PSC Accountant Grade III - Kerala State Coir Corporation Ltd … · 2019. 12. 17. · 1204016 64,...

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Date of Test : 28.09.2016 Medium of Questions: English Question Paper Code: 120/2016 Exam Name: Accountant Grade III - Kerala State Coir Corporation Ltd PSC Accountant Grade III - Kerala S tate Coir Corporation Ltd Examination Previous Year Question Paper

Transcript of PSC Accountant Grade III - Kerala State Coir Corporation Ltd … · 2019. 12. 17. · 1204016 64,...

Page 1: PSC Accountant Grade III - Kerala State Coir Corporation Ltd … · 2019. 12. 17. · 1204016 64, An agreemenl to buyslolen goods is A) Vdd 8) Vddable C) valld D) lllegal 65. Slepping

Date of Test : 28.09.2016

Medium of Questions: English

Question Paper Code: 120/2016

Exam Name: Accountant Grade III - Kerala State Coir Corporation Ltd

PSC Accountant Grade III - Kerala State Coir Corporation Ltd

Examination Previous Year Question Paper

Page 2: PSC Accountant Grade III - Kerala State Coir Corporation Ltd … · 2019. 12. 17. · 1204016 64, An agreemenl to buyslolen goods is A) Vdd 8) Vddable C) valld D) lllegal 65. Slepping

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I Osnelshrp erpressed In lerms ol money is called

2. A oroducl was soLd lor { 448 al a profit ol 1 2ol. What is the

A) 1502 B) ?448 c) r 400

3. CapilalProlit is transfe(ed lo

A) Capilal Beserve

C) GeneralReserve

A) Consislency

c) cost

5. Which ol the lollowing

A) Only cash sales

8) Capalal Accounl

o) i 394

4. Depreclalion on fixed assel is provided in compliance wilh lhe accountrng

B) Reserve Capital

8) Actrual

D) Going concern concepl

ilems is recorded in the salesjoumal?

B) Only cred sales

D) Noneollhese

6.

7.

C) Bolh cash and credil salss

Cap rallvc is a

A) Pelsonal Accouni

Ouick ralio is also called

c) Liqlid ratio

B) Real AccoLrnl

D) Noneolthese

8) Near money ralro

D) Allot lhese

B) Marganal costng

O) Delered costing

L A method ol clcting in which lhe lixed costs are added lor invenlory valualion

A) Absorption cosling

C) Direcl coslinq

9. hdirecl materialcosl is aparl of

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Page 3: PSC Accountant Grade III - Kerala State Coir Corporation Ltd … · 2019. 12. 17. · 1204016 64, An agreemenl to buyslolen goods is A) Vdd 8) Vddable C) valld D) lllegal 65. Slepping

1Avml610. 8EP is vlo*ed at

A) Fixed cost + P/V ratio B) Fixed co$ + Selling pnce

C) Fixed cosl / Conlibulion pet unit D) Fixedcost/va ablecoslp€runrl

11. Besearch and Developmeni cosl is

A) Produclion cost B) Pie-productron cosl

C) Va.iable cosl D) works cosl

12- Cosl reduction is achieved lhrough

A) Valueanalysis B) lnventory comrol

C) Production,planningandcontrol D) Allofthese

13. l/largin ol salely x PAl ralio =

A) Sal€s B) Vaiablecost

C) Fited cosl D) Profil

14 The auditor ot a public limiled company is appointed by the

A) Gov€mment B) Board ot Drectors

C) Shar€holders D) CAG

15. Dulies ot a company audilor ar€ dolined by

A) The Articles ol Associalion

B) Ths Momorandum ol Association

C) The Companies' ,at, 1 956

D) The agreemett ol the company with lhe audalor

16. Th€ socond imporlant function of manag€menl is

A) OQanising B) Siafling

C) oir€cting D) contrclling

17. Thsbook'Th€ P raclice of Managemenl' was aulhored by

A) P.F. Drucker B) F W Taylor

C) Olivsrsheldon D) Douglasi/mr€gor

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18. Strateg c Planning means

