Treasury and Financial Rules Review Flashcards

A set of practice questions and answers regarding Treasury Rules, digital billing requirements, and government financial procedures.

Is a single bill permitted to combine charges that fall under two or more distinct Major Heads of accounts?

No. Instructions in the Treasury Rules require separate bills for separate major heads.

Can earnest money deposits made by intending tenderers of Civil Departments be partially refunded if a work is partially completed?

No. Earnest money deposits cannot be split and under no circumstances can a part payment of an earnest money deposit be made.

According to Rule 7(1), what must be done with money received by a department?

All money must be paid in full into the treasury without delay and cannot be used directly for departmental operational expenses or kept separate from the core accounts of the Government, unless there are explicitly authorized statutory exemptions.

What is the prohibited method for correcting recorded entries, and how should corrections be made?

Erasures and over-writings are strictly prohibited; corrections must be neatly drawn through and re-written in red ink with the dated initials of the head of office.

On what date do Digital Signatures become mandatory for signing bills in the Meghalaya e-Billing portal?

April 1, 2026.

What happens to a cash order issued upon a local Treasury that remains outstanding and un-cashed for more than three months?

It is held as lapsed and stopped, and its represented charges must be cancelled.

What is the requirement for Personal Deposit accounts created by a direct debit to the Consolidated Fund at the end of the financial year?

They must be closed at the end of each financial year by a minus debit to the relevant service head.

Does a Treasury Officer have generalized independent authority to honor any financial demands?

No. Operations are strictly limited to payments authorized directly by rule or special order, and the officer must decline any unauthorized demand.

Are physical signatures from Departmental or Treasury Officers required for system-generated e-challans?

No. System-generated e-challans are explicitly exempted from needing signatures.

Under Rule 138, if a cheque is posted at the express request of a payee, when is payment legally deemed to have been made?

On the date the cover containing the cheque is deposited into the post office.

Can pay, pension, or other public allowances be placed into a Revenue Deposit account because the payee is absent?

No. This practice is strictly prohibited under general limitations.