| Post Name | LECTURER IN COMMERCIAL PRACTICE |
|---|---|
| Department | TECHNICAL EDUCATION (POLYTECHNIC COLLEGES) |
| Question Paper Code | 036/2015/OL |
| Category Code | 416/2014 |
| Date of Test | 28 December 2015 |
| Medium of Question | ENGLISH |
| Exam Type | Online Examination |
| Total Questions | 100 |
1
Which monthly organ was published under the editorship of Parvathi Ayyappan in 1933 for the sake of women renaissance?
Answer
C. Stree
2
Who made an historic agitation at the Ooroottambalam public school for admitting a child?
Answer
D. Ayyankali
3
Jesus is subjected to the parallel figurative icon as Black Christ is related to ----------
Answer
A. PRDS
4
Who was the ruler in Travancore when the first calendar was printed that synchronized the English and Malayalam eras?
Answer
B. Swathi Thirunal
5
M'aunathul Islam Sabha was formed at Ponnani in ------------
Answer
B. 1900
6
Arrange the following events in the chronological order (i) Panthibhojanam (ii) Aruvippuram Siva Installation (iii) Samatwa Samajam (iv) Pattini Jatha
Answer
A. (iii),(ii),(i),(iv)
7
'To develop scientific temper, humanism and spirit of equality' deals in the Indian Constitution of ------------
Answer
C. Article 51-A
8
Haiku is a form of ..................
Answer
A. Japanese poetry
9
In which year constitutionally created of new States of Jharkhand, Chattisgarth and Uttaranchal?
Answer
B. 2000
10
Where is the geographical location of the central theme of the novel, Aarachar written by K R Meera?
Answer
D. Bengal
11
Which road in New Delhi is recently renamed as 'APJ Abdul Kalam Road'?
Answer
C. Aurangazeb Road
12
Whose were working as the chief editors of Yukthivadi monthly?
Answer
A. Sahodaran Ayyappan and M C Joseph
13
What is called the study and use of sound waves?
Answer
B. Acoustics
14
Who is the head of the 'Western Ghats Ecology Expert Panel'?
Answer
C. Madhav Gadgil
15
In Indian mythology, who are the parents of Lord Krishna?
Answer
B. Vasudeva and Devaki
16
'Earth Day' is celebrated every year on:
Answer
C. 22nd April
17
Rachel Carson's Silent Spring exposed the hazards of:
Answer
B. Pesticides
18
Who is the Chairperson of Kerala State Disaster Management Authority?
Answer
A. The Chief Minister of Kerala
19
Name an active volcano in India:
Answer
C. Barren Island
20
The Disaster Management Act was enacted in:
Answer
D. December, 2005
21
Exxon Valdez accident in 1989 occurred at Prince William Sound, Alaska is related to:
Answer
A. Oil pollution
22
A group, or race, within a species, having unique physical characteristics genetically adapted to particular environmental conditions are called:
Answer
D. Ecotype
23
Name the widely used bio-indicator of air pollution?
Answer
B. Lichens
24
Which is the oldest irrigation project in Kerala?
Answer
C. Peechi
25
What is the total forest cover of India's geographical area, as per 2013 assessment by FSI?
Answer
A. 21.23
26
English East India Company is an example of
Answer
C. chartered company
27
A company gets corporate identity by the process of
Answer
B. incorporation
28
A public company having share capital can start its business
Answer
B. on getting certificate of commencement of business
29
minimum number of persons required to form a public company is
Answer
D. 7
30
The document which sets out the regulations for the internal management of a company is
Answer
D. articles of association
31
persons transacting business with the company are deemed to have the knowledge of the provisions of memorandum of association and articles of association by virtue of the doctrine of
Answer
A. constructive notice
32
which among the following section in the Companies Act is related to the appointment of first directors of the company
Answer
A. section 254
33
which of the following company is not exempted from holding a statutory meeting
Answer
C. A public company having share capital
34
Which of the following business of a company can not be transacted with ordinary resolution
Answer
D. changing the name of the company
35
which among the following is not a valid ground for compulsory winding up by the tribunal?