A) Shoirlerm plan'ring

C) Decision making

B) Copo€te planning

D) Noneolthese

19. Which ol lhe lollowings isimagjnary?

A) Mission B) Vision C) Goal D) Objective

20 POSoCOBB wasconed bY

A) F.w.Taylor B) Prahlad C) i,4aslow D) Gullick

21. The Consurner Prctection Ad was passed In

A) 1956 B) 1964 C) 1986 D) 1992

22. Which afesynonymous ?

A) Market mix and marketing mix B) lvlarkeling mixand poducl mrx

C) Product mix and rnarket mix D) None olthese

23. The relm product concept was developsd by

A) Theodorc Levil a) Koller

C) PeierDrucker D) Noneollhese

24. Which oi ihe lollowing is not included in lhe lunclion ol physical supply ?

A) Slandardisalion B) Transportalion

C) Storage D) Packaginq

25. After sales service is a Pad ol

a) core product a) AugnededFodud

C) TarEibleprcducl D) Fundantenta! product

26. The word 'positioning was corned by

A) Koller B) PeterDrucker

C) Al Feis and JackTrout D) Bosser Beeves

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1A|:X]l627. Producls thet consume6 buy regularly wilh lnb effort are called

B) Conveni€nceproducls

D) Consumgrproducts

A) Shopping products

C) lmpube products

28. Income Tax acl was passed in

A) 1956 B) 1961

32. Buden ot tax can be r€duc€d by

A) Tax avoidance

C) Taxplanning

c) 1$6 D) 1968

29. Remunefation paid to an MLA is laxed under the head

A) Incomefromsalary B) Capitalgains

C) Incoms from prolession D) Incorne from olhsr soufces

30. PAYE in income iax stands lor

A) Advance paymonr of tsr 8) Payment of tax by lhe employer

C) Exemption trcm paymenl ol tax D) Noneollhese

31 . Which of lhs lollowings is noi an indiroct tax ?

A) Sales lax B) Eslaleduty C) Cuslomsduty D) Ertry tat

33. For income lax purpose, an Indian company is always

A) Resident B) NAI

C) Nol ordinanly resident O) l,loneoflhes€

34. The fiEthod $here clata are collecl€d tor each item in ihe populalion as known as

A) Census rnelhod B) Sampling n|elhod

C) Survey melhod o) Observaion rnelhod

35, Dala iaken Jfom lhe'visilors lisf is

A) Clusler sampling

C) Random sampling

g) Taxevasion

D) None ol these

B) Ouota sampling

D) Judgnonl sampllno

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36. The concept ot regression was developed by

A) King S) Jacques C) GalLcn D) PeaGon

37. Which ol the lollowngs is a poslional averagp ?

A) irean B) Mode

C) M6dan O) Stan(hrd Devlation

38. In a sample based research work, lhe data collecled for analysis ars called

A) Pimarydala g) R€searchdata

c) secondarydata D) Field dala

39. In pie diagram. 1% = ?

A) r.8degrces B) o.gdegrees C) 3 6d€gr€€s D) 1.ldeg€€s

40. Mode is

A) 3median+2mean B) 3median- 1

C) 3median-2 D) 3median +3

41. Thedsgrceof relalionshlpbelw€entwova ablesiscalled

A) Corelalion B) R€gressit q vanan€ D) Pobability

?l2. lDBl Bank Lld. is

A) Developrned Dank

C) NBFI

€. NAaARD was eslablbh€d in

A) Branch banking

C) Cnain banking

B) Comrnercial bank

D) None olthese

B) Unilbanking

o) None olthese

Al ts72 B) 1S2 c) 1s€4 D) 196

,|4, Indh has lhe syslem ol

,15. On€ who deoosns monsv in a bank becomeg otlhebank.

A) Agent B) D€btor C) Creditot o) Noneoilhese

.7.

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1An0t646. Bsrler system means

