Hi friends, here is the FHB Volume I 2022 Edition MCQ Questions. FHB Volume I 2021-22 edition is a very important topic for the upcoming Assistant Accounts Officer (AAO) Exam. Earlier we have covered the MCQ Quiz on FHB Volume I older version useful for IPO and PS Group ‘B’ Exam. Now we will be covering the full MCQ from this updated edition as well.
Attempt these very Important MCQ for P&T Financial Handbook Volume I 2021-22 edition and share your feedback.
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Check Full MCQ Questions on FHB Volume 1
FHB Volume I 2022 Edition MCQ Questions
1. In the case of Post Offices, cash receipts may be used by Postmasters, under departmental regulations, for departmental purposes, only the surplus collections being remitted by the Postmasters to the?
Accounts Office
Postal Accounts Office
Bank or Treasury
Reserve Bank of India
Correct answer
Bank or Treasury
2. Under Article of the Constitution, all moneys received by or deposited with any Officer, employed in connection with any affairs of the Union in his capacity as such, other than Revenues or public money raised or received by Government shall be paid into the Public Account?
Article 144
Article 284
Article 234
Article 256
Correct answer
Article 284
3. Which among the following is the account maintained of moneys which have passed into the custody of Government?
Public Account
Private Account
Government Account
Authorized Account
Correct answer
Public Account
4. Government servant supplied with funds shall be held responsible for seeing that payments are directly made into the Bank Accounts including POSB to the persons entitled to receive them, and in cases, in which the acquittances of the actual payees are not sent for audit, he should be personally responsible for proper disbursement. This is stated in which Rule of FHB Volume I?
Rule 7
Rule 45
Rule 21
Rule 5
Correct answer
Rule 7
5. Head of an Office where money is received on behalf of the Government must give the payer a receipt/e-receipt duly signed by him after he has satisfied himself before signing the receipt that the amount has been properly entered in the Cash Book. Unless otherwise provided, the receipt should be granted in?
eACG.-61
eACG.-17
eACG.-67
eACG.-58
Correct answer
eACG.-67
6. Which among the following statements with regard to Postal FHB Volume I is correct? i. Manual use of ACG 67 upon introduction of technology and digitisation of working of the Department has been discontinued. ii. Only digital ACG 67 (system driven) is in use for present. iii. It is ordinarily the duty of the Departmental Officers and not of the Accounts Officer, to see that the dues of the Department are regularly collected and brought to account
Statement i only is correct
Statement ii only is correct
Statement i and ii only are correct
All the above statements are correct
Correct answer
All the above statements are correct
7. As per FHB Volume I, Moneys may not be withdrawn from the Public Account without the written permission of the?
Disbursing Officer
Accounts Officer
Either A or B
None of the above
Correct answer
Either A or B
8. Which among the following is correct as per provisions contained in Postal FHB Volume I?
A Disbursing Officer has no authority to act under an order of Government sanctioning a payment, unless it is an express order to him to make the payment, and even such special orders should, in the absence of urgency, be sent through the Accounts Officer
This rule does not authorize the Disbursing Officer to refuse payment of bills which do not comply with the provision of certain rules of Financial Hand-book
A Disbursing Officer has no authority to make a payment on a bill or voucher not presented in the prescribed form
All the above are correct
Correct answer
All the above are correct
9. When bills presented for payment contain obvious inaccuracies or arithmetical mistakes, which can be corrected, a Disbursing Officer __
need to return such bills for correction
must withhold such bills
should refer the matter to the Head of Office and act as per his direction
need not return such bills but may correct them and pay the corrected amount of the bills
Correct answer
need not return such bills but may correct them and pay the corrected amount of the bills
10. When bills contain doubtful items which can easily be eliminated, the Disbursing Officer?
should not pay the full bill
should disallow the doubtful items and pay the remainder of the bill
Either A or B
None of the above
Correct answer
should disallow the doubtful items and pay the remainder of the bill
11. Who among the following is responsible to supply disbursing offices under his jurisdiction with a copy of the specimen signature of all Gazetted Officers serving under him who are authorized to sign payment orders on bills and vouchers or to issue letters of authority for payments to be made at such disbursing offices?
Head of the Office
Head of the Department
Accounts Officer
None of the above
Correct answer
Accounts Officer
12. A _______ is a statement of claims against the Government containing specification of the nature and amount of the claim either in gross or by items and includes such a statement presented in the form of a simple receipt?
bill
voucher
stamp
All the above
Correct answer
bill
13. No claims against the Government, other than those by one department against another or by a state Government, not preferred within ______ years of their becoming due can be presented without an authority from Circle Accounts Officer?
one
two
three
five
Correct answer
two
14. No authority from the Accounts Officer is necessary in the case of delayed payment of? i. works charges ii. bills of air carrier
only i
only ii
Both i and ii
None of the above
Correct answer
Both i and ii
15. The bills for claims more than ________-year-old shall be subjected to pre-audit by the Circle Account Officer as required under rules, even if the net amount payable after adjustment of advance dues, etc. is nil?
three years
two years
one year
five years
Correct answer
two years
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