Loans and Advances

An advance given to an employee for an authorised official purpose remains unsettled for an unusually long period The pr...

Type: MCQ • Marks: 1
An advance given to an employee for an authorised official purpose remains unsettled for an unusually long period The proper response is:
Options
A. Automatically convert it into salary
B. Ignore it
C. Monitor and obtain adjustment/recovery as prescribed
D. Destroy the advance voucher
Explanation
Outstanding advances must not remain indefinitely unsettled.
Want to attempt the full test series with a timer and instant score? Purchase the package to unlock the complete test. Purchase Now
UPSC Principal & Vice Principal Management Finance Administration

Practice more

This page is indexed for search so students can find questions directly from Google.

Purchase Full Access View full Test Series Browse Test Series
Login / Register
Chat on WhatsApp Go Back Top