Delegation of Financial Powers Rules, 2024 – 1,100 MCQs Ebook

Why this ebook?

The Delegation of Financial Powers Rules, 2024 replaced the 1978 rules from 1 April 2024, and questions on the new rules are now part of departmental exams. Who can re-appropriate funds, and up to what amount? Who can write off a loss, and when must a case go to the Finance Ministry? When does a scheme need the Cabinet's approval? This ebook drills every power and every limit until you know them cold.

What you get

• 1,100 multiple choice questions in 44 practice sets of 25
• The full DFPR 2024 booklet covered: Rules 1 to 21, the re-appropriation guidelines, the 61 object heads, general conditions, the three Appendices and related orders
• Answer, explanation and rule reference for every question
• Key topics in depth: contracts, re-appropriation, write-off of losses, waiver of overpayments, condemnation of vehicles, appraisal and approval of schemes, New Service and New Instrument of Service
• Quick-revision tables of key financial limits and approving authorities
• Mixed revision sets that compare limits and authorities side by side, as exams do
• Score tracker to record your progress, set by set

Try two questions from the ebook

1. Under DFPR 2024, up to what amount per individual may a Department, with the concurrence of its Financial Adviser, waive recovery of an overpayment?
(a) Rs. 50,000
(b) Rs. 1,00,000
(c) Rs. 2,00,000
(d) Rs. 5,00,000
Ans. (c) Rs. 2,00,000 — Explanation: A Department may waive recovery of overpayments up to Rs. 2,00,000 per individual with the concurrence of its Financial Adviser. Cases above this amount are referred to the Ministry of Finance. [Ref: Rule 15(2)]

2. Under the guidelines for appraisal and approval of schemes, who approves a scheme or project costing more than Rs. 1,000 crore?
(a) Secretary of the Department
(b) Minister-in-charge of the Department
(c) Minister-in-charge together with the Finance Minister
(d) The Cabinet or the Committee of the Cabinet
Ans. (d) The Cabinet or the Committee of the Cabinet — Explanation: Proposals above Rs. 1,000 crore are appraised by the EFC or PIB and approved by the Cabinet or the Committee of the Cabinet. The Minister and Finance Minister together approve proposals from above Rs. 500 crore up to Rs. 1,000 crore. [Ref: Appendix III, para 8]

Who is it for?

Candidates for AAO, JAO and SAS exams, LDCE and departmental promotion exams, and working professionals who use DFPR every day: DDOs, Pay and Accounts staff, finance and budget sections, and internal auditors.

How it works

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Questions buyers ask

Is it a printed book?
No. It is a PDF ebook, delivered instantly. You can print it for personal use.

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Also preparing for the Conduct Rules? See our CCS (Conduct) Rules, 1964 – 1,050 MCQs ebook.

By buying you agree to our Terms, Refund Policy and Delivery Policy. Based on the DFPR 2024 notified on 22 March 2024. This is not an official Government publication.