05-04-2017, 12:15 PM
ACCOUNTANT GR III - KERALA STATE COIR CORPORATION LTD.rtf (Size: 429.71 KB / Downloads: 1)
1, Ownership expressed in terms of money is called
A) Property Account B) Capital Account
C) Rea! Account D) Asset Account
2 . A product was sold for Rs 448 at a profit of 12%. What is the cost ?
A) X 502 B) X 448 C) Rs 400 D) X 394
3, Capital profit is transferred to
A) Capita! Reserve B) Reserve Capital
C) General Reserve D) Specific Reserve
4 . Depreciation on fixed asset is provided in compliance with the accounting concept of
A) Consistency B) AccrualC) Cost D) Going concern concept
5 . Which of the following items is recorded in the sales journal ?
A) Only cash safes B) Only credit sales
C) Both cash and credit sales D) None of these
6. Capital A/c is a
A) Personal Account C) Nominal Account
7. Quick ratio is also called
A) Acid test ratio C) Liquid ratio
8. A method of costing in which the fixed costs are added for inventory valuation
A) Absorption costing B) Marginal costing
C) Direct costing D) Deferred costing
9 . Indirect material cost is a part of
A) Prime cost B) Product cost
C) Variable cost D) Factory cost
10. BEP is worked at
A) Fixed cost + P/V ratio C) Fixed cost / Contribution per unit
11. Research and Development cost is
A) Production cost
C) Variable cost
12. Cost reduction is achieved through
A) Value analysis
C) Production, planning and control
13. Margin of safety x P/V ratio =
A) Sales
C) Fixed cost
B) Fixed cost + Selling price D) Fixed cost/Variable cost per unit
B) Pre-production cost D) Works cost
B) Inventory control D) All of these
B) Variable cost D) Profit
14. The auditor of a public limited company is appointed by the
A) Government B) Board of Directors
C) Shareholders D) CAG
15. Duties of a company auditor are defined by
A) The Articles of Association
B) The Memorandum of Association
C) The Companies’ Act, 1956
D) The agreement of the company with the auditor
16. The second important function of management is
A) Organising B) Staffing
C) Directing D) Controlling
17. The book The Practice of Management’ was authored by
A) P.F. Drucker 8) F.W. Taylor
C) Oliver Sheldon D) Douglas McGregor
18. Strategic Planning means
A) Short term planning B) Corporate planning
C) Decision making D) None of these
19. Which of the followings is imaginary ?
A) Mission B) Vision C) Goal D) Objective
20. 'POSDCORB' was coined by
A) F.W. Taylor B) Prahlad C) Maslow D) Gullick
21. The Consumer Protection Act was passed in
A) 1956 B) 1964 C) 1986 D) 1992
22. Which are synonymous ?
A) Market mix and marketing mix B) Marketing mix and product mix
C) Product mix and market mix D) None of these
23. The term product concept was developed by
A) Theodore Levit B) Kotler
C) Peter Drucker D) None of these
24. Which of the following is not included in the function of physical supply ? A) Standardisation B) Transportation
C) Storage D) Packaging25. After sales service is a part of
A) Core product B) Augmented product
C) Tangible product D) Fundamental product
26. The word ‘positioning’ was coined by
A) Kotler B) Peter Drucker
C) Al Reis and Jack Trout D) Rosser Reeves
27. Products that consumers buy regularly with little effort are called
A) Shopping products B) Convenience products
C) Impulse products D) Consumer products
28. Income Tax Act was passed in
A) 1956 B) 1961 C) 1966 D) 1968
29. Remuneration paid to an MLA is taxed under the head
A) Income from salary
C) Income from profession
B) Capital gainsD) Income from other sources
A) Sales tax B) Estate duty C) Customs duty D) Entry tax
32. Burden of tax can be reduced by
A) Tax avoidance B) Tax evasion
C) Tax planning D) None of these
33. For income tax purpose, an Indian company is always A) Resident B) NRI
C) Not ordinarily resident D) None of these34. The method where data are collected for each item in the population is known as
