CHAPTER II
CLASSIFICATION OF TRANSACTIONS IN TREASURY ACCOUNTS
A. GENERAL
A:-Government to which it appertainsB:-Department or heads of account concernedC:-Both of the aboveD:-None of the aboveCorrect Answer:- Option-C:-Both of the above
The transactions of Railways, Posts and Telegraphs and Defence though they form part of the transactions of the Central Government should for the purpose of this Article and other Articles of this Code be treated as separate from other Central Transactions for Classification. (see Article 9-A.)
𝐐2.Any transaction which cannot be allocated directly to any particular department is known as:
(A) Not appropriated item(B) Unclassified item
(C) Not allocated item
(D) Budgeted item
ANSWER:-(B) Unclassified item
B. TRANSACTIONS WITH OTHER GOVERNMENTS
I. In State Treasuries
𝐐3.Money transactions with other governments
A:-10 to 13 KAC Vol. 2B:-2 to 5 KAC Vol. 2
C:-6 to 9 KAC Vol. 2
D:-14 to 17 KAC Vol. 2
Correct Answer:- Option-C:-6 to 9 KAC Vol. 2
7..Transactions of the Central Government occurring at a bank treasury. which will be taken by the Bank direct to the accounts of the Central Government, should be incorporated in the "Central" section of the Treasury accounts under the appropriate heads of classification, the net credit or debit being taken to the head "Reserve Bank Deposits - Central". Such transactions occurring at a non-bank treasury should likewise be accounted for under the appropriate heads of receipts and payments in the "Central" section of accounts but the net totals of those receipts and payments should be entered in the accounts of the State Government under the suspense head "Adjusting Account between Central and State Governments”.
ഒരു ബാങ്ക് ട്രഷറിയിൽ നടക്കുന്ന കേന്ദ്ര സർക്കാരിന്റെ ഇടപാടുകൾ. കേന്ദ്ര ഗവൺമെന്റിന്റെ അക്കൗണ്ടുകളിലേക്ക് ബാങ്ക് നേരിട്ട് എടുക്കുന്നവ, ട്രഷറി അക്കൗണ്ടുകളുടെ "സെൻട്രൽ" വിഭാഗത്തിൽ ഉചിതമായ വർഗ്ഗീകരണ ഹെഡുകൾക്ക് കീഴിൽ ഉൾപ്പെടുത്തണം, നെറ്റ് ക്രെഡിറ്റ് അല്ലെങ്കിൽ ഡെബിറ്റ് "റിസർവ് ബാങ്ക് നിക്ഷേപങ്ങൾ" - സെൻട്രൽ ". ബാങ്ക് ഇതര ട്രഷറിയിൽ നടക്കുന്ന അത്തരം ഇടപാടുകൾ അതുപോലെ തന്നെ "സെൻട്രൽ" അക്കൗണ്ടിലെ ഉചിതമായ രസീതുകളുടെയും പേയ്മെന്റുകളുടെയും കീഴിൽ കണക്കാക്കണം, എന്നാൽ ആ രസീതുകളുടെയും പേയ്മെന്റുകളുടെയും ആകെ തുക സംസ്ഥാന സർക്കാരിന്റെ അക്കൗണ്ടുകളിൽ - സസ്പെൻസ് ഹെഡ് "കേന്ദ്ര -സംസ്ഥാന സർക്കാരുകൾ തമ്മിലുള്ള അക്കൗണ്ട് ക്രമീകരിക്കൽ".രേഖപ്പെടുത്തണം
𝐐4.Bank Treasury:
(A) Art. 7 of KAC Vol II(C) Art. 7(3) of KAC Vol II(B) Art. 7(2) of KAC Vol II
(D) Art.8 of KAC Vol II
II. In Central Treasuries
C. TRANSACTIONS ON BEHALF OF RAILWAYS,
POSTS AND TELEGRAPHS AND DEFENCE
D. TRANSACTIONS ON BEHALF OF GOVERNMENTS
OTHER COUNTRIES
(1) All the transactions relating to Burma which arise in State treasuries in the State of Kerala other than those initiated by departmental officers of the Central Government should be taken initially against the balances of the Kerala Government and accounted for under the major head "Account with the Government of Burma" with suitable detailed heads. Separate schedules with necessary particulars should be enclosed in support of the figures booked against the detailed heads in the account. The Accountant General will arrange for the final settlement of these transactions with the Government of Burma.
