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Annexure-2
Plan of Written Examination for the Post of
Inspector Audit
1. The Exam will be conducted in MCQ (Multiple Choice Questions) format.
OMR sheet will be used for answering the questions.
2. The Exam would be of 2 hours duration.
3. The Exam will consist of two parts (Part A and Part B) as follows:-
Marks (Each
No. of
Part Topic Question Type of Questions
Questions
carries 1 mark)
General Knowledge
and Current Affairs,
Punjab History and
Culture, Logical MCQs (Multiple
A 40 40
Reasoning and Choice Questions)
Mental ability,
Punjabi, English,
ICT.
Questions from the MCQs (Multiple
B 80 80
Subject Syllabus Choice Questions)
Total 120 120
4. There will be negative marking. Each question carries 1 mark. For
every wrong answer, 1/4th mark i.e. 0.25 mark would be
deducted. The question(s) not attempted will receive no credit or
discredit.
5. The distribution of marks/questions in each section is indicative. It
may vary slightly.
6. Tentative/Indicative syllabus (which may vary to some extent) for
the written examination is annexed as under:
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Part A
Sr. Indicative Contents of Syllabus Weightage
No. (Approx.)
General Knowledge and Current affairs of National and International
importance including:
(i) Polity issues,
(ii) Environment issues,
(iii) Current Affairs,
(iv) Science and Technology,
1. 10
(v) Economic issues,
(vi) History of India with special reference to Indian freedom struggle
movement.
(vii) Sports,
(viii) Cinema and Literature.
(ix) Geography
Punjab History and Culture:-
Physical features of Punjab and its ancient history. Social, religious and
economic life in Punjab. Development of Language & literature and Arts in
2. 5
Punjab, Social and culture of Punjab during Afgan/Mughal Rule, Bhakti
Movement, Sufism, Teachings/History of Sikh Gurus and Saints in Punjab.
Adi Granth, Sikh Rulers, Freedom movements of Punjab.
Logical Reasoning & Mental Ability:
(i) Logical reasoning, analytical and mental ability.(05 Marks)
3. (ii) Basic numerical skills, numbers, magnitudes, percentage, numerical 10
relation appreciation. (03 Marks)
(iii) Data analysis, Graphic presentation charts, tables, spreadsheets. (02
Marks)
ਪੰ ਜਾਬੀ:-
ਸ਼ੁੱ ਧ-ਅਸ਼ੁੱ ਧ, ਸ਼ਬਦਜੋੜ, ਅਗੇਤਰ ਅਤੇ ਿਪਛੇਤਰ, ਸਮਾਨਾਰਥਕ/ਿਵਰੋਧੀਸ਼ਬਦ, ਨ ਵ, ਪੜਨ ਵ
4. 5
ਅਤੇ ਿਕਿਰਆ ਦੀਆਂ ਿਕਸਮ ਤੇ ਸਹੀ ਵਰਤ, ਿਲੰਗ ਅਤੇ ਵਚਨ, ਪੰ ਜਾਬੀ ਅਖਾਣ ਤੇ ਮੁਹਾਵਰੇ,
ਅੰ ਗਰੇਜੀ ਤ ਪੰ ਜਾਬੀ ਅਨੁ ਵਾਦ ਅਤੇ ਬਹੁਤੇ ਸ਼ਬਦ ਦੀ ਥ ਇੱਕ ਸ਼ਬਦ ਆਿਦ।
English:-
Basic Grammar, Subject and Verb, Adjectives and Adverbs, Synonyms,
Antonyms, One Word Substitution, Fill in the Blanks, Correction in
5. 5
Sentences, Idioms and their meanings, Spell Checks, Adjectives, Articles,
Prepositions, Direct and Indirect Speech, Active and Passive Voice,
Correction in Sentences, etc.
ICT:-
6. Basics of computers, Network & Internet, Use of office productivity tools 5
Word, Excel, Spreadsheet & PowerPoint.
Maximum Marks 40
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Part B
(Subject Syllabus)
Financial Accounting :-
Meaning, Scope and Importance, Branches of Accounting,
Accounting Concepts and Conventions, Double Entry System, Preparation of
Journal, Subsidiary Books including Cash Book.
Ledger, Trial Balance, Preparation of Final Accounts of Sole Traders and
Partnership Firm. Distinction between Capital and Revenue items, Depreciation
Methods and Accounting including AS-6. Bank Reconciliation Statement.