A) Census method B) Sampling method
C) Survey method D) Observation method
35. Data taken from the Visitors list’ is
A) Cluster sampling B) Quota sampling
C) Random sampling D) Judgment sampling
36. The concept of regression was developed by
A) King B) Jacques C) Galton D) Pearson
37. Which of the followings is a positional average?
A) Mean B) Mode
C) Median D) Standard Deviation
38. In a sample based research work, the data collected for analysis are called
A) Primary data B) Research data
C) Secondary data D) Field data
39. In pie diagram. 1% = ?
A) 1.8degrees B) 0.9degrees C) 3.6degrees D) 1.1 degrees
40. Mode is
A) 3 median + 2 mean B) 3 median -1
C) 3 median-2 D) 3 median+ 3
41. The degree of relationship between two variables is called
A)
Correlation B) Regression C) Variance D) Probability
45. One who deposits money in a bank becomes _ ___________ of the bank.
A) Agent B) Debtor C) Creditor D) None of these
46. Barter system means
A) Goods sold on credit B) Goods sold on cash
C) Goods sold for no consideration D) Exchange of goods for goods
47. The largest commercial bank in India is
A) SBI B) PNB C) ICICI D) HDFC
48. A cheque becomes 'stale' after a period of
A) Two years B) One year
C) Six months D) Three months
49. The modem quantity theory of money was developed by
A) Friedman B) Keynes C) Fisher D) Malthus
50.
Who does issue the Rupee One Note/Coin in India ?
52. The Central Bank keeps 100% gold reserves against the notes is called
A) Special paper money B) Managed paper money
C) Fiduciary paper money D) Representative paper money
53. It’s best to float the equity shares in the market during
A) Boom B) Recession C) Recovery D) Depression
54. Capital loss arises due to
A) Sale of current assets at a price lesser than book value
B) Sale of capital assets at a price lesser than book value
C) Depreciation
D) All of the above
55. Who is the father of Financial Management ?
A) Harold Koontz B) Ezra Solomon
C) Peter F. Drucker D) Joseph and Mazzie
56. What is the operating leverage if fixed cost is Rs 90,000 and contribution is
Rs 1,00,000 ?
A) 0.10 B) 0.90 C) 9.00 D) 10.00
57. Watered stock leads to
A) Over capitalisation B) Under capitalisation
C) Fair capitalisation D) None of the above
58. The capital structure which maximises the value of the firm is called capital structure.
A) Maximum B) Minimum C) Optimum D) None of these59. When equity is more than long term debt, the firm is said to be_______________
geared.
A) High B) Low C) Even D) Moderate
60. Find the odd one out.
A) Investment decision B) Finance decision
C) Profitability decision D) Dividend decision
61. ___ approach is also known as matching approach.
A) Hedging B) Conservative C) Trade off D) None of these
62. The main objective of a firm is
A) Sales management C) Profit maximisation
63. Agreement is
A) Consideration C) Acceptance
A
64. An agreement to buy stolen goods is
A) Void B) Voidable C) Valid D) Illegal
65. Stepping Into a line bus creates
A) Valid contract B) Void contract
C) Voidable contract D) Unenforceable contract
66. Pledge is a part of A) Consignment C) Partnership
67. General lien is available for
A) Banker B) Bailor
68. A minor cannot be a/an
A) Agent B) Partner
69. An agreement in restraint of the marriage of a minor is A) Void B) Voidable C) Valid
70. Indian Partnership Act was enacted in
A) 1932 B) 1948 C) 1956
71 .Principle of indemnity is not applicable to
A) Life insurance B) Marine insurance
C) Fire insurance D) All of these
72 .On payment of insurance policy, the insurer is put into the shoes of the insured. This principle is called
