THE KERALA ACCOUNT CODE, VOLUME II
(TREASURY ACCOUNTS)
PART I
CHAPTER 1
INTRODUCTORY
𝐐1. The Treasury Officer is responsible for keeping the accounts of the treasury in accordance with the directions contained in :
(A) The Kerala Account Code
(B) The Kerala Service Rules
(C) The Kerala Budget Manual
(D) None of these
Correct Answer:- Option-(A) The Kerala Account Code
A:-General Principles and Methods of Kerala Government AccountB:-PWD Accounts of KeralaC:-Forest Accounts of KeralaD:-Methods and principles according to which accounts should be kept and rendered it to the Accountant General by Treasuries in Kerala
1. The directions contained in this volume deal primarily with the initial accounts to be kept at treasuries and with the accounts returns to be rendered by treasuries to Accountants-General. They are supplementary to the general directions in Volume I, which shall apply to all treasuries unless there be something repugnant in the subject or context or except to the extent that they are modified by the directions in this volume.
2. The forms of initial accounts prescribed in this volume should be regarded as standard or model forms which may be modified by Government according to local requirements in consultation with the Accountant-General concerned. Similarly as regards accounts returns the Accountant-General may introduce such changes in detail as he may deem necessary.
𝐐3.The model forms of Kerala Account Code vol II may be modified in consultation with the :
(A) Director of Treasuries
(B) Accountant General
(C) Reserve Bank of India
(D) (A), (B) and (C)
ANSWER:-(B) Accountant General
3. Unless there be something repugnant in the subject or context, the following expressions in this volume should be interpreted in the sense be explained:
(1) “Accountant-General”
when used in relation to a treasury means the Accountant-General to whom that treasury renders accounts.
(2) “The Bank”
means any office or branch of the banking department of the Reserve Bank of India, any branch of the State Bank of India, in accordance with the provisions of the Reserve Bank of India Act, 1934 (Act2 of 1934), and any branch of a subsidiary bank as defined in section 2 of the State Bank of India (subsidiary Banks) Act, 1959 (Act 38 of 1959), which is authorised to transact Government business as agent of the State Bank of India, or any other agency appointed by the Reserve Bank of India.
(3) “Bank Treasury"
means a Treasury, the cash business of which is conducted by the bank.
A:-A treasury, the cash business of which is conducted by the treasury itselfB:-A treasury, the cash business of which is conducted by Central TreasuryC:-A treasury, the cash business of which is conducted by the bankD:-None of these
Correct Answer:- Option-C
(3A)“Central Treasury"
means and includes any Treasury or Sub Treasury not being a Treasury or Sub Treasury under the control of a State.
(4) “Department”
excludes the Railway, Posts and Telegraphs and Defence Departments and “Departmental Officers” excludes the Railways, Posts and Telegraphs and Defence Officers.
(5) “Director”
means the Head of the Department of Treasuries and includes any other officer for the time being authorised to discharge the duties of the Director for the purpose of Treasury Rules.
(6) "Government”
when used in relation to a Central Treasury means the Central Government and when used in relation to a State Treasury means the State Government.
(7)"Non-Bank Treasury”
means a Treasury other than Bank Treasury (See item (3) above)
(8) "State”
refers to a State in the First Schedule to the Constitution.
(9) “Treasury”
includes a Sub Treasury.
𝐐4. Treasuries are classified into two viz:
(A) Banking treasury and non-banking treasury
(B) District treasury and sub treasury
(C) Rural treasury and urban treasury
(D) Central treasury and Additional treasury
𝐐5. As per Article 3 of KAC Volume 2 _____ means a treasury, the cash business of which is conduced by the bank
A:-Non-Bank treasury
B:-Cash treasury
C:-Sub treasury
D:-Bank treasury
(A) the cash business of which is conducted by the treasury(B) the cash business of which is conducted by bank(C) the cash business of which is partly conducted by treasury and partly by bank(D) None of these
𝐐7. A treasury in which the cash business of which is conducted by itself is called
A:-Non Bank treasury
B:-ATM
C:-Bank treasury
D:-Post office
Bank Treasury as per the Account code means
ReplyDeleteA:-Cash business is conducted through a Treasury for a bank
B:-Cash business is conducted by a bank for government
C:-A treasury, the cash business of which is conducted by the bank
D:-All of the above
Correct Answer:- Option-C
Bank Treasury as per the Account code means
ReplyDeleteA:-Cash business is conducted through a Treasury for a bank
B:-Cash business is conducted by a bank for government
C:-A treasury, the cash business of which is conducted by the bank
D:-All of the above
Correct Answer:- Option-C
Kerala Account Code Volume II deals with
ReplyDeleteA:-General Principles and Methods of Kerala Government Account
B:-PWD Accounts of Kerala
C:-Forest Accounts of Kerala
D:-Methods and principles according to which accounts should be kept and rendered it to the Accountant General by Treasuries in Kerala
Correct Answer:- Option-D
Kerala Account Code Volume II deals with
ReplyDeleteA:-General Principles and Methods of Kerala Government Account
B:-PWD Accounts of Kerala
C:-Forest Accounts of Kerala
D:-Methods and principles according to which accounts should be kept and rendered it to the Accountant General by Treasuries in Kerala
Correct Answer:- Option-D
The daily account of sub treasuries are incorporated in the accounts of the district treasuries in accordance with the direction contained in
ReplyDeleteA:-Kerala Account Code Vol. I
B:-Kerala Account Code Vol. II
C:-Kerala Treasury Code Vol. I
D:-Kerala Treasury Code Vol. II
Correct Answer:- Option-B