General financial Rules (GFR) 2017 MCQ GOVERNMENT GUARANTEES

GFR 2017 MCQ GOVERNMENT GUARANTEES The Article of the Constitution of India that provide power of the Union Government to give guarantees is(a) 292 (b) 293(c) 289 (d) 290 Answer Answer: A Powers to grant Government of India Guarantee, including those on external borrowings, vests with the(a) Budget Division, Department of Economic Affairs(b) Budget Division, … Read more

GFR 2017 MCQ CONTRACT MANAGEMENT

All contracts shall be made by an authority empowered to do so by or under the orders of the President in terms of(a) Article 299 (1) (b) Article 299 (2)(c) Article 301 (1) (d) Article 301 (2) Answer Answer: A The various classes of contracts and assurances of property, which may be executed by different … Read more

General Financial Rules 2017 Chapter 1: Introduction GFR 2017

General Financial Rules 2017 – Chapter 1: Introduction We have provided MCQ for GFR 2017 Chapter 1 ie. Introduction. General Financial Rules, 2017 came into force w.e.f(a) 01.01.2017 (b) 11.02.2017(c) 01.04.2017 (d) 15.06.2017 Answer Answer: B “Appropriation” means(a) the assignment, to meet specified expenditure, of funds included in a primary unit of appropriation(b) the assignment … Read more