Multiple choice questions on the Delegation of Financial Powers Rules, 2024 (DFPR 2024) with answers and explanations. This is Set 26 of 44, covering Annexure-I, Object Class VIII and Note. Each set has 25 questions. Try each question first, then tap Show answer to check your answer and read the explanation.
Source: Delegation of Financial Powers Rules, 2024 (Ministry of Finance, Department of Expenditure, notification S.O. 1543(E) dated 22.03.2024) and the Government of India decisions, appendices and related orders printed in the official DFPR 2024 booklet.
1. Amounts kept under suspense heads for want of complete details for adjustment under the final head of account are booked under
(a) 43 Suspense
(b) 63 Inter Account Transfers
(c) 70 Deduct Recoveries
(d) 49 Other Revenue Expenditure
Ans. (a) 43 Suspense — Explanation: Object Head 43 Suspense includes amounts kept under suspense heads for want of complete details for adjustment under the final head of account. [Ref: Annexure-I, Sl. 55]
2. Depreciation charged on assets by commercial departments is booked under Object Head
(a) 61 Depreciation
(b) 62 Reserves
(c) 29 Repair and Maintenance
(d) 64 Writes Off of Losses
Ans. (a) 61 Depreciation — Explanation: Object Head 61 Depreciation includes depreciation charged on the assets by commercial departments. [Ref: Annexure-I, Sl. 56]
3. Provision of reserves is booked under Object Head
(a) 61 Depreciation
(b) 62 Reserves
(c) 43 Suspense
(d) 54 Investment
Ans. (b) 62 Reserves — Explanation: Object Head 62 Reserves includes the provision of reserves. [Ref: Annexure-I, Sl. 57]
4. Transfer of an amount from one head to another is done through Object Head
(a) 43 Suspense
(b) 70 Deduct Recoveries
(c) 69 Deduct Receipts
(d) 63 Inter Account Transfers
Ans. (d) 63 Inter Account Transfers — Explanation: Object Head 63 Inter Account Transfers is used for transfer of amount from one head to another. [Ref: Annexure-I, Sl. 58]
5. Write-off of irrecoverable loans and trading losses is booked under
(a) 64 Writes Off of Losses
(b) 70 Deduct Recoveries
(c) 61 Depreciation
(d) 44 Loss in Exchange
Ans. (a) 64 Writes Off of Losses — Explanation: Object Head 64 Writes Off of Losses includes write-off of irrecoverable loans and trading losses. [Ref: Annexure-I, Sl. 59]
6. Amounts paid from the receipt heads by adjusting as reduction in receipts are booked under
(a) 43 Suspense
(b) 63 Inter Account Transfers
(c) 70 Deduct Recoveries
(d) 69 Deduct Receipts
Ans. (d) 69 Deduct Receipts — Explanation: Object Head 69 Deduct Receipts includes amounts paid from the receipt heads by adjusting as reduction in receipts. [Ref: Annexure-I, Sl. 60]
7. Object Head 70 Deduct Recoveries is operated to
(a) Record suspense items
(b) Record depreciation
(c) Record receipts
(d) Adjust overpayments in reduction of expenditure
Ans. (d) Adjust overpayments in reduction of expenditure — Explanation: Object Head 70 Deduct Recoveries is operated to adjust overpayments in reduction of expenditure. [Ref: Annexure-I, Sl. 61]
8. Object Class VIII in Annexure-I is titled
(a) Financial Assets
(b) Misc. Revenue Expenditure
(c) Accounting Adjustments
(d) Non-Financial Assets
Ans. (c) Accounting Adjustments — Explanation: Object Class VIII – Accounting Adjustments includes Object Heads 43, 61, 62, 63, 64, 69 and 70. [Ref: Annexure-I]
