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Kerala PSC General Manager Previous Question Paper – 082/2017/OL

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Post NameGENERAL MANAGER
DepartmentDCB
Question Paper Code082/2017/OL
Category Code666/2014
Date of Test11 October 2017
Medium of QuestionENGLISH
Exam TypeOnline Examination
Total Questions100
1
Who quoted preamble as 'Political Horoscope' ?
Answer
C. K. M. Munshi
2
Which Article is related to 'Equal Justice and Free Legal Aid' ?
Answer
B. Article 39A
3
Who appoints Comptroller and Auditor General ?
Answer
D. President
4
Jawaharlal Nehru had started the publication of
Answer
A. National Herald
5
The concept of the procedure for amendment of the Indian Constitution had been taken from the Constitution of
Answer
C. South Africa
6
Who organized, ' Kandala Lahala', the first Labour Strike in Travancore ?
Answer
B. Ayyankali
7
Arrange the following events in chronological order and choose the correct answer : 1. Temple Entry Proclamation 2. Shanar Agitation 3. Nivarthana Agitation 4. Vaikom Sathyagraha
Answer
A. (2, 4, 3, 1)
8
The author of 'Keralam Malayalikalude Mathrubhumi'
Answer
D. E. M. S. Namboothiripad
9
The First Railway Line in Kerala, from Baypore to Tirur, was commissioned on
Answer
B. 12 March 1861
10
Who has come to be called 'The Father of Political Movement in Modern Travancore' ?
Answer
D. G. Parameswaran Pillai
11
The First Lexicon and a Grammar work in Malayalam was prepared by
Answer
A. Arnoz Pathiri
12
Government undertook the responsibility of education for the first time in Travancore in 1817 by
Answer
C. Rani Gouri Parvati Bai
13
Who wrote the historical novel 'Parankipatayali' ?
Answer
A. Sardar K. M. Panikkar
14
Who established a printing press at Mannanam and it was the first press founded by a Malayali without the help of foreigners
Answer
D. Mar Kuriakose Elias Chavara
15
Who has been hailed as the 'The Father of Modern Kerala Renaissance' ?
Answer
B. Sree Narayana Guru
16
Which country has won the 2017 Men's Ice Hockey World Championship ?
Answer
C. Sweden
17
The Van Vihar National Park is located in which state ?
Answer
A. Madhya Pradesh
18
Which Indian village has won 2017 Smart Village Award ?
Answer
C. Govardhan Eco Village
19
Who wrote the famous book 'We, the people' ?
Answer
B. Nani Palkhivala
20
Which film has won the 'Palme d'Or' at the 2017 Cannes Film Festival ?
Answer
D. The Square
21
Mr. R sold goods of the list price of Rs. 10,000 to Mr. S at a trade discount of 10% and cash discount of 5% if payment is made immediately. What should be the net amount payable by Mr. S if he makes immediate payment to avail the discount ?
Answer
A. 8,550
22
Understatement of closing work in progress
Answer
D. Understate net income
23
Writing off the expired cost of an intangible asset is known as
Answer
C. Amortisation
24
Which of the following is not a part of double entry system ?
Answer
D. Memorandum joint venture account
25
Returns of cash sales will be recorded in
Answer
C. Cash book
26
A temporary room constructed for Rs. 30,000 for storing raw material for the construction of a big building is
Answer
A. Capital expenditure
27
Part of furniture which stood in the books at Rs. 1,000 was sold for Rs. 550 in exchange of a new furniture costing Rs. 1,750 and net invoice of Rs. 1,200 was passed through the purchases book. Rectification will result in
Answer
A. Increase in profit by Rs. 750
28
In the absence of any agreement partners are entitled to receive interest on loans and advances provided by them at the rate of
Answer
D. 6% p.a.
29
K,L,M are partners sharing profits and losses in the ratio of 2:1:1. Firm has a joint life policy of Rs. 1,20,000 and appears in the Balance Sheet at surrender value of Rs. 20,000. On the death of K, his share of joint life policy account will be
Answer
B. Rs. 50,000
30
The amount in the security premium account cannot be used for the purpose of
Answer
D. Writing off losses of company
31
When shares are forfeited, share capital account is debited with ________ and the share forfeiture account is credited with
Answer
C. Called up amount, amount received
32
K Ltd. forfeited 150 shares of Rs. 10, issued at a premium of Rs. 2 for nonpayment of the final call of Rs. 3 out of these 100 shares were reissued at Rs. 11 per share. How much would be transferred to capital reserve ?
