Project Budgeting, Mgmt, Evaluation, Control Flashcards
The budget in BSNL is compiled under Two categories:
Revenue Budget (Operating Expenditure)
Capital Budget (Capital Expenditure)
Subscriber Installation comes under
1) Revenue Budget (Operating Expenditure)
2) Capital Budget (Capital Expenditure)
Capital Budget (Capital Expenditure)
Pension/Leave Salary Contribution comes under
1) Revenue Budget (Operating Expenditure)
2) Capital Budget (Capital Expenditure)
Revenue Budget (Operating Expenditure)
The capital works programme containing proposals for budgeting of the capital works to be
submitted to Corporate Office, during ________ in the forms ‘A’,’B’ and ‘C’
1) February
2) March
3) April
4) September
February
The capital works programme should be thoroughly scrutinized before submission to the
corporate Office by
1) the planning branch
2) the IFA of the circle office.
both
RE/BE Statements in respect of Capital works is to be submitted to Corporate Office, BSNL in forms ‘A’
to ‘H’ during ______.
1) February
2) March
3) April
4) September
September
That if any time it becomes apparent that there is likely to be a surplus under any head, then the amount of the probable excess
1) must be promptly surrendered
2) may be adjusted for other works
must be promptly surrendered
In case of urgency, expenditure for Non-Budgeted works can be had with the approval of the competent authority
True
Works not provided for in the sanctioned budget are termed as “Non-Budgeted works.
In some cases funds are demanded in BE/RE/FG. This stands for
Budget Estimate/ Revised Estimate/ Final
Grant
It has been decided that as soon as the expenditure on a project reaches the level of ___%
of the sanctioned cost, a review should be under taken to examine if the project can be completed
within the sanctioned cost
1) 75%
2) 80%
3) 85%
4) 90%
75%
If it is anticipated that the cost is likely to go beyond 10% of the sanctioned estimate, immediate action should be taken to prepare a revised project estimate and have it sanctioned well in advance
If it is anticipated that the cost is likely to go beyond __% of the sanctioned estimate, immediate action should be taken to prepare a revised project estimate and have it sanctioned well in advance
1) 5%
2) 10%
3) 15%
4) 20%
10%
(review of expenditure done when reached 75%)
The Revenue receipts and Working Expenses are forecasted and worked out and RE/BE
statements are compiled in Annexure-A, B and C.
They stand for
Annexure-A (Working Expenses)
Annexure-B (Revenue Receipts)
Annexure-C (Establishment Expenditure)
Proposals for creation of new posts are also taken into account for estimation of salary expenditure
1) Annexure-A (Working Expenses)
2) Annexure-B (Revenue Receipts)
3) Annexure-C (Establishment Expenditure)
AnnexurlC (Establishment Expenditure)
In preparing this statement of new items of expenditure should be made in respect of increase which is of
1) a permanent nature
2) seasonal or temporary.
both of them. These should be grouped separately
The Cash requirement of each SSA and Circle HQ are forecasted once in __ days against Capital and Working Expenditure with reference to proportionate Budget Allotment.
1) 10 days
2) 15 days
3) 20 days
4) 30 days
15 days
___________ cash flow statement of Collection Accounts is prepared & sent by SSA to Circle Office.
1) monthly
2) quarterly
3) half-yearly
Monthly
Also Circle Cash flow statement of Collection Accounts is prepared by Circle & sent to Corporate Office.
Allotment of funds under Capital works:
Submission of RE/BE proposals under Capital outlay from Circles/Units to corporate Office is dispensed with
BBF Division shall arrange allotment of funds to the circles under Capital outlay service-wise/component-wise in lump-sum for all Projects irrespective of area
Compilation of Capital works Programme:
for works costing Rs.20 crores and above
instead of Rs.5 crores and above
The details are to be submitted to BBF Division of Corporate office by the respective circles every year in the prescribed format
Budgetary control: BBF Division will furnish details of expenditure (as obtained from Corporate Accounts Branch) to the concerned Circles and respective Planning branches of Corporate office, on quarterly basis
The circles need not send variation statements at the close of the financial year to corporate office. The variation statements will have to be reviewed by the respective circle.
funds requisitions: All these cases should be
received in BFC&I branch through ERP-FICO branch of CO BSNL with recommendation.
True
All remarks/justification must be mentioned on requisition proforma itself and there is no need of separate covering letter for requisition
BFC&I: Budget, Finance, Control and Investment
There should not be any case of cash remaining idle in the operational account.
funds should be requisitioned for the actual requirement
Capex fund requisition via ERP
1) requisition to reach CO before 15th of every month
2) fund shall be released once in a month
3) use document number instead of date of passing bills
all of them
BFC&I division stands for
Budget, Finance, Control and Investment
The Board has also approved that the Operational Areas (OA) functioning under the BA head may be
sub-delegated financial power by the BA head in consultation with the IFA of Business Area.
Accordingly no separate sub-delegation is proposed to Operational Area offices from BSNL H.Q.
The powers, if sub-delegated to subordinate officers will also be exercised with the concurrence of an appropriate level of Accounts & Finance officer decided by the Circle IFA.