Accounts relating to Partnership: Admission, Retirement and Death of a
Partner, Dissolution of Partnership, Amalgamation of Firms, Sale of Firm to a
Company, Gradual Realisation of Assets and Piece Meal Distribution.
Consignment Accounts: Accounting treatment including journal and ledger in
the books of consignor and consignee.
Joint Venture: Methods of maintaining Joint Venture Accounts.
E-Accounting: Meaning, Features, Advantages and Disadvantages of
Computerized Accounting, Financial Accounting Package - Tally. ERP 9.0:
Introduction , Phases of implementation, Configuring Tally, Accounts
Management with TALLY.ERP 9.0 Package: Accounts Masters including
creating and altering vouchers, Accounts transactions and preparing Trial
Balance and Final Accounts.
Corporate Accounting as per the Companies Act, 2013: Issue, forfeiture and
reissue of shares; Redemption of preference shares; Issue and redemption of
debentures; Issue of bonus shares and right shares; Underwriting of shares and
debentures; Accounts of underwriters. Final Accounts of companies including
computation of managerial remuneration and disposal of profit; Profit prior to
and after incorporation; Consolidated Statements of holding companies with
one subsidiary only. Amalgamation, absorption, merger and reconstruction,
Accounting for amalgamation of companies as per Indian Accounting Standard
14; Accounting for internal reconstruction; Liquidation Accounts. Management
Accounting Management Accounting : Meaning, Definition, Nature,
Objectives, Scope and Functions of Management Accounting, Management
Accounting and Financial Accounting, Management and Cost Accounting; Role
of Management Accounting in decision making; Management Accounting
Tools; Advantages and Limitations of Management Accounting. Financial
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Statements: Concept, Nature, Objectives of Financial Statements, Types of
Financial Statements; Limitations of Financial Statements; Analysis and
Interpretation of Financial Statements: Techniques of Financial Statements
Analysis; Comparative Statements, Common size statements, and Trend
analysis. Ratio analysis : Meaning and significance of Ratio analysis,
Classification and interpretation of Ratios- Liquidity ratios, Turnover ratios, ,
Solvency ratios and Profitability ratios; Advantages and Limitations of
Accounting Ratios. Fund Flow Analysis : Concept of Funds, Sources and Uses
of Funds, Managerial uses of Funds Flow Analysis, Statement of Changes in
working Capital, Funds Flow Statement. Cash Flow Analysis : Indian
Accounting Standard – 3, Cash Flow Statement.
Cost Accounting :-
Meaning, Objectives, Advantages and Limitations of Cost Accounting,
Importance of Cost Accounting to Business Concern. Cost concepts and
classification; Preparation of cost sheet.
Accounting for Material : Concept, objectives and techniques of Material
Control, Accounting and Control of Purchase, Storage and Issue of Materials;
Methods of pricing material issues; Treatment of Material Losses. Accounting
for Labour : Labour cost control procedure; Labour turnover; Idle time and
overtime; Methods of wage payment; Time and piece rates; Essentials of a good
wage plan, Incentive schemes: Taylor’s differential piece rate system, Halsey
plan, Rowan Plan; Fringe benefits. Accounting for Overheads: Meaning,
Classification of Overheads: Element-wise, Functional and Behavioral;
Allocation and Apportionment of overheads; Absorption of overheads;
Determination of overhead rates; Under and over absorption and its treatment;
Treatment of special items of overheads like interest, depreciation, packing
expenses, carriage expenses, machinery erection, tools, R&D, advertisement etc
. CVP Analysis: Introduction, Assumptions and Uses; Break-Even Analysis:
BreakEven Point, Margin of Safety and Maintaining a desired level of profit;
Graphical presentation of CVP Relationship.
Marginal Costing and Management Decisions - Marginal Costing vis-à-vis
Absorption Costing; Marginal as a tool for decision making; Marginal Costing
Techniques; Marginal Cost and Product Pricing; Change of Product Mix; Make
or Buy Decisions; Exploring new markets; Shut Down Decisions. Budgeting
for Profit Planning and Control: Meaning of Budget and Budgetary control;
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Objectives; Merits and Limitations; Types of Budgets; Preparation of
Functional Budgets; Fixed and Flexible Budgeting; Control ratios; Zero Base
Budgeting; Performance Budgeting; Responsibility Accounting. Standard
Costing and Variance Analysis: Meaning of Standard Cost and Standard
Costing; Advantages and Application; Variance analysis: Material, Labour and
Overhead Variances (two-way analysis).
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