BUDGET MANUAL QUESTIONS 8

 1:-When the Govt. decides to construct an extension block to an existing hospital, it is 

 A:-A New Service 

 B:-A New Instrument of Service 

 C:-A New form of Service 

 D:-Altogether new service 

 Correct Answer:- Option-B 



2:-A statement of the estimated receipts and expenditure of the State for each financial year is known as __________. 

 A:-Annual Financial Statement 

 B:-Budget 

 C:-(1) and (2) above 

 D:-SDG 

 Correct Answer:- Option-C 



3:-The first tier of classification in a five tier system of classification of transactions is 

 A:-Major Head 

 B:-Minor Head 

 C:-Sector 

 D:-Sub Head 

 Correct Answer:- Option-C 


4:-The primary function of the Committee on Public Accounts is to scrutinize 

 A:-The Reports of the Comptroller and Auditor General of India 

 B:-The Appropriation Accounts 

 C:-The Finance Accounts 

 D:-All of the above 

 Correct Answer:- Option-D 


5:-_________ means the assignment of funds by the Legislature, to meet specified expenditure. 

 A:-Budget 

 B:-Appropriation 

 C:-Demand for Grant 

 D:-SDG 

 Correct Answer:- Option-B 


6:-Motions may be moved to reduce any grant, but not to increase or alter the destination of a grant. A motion may be moved to reduce the amount of demand is termed as  A:-Vote on account 

 B:-SDG 

 C:-Cut motions 

 D:-Discussion 

 Correct Answer:- Option-C 


7:-When funds to meet proposed expenditure on a new service can be made available by re appropriation, a demand for the grant of a token sum may be submitted to the vote of the Assembly. The grant is called 

 A:-Excess grant 

 B:-Supplementary grant 

 C:-Grant-in-aid 

 D:-Token grant 

 Correct Answer:- Option-D 


8:-Supplementary Grant is authorized by the _________. 

 A:-Finance Department 

 B:-Legislature 

 C:-Minister 

 D:-Public accounts committee 

 Correct Answer:- Option-B 


9:-The Contingency Fund shall be held on behalf of the Governor 

 A:-By the Chief Minister 

 B:-By the Finance Minister 

 C:-President of India 

 D:-By the Finance Secretary 

 Correct Answer:- Option-D 


10:-How many members are in the Estimate Committee? 

 A:-11 members 

 B:-10 members 

 C:-12 members 

 D:-4 members 

 Correct Answer:- Option-A



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