Hello Diploma Students in this article we have provided 22601 Contracts and Accounts Mcq Questions and Answers pdf. In this Contracts and Accounts Mcq Question Paper We have Selected 35 Important Questions from Previous Year Papers and Made A possible Set pf Questions which can Help Students in Preparation for Their Exams.

This Mcq on Contracts and Accounts Is Ideal for Candidates who are in 3rd Year of Diploma in Civil Engineering By Referring this Contracts and Accounts Mcq Diploma in Civil Engineering Students Can Practice for their Upcoming Exams. We Have Also Provided Msbte Contract and Account Mcq with Answers pdf Link at the end of the Quiz You can Download it for Future Refrence.

22601 Contract and Account Mcq with Answers

1) In government the construction, activities carried out by

2) The actual amount incurred in producing a commodity is called
a) Contractor
b) PWD
c) Site engineer
d) None of the above

Correct!

Wrong!

2) The actual amount incurred in producing a commodity is called
a) Cost
b) Price
c) Value
d) None of the above

Correct!

Wrong!

3) PWD stands for
a) Private Work Department
b) Public Work Department
c) Personal Work Department
d) None of the above

Correct!

Wrong!

4) B2 contract form is for
a) piece work % rate
b) Piece work item rate
c) Percent rate tender for contract
d) For supply of material

Correct!

Wrong!

5) Under which circle of a superintending engineer, executive engineer works
a) 4
b) 3
c) 2
d) 1

Correct!

Wrong!

6) The cost of a unit quantity of work is known by
a) Contractor
b) Owner
c) Specification
d) None of the above

Correct!

Wrong!

10) means a person which makes an agreement for execution of work , supply of the material
a) Site engineer
b) Contractor
c) Manager
d) None of the above

Correct!

Wrong!

11) Objects of contract
a) To execute work by experienced person
b) To do work as per specification
c) To use latest machinery and equipment
d) All of above

Correct!

Wrong!

12) Different branches of PWD are:
a) Irrigation department
b) Public health department
c) Electricity department
d) All of above

Correct!

Wrong!

13) How many circles of Superintending engineers work under the chief engineer?
a) 3
b) 4
c) 2
d) 6

Correct!

Wrong!

14) What is requirement for valid contract
a) Attested by witness
b) Subject matter
c) Contract in writing
d) All of the above

Correct!

Wrong!

15) What are the types of engineering contracts?
a) Lump sum contract
b) Demolition contract
c) Target contract
d) All of above

Correct!

Wrong!

16) …….is the administrative head of the department

 
a) Site engineer
b) Junior engineer
c) Chief engineer
d) Superintending engineer

Correct!

Wrong!

17) Lump sum contractor suitable for?
a) Work executed by government
b) When number of items are limited
c) Emergency work
d) None of the above

Correct!

Wrong!

18) Schedule B consist
a) Approximate estimate quantity
b) Rate per unit
c) The amount of each item
d) All of above

Correct!

Wrong!

19) Schedule A showing
a) Details of materials supplied to contractor by PWD
b) Description of items
c) Both a & b
c) None of the above

Correct!

Wrong!

20) A2 contract form is for
a) piece work % rate
b) Piece work Item rate
c) Percent rate tender for contract
d) For supply of material

Correct!

Wrong!

21) Form no 23 known as
a) Indent
b) Invoice
c) Measurement book
d) Bills

Correct!

Wrong!

22) Measurement book is responsible for measurement of
a) Construction work done
b) Work done by labour
c) Amount claim for work
d) None of the above

Correct!

Wrong!

23) why valuation is required?
a) For fixation of insurance premium
b) To determine the rent of the property
c) To obtain loans against security of property
d) All of these

Correct!

Wrong!

24) Which of the following form is used for payment of measured works or supplies
a) Final bill
b) Running account bill B
c) Final bill B
d) None of the above

Correct!

Wrong!

25) B1 contract form is for
a) piece work % rate
b) Piece work Item rate
c) Percent rate tender for contract
d) For supply of material

Correct!

Wrong!

26) White running account bill B is used for
a) Single payment
b) Advance payment
c) Secure advance payment
d) None of the above

Correct!

Wrong!

27) Specifications indicates
a) Quantity of material
b) Workmanship of item
c) Both a & b
d) None of the above

Correct!

Wrong!

28) When there is no advance outstanding against the contractor and intermediate payment is to be made then which form is to be used?
a) Yellow final bill C
b) While running account bill C
c) Final bill
d) None of the above

Correct!

Wrong!

29) Tender paper without specification is considered as
a) Incomplete
b) Invalid
c) Both a & b
d) None of the above

Correct!

Wrong!

30) The cost of commodity plus profit of contractor is called as
a) Cost
b) Price
c) Value
d) None of the above

Correct!

Wrong!

State whether the following statements are True or False

 

31) Assistant executive engineer works under executive engineer

a) True
b) False

Correct!

Wrong!

32) The amount of compensation is determined before the valuation
a) True
b) False

Correct!

Wrong!

33) Contractor is only paid according to specifications
a) True
b) False

Correct!

Wrong!

34) In lump sum contract total cost of project is known before completion of work
a) True
b) False

Correct!

Wrong!

35) Each agreement is not necessarily a contract
a) True
b) False

Correct!

Wrong!

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