Hi friends, here is the MCQ on Schedule of Financial Powers of Divisional Head for IPO Exam. Schedule of Financial Powers of Divisional Head and Head of Circles are Part of syllabus of Inspector Posts Exam (IPO Exam) and Postal Service Group B Exam (PS Gr.B Exam). Many of the candidates face it difficult to attempt questions from this topic. To make your preparation easy and interesting we bring you the MCQ Quiz series on Schedule of Financial Powers.
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MCQ on Schedule of Financial Powers of Divisional Head
1. Financial Powers of the Head of Postal Division is contained in which Schedule?
(A)Schedule II
(B)Schedule III
(C)Schedule I
(D)Schedule V
Correct answer
(B)Schedule III
2. The financial powers of the Head of Postal Division for sanctioning non-recurring contingent expenditure, powers for which are not provided for specifically?
(A)Up to Rs.5,000/- in each case
(B)Up to Rs.50,000/- in each case
(C)Up to Rs.10,000/- in each case
(D)Up to Rs.5,000/- in a financial year
Correct answer
(A)Up to Rs.5,000/- in each case
3. The financial powers of the Head of Postal Division for Embedding of cash/mail chests, purchase of technical books/maps, painting of Letter boxes, Sign boards, notice boards etc.?
(A)Up to Rs.50,000/- in a financial year
(B)Up to Rs.50,000/- in each case
(C)Up to Rs.5,000/- in each case
(D)Up to Rs.5,000/- in a financial year
Correct answer
(C)Up to Rs.5,000/- in each case
4. The financial powers of the Head of Postal Division for Purchase of equipments and consumables connected with computers and other equipments?
(A)Up to Rs.50,000/- in a financial year
(B)Up to Rs.50,000/- in each case
(C)Up to Rs.5,000/- in each case
(D)Up to Rs.5,000/- in a financial year
Correct answer
(C)Up to Rs.5,000/- in each case
5. What is the overall annual ceiling for the Divisional Head for purchase of furniture and fittings for offices, including tiffin rooms, restrooms, holiday homes, inspection rooms/quarters etc. for the Division as a whole?
(A)Rs.One Lakh only
(B)Rs.Two Lakh only
(C)Rs.Five Lakh only
(D)Rs.50,000/-
Correct answer
(B)Rs.Two Lakh only
6. Which among the following regarding the financial powers of the Head of Postal Division for purchase furniture and fittings for offices, including tiffin rooms, restrooms, holiday homes, inspection rooms/quarters etc. is not true?
(A)Divisional Office Rs.30,000/- per annum per office
(B)Sub-Divisional OfficeRs.15,000/- per annum per office
(C)Gazetted HO-Rs. 75,000/- per annum per office
(D)None of the above
Correct answer
(D)None of the above
7. What is the financial powers of Head of a Postal Division to sanction Water, electricity and Gas charges?
(A)Full Powers
(B)Up to Rs.2,000/- in each case
(C)Up to Rs.500/- in each case
(D)Up to Rs.1,000/- per month in each case
Correct answer
(A)Full Powers
8. Consider the following with regard to financial power of Head of Postal Division for renting of buildings for office use without FRAC. i. A1 & A city-Up to Rs.5,000/-per month ii. B1 & B2 city-Up to Rs.4,000/- per month iii. Other cities-Up to Rs.3,000/- per month
(A)Statement i and ii only are correct
(B)Statement i and iii only are correct
(C)Statement ii and iii only are correct
(D)All the above statements are correct
Correct answer
(D)All the above statements are correct
9. What is the financial powers of fixed Stationary charges and fixed contingent allowance of Head of a Postal Division?
(A)Up to Rs.2,000/- in each case.
(B)Up to Rs.50,000/- per annum after obtaining Non-Availability Certificate from PSD concerned
(C)Full Powers in accordance with the scale/norms fixed by the department from time to time
(D)Up to Rs.1,000/- per month in each case
Correct answer
(C)Full Powers in accordance with the scale/norms fixed by the department from time to time
10. For which among the following, Head of a Postal Division has the financial power of up to Rs.2,000/- in each case?
(A)Replacing and repairing minor equipments & apparatus, telephone instruments, photocopiers, fax machines, franking machines etc
(B)Maintenance of gardens
(C)Legal charges, and obtaining copies of judgements
(D)Advertisement charges for calling tenders for mail contracts
Correct answer
(A)Replacing and repairing minor equipments & apparatus, telephone instruments, photocopiers, fax machines, franking machines etc
11. What is the financial power of Head of a Postal Division for maintenance of gardens?
(A)Full powers
(B)Up to Rs.1,000/- per month in each case
(C)Up to Rs.5,000/- per month in each case
(D)No such power delegated to Head of a Postal Division
Correct answer
(B)Up to Rs.1,000/- per month in each case
12. What is the financial power of Head of a Postal Division for advertisement charges for calling tenders for mail contracts, buildings etc, and advertisements of products, services and initiatives of the Department?
(A)Up to Rs.1,000/- per month in each case
(B)May incur an amount payable at the rate and scale fixed by the Govt. from time to time
(C)Up to Rs.5,000/- in each case through DAVP
(D)Up to Rs. 10000/- in a financial year
Correct answer
(C)Up to Rs.5,000/- in each case through DAVP
13. For which among the following, Head of a Postal Division has powers Up to Rs. 5000/- in each case? i. Hiring of accommodation for holding examinations and for other purposes e.g. holding customer meet etc ii. Hiring of generators, water/air coolers, heaters, air conditioner, other equipment like franking machines etc iii. Hot and cold weather charges
(A)Only i
(B)Only ii and iii
(C)Only i and ii
(D)All the above
Correct answer
(D)All the above
14. What is the financial power of Head of a Postal Division for emergent purchase of articles of stock & stationery not ordinarily available in the stock?
(A)Up to Rs.5,000/- in each case.
(B)Up to Rs.5,000/- in each case after obtaining Non-Availability Certificate from PSD concerned.
(C)Up to Rs.50,000/- per annum after obtaining Non-Availability Certificate from PSD concerned.
(D)Up to Rs.50,000/- per annum
Correct answer
(C)Up to Rs.50,000/- per annum after obtaining Non-Availability Certificate from PSD concerned.
15. Consider the following statements with regard to financial power of Head of a Postal Division. Statement 1 – May sanction petty works per annum per departmental building – Up to Rs. 10000/-, Statement 2 – May sanction annual or special repairs/maintenance expenses to Departmental buildings – per annum per building – Up to Rs.15,000/-
(A)Statement 1 only is true
(B)Statement 2 only is true
(C)Both Statements 1 and 2 are true
(D)Neither Statement 1 nor Statement 2 are true
Correct answer
(C)Both Statements 1 and 2 are true
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