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Kerala PSC Deputy General Manager Previous Question Paper – 043/2014

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Post NameDEPUTY GENERAL MANAGER
DepartmentDCB (IDKY & KSGD) PART I & II
Question Paper Code043/2014
Date of Test23 April 2014
Medium of QuestionENGLISH
Exam TypeOMR Examination
Total Questions100
1
Who acclaimed Laureus World Sportsman of the year 2013?
Answer
D. Usain Bolt
2
How many islands are there in Andaman and Nicobar islands?
Answer
C. 572
3
Which session of Indian National Congresa was presided over by Gandhiji?
Answer
D. Belgaum |
4
The inventor of AK-47 assault rifle, who died recently is :
Answer
C. Mikhail Kalashnikov
5
What is the name of the scheme which was started by the Government of India in 1999-2000 to provide food to senior citizens who cannot take care of themselves and are not under the National Old Age Pension Scheme (NOAPS), and who have no one to take care of them in their village?
Answer
B. Annapurna Yojana
6
The Rolling Plan concept was formulated by :
Answer
A. Gunnar Myrdal
7
The First Five Year Plan focused on:
Answer
A. Agriculture
8
The Capital of India is situated on the banks of the river :
Answer
B. Yamuna
9
Which is the least populated district in Kerala as per 2011 Census?
Answer
D. Wayanad
10
What was the name of the Typhoon which makes landfall in the central Philippines on November 8, 2013?
Answer
B. Typhoon Haiyan
11
Maharaja Chithira Thirunal Balarama Varma of Travancore issued the Temple Entry Proclamation on :
Answer
C. 12, Nov. 1936
12
Whois the author of the book Advaita Deepika?
Answer
B. Srinarayana Guru
13
Atma Vidya Sangham was founded by : |
Answer
A. Vaghbhadananda
14
An invocation dance performed by women of Bengal, who are unable to give birth to children
Answer
B. Brita dance |
15
The Mars Orbiter Mission (MOM), informally called Mangalyaon, was launched by the Indian Space Research Organisation (ISRO) on:
Answer
D. 8 November 2013
16
The instrument of instructions contained in the Government of India Act 1935 have been incorporated in the constitution of India in the year 1950 as :
Answer
C. Directive Principles of atate policy
17
Oscar for the best Director in 2013 was awarded to :
Answer
B. Ang Lee
18
Who got Vayalar Award for the year 2013”
Answer
D. Prabha Varma
19
The first Green field International Airport of India ts :
Answer
D. Bangaluru
20
Regur soil is also called:
Answer
C. Black Soil
21
β€œPayoff” in Game theory means:
Answer
A. outcome of a game when different alternatives are adopted by players
22
Which of the following is not a major requirement of a Linear Programming Problem?
Answer
C. The problem must be of maximization type
23
The activity which can be delayed without affecting the execution of the immediate succeeding activity is determined by :
Answer
A. free float
24
Adegenerate solution is one that :
Answer
B. gives zero value to one or more of the basic variables
25
The time between the placement of an order and its delivery is called as:
Answer
D. Lead time A a 43/2014 [P.T.O.]
26
Market segmentation :
Answer
D. provides a commercially viable method of serving customers with similar needs
27
Acommonly used basis for segmenting consumer markets is :
Answer
B. demographics
28
Marketing managers cannot control but they can at times influence it.
Answer
C. the external environment
29
In which stage of the product life cycle is advertising and promotion aimed at retaining existing customers and persuading them to switch from competitor products?
Answer
C. maturity
30
The fifth β€˜P’ of marketing is : |
Answer
D. people
31
Which of the following is not a selection technique?