Answer
A. Rs. 700
33
A decrease in provision for bad and doubtful debts would result in
Answer
B. Increase in net profit
34
When a firm is dissolved, profit or loss on realization will be shared by the partners
Answer
A. In profit sharing ratio
35
Z paid Rs. 40,000 as premium for goodwill at the time of admission on the condition that partnership will be for 10 years. But after 3 years the firm has dissolved due to misconduct of Y, another partner. Will Z entitled to refund any amount paid by him towards goodwill
Answer
B. Yes, Rs. 28,000
36
'Maximum loss method' is a term associated with
Answer
D. Piecemeal distribution of cash
37
___________ is the option for stabilization of the post listing price of securities in a public issue by allotting excess shares
Answer
C. Green shoe option
38
Breakup value of shares can be obtained by which of the following method ?
Answer
A. Net asset backing method
39
Common size statement are also known as
Answer
B. Vertical analysis
40
'Liquid ratio' is also known as
Answer
A. Quick ratio
41
If for a firm, current ratio equal to 1.25 and quick ratio equal to 1.10 and has Rs. 15,000 in inventories, what is the firm's working capital ?
Answer
B. 25,000
42
DU PONT analysis relates to
Answer
D. Profit analysis
43
Usually capital budget decisions are based on incremental
Answer
C. Cash flow
44
If for a project benefit cost ratio is equal to one, then
Answer
C. IRR will be equal to discount rate
45
As per Pecking Order Theory which of the following get first priority ?
Answer
A. Retained earnings
46
'Lintner model' is related with
Answer
D. Dividend policy
47
In working capital management the concept of Zero Working Capital (ZWC) =
Answer
A. Inventories + receivables βˆ’ payables
48
The term 'lethargy' in cash management refers
Answer
B. Time taken to processing the cheque within the firm and sending to bank
49
Which of the following would increase the working capital ?
Answer
B. Issue of Right shares
50
Management of X Ltd. raises the unit selling price of a product by 10% as a result of increase of variable cost of the product by 10%. The fixed cost remains unchanged. The BEP of the company
Answer
C. Remain the same
51
A company has earned net profit of Rs. 2,00,000. Its P/V ratio and margin of safety are 25% and 50% respectively. What is the total fixed cost of the company ?
Answer
B. Rs. 2,00,000
52
For a given period profit under absorption costing is less than the profit under marginal costing if
Answer
C. Sales are in excess of production
53
In make or buy decisions, it is profitable to buy from outside only when the suppliers price is below the firm's own
Answer
A. Variable cost
54
A firm is having interest liability of Rs. 20,000 and preference dividend of Rs. 36,000. Given the tax rate of 40% and dividend tax rate of 20%, financial break even level will be
Answer
D. Rs. 92,000
55
According to Walter Model, when the return on investment is more than the cost of equity capital, in order to maximize the value of firm
Answer
C. Not to pay dividend
56
Unlevering of beta means
Answer
D. Calculation of firms beta````
57
Trading on equity is a situation where
Answer
A. ROI is more than cost of debt
58
In Certainty Equivalents approach in order to incorporate the risk, adjustment made on
Answer
C. Cash flow
59
A company is expected to pay a dividend of Rs. 10 per share next year. The dividends are expected to grow perpetually at a rate of 10%. What is the value of its share if the required rate of return is 15% ?
Answer
D. 200
60
Deposit multiplier for a bank with 'p' as initial deposit and 'r' as the cash reserve ratio is
Answer
B. p/r
61
A banking company cannot hold any immovable property not acquired for its own use for a period exceeding
Answer
C. 7 years
62
Which of the following is a liability of a bank ?
