Hi friends, here is the Schedule of Financial Powers of Chief PMG/PMG: Objective Questions. In the last post we have shared MCQ Questions on Schedule of Financial Powers of Head of Postal Divisions. Many of you have repeatedly requested for MCQ on Financial Powers of Head of Circle and Head of Department. Here we bring you the same. This is a very Important topic in Paper 2 of IPO Examination.
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Schedule of Financial Powers of Chief PMG/PMG: Objective Questions
1. What is financial power of Head of Circle for Ad-hoc Payment of arrears of Pay and Allowances?
(A)Rs.10,000/-
(B)Rs.20,000/-
(C)Rs.50,000/-
(D)Rs.5,000/-
Correct answer
(A)Rs.10,000/-
2. What is financial power of Head of Circle for Payment of Pay and Allowances claimed on behalf of deceased?
(A)Rs.1 Lakh
(B)Rs.50,000/-
(C)Rs.25,000/-
(D)Full Powers
Correct answer
(D)Full Powers
3. What is the financial limit of the Head of Circle for sanctioning Honorariurn per individual per annum?
(A)Rs.6,000/-
(B)Rs.5,000/-
(C)Rs.4,000/-
(D)Rs.2,000/-
Correct answer
(C)Rs.4,000/-
4. What is financial power of Head of Circle for Cash award to Postal Employees in anyone case for display of exceptional courage and devotion to duty in saving or Protecting Govt.Property in Civil Disturbances or in face of enemy action?
(A)Rs.4,000/-
(B)Rs.5,000/-
(C)Rs.6,000/-
(D)Rs.10,000/-
Correct answer
(B)Rs.5,000/-
5. In any one case to ED Agents for display of Outstanding coverage and devotion to duty in protecting Government property during Civil disturbances or in the face of enemy action, the financial power of HoC is?
(A)Rs.1,000/-
(B)Rs.2,000/-
(C)Rs.5,000/-
(D)Rs.500/-
Correct answer
(B)Rs.2,000/-
6. Financial power of HoC for rewards to persons not in Government Service (individual case) is?
(A)Rs.5000/-
(B)Rs.3,000/-
(C)Rs.2,000/-
(D)Rs.1,000/-
Correct answer
(D)Rs.1,000/-
7. Which among the following financial powers are Delegated to Head of Circle Only? i. Cash award to Postal Employees for exceptional courage ii. Rewards to persons not in Government Service iii.
(A)Only i
(B)Only ii
(C)Both i and ii
(D)None of these
Correct answer
(C)Both i and ii
8. For which among the following Advances, the Head of Circle has full powers. i. Permanent Advance ii. Personal Computer Advance iii. House Building Advance
(A)Only iii
(B)Only i and ii
(C)Only ii and iii
(D)All the above
Correct answer
(D)All the above
9. Which among the following advances have been revoked by the 7th CPC? i. Motor Car Advance ii. Motorcycle /Scooter/Moped advance
(A)Only i
(B)Only ii
(C)Both i and ii
(D)None of the above
Correct answer
(C)Both i and ii
10. Financial power of HoC for Advance Payment to the University or Educational Authorities for conducting recruitment Examination?
(A)Full Powers
(B)Rs.1 Lakh for each instance
(C)Rs.5 Lakh for each instance
(D)Rs.20,000/- for each instance
Correct answer
(A)Full Powers
11. For advance for supply of Stores, Head of the Circle has the financial power of?
(A)90% of total value of supply
(B)Rs.one Lakh
(C)A or B whichever is less
(D)None of the above
Correct answer
(C)A or B whichever is less
12. Which among the following is/are correct with regard to financial powers of CPMG/PMG regarding hiring of Vehicles in lieu of Inspection Vehicles & Staff Cars? i. Chief PMG – Rs.60,000/- per month in each case ii. Regional PMG – Rs.50,000/- per month in each case
(A)Only i is correct
(B)Only ii is correct
(C)Both i and ii are correct
(D)None of the above are correct
Correct answer
(C)Both i and ii are correct
13. What is the financial power of CPMG/PMG for fixed stationery charges for any post office and for the office of the Superintendent of Post Offices within the maximum admissible?
(A)Rs.5 lakhs in a financial year
(B)Rs.10,000/- in each case
(C)No such powers delegated to PMG/CPMG
(D)Full Powers as authorized by the Directorate from time to time.
Correct answer
(D)Full Powers as authorized by the Directorate from time to time.
14. Which among the following regarding the financial power of Head of Circle for Renting of accommodation for Administrative and Operative Offices including P&T Dispensary, PSD, CSD, Inspection Room/rest houses is correct?
(A)A-I cities – Rs.1,00,000/- per month
(B)A class cities – Rs,50,000/- per month
(C)B-I cities – Rs.40,000/- per month
(D)All the above are correct
Correct answer
(D)All the above are correct
15. For provision of escorts for conveyance of Cash what is the financial power of CPMG/PMG?
(A)Rs.1 lakh per month
(B)Rs.20,000/- per day
(C)Full powers subject to such conditions as may be prescribed by the Director General
(D)Financial power not delegated to PMG/CPMG
Correct answer
(C)Full powers subject to such conditions as may be prescribed by the Director General
Useful MCQ Questions link
What is financial power of Head of Circle for Cash award to Postal Employees in anyone case for display of exceptional courage and devotion to duty in saving or Protecting Govt.Property in Civil Disturbances or in face of enemy action?
Revised to 10k??