Answer
A. performance appraisal
32
Human resource management is normally β€”β€”β€”β€”β€”β€”β€”β€”_ in nature,
Answer
A. proactive
33
The human resource management function aims at:
Answer
B. helping the organization deal with its employees in different stages of employment
34
Human Resource Management aims to maximize organizational :
Answer
A. effectiveness
35
The top most goal of human resource management ;
Answer
D. productivity
36
Personal car service to an executive is an example of ;
Answer
C. perquisite
37
Wages positioned above the minimum wage, but below the living wages are described as :
Answer
A. fair wage
38
Wages adjusted for the prevailing rate of inflation is called :
Answer
A. real wage
39
Stock option and performance shares are :
Answer
C. long term incentive plan
40
The variable which are added to the constraints to convert them into equality are -
Answer
A. slack
41
β€”β€”β€”____β€”- method is used to test the optimality of a transportation problem.
Answer
C. Stepping stone
42
PERT is used for projects involving activities of β€”β€”β€”β€”____β€”β€” nature.
Answer
B. B) non-repetitive
43
Ifthe maxmin and minimax are equal, the game has β€”β€”β€”β€”β€”-β€”β€”β€” point.
Answer
D. saddle A 7 43/2014 [P.T.O.]
44
β€”β€”___β€”β€”β€” is a hygene factor of motivation.
Answer
B. working condition |
45
For β€”β€”β€”β€”β€”β€”__ β€œManagement is what a manager does”. |
Answer
B. Louis Allen
46
Which of the following is not an element of planning?
Answer
D. none of these
47
General statements that guide decision-making are :
Answer
B. policies
48
Subordinate has to work under more than one boss in which type of organization :
Answer
C. functional
49
Expectancy theory of motivation is given by :
Answer
B. Vroom
50
Decisions taken under competitive situation is :
Answer
D. Game theory
51
Which of the following statements is true?
Answer
C. Capital + liabilities - assets = 0
52
The going concern concept is not valid :
Answer
D. All of the above 43/2014 He A
53
β€˜The working rule β€œAnticipate no profits but provide for all possible losses” is the convention of:
Answer
B. Conservatism
54
An amount of Rs. 20.000 received from issue of further shares by incurring Rs. 2,500 issue expenses will be treated as follows :
Answer
A. Rs. 20,000 capital receipt and Rs, 2,500 deferred revenue expenditure
55
When closing stock appears in the trial balance which of the following treatment is correct?
Answer
D. No further adjustment is required in the trading A/C
56
Which of the following treatment is correct in respect of reserve for discount on creditors?
Answer
B. It should be shown on the liability side of the balance sheet as a deduction from creditors
57
Sundry debtors stood at Rs. 50,200. Bad debts to be written off Rs. 200 and a reserve for doubtful debts to be created at 5% on debtors. There was already a reserve appearing in the books amounting to Rs. 300. The amount to be debited in the P and L Afe will be :
Answer
C. Rs. 2,200
58
β€˜The net profits of a company amounted to Rs. 33,000 during a year. The manager is entitled to a commission of 10% on profits after charging such commission. The manager's commission will be :
Answer
A. Rs. 3,000
59
Ina trial balance the debtors and creditors appeared as Rs. 12,000 and Rs. 7,400 respectively. It is found that included in debtors is Rs. 2,000 due from β€˜M’ and included in creditors Rs. 1,000 due to him. If 5% reserve for doubtful debts and 2.5% reserve the discount on creditors is to be created the provision and reserve will be Rs. :
Answer
D. 650 and 160 A 9 43/2014 [P.T.O.]
60
In the absence of an agreement, Section 13 of Indian Partnership Act says that interest on loan given by a partner will be calculated at the rate of :
Answer
D. 6%
61
X and Y share profits and losses in the ratio 2:1 and admit Z for a 1/6 share in profits. The new profit-sharing ratio is:
Answer
A. 10:5:3
62
On admission of a partner if goodwill is raised at its full value, it should be debited to :
Answer
C. Goodwill A/C
63
The amount of compensation payable to a retiring partner by remaining partners will be based on:
Answer
B. Gaining ratio
64
When a partner dies and the remaining partners carry on business without final settlement the executers of the deceased partner are entitled to :
Answer
C. Either of the above two options at the discretion of executors
65
Which of the following statement is not true in relation to stocks issued by a company?
