If a Principal has an imprest of ₹10,000 and spends ₹3,000 on authorised official expenses, the amount generally require...

Type: MCQ • Marks: 1

If a Principal has an imprest of ₹10,000 and spends ₹3,000 on authorised official expenses, the amount generally required for recoupment is:

A. 3000

B. 7000

C. 10000

D. 13000

Explanation

Recoupment restores the cash balance from ₹7,000 back to the sanctioned imprest of ₹10,000.

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UPSC Principal & Vice Principal Management Finance Administration

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