A) Goods sold on crodit B) Goods sold on cash

C) Goods sold lof no considsration D) Exchangeotgoodslorgoods

47. The larc€st commercial bank in hdia is

A) SBr B) PN8 C) tctct D) HDFC

48. A cheque becomes slale'atler a p€riod ol

A) Twoyea6 B) Oneyear

C) Six months D) Thrce months

49. The modem quanlity iheory ol money was devetoped by

A) Frit:dman B) K6ynes C) Fisher D) Matrhus

50. Who does issu6 the Rupee One Notg/Coin in tndia ?

A) SBr B) RBI

C) Financ€ Coanmission D) S€creiary ot Finance Affairs

51. Th6 FBI ls not concern€d with

A) Framing the Fiscat Poticy B) Framing lhe Monilory poticy

C) Noteissue D) Conlrotot cfedil

52. The C€ntral Bank kseF 100% gold reserves against the notss is ca edA) Special pap€r mon€y B) Managedpap€rmoney

C) Fidrciary pap€r money D) Repros€nlativepapermoney

53. ll's b€sl lo lloal lhe equily shares in the market during

A) Boofi B) Fecesslon C) Recov€ry O) Depression

54. Capital lo6s sdses dLr€ to

A) Sale ot cunont assets at a pric6 l€ss6r than book value

8) Sal€ ot capital assets at a price tesser lhan boot vatu6

C) Dsprscialion

D) All of lh€ abov€

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120no16

55. Who is the lalher ot Financial Llanagemenl ?

A) ftfoldKoonlz B) Ezlasolomon

C) PeterF. Drucker D) Josephand lvlazzle

56. What is lhe operating leverage it tixed cosl is { 90,000 and conlribulion is

{ 1,00,000 ?

A) 0.10 B) 0.90 c) 9.00 D) 10.00

57. watered slock leads lo

58. The capilal slructure which maximises the value ot lhe tirm is called

A) Over capilalisation

c) Fair capnalisation

B) Under capilalisalion

D) None ot lhe above

C) E!,€n D) Moderate

B) Frnance declsion

D) Dividend decision

8) Invenlory managernenl

D) Weallh maximsation

B) Otfer

D) Both (8)and (c)

A) lvlaximum B) Minimlm C) Oplimum D) Noneollhese

59. When equily is rnore than long l€rm debl,lhe lirm is said lo be

gea€d.

A) HrSh B) Low

60. Find lhe odd one oul-

A) Inveshenl decision

q Pdnabilitydecision

approach i9 also known as matchang approach.

A) Hedging B) Conserualive C) Tradeotf D) Nonsofthese

62. The main objective ol a lirm is

A) Sales management

C) Prolit marimisalion

63. Agreemeni s

a) consideralion

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Page 9: PSC Accountant Grade III - Kerala State Coir Corporation Ltd … · 2019. 12. 17. · 1204016 64, An agreemenl to buyslolen goods is A) Vdd 8) Vddable C) valld D) lllegal 65. Slepping

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64, An agreemenl to buyslolen goods is

A) Vdd 8) Vddable C) valld D) lllegal

65. Slepping inlo a line bus creales

A) validcontract B) void conlracl

C) Voidablecontracl D) Uneniorceable cont€cl

67. General lien is available lor

A) Banker B) Bajlor C) Tailor D) Noneolthese

68. Aminorcannolbea/an

A) Agenl B) Padnsr C) Payee D) Noneoflhese

69 An agreemenl in reskainr ol the mamage ol a minor is

A) Void B) Voidable C) valid D) IllegBl

70. Indian ParlnershipActwas enacled in

a) 1@ B) 194a C) 19s6 D) 1$4

71 . Principle ol indemnily is nol applicable lo

66. Pledge isa part ot

A) Consignment

C) Pain€nship

B) Baihnenl

D) Lsas€

B) Ma nsinsuranco

D) Allolthese

B) Sukogaton

D) Contnbuton

72. On paymenl ol insLrrance policy,lhe insurcris pul inlolhe sho€s ot the insured.This principle is called

A) Miligalion ol loss

C) causa proxima

73. Bancassu€nce is lhe insurance product olA) UC B) Pnvate insurance companies

C) Banks O) Noneofthese

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74 In India, thewholellle insu rance business is adminislered by