9. How many Object Classes are there in Annexure-I?
(a) Six
(b) Seven
(c) Eight
(d) Ten
Ans. (c) Eight — Explanation: Annexure-I has eight Object Classes: I Compensation to Employees, II Social Security, III Goods and Services, IV Aid and Assistance, V Misc. Revenue, VI Non-Financial Assets, VII Financial Assets, VIII Accounting Adjustments. [Ref: Annexure-I]
10. As per the Note to Annexure-I, expenditure on improvement or upgradation of assets, including rehabilitation, overhaul and retrofitting, is booked under
(a) 27 Minor Civil and Electric Works
(b) 29 Repair and Maintenance
(c) Capital expenditure (Assets) against the relevant assets
(d) 49 Other Revenue Expenditure
Ans. (c) Capital expenditure (Assets) against the relevant assets — Explanation: The Note states that expenditure on improvement/upgradation of assets, including rehabilitation, overhaul and retrofitting, will be booked under the object head class Capital expenditure (Assets) against relevant assets. [Ref: Annexure-I, Note]
11. Lease charges for equipment whose ownership is transferable to Government are classified as
(a) 13 Office Expenses
(b) Capital expenditure under the relevant Object Heads
(c) 29 Repair and Maintenance
(d) 18 Rent for others
Ans. (b) Capital expenditure under the relevant Object Heads — Explanation: Object Head 18 and the Note to Annexure-I both provide that lease charges for equipment whose ownership is transferable to Government are classified as capital expenditure. [Ref: Annexure-I, Sl. 15 and Note]
12. Which of the following Object Head codes is correctly matched?
(a) 28 – Advertising and Publicity
(b) 26 – Professional Services
(c) 27 – Repair and Maintenance
(d) 26 – Advertising and Publicity
Ans. (d) 26 – Advertising and Publicity — Explanation: 26 is Advertising and Publicity, 27 Minor Civil and Electric Works, 28 Professional Services and 29 Repair and Maintenance. [Ref: Annexure-I]
13. The code of the Object Head "Grants for creation of Capital Assets" is
(a) 35
(b) 36
(c) 37
(d) 31
Ans. (a) 35 — Explanation: 31 is Grants-in-aid – General, 35 Grants for creation of Capital Assets, 36 Grants-in-aid – Salaries and 37 Aid Material and Equipment. [Ref: Annexure-I, Sl. 31]
14. Which of the following Object Heads belongs to the Capital Expenditure (Assets) category?
(a) 21 Materials and Supplies
(b) 13 Office Expenses
(c) 29 Repair and Maintenance
(d) 74 Furniture & Fixtures
Ans. (d) 74 Furniture & Fixtures — Explanation: 74 Furniture & Fixtures is in Object Class VI – Non-Financial Assets under Capital Expenditure. The others are revenue heads in Object Class III. [Ref: Annexure-I]
15. Object Head 60 "Other Capital Expenditure" includes
(a) All other capital expenditure which cannot be classified under any of the other capital object heads
(b) All revenue expenditure not classified elsewhere
(c) Only land purchases
(d) Suspense items
Ans. (a) All other capital expenditure which cannot be classified under any of the other capital object heads — Explanation: Object Head 60 includes all other capital expenditure which cannot be classified under any of the above capital object heads. [Ref: Annexure-I, Sl. 54]
16. Subscriptions made by the Government of a capital nature are booked under Object Head
(a) 13 Office Expenses
(b) 54 Investment
(c) 32 Contribution
(d) 57 Subscription
Ans. (d) 57 Subscription — Explanation: Object Head 57 Subscription includes subscriptions made by the Government of capital nature. [Ref: Annexure-I, Sl. 53]
17. Loans and advances given by the Government are booked under Object Head
(a) 54 Investment
(b) 55 Loans and Advances
(c) 56 Repayment of borrowings
(d) 33 Subsidies