Answer
B. Expiry of the period for which the company was formed
36
the capital of a company which shall not be called upon except in the event of winding up is called
Answer
A. reserve capital
37
Employees State Insurance (ESI) Act was passed in the year
Answer
B. 1948
38
The principle of insurance by which the rights and remedies of the insured is transferred to the insurer who has indemnified the insured is known as
Answer
A. subrogation
39
HTTP in e-commerce stands for
Answer
A. Hyper text transfer protocol
40
sufficient balance in the bank account of the card holder is necessary to make transactions using
Answer
A. debit card
41
Who emphasised the view that economics is a positive science?
Answer
A. Lionel Robbins
42
In the concept of economics as a science of choice making, _______ created choice.
Answer
D. Scarcity of resources
43
Which among the following is the branch of economic theory that deals with the problem of allocation of resources?
Answer
B. Micro economic theory
44
Freedom of choice is the advantage of
Answer
C. Capitalism
45
Demand for a good will tend to be more elastic if it exhibits which of the following characteristics?
Answer
C. The good has many substitutes available
46
Total utility is at the maximum point when:
Answer
A. Marginal utility is zero
47
Conspicuous goods are also known as
Answer
D. All of these
48
A market structure in which many firm sells products that are similar but not identical is known as
Answer
B. Monopolistic competition
49
When the monopolist divides the consumers into separate sub markets and charges different prices in these sub markets, it is known as
Answer
C. Third degree of price discrimination
50
A statistical measure based upon the entire population is called
Answer
A. Parameter
51
The number of observations falling within a group is called
Answer
A. Frequency
52
If two samples of sizes 30 and 20 have means as 55 and 60 and variances as 16 and 25 respectively, then what would be the SD of the combined sample of size 50?
Answer
B. 5.06
53
In which of the following equation the relationship between mean, median and mode is established?
Answer
D. mean − mode = 3(mean − median)
54
If the sum of squares of difference of ranks given by two judges A and B, of 8 students is 21, what is the value of rank correlation co-efficient?
Answer
B. 0.75
55
Which of the following index number satisfies circular test ?
Answer
D. None of these
56
Which among the following is not an accounting equation ?
Answer
C. Liabilities = Capital − Assets
57
According to which of the following accounting convention , the closing stock of a firm is valued at cost or market price whichever is lower ?
Answer
A. convention of conservatism
58
If purchase is Rs.1,00,000 ; opening stock Rs.25,000 ; carriage inward Rs.5,000 ; rent Rs.10,000 ; and cost of goods sold is Rs.80,000 , the amount of closing stock of the firm would be
Answer
D. Rs.50,000
59
A and B are partners sharing profits in the ratio of 2:1 ; They admit 'C' in to partnership for a fourth share.the sacrifice ratio between A and B would be
Answer
B. 2:1
60
securities premium is shown under which of the following head in the balance sheet of the company ?
Answer
C. reserves and surplus
61
A company issued 1000 share of Rs 10 each at a discount of 20%. If all money due on the shares were collected , the balance shown by the capital account of the company would be
Answer
C. Rs.10,000
62
which among the following is the purpose for which securities premium can not be utilized ?
Answer
A. redemption of preference shares
63
which among the following is not a divisible profit ?
Answer
A. forfeited shares account
64
Escrow account is related to
Answer
B. buy back of shares
65
which among the following is not a below the line item ?
