Entries which do not involve cash or bank/treasury accounts shall be recorded in the:
Answer: Journal Book.
18026. What shall be indicated on a receipt issued towards receipt of cheque/demand draft by Grama Panchayats?
Answer: Subject to realization.
18027. Tangible objects or intangible rights owned by a Panchayat or designed or transferred to a Panchayat and carrying probable future benefits are called:
Answer: Assets.
18028. Each Ex officio Secretary/Implementing Officer of a Grama Panchayat shall furnish to the Secretary a statement of expenditure incurred by him out of the allotment received by him before the……….. of the subsequent month.
Answer: 5th
18029. Bills and Vouchers, in original, are required to be attached to bills, only if the expenditure exceeds:
Answer: Rs.500.
18030. What is the condition in which Cash Book and Bank Book are Maintained in the same registry?
Answer: When the account books are maintained manually.
18031. Who is duty bound to ensure the proper remittance of Cash, Cheques and demand drafts to the treasury/bank?
Answer: Accountant.
18032. When was the new Accounting System introduced as per G.O. (MS) No.83/2011/LSGD dt 28-03-2011 come into force in Grama Panchayats?
Answer: 1-04-2011.
18034. Of the following, which procedure needs be carried out only at the end of every financial year in Grama Panchayats?
Answer: Physical verification and reconciliation of stock.
18035. The Secretary of Grama Panchayat shall place a statement of receipts and payment before the Standing Committee for Finance not later than………. of the subsequent month:
Answer: 10th
18036. What is the time limit prescribed for the submission of the Annual Financial Statement of Grama Panchayats to the auditor, as per G.O(MS) No.83/2011/LSGD dt 28/03/2011?
Answer: Before 15th May of the succeeding year.
18038. What is the procedure to be followed when a cheque is cancelled?
Answer: It shall be retained with counterfoil.
18039. When shall the secretary publish the Annual report under S.215 (15) of the Kerala Panchayat Raj Act, 1994?
Answer: Not later than 10th November of the succeeding year.
18040. ………..is responsible for submitting the A.F.S to the Audit, in respect of Grama Panchayat?
Answer: Secretary.
18042. Which authority is entrusted to consolidate the annual budgets of Grama Panchayats in a district?
Answer: The District Panchayat.
18045. The time limit for issuing a surcharge certificate is …………. from the date of the irregular expenditure.
Answer: 4 years.
18046. Which is the authority to conduct a special audit in a Grama Panchayat?
Answer: Local Fund Audit.
18047. The time limit within which the Auditor shall return the AFS. Submitted if found defective is :
Answer: One week.
18050. All physically handicapped employees eligible to claim conveyance allowance are eligible for how many days of leave or treatment of illness connected with the physical handicap of the employee:
Answer: 15 days.
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