Ans. (b) 55 Loans and Advances — Explanation: Object Head 55 Loans and Advances includes loans and advances given by the Government. [Ref: Annexure-I, Sl. 51]
18. Match the codes: 11, 12, 13 correspond respectively to
(a) Foreign Travel Expenses, Domestic Travel Expenses, Rent
(b) Office Expenses, Domestic Travel Expenses, Foreign Travel Expenses
(c) Domestic Travel Expenses, Office Expenses, Royalty
(d) Domestic Travel Expenses, Foreign Travel Expenses, Office Expenses
Ans. (d) Domestic Travel Expenses, Foreign Travel Expenses, Office Expenses — Explanation: Annexure-I lists 11 Domestic Travel Expenses, 12 Foreign Travel Expenses and 13 Office Expenses. [Ref: Annexure-I, Sl. 9–11]
19. The Object Head codes 69 and 70 relate to
(a) Depreciation and Reserves
(b) Suspense and Reserves
(c) Deduct Receipts and Deduct Recoveries
(d) Investment and Loans
Ans. (c) Deduct Receipts and Deduct Recoveries — Explanation: 69 is Deduct Receipts and 70 is Deduct Recoveries, both under Object Class VIII – Accounting Adjustments. [Ref: Annexure-I, Sl. 60–61]
20. A printer costing Rs. 45,000 purchased for an office would ordinarily be booked as revenue expenditure under
(a) 19 Digital Equipment
(b) 74 Furniture & Fixtures
(c) 71 ICT Equipment
(d) 52 Machinery and Equipment
Ans. (a) 19 Digital Equipment — Explanation: Hardware below the threshold of one lakh rupees is revenue expenditure under Object Head 19 Digital Equipment. ICT equipment above the threshold goes to Object Head 71. [Ref: Annexure-I, Sl. 16 and 40]
21. A photocopier costing Rs. 2.5 lakh would be booked under which capital Object Head?
(a) 13 Office Expenses
(b) 19 Digital Equipment
(c) 29 Repair and Maintenance
(d) 52 Machinery and Equipment
Ans. (d) 52 Machinery and Equipment — Explanation: Office equipment exceeding the threshold is classified as capital under 'Machinery and Equipment' (Object Head 52), as stated in the description of Object Head 13. [Ref: Annexure-I, Sl. 11 and 39]
22. Which of the following is booked under 29 Repair and Maintenance and not under 27 Minor Civil and Electric Works?
(a) ROM of diesel genset maintained by CPWD
(b) Minor electrical repairs of an office building
(c) Maintenance contract for office photocopiers
(d) Minor repairs of residential buildings maintained by CPWD
Ans. (c) Maintenance contract for office photocopiers — Explanation: Maintenance contracts for equipment fall under 29 Repair and Maintenance. Minor civil and electrical repairs of buildings and ROM of CPWD-maintained gensets fall under 27. [Ref: Annexure-I, Sl. 22 and 24]
23. Which Object Head covers "Travel expenses on official tours and transfers of Government employees within India"?
(a) 13
(b) 12
(c) 08
(d) 11
Ans. (d) 11 — Explanation: Object Head 11 Domestic Travel Expenses covers official tours and transfers within India. [Ref: Annexure-I, Sl. 9]
24. Accounting Adjustment heads such as Suspense, Deduct Receipts and Deduct Recoveries are shown in the NS/NIS matrix (Annexure B to the OM of 23.02.2024) as
(a) Requiring prior approval of Parliament
(b) Not Applicable
(c) Exempted
(d) All cases to be decided on merits
Ans. (b) Not Applicable — Explanation: In the Object Head-wise Matrix, 43 Suspense, 69 Deduct Receipts and 70 Deduct Recoveries are marked "Not Applicable – Accounting Adjustments head". [Ref: Appendix I, Annexure B]
25. The Object Head list in Annexure-I is appended with reference to which rule of DFPR 2024?
(a) Rule 12
(b) Rule 10
(c) Rule 3
(d) Rule 8
Ans. (d) Rule 8 — Explanation: Annexure-I bears the note "(See Rule 8)", as Rule 8 deals with primary units of appropriation. [Ref: Annexure-I; Rule 8(3)]
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