| Post Name | LECTURER IN COMMERCIAL PRACTICE NCA |
|---|---|
| Department | KERALA TECHNICAL EDUCATION |
| Question Paper Code | 044/2018/OL |
| Category Code | 235/2017 |
| Date of Test | 5 September 2018 |
| Medium of Question | ENGLISH |
| Exam Type | Online Examination |
| Total Questions | 100 |
1
Name the person associated with 'Kuttamkulam Struggle' in Thrissur as a protest against untouchability.
Answer
A. P. K. Kumaran Master
2
Who organised Cheramar Mahajan Sabha in 1921 ?
Answer
C. Pampady John Joseph
3
Who translated Rabindranath Tagor's Gitanjali into Malayalam ?
Answer
B. G. Sankara Kurup
4
The President of Vakkom Moulavi Foundation Trust (VMFT).
Answer
A. Dr. N. A. Karim
5
The new Vice Chancellor of Malayalam University
Answer
C. Dr. Anil Vallathol
6
In the Indian Constitution, the term 'Cabinet' appears only in
Answer
B. Article 352
7
Name the India-Nepal joint military exercise which was conducted recently
Answer
C. Surya Kiran XI
8
The Social Justice Department was established in Kerala in
Answer
D. September 1975
9
The present Chairperson of Kerala State Women's Commission is
Answer
B. M. C. Josephine
10
In which district of Kerala is The Indian Institute of Space Science and Technology located ?
Answer
C. Thiruvananthapuram
11
Nair Service Society (NSS) was formed in
Answer
D. October 1914
12
By which among the following Amendments of the Constitution of India was Delhi designated as the National capital territory?
Answer
A. 69th Amendment Act
13
Who among the following started Lokamanayan news paper ?
Answer
C. Kurur Neelakandan Namboodiripad
14
The headquarters of Kerala Sangeetha Nataka Academy in
Answer
B. Thrissur
15
Who wrote the book "Old History, New Geography, Bifurcating Andra Pradesh " ?
Answer
A. Jayaram Ramesh
16
The National Disaster Management Authority of India is chaired by
Answer
B. Prime Minister of India
17
Which one of the following was a re-curving cyclone that affected the Arabian sea coast of the Indian Peninsula in 2017 ?
Answer
C. Ockhi
18
Identify the wrong statement about ozone gas.
Answer
D. Ozone in the atmosphere is found at ground level only
19
Minamata disease is associated with poisoning due to
Answer
B. Mercury
20
The Monazite sands of Kerala are a potential reserve of
Answer
D. Thorium
21
"The amount of carbon dioxide released into the atmosphere as a result of the activities of a particular individual, organization or community" is called
Answer
A. Carbon footprint
22
Oil spills in water bodies are a man-made hazard, Which of the following is a possible effect of an oil spill in a water body ?
Answer
B. Decrease in dissolved oxygen levels
23
Which is the only Genetically Modified (GM) crop that is being cultivated in India on a commercial scale ?
Answer
A. Bt Cotton
24
In 2016, India's first Liquefied Natural Gas (LNG) powered bus was launched in
Answer
D. Kerala
25
The two primary scales used to measure intensity of earthquakes are
Answer
C. Richter and Mercalli
26
"The proprietor of a business is treated as a creditor." Which accounting concept is based on this assumption ?
Answer
C. Business entity concept
27
Among the following which one is not a fictitious asset ?
Answer
B. Patents
28
How do you treat the item of depreciation while preparing final accounts if it appears in Trial Balance ?
Answer
A. Debited to P and L account only
29
Heavy advertisement expenses incurred to launch a new product is treated as
Answer
C. Deferred revenue expenditure
30
Which of the following statements is a false one ?
Answer
D. All accounts are maintained under single entry system
31
A B C share profits and losses in the ratio of (1)/(2),(1)/(3) and (1)/(6) respectively. D, a new partner is admitted with (1)/(8) share. Then, what will be new profit sharing ratio?
Answer
A. (7)/(16), (7)/(24), (7)/(48), (1)/(8)
32
At the time of admission of a new partner, when goodwill is raised at full value in which ration the same is credited to capital accounts of partners ?
Answer
B. Old profit sharing ratio
33
When an existing company takes over the business of one or more existing companies, it is the case of
Answer
D. Absorption
34
A company may utilise the premium received on issue of shares/debentures for
Answer
B. Writing off discount on issue of debentures
35
The aggregate of the cost of indirect material, indirect labour and indirect expenses is called
Answer
A. Overheads
36
Among the following, which one is not an expense excluded from cost accounts ?
Answer
D. Distribution expenses
37
The time lag between indenting and receiving of materials is know as
Answer
C. Lead time
38
Re apportionment of service department costs to production department is called
Answer
A. Secondary distribution
39
Following are the information available in respect of A Ltd. Fixed expenses Rs. 50,000 Sales (value) Rs. 2,00,000 Profits Rs. 50,000 Then, the P/V ratio will be
Answer
B. 50%
40
Which of the following is not a method of absorbing factory overheads ?
Answer
D. Marginal cost rate
41
Policy formulation and objective determination are the main focus of
Answer
B. Administration
42
Which one of the following roles does not constitute management roles as proposed by Henry Mintzberg ?
Answer
A. Training role
43
___________ refers to those social interactions which do not have consciously coordinated joint purpose.
Answer
C. Informal communication
44
Which of the following is a quantitative technique of decision making in management ?
