Covers the foundational principles governing how Railway finances are accounted for and audited — including the constitutional basis (specific Articles requiring parliamentary authorization for expenditure), Canons of Financial Propriety, and what makes expenditure 'objectionable'.
Real Exam Fact
- A specific Article of the Constitution provides that no expenditure can be incurred except with authorization of the Legislature — this constitutional link to Parliamentary control is directly tested.
- Canons of Financial Propriety govern what counts as 'objectionable expenditure' — a real, specifically tested category of exam questions asking which items DON'T fall under it.
Content Status
Draft note, grounded in real official syllabus text found via research but not yet cross-checked against the primary RBE PDF directly. Treat as study-aid only until verified.