കേന്ദ്രസർക്കാരിന്റെ ഡിപ്പാർട്ട്മെന്റൽ ഓഫീസർമാർ ആരംഭിച്ചതല്ലാതെ കേരള സംസ്ഥാനത്തെ സംസ്ഥാന ട്രഷറികളിൽ ഉണ്ടാകുന്ന ബർമ്മയുമായി ബന്ധപ്പെട്ട എല്ലാ ഇടപാടുകളും തുടക്കത്തിൽ കേരള സർക്കാരിന്റെ ബാലൻസിന് വിരുദ്ധമായി എടുക്കേണ്ടതും സർക്കാരിന്റെ അക്കൗണ്ടിൽ മേജര് ഹെഡില് കണക്കാക്കേണ്ടതുമാണ്. ബർമ്മയുടെ "അനുയോജ്യമായ ഡിറ്റേയ്ല്ഡ് ഹെഡുകളോടെ. അക്കൗണ്ടിലെഡിറ്റേയ്ല്ഡ് ഹെഡുകളോടെക്കെതിരെ ബുക്ക് ചെയ്ത കണക്കുകൾക്ക് പിന്തുണയായി ആവശ്യമായ വിവരങ്ങളുള്ള പ്രത്യേക ഷെഡ്യൂളുകൾ ഉൾപ്പെടുത്തണം. അക്കൗണ്ടന്റ് ജനറൽ ഈ ഇടപാടുകളുടെ അവസാന സെറ്റിൽമെന്റ് ബർമ സർക്കാരുമായി ക്രമീകരിക്കും.
(2) The procedure prescribed in instruction(1) above should also be followed in the case of the transactions relating to the Postal and Defence Departments of the Government of Burma which arise in treasuries in the State of Kerala.കേരള സംസ്ഥാനത്തെ ട്രഷറികളിൽ ഉയർന്നുവരുന്ന ബർമ സർക്കാരിന്റെ തപാൽ, പ്രതിരോധ വകുപ്പുകളുമായി ബന്ധപ്പെട്ട ഇടപാടുകളുടെ കാര്യത്തിലും മുകളിലുള്ള നിർദ്ദേശത്തിൽ (1) നിർദ്ദേശിച്ചിട്ടുള്ള നടപടിക്രമം പിന്തുടരണം.
(3) The transactions relating to Burma which arise and are finally brought to account in the treasuries of the State of Kerala and which are initiated by officers of the Civil Department of the Central Government, such as Income Tax Officers, should be accounted for under the exchange account head "Account between Civil and Civil-Account between Central Revenues and Kerala-Items adjustable by the Accountant-General; Central Revenues", e.g., a refund of income tax which is authorised by an Income Tax Officer in Kerala and is debitable to the Government of Burma, should be debited to the head mentioned above.
ബർമ്മയുമായി ബന്ധപ്പെട്ട ഇടപാടുകൾ കേരള സംസ്ഥാനത്തിന്റെ ട്രഷറികളിൽ ഉണ്ടാകുകയും ഒടുവിൽ അക്കൗണ്ടിലേക്ക് കൊണ്ടുവരികയും കേന്ദ്ര ഗവൺമെന്റിന്റെ സിവിൽ ഡിപ്പാർട്ട്മെന്റ് ഉദ്യോഗസ്ഥർ ആരംഭിക്കുകയും ചെയ്യുന്നു, അതായത് ആദായനികുതി ഉദ്യോഗസ്ഥർ പോലുള്ളവർ- എക്സ്ചേഞ്ച് അക്കൗണ്ടിന് കീഴിൽ കണക്കാക്കണം. head "കേന്ദ്ര വരുമാനത്തിനും കേരളത്തിനും ഇടയിലുള്ള സിവിൽ-സിവിൽ-അക്ക betweenണ്ട് തമ്മിലുള്ള Accountant General ക്രമീകരിക്കാവുന്ന ഇനങ്ങൾ; കേന്ദ്ര വരുമാനം", ഉദാ, കേരളത്തിലെ ഒരു ആദായനികുതി ഉദ്യോഗസ്ഥൻ അംഗീകരിച്ചതും സർക്കാരിന് ഡെബിറ്റബിൾ ആയതുമായ ആദായ നികുതി റീഫണ്ട് ബർമയുടെ, മുകളിൽ സൂചിപ്പിച്ച headൽ ഡെബിറ്റ് ചെയ്യണം.
(4) Transactions of the Federated Shan States arising in treasuries in the state of Kerala should be exhibited in the accounts separately from those pertaining to the Government of Burma, under the detailed head "Items adjustable by the Accounts Office, Federated Shan States” opened under "Account with the Government of Burma”. കേരള സംസ്ഥാനത്തെ ട്രഷറികളിൽ ഉയർന്നുവരുന്ന ഫെഡറേറ്റഡ് ഷാൻ സ്റ്റേറ്റുകളുടെ ഇടപാടുകൾ "അക്കൗണ്ട് ഓഫീസ്, ഫെഡറേറ്റഡ് ഷാൻ സ്റ്റേറ്റ്സ് ക്രമീകരിക്കാവുന്ന ഇനങ്ങൾ" എന്ന വിശദമായ തലക്കെട്ടിൽ, അക്കൗണ്ടിന് കീഴില് -"Account with the Government of Burma” എന്ന ഹെഡ്
E. ACCOUNT WITH THE RESERVE BANK
𝐐5.The receipts and payments on account of Reserve Bank of India originating in State Treasury should be credited to the head of account “Accounts with the Reserve Bank” as required in : .
