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INDIAN RAILWAY QUESTION BANK

PERSONAL

Advances

 

 

 

 

 

A.Objective:
1.______, ________ and __________ are called advances for conveyance.
2.Rules regarding Conveyance advances are contained in _______ chapter of the Indian Railway Establishment Manual.
3.Cycle advance is admissible to non-gazetted employees drawing Pay plus DP less than ____________.
4.The amount of cycle advance payable shall be ___ or ______ whichever is less.
5.The maximum instalments permissible for recovery of cycle advance are ______.
6.Cycle advance at II time is permissible after _________ years.
7.Scooter/Motor Cycle advance is admissible to Railway employees drawing Pay plus DP of Rs. ____________ or __________.
8.The amount of Scooter/Motor cycle advance payable shall be ________ or _________ or __________whichever is less on the first occasion.
9.Maximum instalments permissible for recovery of Scooter/Motor cycle advance are ________.
10.Second or subsequent Scooter/Motor Cycle advance is restricted to _________ or __________ or _________ whichever is less.
11.Second/subsequent Scooter/Motor Cycle advance is not permissible unless _____.
12.The Railway servant who has availed the advance of Scooter/Motor Cycle shall produce the registration certificate of vehicle on his own name with __________.
13.Rate of interest collected on Scooter/motor Cycle is ___________.
14.Motor Car advance is admissible to employees drawing Pay plus DP of Rs.___.
15.The amount of Motor Car advance payable shall be ________ or _________ whichever is less on the first occasion.
16.Maximum instalments permissible for recovery of Motor Car advance are _____.
17.Second or subsequent Motor car advance is restricted to _________ or __________ or _________ whichever is less.
18.Second or subsequent Motor car advance is permissible only after ______ years from the date of drawl of last advance.
19.Vehicle should be purchased within ________ from the date of drawl of advance.
20.Rate of interested collected on Motor Car advance is ___________.
21.Table fan advance is admissible to __________ staff only.
22.The table fan advance admissible is _________ or _________ whichever is least.
23.The maximum instalments permissible for recovery of fan advance is ___.
24.There is no provision of fan advance for second time (say true or false)
25.Warm Clothing advance is admissible to Group C & D staff posted to __ stations.
26.The staff posted to hill stations either on first appointment or on transfer for a period of not less than one year is entitled to ___________ advance.
27.The amount of warm clothing advance is Rs. __________.
28.The warm clothing advance is payable once in __________ years.
29.The warm clothing advance is recoverable in _________ instalments.
30.PC advance is admissible to staff drawing pay of Rs. __________ .
31.The maximum amount of PC advance admissible on first occasion is _________ or __________ whichever is less.
32.The amount of PC advance admissible on second or subsequent occasion is __________ or ____________ which ever is less.
33.Maximum number of instalments permissible for recovery of PC advance is ___.
34.Advance on transfer is admissible if the transfer is in _______ interest.
35.The interest recovered on transfer advance is __________.
36.The amount of transfer advance payable is _________.
37.The pay for the purpose of transfer advance is ____________.
38.The transfer advance is recoverable in _________________.
39.Transfer advance can be drawn at the old station or new station (say true or false)
40.The transfer advance is not admissible in mutual transfers (say true or false).
41.The advance of TA payable shall be _______________.
42.The advance of TA is adjusted through _____________.
43.The flood advance is recoverable in __________ instalments.
44.Flood advance is permissible on certification about floods by _______ authorities.
45.Festival advance is payable to staff drawing pay of RS. __________.
46.The amount of festival advance payable is Rs. ___________.
47.The festival advance is recovered in ________ instalments.
48.The interest recovered on festival advance is __________.
49.Festival advance is paid once in a _____________.
50.Temporary employees have to produce _____________ from permanent railway employees for drawl of Festival advance.
51.A temporary Railway servant is entitled for House Building advance after having put in __________ years of continuous service.
52.Motor Car advance to SAG officers can be sanctioned by _______________.
53.The amount of funeral advance payable to the families of Railway servants is ________ or ____________ whichever is less.
54.The funeral advance is recoverable in _________ instalment/s from __________.
55.Fan advance can be sanctioned to a Jr. Clerk. (say true or false)
B.Descriptive:
1. What are interest bearing advances? Explain the conditions of eligibility, maximum amount admissible and recovery of any four such types of advances.
2. What are interest free advances?Explain the conditions of eligibility, maximum amount admissible and recovery of any four such types of advances.
3. A Railway servant was sanctioned an advance of Rs. 70,000/- which was paid in two equal instalments on 26th June, 1999 and 29th July, 1998. The advance was to be repaid in 100 instalments of Rs. 700/- each. The rate of interest chargeable on the advance is 9% p.a. Recovery of the principle amount commenced from the pay of October, 1998.Calculate the amount payable by the Railway servant if he wishes to repay the advance with interest on29th April, 2000.
4.Calculate the interest payable on an amount of Rs. 3,80,000/- sanctioned to Mr. A towards House Building Advance @ 12% p.a. If the amount is drawn in two instalments each of Rs. 1,90,000/- on 31.3.2001 and on 01.08.2001 and a recovery of Rs. 3,600/- p.m., commenced from November, 2001 and cleared in 105 equal instalments and the balance in 106th instalment. What shall be the interest payable, if Mr. A adopted small family norms and is very prompt in repayment of the advance, insuring the house and submitting the necessary documents/declarations in time.
5.Mr. X was sanctioned Rs. 30,000/- towards Scooter advance in March, 2002 opted for recovery of the advance in 60 equal monthly instalments. The scooter was purchased in April, 2002 and recovery commenced in April, 2002. During 2003, Mr. X was on EOL and the recovery could not be effected for the period from January, 2003 to October, 2003 and there after the recovery continued as usual till the entire amount of advance is repaid. If the interest rate applicable is 11% p.a., calculate the interest payable.