Knowledge Booster: EXPENDITURE_L1 Edition (27 Mar 2026)
Welcome to today's EXPENDITURE_L1 Knowledge Booster! We've handpicked 10 essential questions from our database to help you sharpen your skills. Dive in and test your knowledge!
Q1. What is the full form of DRF with respect to india railways' source of fund ? भारतीय रेलवे के निधि स्रोत के संबंध में डीआरएफ का पूर्ण रूप क्या है ?
- A) Deposit resources Fund
- B) Depreciation Reserve Fund
- C) Development Reserve fund
- D) None of the above
Correct Answer: Depreciation Reserve Fund
Explanation: Explanation : DRF - Depreciation Reserve Fund .
Q2. Abstract - H deals with: सारांश - एच निम्नलिखित विषयों से संबंधित है:
- A) Operating Expense: Fuel
- B) Operating Expense: Power
- C) Operating Expenses: CNG
- D) Operating Expense: Coal
Correct Answer: Operating Expense: Fuel
Explanation: Explanation : Erstwhile Demand No. 10 - Operating Expenses - Fuel - Sub Major Head is 8 ( Rule is minus 2 from erstwhile Demand No.) HSD Oil, Traction, Coal are part of the Operating Expenses - Fuel
Q3. My features are: 1. Prepared to obtain the Technical Sanction of the Competent Authority. 2. Prepared in sufficient detail. 3. The cost should not exceed the Abstract Estimate Who am I ? मेरी विशेषताएं इस प्रकार हैं: 1. सक्षम प्राधिकारी की तकनीकी स्वीकृति प्राप्त करने के लिए तैयार। 2. पर्याप्त विस्तार से तैयार। 3. लागत सारांश अनुमान से अधिक नहीं होनी चाहिए। मैं कौन हूँ?
- A) Project Abstract Estimate
- B) Abstract Estimate
- C) Completion Estimate
- D) Detailed Estimate
Correct Answer: Detailed Estimate
Explanation: Explanation :
Q4. Public moneys should not be utilized for the benefit of a particular person or section of the community unless ____________ (Hint: Canons of financial propriety)सार्वजनिक धन का उपयोग किसी विशेष व्यक्ति या समुदाय के वर्ग के लाभ के लिए तब तक नहीं किया जाना चाहिए जब तक कि ____________ (संकेत: वित्तीय औचित्य के सिद्धांत)
- A) A claim for the amount could be enforced in a Court of Law.
- B) A claim for the amount sanctioned by General Manager
- C) A claim for the amount sanctioned by FC
- D) None of the above
Correct Answer: A claim for the amount could be enforced in a Court of Law.
Explanation: Explanation : Public moneys should not be utilized for the benefit of a particular person or section of the community unless- a. the amount of expenditure involved is insignificant ; or
Q5. Canons of Financial Propriety are incorporate in the _________ (Railway Code)वित्तीय औचित्य के सिद्धांतों को _________ (रेलवे कोड) में शामिल किया गया है
- A) Para 116 of Engineering Code
- B) Para 116 of Finance Code
- C) Para 116 of Accounts Code
- D) Para 116 of Administrative & Finance an introduction code
Correct Answer: Para 116 of Finance Code
Explanation: Explanation : Ø All sanctioning authorities must pay due regard these rules/principles while exercising their financial powers. 1
Q6. PH 82 - Transfer to SRSF - Special Railway Safety Fund.SRSF is replaced as _____________ (recently)पीएच 82 - एसआरएसएफ में स्थानांतरण - विशेष रेलवे सुरक्षा निधि।SRSF को _____________ के रूप में प्रतिस्थापित किया गया है
- A) RRSK - Rashtriya Rail Sanraksha Kosh
- B) RSF - Railway Safety Fund
- C) No Change
- D) None of these
Correct Answer: RRSK - Rashtriya Rail Sanraksha Kosh
Explanation: Explanation : 1) Dedicated Fund for Railway Safety 2) Established in the year 2017-18
Q7. The expenditure incurred on account of settlement of arbitration award (by Courts) will be treated as ________ and dealt accordingly for obiaining funds. (Appendix2 Exam ECoR Expenditure-2023) मध्यस्थता निर्णय के निपटारे (न्यायालयों द्वारा) के मद में किए गए व्यय को ________ माना जाएगा और निधियों की प्राप्ति के लिए तदनुसार निपटाया जाएगा। (परिशिष्ट 2 परीक्षा ई.सी.ओ.आर. व्यय-2023)
- A) Voted Expenditure
- B) Charged Expenditure
- C) Contingent Expenditure
- D) None of the above
Correct Answer: Charged Expenditure
Explanation: Explanation : If Arbitration Award by the Railway Arbitrators, it should be allocated to Voted Expenditure, not Charged Expenditure
Q8. In the exercise of their financial powers, the ______________ must pay due regard to the Canons of Financial Proprietyअपनी वित्तीय शक्तियों के प्रयोग में, ______________ को वित्तीय औचित्य के सिद्धांतों का उचित ध्यान रखना चाहिए
- A) Accounts officers
- B) DRMs
- C) GMs
- D) Sanctioning authorities
Correct Answer: Sanctioning authorities
Explanation: Explanation :
Q9. Monetary Powers of DRM to sanction Lumpsum works under PH-30 (RSW- Road Safety Works) in lieu of LC - Level Crossing gateपीएच-30 (आरएसडब्ल्यू-एलसी) के तहत अंब्रेला कार्यों को मंजूरी देने के लिए डीआरएम की मौद्रिक शक्तियां
- A) Rs. 1 Cr
- B) Rs. 2.5 Cr
- C) Rs. 5 Cr
- D) Rs. 3 Cr
Correct Answer: Rs. 5 Cr
Explanation: Explanation :
Q10. A minor (17 years old) enters into a contract to buy a mobile phone. This contract is: एक नाबालिग (17 वर्ष का) मोबाइल फोन खरीदने के लिए अनुबंध करता है।
- A) Valid
- B) Void
- C) Enforceable
- D) Illegal
Correct Answer: Void
Explanation: Explanation : Minors are not legally competent to enter into contracts. Hence, such a contract is void.
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