(A) Rule 232 KTC Vol I
(B) Art 30 Kerala Account Code Vol. II
(C) Art 11 Kerala Account Code Vol. II
(D) None of these
Correct Option:-Answer: (C) Art 11 Kerala Account Code Vol. II
F.
TRANSACTIONS WITH DEPARTMENTS WHICH
DRAW MONEY BY CHEQUES
(A) Land compensation charges(B) Expenditure of PWD - the name of the Division specified in each case(C) Expenditure of the land Acquisition office(D) Expenditure of Revenue departmentCorrect Answer-Option: (B) Expenditure of PWD - the name of the Division specified in each case
Earnest money deposits made in a treasury in favour of a departmental officer of another Government should be classified in the treasury accounts in accordance with the directions in Article 7 to 9.ആർട്ടിക്കിൾ 7 മുതൽ 9 വരെയുള്ള നിർദ്ദേശങ്ങൾക്കനുസൃതമായി മറ്റൊരു ഗവൺമെന്റിന്റെ ഒരു ഡിപ്പാർട്ട്മെന്റൽ ഓഫീസർക്ക് അനുകൂലമായി ട്രഷറിയിൽ നടത്തിയ ഏറ്റവും സമ്പന്നമായ പണ നിക്ഷേപങ്ങൾ ട്രഷറി അക്കൗണ്ടുകളിൽ തരംതിരിക്കണം.
(A) Rule 431 KTC Vol I
(B) Art 15 Kerala Account Code Vol. II
(C) Art 10 Kerala Account Code Vol. II
(D) Rule 220 KTC Vol. I 90
Correct Option:-Answer: (B) Art 15 Kerala Account Code Vol. II
𝐐8. Earnest Money Deposit by an intending tenderer of a forest department was credited to departmental receipts. Is this correct?
(A) Correct
(B) Not correct. It should be classified under Forest Remittances
(C) Not correct. It should be classified as "Revenue Deposits
(D) Correct. It should be credited to "Miscellaneous Receipts"
Correct Answer- Option:(C) Not correct. It should be classified as "Revenue Deposits
G.
REMITTANCES
I.
Cash Remittances
if both the treasuries are under a single Government
|
as a "Local Remittance" in the account of that
Government;
|
if they are under different Governments.
|
As a "Foreign Remittance" in the
accounts of the Central Government, |
𝐐9.. A remittance, whether made direct or through currency chests between two treasuries under a single Govt. should be classified as :
(A) Local Remittance
(B) Currency Remittance
(C) Foreign Remittance
(D) None of these 91
Correct Option:-Answer: (A) Local Remittance
𝐐10.. Cash remittance between two treasuries should be classified as _______ if both the treasuries are under a single Govt.
A:-Transfer Remittance
B:-Inter-Treasury Remittance
C:-Local Remittance
D:-Foreign Remittance
Correct Answer:- Option-C:-Local Remittance
𝐐11. A remittance made between two treasuries under different Government is called:
(A) Foreign remittance
(B) Local remittance
(C) Currency remittance
(D) Cash chest remittance
Correct Option:-Answer: (A) Foreign remittance
𝐐12. In cases where a treasury officer is in doubt as to the classification of a remittance will state in the remittance order whether the remittance is a ‘local' or 'foreign' or a 'currency' remittance :
(A) Currency Officer
(B) Finance Department
(C) Chief Secretary
(D) None of these
Correct Option:-Answer:(A) Currency Officer
𝐐13.Remittances made direct or through currency chests between two treasuries of the State Government should be classified in the treasury as:
(A) Local remittance
(B) Currency remittance
(C) Foreign remittance
(D) None of the above
Correct Answer-Option: (A) Local remittance
(a) currency remittances, and(b) payments made by an office of the Reserve Bank to a local Head Office of the State Bank of India from the currency chest in consideration of an equal amount being deposited by it and the branches in its jurisdiction into the currency chests or vice versa.
(A) Currency Officer(B) Finance Department(C) Chief Secretary(D) None of theseCorrect Option:-Answer: (A) Currency Officer
18. *
Note:-Remittances between Small Coin Depots or between a Small Coin Depot and a Mint should not pass through the treasury accounts, but they should be accounted for in the books of the Depots concerned as "Small Coin Depot" or "Mint”. Remittances if both the Depots or the Depot and the Mint render accounts to the same Accountant-General and as "Foreign Remittances” if they render accounts to different Accountants-General.