Answer
D. Stocks cannot be transferred in parts
66
Section 78 of Companies Act gives the purposes for which securities premium A/C can be applied. Identify the inappropriate one :
Answer
B. Acquisition of capital assets
67
When shares are forfeited the share capital A/C will be :
Answer
A. Debited with called up amount on shares
68
The maximum discount that can be allowed on reissue of forfeited shares is :
Answer
B. The amount already received on forfeited shares + the original discount on reissued shares
69
After forfeited shares are issued at a discount the balance in the share forfeited A/C will be :
Answer
C. Credited to capital reserve A/C
70
Which of the following is not a determinant for valuation of shares?
Answer
D. The original issue price of shares
71
Yield value of shares is given by :
Answer
B. [(Probable earnings rate) / (Normal earnings rate)] x (paid up value)
72
Value of shares according to fair valuation method is given by : |
Answer
A. (Value of shares on net assets basis + value of shares on earnings basis) / 2
73
Population per bank in India is approximately :
Answer
C. O) 12500
74
When shares are forfeited the share capital A/C will be :
Answer
B. Credited with the paid up amount on shares
75
7a. Which of the following statement is correct : : |
Answer
A. 70% of rural population is serviced by 37% of bank branches |
76
During depression it is advisable to:
Answer
D. Lower bank rate and purchase securities in the open market
77
Direct action by RBI may take the form of:
Answer
D. All of the above |
78
Section 17 of Banking Regulation Act relates to : |
Answer
C. Transfer to reserve fund out of profits
79
Ascheme of amalgamation of banking companies is to be sanctioned by RBI under section :
Answer
A. 444
80
The supervision of co-operative banks and regional rural banks is carried out by
Answer
B. NABARD
81
Which of the following case will not affect current ratio?
Answer
A. Dishonour of bill receivables
82
Current assets and current liabilities are Rs. 1,50,000 and Rs. 1,00,000. If a creditor is paid by cheque Rs. 5,000, the new current ratio will be:
Answer
B. 1.52:1
83
If the inventory turnover ratio is 5 times and the average stock at cost is Rs. 75,000, cost of goods aald will be Rs. :
Answer
D. 3,75,000
84
Achange from FIFO method of stock valuation to LIFO method will affect inventory turnover ratio in the following way
Answer
C. Decreased
85
Which of the following is not an assumption of break-even analysis?
Answer
D. All of the above A company zold in two successive periods 7000 units and 9000 unite
86
The amount of fixed expenses ;
Answer
C. Rs. 80,000
87
Break-even sales in units :
Answer
B. 8000
88
Sales to earn a profit of Rs. 40,000 ;
Answer
A. Rs. 12,00,000
89
The BEP is not affected by:
Answer
C. Number of units sold
90
The MM hypothesis of dividend policy saya that :
Answer
B. Dividend policy has no effect on share prices
91
Issued at par:
Answer
B. 6.5%
92
Issued at 10% discount :
Answer
C. 7.22%
93
Issued at 10% premium :
Answer
A. 5.91%
94
It is better for a company to remain β€”β€”β€”β€”β€”____. during a period of depression.
Answer
A. Low geared
95
β€”β€”_β€”_β€”β€”β€” of capitalisation is to be preferred by an existing company.
Answer
B. Earnings theory
96
Which of the following does not use discounted cash flow criterion for capital budgeting?
Answer
C. Pay back method
97
Which of the following is a motive of holding cash?
Answer
D. All of the above
98
The AamAdmiBimaYojana of LIC which came into force on 1.1.2013 provides for coverage of Rs, β€”β€”β€”β€”β€”β€”β€”β€”_ on natural death.
Answer
B. 30,000
99
Sales and production budgets are β€”β€”__β€”__β€”β€”_ budgets.
Answer
C. Operating
100
Permanent Account Number (PAN) was introduced in :
Answer
D. 1994 43/2014 14 A

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