Answer
D. Game theory
45
The approach of Scientific Management was developed by
Answer
C. F. W. Taylor
46
Which of the following is not a source of short term finance for business ?
Answer
B. Retained earnings
47
Which of the following statement is not applicable to financial planning ?
Answer
A. Determining the duties of finance manager
48
The type of layout suitable for mass production of products in continuous industries is
Answer
C. Product layout
49
The policy of the enterprise to fix a very high price for a new product at the very outset to recover the amount of capital invested quickly is called
Answer
B. Skimming princing
50
360 degree method in HRM is related to
Answer
D. Employee performance appraisal
51
The first stock exchange in India was set up in
Answer
C. Mumbai
52
__________ is the regulatory authority in the field of capital market.
Answer
B. SEBI
53
FDI stands for
Answer
D. Foreign Direct Investment
54
Which one of the following is not a type of derivatives ?
Answer
A. Mutual funds
55
The market where securities that have already been issued are traded is called __________
Answer
B. Secondary market
56
The branch of business dealing with production of goods is known as _________
Answer
C. Industry
57
Which one of the following is not a form of business organisation ?
Answer
D. Government Department
58
The minimum number of directors in the case of a Public Ltd. Company is
Answer
B. 3
59
Debentures Payable to a holder of certificate is called __________
Answer
A. Bearer debentures
60
Rights issue refers to the shared issued to
Answer
D. Existing shareholders
61
Auditors of a company have to report to the
Answer
C. Shareholders at the annual general meeting
62
EXIM Bank is a _________
Answer
B. Non-banking financial company
63
In life insurance, the insured can recover the loss only if the loss is due to the nearest cause. This principle is called
Answer
D. Causa proxima
64
The method of transferring the rights of the insured in respect of life insurance policy to another party is known as
Answer
B. Assignment
65
Which of the following is an essential component of intranet ?
Answer
C. Computer with server software
66
Digital products are best suited for B₂C e-commerce. Because __________
Answer
A. They can be mass-customized and personalised
67
Which type of communication is based on social relationship among the members ?
Answer
D. Informal communication
68
Which one of the following documents attests the fact that goods of specified quantity, value and description are entering the boundary of the country ?
Answer
B. Bill of entry
69
Under which principle, all the rights of an insured are transferred to insurance company after making payment of claim ?
Answer
C. Subrogation
70
Which of the following is an example of company incorporated by a Special Act of Parliament ?
Answer
B. LIC of India
71
Which one of the following is not an instrument of credit control under banking system ?
Answer
A. Tax rates
72
The Act which is applicable for the registration of NBFCs is
Answer
C. Companies Act
73
_________ is known as "the soft loan window" of the World Bank.
Answer
D. IDA
74
In India, the custodian of monetary reserves of the country is
Answer
B. RBI
75
The "scheme of lead bank" was introduced in India in the year
Answer
A. 1969
76
The system of Unit Banking is originated in
Answer
C. USA
77
"No man must grow rich out of another person's loss". Which type of contract is based on this principle ?
Answer
D. Quasi contract
78
A contract which is dependent on the happening or non-happening of some event is called _____________
Answer
B. Contingent contract
79
In India, the Factories Act was passed in the year __________
Answer
C. 1948
80
Which one of the following is not a negotiable instrument ?
Answer
D. Hundi
81
Which one of the following is not a form of e-banking ?
Answer
A. Cheque book
82
RTGS stands for
Answer
B. Real Time Gross Settlement
83
The Act contains the provisions for health and safety measures of employees is
Answer
D. None of these
84
Which one of the following is not a right of an unpaid seller against the goods sold as per sale of Goods Act ?
Answer
A. Right for interest
85
Which of the following statement is incorrect ?
Answer
C. Debit-cards are known as check cards
86
Which of the following is related with the question "Do higher interest rates slow the economy and lower inflation ?"
Answer
D. Positive Economics
87
How the demand curve for cigarettes changes when there is a positive impact of public service announcements and governments' mandatory health warnings on cigarette packages ?
Answer
C. Shift the demand curve for cigarettes to the left
88
Which among the following is a factor affecting supply curve of a commodity ?
Answer
A. Internet shopping and auctions allow consumers to compare the prices of different dealers more easily and drives high cost sellers out of business
89
Which of the following is the effect of imperfect competition ?
Answer
B. It leads to price that rise above cost and to consumer purchases that are reduced below efficient levels
90
When the oligopolists find it profitable to sell in each other's territory markets, then this act is known as
Answer
C. Cross-hauling
91
Spending money in socially unproductive efforts to acquire, maintain or exercise monopoly is called
Answer
B. Rent seeking
92
Why economic profit is smaller than accounting profit ?
Answer
D. All the above
93
Real GDP is calculated by using the formula
Answer
C. Nominal GDP `-:` `` ` ` GDP Deflator
94
The price support policy in India aims at
Answer
B. Increasing the prices of rice, wheat, jute, cotton, sugarcane etc. so that producers' of those goods can receive higher incomes
95
The statistical method which connects an old index number series with a revised series in order to make the series continuous is called
Answer
A. Splicing
96
If the data set contains even number of items, then median is
Answer
A. Average of two middle items
97
Which among the following is the property of regression coefficient ?
Answer
B. Correlation coefficient is the geometric mean of the two regression coefficients
98
Which among the following is a type of non-random sampling design ?
Answer
C. Both A) and B)
99
Which among the following is a feature of correlation coefficients ?
Answer
D. All the above
100
If the Lorenz curve is nearer to the line of equal distribution, the dispersion is
Answer
C. Smaller
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