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Kerala PSC Higher Secondary School Teacher -Junior- Commerce- Kerala Higher Secondary Education Previous Question Paper – 047/2018

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Post NameHIGHER SECONDARY SCHOOL TEACHER -JUNIOR- COMMERCE- KERALA HIGHER SECONDARY EDUCATION
Question Paper Code047/2018
Date of Test9 April 2018
Medium of QuestionEnglish
Exam TypeOMR Examination
Total Questions100
1
The requirement to hedge against a fall in stock prices by using futures of another stock is
Answer
B. A short hedge in the other stock futures
2
The second important function of management is
Answer
Question Cancelled
3
PAYE is with respect to
Answer
A. Advance payment of income tax
4
The promising operating ratio is
Answer
Question Cancelled
5
The criterion to judge the performance of a mutual fund is
Answer
B. NAV
6
The Dormant company concept was introduced by ___________ of the CompaniesÂ’ Act 2013
Answer
A. Section 455
7
Who did develop the abandonment stage in the PLC ?
Answer
Question Cancelled
8
Take out financing is a kind of
Answer
B. Bank financing
9
The most appropriate definition of market is
Answer
C. Effective contact between the buyer and seller
10
Puffer or a Decoy Duck is one who is employed by
Answer
B. The auctioneer to raise the price by making fictitious bids
11
If stock price is ₹30, present value of exercise price is ₹25 and the call price is ₹6, the respective put should be
Answer
A. ₹1
12
In which of the IR approaches, the mutual negotiations and collective bargaining between the management and labourers has to be followed to settle the industrial disputes ?
Answer
Question Cancelled
13
What is the co-efficient of relative elasticity ?
Answer
A. e > 1
14
The budget estimates of Sitharam Co. Ltd. for the year 2009 – 2010 are as follows : Sales (unit) : 15,000; Fixed expenses : ₹34,000; Sales : ₹1,50,000 and variable cost : ₹6 per unit. What is the revised margin of safety, if the selling price is decreased by 10% ?
Answer
A. ₹33,000
15
_______ is the study that considers aggregate behaviour and the study of sum of individual economic decisions
Answer
A. Macro economics
16
As per which Section of the Income Tax Act, the total income is rounded off to the nearest multiple of ₹10 ?
Answer
Question Cancelled
17
Which industry is the second largest provider of employment in India after agriculture ?
Answer
D. Textiles
18
The following data give an analystÂ’s expected return on two stocks for particular market returns : Market Return Aggressive Stock Defensive Stock 6% 2% 8% 20 30 16 What are the betas of the two stocks ?
Answer
A. 2 and 0.571
19
If the mean of a binomial distribution is 4 and variance is 3, the number of items in the distribution is
Answer
C. 16
20
X and Y are partners who share the profit and loss in the ratio of 2 : 3. Z is admitted into the partnership. Z brings ₹6,000 in cash and his share of goodwill. They have decided to change the profit and loss sharing ratio into 4:5:6 for X, Y and Z respectively. How will the goodwill be distributed at the time of admission of Z ?
Answer
A. Credit X’s capital a/c by 2,000;CreditY’scaπtalacby 4,000
21
The (1 – p) in the Binomial valuation model is
Answer
B. The risk-free rate of return
22
When the materials are priced at the value that is realizable at the time of issue, such pricing method is called
Answer
D. Replacement method
23
Which among the following is the basic drive that gives the urge to take up a certain type of career ?
Answer
C. Career anchor
24
If a person fails to furnish a report from an accountant relating to his international transactions, penalty of _______ shall be imposed
Answer
A. ₹1,00,000
25
While calculating the income tax, interest on securities held by local authority is
Answer
D. Fully exempt
26
IDBI bank is
Answer
B. Commercial bank in the Government sector
27
If two samples of size 9 and 11 have means 6 and 8.8, and variances 36 and 25 respectively, then value of ‘t’ is
Answer
C. 0.81
28
The NSS is better means of investment because of
Answer
A. Tax deferment
29
Lead time refers to
Answer
C. The time gap between placing of the order and procuring the materials
30
A barrier call has a knock-out value of ₹85/-. What is the impact if the stock reaches this value ?
Answer
B. There is no call
31
Which of the following is correct about co-efficient of correlation ?
Answer
D. All of these
32
What is the wage payable to Mr. Raman under the Halsey plan if he completes the work by 15 hours against the standard time of 20 hours ? Assume an hourly rate of ₹4/
Answer
B. ₹70.00
33
Which of the following theories was developed by Edwin Locke ?
Answer
D. Goal setting theory
34
What is the stock price in real options valuation applying the Black Scholes model ?
Answer
C. The price of the asset as per expected value today
35
The demand curve of conspicuous goods is
Answer
B. Upward sloping
36
The Indian company gets income tax deduction for contribution to a political party under Section
Answer
D. 80 GGB
37
Which five year plan did recognize the integral link between rapid economic growth and the quality of the mass of the people ? th th th th
Answer
C. 9 plan
38
CBCT stands for
Answer
D. Customer Bank Communication Terminal
39
The report of cost audit is furnished to the
Answer
C. Central Government
40
The difference between the initial capital outlay and the total present value of stream of cash flow of a given rate of discount is called
Answer
A. NPV
41
In a distribution which is exactly normal, 7% of the items are under 35 and 89% are under 6. What is the standard deviation of distribution ?
Answer
B. 10.35
42
In perfect competition, the AR and MR curves are
Answer
A. Same and parallel to the X axis
43
Which theory of wages is called “Iron Law Wages” ?
