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Category: PERA Chapter 17

In addition to Auditor General, audit may also be conducted by:

A. Private firm only
B. Internal auditor
C. Qualified auditor or audit agency
D. Board committee
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  • Submitted by: GK with Azeem

For the purposes of the Act, which fund is established?

A. Punjab Regulatory Fund
B. Punjab Enforcement Fund
C. Punjab Enforcement and Regulatory Authority Fund
D. Provincial Enforcement Fund
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  • Submitted by: GK with Azeem

The Authority shall submit its annual performance report within:

A. One month
B. Six months
C. Three months
D. Ninety days
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  • Submitted by: GK with Azeem

The Punjab Enforcement and Regulatory Authority Fund shall vest in and be controlled by:

A. Government
B. Finance Department
C. Authority
D. Auditor General
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  • Submitted by: GK with Azeem

The Government shall lay the annual report before the Provincial Assembly within:

A. Thirty days
B. Forty-five days
C. Ninety days
D. One year
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  • Submitted by: GK with Azeem

Which of the following is a source of the Authority Fund?

A. Court fines
B. Foreign grants
C. Government allocations
D. Private donations
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  • Submitted by: GK with Azeem

Which document forms part of the annual report?

A. Budget estimates
B. Draft rules
C. Statement of accounts and audit reports
D. Policy directives
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  • Submitted by: GK with Azeem

Government funds credited to the Authority Fund may be used for:

A. Salaries only
B. Development projects
C. Rewards, enforcement cost and refunds
D. Litigation expenses
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  • Submitted by: GK with Azeem

The annual report also includes:

A. Court cases
B. Staff lists
C. Work and activities of Authority and Enforcement Stations
D. Inspection notes
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  • Submitted by: GK with Azeem

The Authority Fund may also consist of:

A. Donations only
B. Fines only
C. Any receipt approved by the Government
D. Court costs
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  • Submitted by: GK with Azeem