A) LIC B) IFDA

C) BBI D) Noneotlhese

75. The law ofdiminishing marcinalulilily was lirsl slaled by

A) H.H.Gossen B) J.B. Hicks

C) J.8. Say D) Marshall

76 Under pertecl compstition, shorl run equillbfium ol a llm will be

A) l,lc=ltrlF B) MC < [tac) MC>MR D) Noneotftese

Z. The shape ofdemand curve is

A) Upperslopinq curue from righl lo leil

B) Oown sloping curve lrom ightlo lefl

C) Oown sloping curve Jrom leJi lo nghl

O) Upper sloping curvelrom letl lo ghl

78. The salienlfeaturesol Indian Econonry are

A) Predominancs ot agicullure

B) Fapad qroMh ol population and unemdoymenl

C) Low percapila income and capitalscarcity

D) Allollhese

79. Which induslry is lh€ second largest provlder ol emplovmenl in India aitet

A) Textiles B) Chemicals

C) Transports D) llonand sleel

80. Who is ihe Chairman ol 'NITY AYOG' ?

A) lvlinislerfor Finance

B) Minisle. tor Planning

C) Chairman of Financ€ Commission

D) Prime Minister

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1Ay20r6

81. Malayaviasam whicl\ mafted lhe b€glnning ol modem Malayalam poelry was

A) KunjikuttanThampuran 8) Ulloor S. Parameshweran Nail

C) Vallathol Na6yana Menon D) Noneollhese

82. In India the Environmenl Proloclion Acl came into operalion in

A) 1986 B) 19€4 C) 1387 D) 1S5

83. One ol the longest roads in Kerala NH 47 is curlenlly tenamed as

A) NH44 B) NH66 C) NH5,r4 D) NH766

84. The Asian Nation thal has joined the WTO recenlly as the 164rh membet

A) Pakistan 8) AEhanistan

C) Wannlar D) t,i€pal

86. The Fird Girl s School ol the BEM in Kerala was opensd in 1839 al

A) vachkara B) Kallai

C) Kase€od D) Nstur

86. The First Inlernational Festlval on Bircls was held in Dec€mbsr 2015 al

A) R4aslan B) LJttar Pradesh

C) Kerala O) WestB€ngal

87. who Proclaim€d Akkamma Cheian as The Jhansi Rani ol Travancoro ?

A) K. K€lappan

B) Sd Chnhira Thirunal Balarama Vama

C) Panom Thanu Pilla

D) Noneoflhes€

88. The women's Malayalam magazins Sresnrat/twas publbh€d froan Travanco€ by

A) K.V. Kunimalu Amma B) Annaohandi

C) Ammuswaminathan O) ParukuniAmma

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&. The Retum ol lhe Red Roses is lhe biography ol

A) Caplaln Lakshm B) vrlayalaksh mi Pandit

C) IndiraGandhi D) AnnaOhandl

90 The Magazlne sadnuiana ooolan was publlshed by

A) PampadiJohn Jo6eph B) K.P.vellon

C) PanditK. Karuppaf D) Sahodaran Ayl,appan

91. The newspaper Ptabhatham began to be published in 1944 by

A) lrooftkolh Kumaran B) T.K. Joseph

C) C. Kishnan D) Noneofthese

9. The Commission which rccommended lorihe eslablishrneni ol Interclale C,ouncil

A) Sa|kana Comm ssion

8) N N. Vohra Commission

C) K.C.NiyogiCommission

D) Aafuant Fai l$ehta Commiss|on

93 The I 4ih Finance Comm ssion was constituled under the cha fmanshrp ol

A) VijayKelker B) A l',4 Khusro

C) K.C. Panl D) Y V Reddy

94. The lOdh Amendmeni Acl oi Indian Conslilulion relate lo

A) Boundary Ag€ement

B) Black l,loney

C) JudicialAppointmentCornmission

D) Tax on Goods and Seruices

95 The Stale which is declarecl as the first F Panchayal Slale in India

A) Gujaral B) Maharashlra

C) Punjab D) UttarPradesh

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96. Th€ Suguna yardhiniwas an organizaton establishsd by

A) Aratrupuzha V€layudha Panlkkar

B) Agamananda Swamikel

C) funbalathu Sanku Pilla

D) Ayyahan Gopalan

97. lw\slaled Tmlhp ol ke grcwlh€ d€ma of Shakespsar€ in lo

i/lahFlam.

A) K.C. K€sava Pilla

B) Kandafnil Varut|ee Mappih

C) ll(Iavu Anma

D) C.V. Raman Pilla

$. The K€€la Vanilha Commission Bill was pass€d in

A) 1S1 B) 1996 c) 1995 o) r9s2

Teipta Entry Day all ovet Kerala as parl of lhe

99. TrEsodalw€f'arssdemeArDaday,hrrdd6bpolicydgiving itiorsloodto

A) Tdbal p€od€

B) Pregnant tibalwomen

C) Sct|ool childr€n

D) Endosulphan ViclinE

lm. whidr day is obseNed as

Temple Entry MovedEnl ?

A) l Octob€r1931

c) l January 1932

B)

D)

1November193l

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