Answer
B. Subsistence theory
44
The interval between two AGMs of a company should not be more than
Answer
B. 15 months
45
The relationship between equity capital and long term debt is known as
Answer
A. Capital gearing
46
What would be the market price if the next yearÂ’s dividend is 20%, required rate of return is 10% and the growth rate is 15% as per the constant growth model ?
Answer
D. ₹40
47
In exchange, which floating is generally received by a bank ?
Answer
Question Cancelled
48
When a monopolist divides the market into two or more groups and charges different prices from each group, it is called price discrimination of ______ order
Answer
C. Third
49
In which way the estimated losses that can be foreseen for a contract is treated ?
Answer
D. Write-off immediately when they are estimated
50
In process cost computations, the cost of ending work in progress inventory is calculated on
Answer
C. The computation of equivalent production
51
Company X Ltd. has a of 1.5. The expected return is 15% and the risk-free rate of interest is 5%. What is the market return ?
Answer
A. 6.67%
52
The distinction between joint products and by-products is largely dependent upon
Answer
B. The market value of the product
53
The standard overheads are determined on the basis of
Answer
C. Actual output
54
Hike in the bank rate
Answer
D. Increases the cost of credit and decreases the demand for money
55
If the probability of getting head is 0.4, what is the probability of getting two heads of a coin when it is tossed three times ?
Answer
A. 0.288
56
The T-Bill futures are bought for a hedge during a period when
Answer
C. The interest rates are likely to come down
57
An ROP would be attached to a
Answer
A. Simplex channel
58
Purchasing of shares with funds borrowed from broker is
Answer
B. Margin trading
59
Size of critical region is known as
Answer
A. Size of the test
60
The Black – Scholes option pricing theory is based on the following assumption
Answer
C. The stock price movement is taken to be random
61
Pools and Cartels are forms of
Answer
C. Federation
62
Anonymous donations are taxable under _________ of the income tax
Answer
D. Section 115 BBC
63
Insurable interest should exist at the time of enrolment itself in
Answer
A. Life insurance
64
Which bonus plan is increased along with the increase in the efficiency ?
Answer
A. Accelerated premium plan
65
MRP stands for
Answer
C. Material Requirement Planning
66
Which of the following TCP/IP protocol is used for remote connection service ?
Answer
A. TELNET
67
The concept of reciprocal demand was introduced by
Answer
D. J.S. Mill
68
The origin of merchant banking was in th
Answer
B. 13th century
69
Hawthrone studies are related to which stage of organizational behavior evolution ?
Answer
D. None of these
70
Allocation of resource to the States is the primary duty of
Answer
B. The Finance Commission
71
A group of verbal and non verbal behavior used to prove the effectiveness of teaching is called as
Answer
C. Teaching skill
72
An evaluation tool which involves a coherent set of criteria for studentsÂ’ work with description of levels of performance is known as
Answer
A. Rubrics
73
The specific competency of a teacher who achieve educational objectives through meaningful interaction between teachers, pupils and the environment by using different approaches in an integrated and effective manner
Answer
A. Transactional competency
74
An instructional aid that allows computer images to be displayed into a board using a digital projector is
Answer
A. LCD projector
75
When teacher plan a lesson, the first priority is given to
Answer
B. The objectives to be achieved
76
The sampling technique in which the population is categorized in to a number of non-overlapping sub populations and sample items are selected from each category is called as
Answer
A. Stratified sampling
77
The most significant scientific research method is
Answer
B. Experimental method
78
The scale of measurement which has an absolute zero measurement is termed as
Answer
B. Ratio scale
79
Converting someone elseÂ’s ideas into your own words is called
Answer
C. Paraphrase
80
The following one is least significant with regard to ethical principles of social science research
Answer
A. Professional competence
81
In the opinion of Dr. B.R. Ambedkar which Article can be called as the heart and soul of our Constitution ?
Answer
D. Art. 32
82
In which year fundamental duties are inserted in our Constitution ?
Answer
B. 1976
83
The size of the council of ministers was determined by which Amendment ? th th st nd
Answer
C. 91
84
Which Article gave power to the union Govt. to legislate on any list during to period of National emergency ?
Answer
B. Art. 250
85
24th Amendment Act of Indian Constitution passed in which year ?
Answer
A. 1971
86
The Environment Protection Act 1986 came in to force on
Answer
B. 19-11-1986
87
The sexual harassment of women at work place (Prevention, Prohibition and Redressal) Act came in to force in which year ?
Answer
B. 2013
88
The MGNREGA is to be implemented mainly by
Answer
B. Grama Panchayath
89
SC and ST (Prevention of Atrocities) Act enacted in the year
Answer
A. 1989
90
The THO Act was passed in India in the year
Answer
D. 1994
91
Who among the following was a member of Cochin Legislative Council for a period of three years ?
Answer
D. Pandit K.P. Karuppan
92
What was the motto of the Malabar Economic Union founded by Dr. Palpu ?
Answer
B. Thrive through industry
93
‘Sadhujan Dootan’ is associated with
Answer
C. Pampadi John Joseph
94
Who published the weekly ‘Dharma Poshini’ ?
Answer
B. Velukkutty Arayan
95
‘Veenapoovu’ written by Kumaran Asan was first published in
Answer
A. Mithavadi
96
The Mughal emperor who introduced ‘Jharoka Darshan’ ?
Answer
C. Akbar
97
Who wrote the book ‘The Last Moghul’ ?
Answer
A. William Dalrymple
98
Which country formally hands over Hambantota port to China on a 99 year lease ?
Answer
A. Sri Lanka
99
IndiaÂ’s first National Rail and Transportation University will be set up at
Answer
D. Vadodara
100
The recipient of Nobel Prize for Economics in the year 2017
Answer
B. Richard H. Thaler

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