II. Reserve Bank of India. Remittances*
Note: -
Actual telegram charges recovered by treasuries for issue of Telegraphic Transfers will be credited as miscellaneous receipts of the treasury, the service stamps required for the despatch of telegrams being debited as treasury contingencies.
H. ADJUSTMENTS BY TRANSFER
Postal Life Insurance Fund. Superior(i) All sums deducted from Central and State bills account of income tax and subscriptions to the funds mentioned below should be entered separately as receipts:
Services (India) Family Pension Fund.
Indian Military Service Family Pension Fund. Indian Military Widows' and Orphans Fund.Any other deduction from Central/State bills which are creditable to the State/Central Government should likewise be shown as receipts.
(ii) In the case of Local Funds the gross amount of a voucher should be entered as payment and the deductions credited.
(iii) When a deposit is subject to abatement the full sum should be entered as payment, and the sum abated brought to credit.
(iv) In the case of bills containing deductions on account of rent of buildings (including electric installations, water supply etc.) borne on the books of the Public Works Department, the gross amount should be entered as payment and recoveries credited to the Public Works Head of Account concerned, as noted in the Divisional Officer's demand statement.
(v) When it is desired that either the whole or part of the amount of a bill should be remitted to a person or persons by Postal Money Order, the gross amount of the bill should be entered as payment and the deduction on account of the Money Order and the amount of commission due thereon credited direct to the post office.
𝐐15.As per .......... the gross amount of a voucher in respect of a local fund should be entered as payment and the deductions credited.
(A) Art 26 (ii) of KAC Vol II
(B) Rule 401 KTC Vol. I
(C) Rule 210 KTC Vol. I
(D) None of these
Correct Answer:-Option: (A) Art 26 (ii) of KAC Vol II
Earnest Money Deposit by an intending tenderer of a forest department was credited to departmental receipts. Is this correct?
ReplyDelete(A) Correct
(B) Not correct. It should be classified under Forest Remittances
(C) Not correct. It should be classified as "Revenue Deposits
(D) Correct. It should be credited to "Miscellaneous Receipts"
Correct Answer- Option:(C) Not correct. It should be classified as "Revenue Deposits
Article. 15
DeletePayments on account of compensation for land acquired for the PWD made by the Land Acquisition Officers (not acting as Public Works Department disbursers) are classified in the treasury account as:
ReplyDelete(A) Land compensation charges
(B) Expenditure of PWD - the name of the Division specified in each case
(C) Expenditure of the land Acquisition office
(D) Expenditure of Revenue department
Correct Answer-Option: (B) Expenditure of PWD - the name of the Division specified in each case
Remittances made direct or through currency chests between two treasuries
ReplyDeleteof the State Government should be classified in the treasury as:
(A) Local remittance
(B) Currency remittance
(C) Foreign remittance
(D) None of the above
Correct Answer-Option: (A) Local remittance
❤Each item of receipt or payment occurring at a Treasury should be classified in its accounts with reference to the
ReplyDeleteA:-Government to which it appertains
B:-Department or heads of account concerned
C:-Both of the above
D:-None of the above
Correct Answer:- Option-C
❤The receipts and payments on account of Reserve Bank of India originating in State Treasury should be credited to the head of account “Accounts with the Reserve Bank” as required in : .
ReplyDelete(A) Rule 232 KTC Vol I
(B) Art 30 Kerala Account Code Vol. II
(C) Art 11 Kerala Account Code Vol. II
(D) None of these
Correct Option:-Answer: (C)
❤ As per -the earnest money deposit made by intending tenders of the Forest Department should not be carried to the credit of that department. :
ReplyDelete(A) Rule 431 KTC Vol I
(B) Art 15 Kerala Account Code Vol. II
(C) Art 10 Kerala Account Code Vol. II
(D) Rule 220 KTC Vol. I 90
Correct Option:-Answer: (B)
❤ A remittance, whether made direct or through currency chests between two treasuries under a single Government should be classified as :
ReplyDelete(A) Local Remittance
(B) Currency Remittance
(C) Foreign Remittance
(D) None of these 91
Correct Option:-Answer: (A)
❤A remittance made between two treasuries under different Government
ReplyDelete(A) Foreign remittance
(B) Local remittance
(C) Currency remittance
(D) Cash chest remittance
Correct Option:-Answer: (A)
❤The term foreign remittance means:
ReplyDelete(A) Cash remittance between two treasuries under a single Government
(B) Cash remittance between treasuries under different Government
(C) Cash remittance by Foreign Countries
(D) None
Correct Option:-Answer: (B)
❤ In cases where a treasury officer is in doubt as to the classification of a remittance will state in the remittance order whether the remittance is a ‘local' or 'foreign' or a 'currency' remittance :
ReplyDelete(A) Currency Officer
(B) Finance Department
(C) Chief Secretary
(D) None of these
Correct Option:-Answer: (A)