Answer
D. Certificate of deposit
63
The rules framed in the Claytons case relates to Banker's
Answer
A. Right of appropriation
64
The Reserve Bank of India was established on
Answer
B. 1 April 1935
65
RBI may _________ in order to discourage investment in the country.
Answer
D. Increase Bank rate
66
The Banking Ombudsman is appointed by
Answer
A. Reserve Bank of India
67
NABARD was established on the recommendations of
Answer
D. Sivaraman Committee
68
District Co-operative Banks are also known as
Answer
B. Central Co-operative Bank
69
Average clause will apply if there is
Answer
B. Under insurance
70
In case of fire insurance, insurable interest must exist
Answer
C. Both at the time of policy is taken and when loss is incurred
71
Irreversible movements in a business continuous in the same direction for a considerable period of time is known as
Answer
C. Secular variations
72
Interest on borrowed capital funds is an example of _________ type costs in a business.
Answer
B. Explicit costs
73
Which among the following method do not consider time value of an investment ?
Answer
A. Payback period
74
Which of the following strategy assumes that 'People are rational β€” if one presents enough facts to people, they will change' ?
Answer
D. Academic strategy
75
Who among the following works as a process facilitator rather than a solution provider ?
Answer
A. Consultant
76
Identify the type of organization which more copes with unstable environment ?
Answer
A. Project organization
77
Existence of large number of customers and suppliers is the feature of ______ system.
Answer
D. Perfect competition
78
Time estimations for completion of activities can fairly be done with high degree of accuracy in ________ system.
Answer
B. CPM
79
Estimate the EOQ when the annual demand is 3200 units, unit cost is Rs. 6, cost of one procurement is Rs. 150 and inventory cost is 25% p.a.
Answer
C. 1200 units
80
When the decision maker has no information about the probability of occurrence of variance, the criterion used is known as
Answer
C. Laplace criterion
81
Which of the following principle provides better coordination among various functions of an organization ?
Answer
A. Unity of direction
82
Which among the following managerial function offset uncertainty and change ?
Answer
B. Planning
83
The fundamental unique purpose of an organization is known as its
Answer
D. Mission
84
The mathematical technique used in optimum allocation of resource is known as
Answer
D. Linear Programming
85
The summary of the personal characteristics required for the job is known as
Answer
A. Job specification
86
Thematic Appreciation Test is an example of _______ type test.
Answer
C. Personality test
87
Which among the following is an example of on the job training ?
Answer
B. Vestibule training
88
Who propounded the two factor X and Y motivation-hygienic theory ?
Answer
C. Douglas Mc Gregor
89
The concept of paying more attention to the specific products and services than their benefits derived is known as
Answer
B. Marketing myopia
90
Name the strategy of acquiring business outside the company's current products and markets.
Answer
A. Diversification
91
Which among the following elements of marketing mix offer customer solution ?
Answer
D. Product
92
Basing-point pricing is an example of ______ type of pricing.
Answer
B. Geographic Pricing
93
Retailing comes under which of the following online marketing domains ?
Answer
C. B2C
94
A firm that wants to hold its share in an industry without rocking the boat is called
Answer
A. Market follower
95
Which among the following central tendency is not influenced by the size of the extreme items ?
Answer
D. Median
96
The population of a country was 300 million in 1981. It became 520 million in 1999. What is the percentage compound growth per annum ?
Answer
B. 3.1%
97
Mr. Farland bought a machinery on 1st January 2003 under higher purchase system, he paid Rs. 20,000 on signing the agreement and agreed to pay in three equal annual instalments of Rs. 24,000 each. Interest is charged at 24% per annum. What is the cash price of the machine?
Answer
Question Cancelled
98
Name the personality trait shown by people to gain control the behaviour of others.
Answer
B. Machiavellianism
99
Which of the following theory emphasizes situations create suitable leadership style required by a manager ?
Answer
C. Contingency theory
100
Breach of contract before the performance is due is known as
Answer
A. Anticipatory breach

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