Answer
D. provision for tax
66
Royalty paid on the output produced by a firm is a part of
Answer
B. prime cost
67
The Yuvadhara arts and sports club has a tournament fund Rs.40,000 which is invested in a fixed deposit account with a bank.During the current year the interest received on the investment is Rs.4,000.The tournament expenses for the year is Rs .10,000. The balance of tournament fund to be shown in the balance sheet at the end of the year would be
Answer
D. Rs.34,000
68
The followinging information are available from the books maintained by a not-for-profit organisatio. Subscription received for the year 2014 as per receipts and payment account Rs.15,000. subscription outstanding on 31-12-2014-Rs.5,000; subscription outstanding on 01-01-2014 Rs 2,000 ; subscription received in advance on 31-12-2014 is Rs.3,000.The amount of subscription to be credited to income and expenditure account for the year 2014 would be
Answer
B. Rs.15,000
69
A company issues equity shares of Rs10 each for Rs.11 per share; payable Rs 3 on application; Rs. 4 on allotment (including premium) and Rs.2 each on first call and second call.A share holder who holds one share , failed to pay the second call money and the share was subsequently forfeited.If the share is reissued at Rs.8 paid up for Rs.6 per share , the amount transferred to capital reserve is
Answer
C. Rs.6
70
The total price of a contract is RS.4,00,000;the value of work certified is Rs 2,00,000;cash received is Rs 1,00,000; and the notional profit of the contract is Rs.60,000.The profit credited to profit and loss account would be
Answer
D. Rs.20,000
71
When prior to the due date of performance, the promisor absolutely refuses to perform the contract, it is known as
Answer
D. Anticipatory breach of contract
72
A contract dependent on the happening or non happening of future uncertain event is termed as
Answer
B. Contingent contract
73
Which among the following is called an agreement not supported by consideration?
Answer
A. Nudum pactum
74
Contract of sale is
Answer
C. Both of the above
75
Breach of warranty in a contract of sale of goods gives the aggrieved party the right to
Answer
B. Claim for damages
76
Which of the following is the right of unpaid seller? 1. Right to resale 2. Right of lien 3. Right to demand back the goods 4. Right to stop the goods in transit
Answer
A. 1,2,4
77
The term sabbatical is associated with
Answer
C. Paid leave for study
78
Sec:20 of the Factories Act deals with
Answer
D. Spittoons
79
As per RBI stipulation towards banks in India regarding their business figures, ratio of 'CASA' stands for
Answer
C. Current Account and Saving Account
80
Bio metric ATMs are introduced by the banks to cater the needs of
Answer
D. Rural and illiterate people
81
In mobile banking OTP stands for
Answer
C. One-Time Password
82
Sub prime lending refers to
Answer
D. Lending to the people with less than standard credit status
83
Insurance cover for bank deposits in our country is provided by
Answer
A. DICGC
84
Cheque presented for payment after the expiry of the stipulated period is called
Answer
B. Stale cheque
85
Negotiable Instrument Act Sec: 131 protects
Answer
B. Collecting banker
86
The concept of product life cycle was popularized by
Answer
C. Theodre Levit
87
which of the following marketing strategy is suitable in times of scarcity
Answer
B. De marketing
88
grapevine communication is related to
Answer
B. informal communication
89
which of the following is not an element of directing function of management
Answer
D. co ordination
90
who among the following is considered as the father of general and administrative management ?
Answer
D. Henry fayol
91
financial decision of a firm comprises of
Answer
D. financing , investment and dividend decision
92
An effective financial management aims at
Answer
C. maximization of owner's wealth
93
which among the following is not a remedy for under capitalisation ?
Answer
C. redemption of debentures
94
which of the following is not a constituent of current liability?
Answer
A. prepaid expenses
95
The first credit rating agency in India is
Answer
B. CRICIL
96
which of the following is not an organised money market ?
Answer
B. indigenous bankers
97
OTCEL (over the counter exchange ) was started in India in the year
Answer
B. 1992
98
An option to sell security is called
Answer
C. put option
99
IDBI was set up in the year
Answer
D. 1964
100
Sale of a security that is not owned by the seller is called
Answer
D. short selling
Discussion
Ask a doubt or share a tip.
No comments yet — start the discussion.