A) Mitigation of loss B) SubrogationC) Causa proxima D) Contribution
73. Bancassurance is the insurance product of
A) LIC B) Private insurance companies
C) Banks D) None of these
B) IRDA
D) None of these
74. The law of diminishing marginal utility was first stated by
A) H.H.Gossen G) J.B. Say
75. Under perfect competition, short run equilibrium of a firm will be A) MC = MR B) MC < MR
D) None of these76. The shape of demand curve is
A) Upper sloping curve from right to left
B) Down sloping curve from right to left
C) Down sloping curve from left to right
D) Upper sloping curve from left to right
77. The salient features of Indian Economy are
A) Predominance of agriculture
B) Rapid growth of population and unemployment
C) Low per capita income and capital scarcity
D) All of these
78. Which industry is the second largest provider of employment in India after agriculture ?
A) Textiles B) ChemicalsC) Transports D) Iron and steel
79. Who is the Chairman of ‘NITY AYOG' ?
A) Minister for Finance
B) Minister for Planning
C) Chairman of Finance Commission
D) Prime Minister
80. Malayaviiasam which marked the beginning of modem Malayalam poetry was composed by
A) Kunjikuttan Thampuran B) Ulloor S. Parameshwaran Nair
C) Vallathol Narayana Menon D) None of these
81. In India the Environment Protection Act came into operation in
A) 1986 B) 1964 C) 1987 D) 1985
82. One of the longest roads in Kerala NH 47 is currently renamed as
A) NH44 B) NH66 C) NH544 D) NH766
83. The Asian Nation that has joined the WTO recently as the 164th member
A) Pakistan B) Afghanistan
C) Myanmar D) Nepal
84. The First Girl's School of the BEM in Kerala was opened in 1839 at
A) Vadakara B) Kallayi
C) Kasargod D) Nettur
85. The First International Festival on Birds was held in December 2015 at
A) Rajastan B) Uttar Pradesh
C) Kerala D) West Bengal
86. Who Proclaimed Akkamma Cherian as The Jhansi Rani of Travancore ?
A) K. Kelappan
B) Sri Chithira Thirunal Balarama Varma
C) Pattom Thanu Pilla
D) None of these
87. The women's Malayalam magazine Sreemathi was published from Travancore by
A) K.V Kuttimalu Amma B) Anna Chandi
C) Ammu Swaminathan D) Parukutti Amma
88. The Return of the Red Roses is the biography of
B) Vijayalakshmi Pandit D) Anna Chandi
89. The Magazine Sadhujana Dootan was published by
90. The newspaper Prabhatham began to be published in 1944 by
A) Moorkkoth Kumaran
C) C. Krishnan
91. The Commission which recommended for the establishment of Inter-state Council
A) Sarkaria Commission
B) N.N. Vohra Commission
C) K.C. Niyogi Commission
D) Balwant Rai Mehta Commission
92. The 14th Finance Commission was constituted under the Chairmanship of
A) Vijay Kelker B) A.M Khusro
C) K.C. Pant D) Y.V. Reddy
93. The 100th Amendment Act of Indian Constitution relate to
A) Boundary Agreement
B) Black Money
C) Judicial Appointment Commission
D) Tax on Goods and Services
94. The State which is declared as the first E-Panchayat State in India
A) Gujarat B) Maharashtra
C) Punjab D) Uttar Pradesh
95. The Suguna Vardhsni was an organization established by
A) Arattupuzha Velayudha Panikkar
B) Agamananda Swamikal
C) Kumbalathu Sanku PiIla
D) Ayyathan Gopalan
96. translated Taming of the Shrew the drama of Shakespeare in to
Malayalam.
A) K C. Kesava Pilla
B) Kandathil Varghese Mappila
C) Ikkavu Amma
D) C.V. Raman Pilla
96. The Kerala Vanitha Commission Bill was passed in
A) 1901 B) 1996 C) 1995 D) 1992
99. The social welfare scheme Annadayini relates to policy of giving nutritious food to
A) Tribal people
B) Pregnant tribal women
C) School children
D) Endosulphan Victims
100. Which day is observed as Temple Entry Day all over Kerala as part of the Temple Entry Movement ?
A) 1 October 1931 B) 1 November 1931C) 1 January 1932 D) None of these