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Accountant Grade III,Kerala State Coir Corporation-2016

 

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0. The Return of Red Roses is the biography of
Captain Lakshmi
Vijayalakshmi Pandit
Indira Gandhi
Anna Chandi
1. Ownership expressed in terms of money is called
Property Account
Capital Account
Real Account
Asset Account
2. A product was sold for Rs.448 at a profit of 12% .What is the cost?
Rs.502
Rs.448
Rs.400
Rs.394
3. Capital Profit is transfered to
Capital Reserve
Reserve Capital
General Reserve
Specific Reserve
4. Depreciation on fixed asset is provided in compliance with the accounting concept of
Consistency
Accural
Cost
Going concern concept
5. Which of the following item is recorded in the sales journal?
Only cash sales
Only credits sales
Both cash and credit sales
None of the above
6. Capital A/cis a
Personal Account
Real Account
Nominal Account
None of these
7. Quick ratio is also called
Acid test ratio
Near money ratio
Liquid ratio
All of these
8. A method of costing in which the fixed costs are added for inventory valuation
Absorption costing
Marginal Costing
Direct Costing
Deffered costing
9. Indirect material cost is a part of
Prime cost
Product cost
Variable cost
Factory cost
10. BEP is worked at
Fixed cost+P/V ratio
Fixed cost+Selling price
Fixed cost/Contribution per unit
Fixed cost/Variable cost per unit
11. Research and Development cost is
Production cost
Pre-production cost
Variable cost
works cost
12. Cost Reduction is achieved through
Value analysis
Inventory control
Production,planning and control
All of these
13. Margine of safety*P/V ratio =
sales
Variable cost
Fixed cost
Profit
14. The auditor of a public limited company is appointed by the
Government
Board of Directors
Shareholders
CAG
15. Duties of a company auditor are defined by:
The Articles of Association
The Memmorandum of Association
The Companies Act,1956
The agreement of the company with the auditor
16. The second important function of management is
Organising
Staffing
Directing
Controlling
17. The book "The Practice of management" was authored by
P.F. Drucker
F.W.Taylor
Oliver Sheldon
Douglas McGregor
18. Stratagic Planning means
Short term planning
Corporate planning
Descision making
None of these
19. Which of the following is imaginary?
Mission
Vision
Goal
Objective
20. POSDCORB was coined by
F.W.Taylor
Prahlad
Maslow
Gullick
21. The Consumer Protection Act was passed in:
1956
1964
1986
1992
22. Which are synonimous?
Market mix and marketing mix
Marketing mix and product mix
Product mix and market mix
None of these
23. The term product concept was developed by
Theodore Levit
Kotler
Peter Drucker
None of these
24. Which of the following is not included in the function of physical supply?
Standardisation
Transportation
Storage
Packaging
25. After sales service is a part of
Core product
Argumented product
Tangible product
Fundamental product
26. The word 'positioning' was coined by?
Kotler
Peter Drucker
Al Reis and Jack Trout
Rosser Reeves
27. Products that consumers buy regularly with little effort are called
Shopping products
Convenience products
Impulse products
Consumer products
28. Income Tax Act was passed in
1956
1961
1966
1968
29. Remuneration paid to an MLA is taxed under the head
Income from salary
Capital gains
Income from profession
Income from other profession
30. PAYE in incometax stands for
Advance payment of tax
Payment of tax by the employer
Exemption from payment of tax
None of these
31. Which of the followings is not an indirect tax?
Sales tax
Estate tax
Customs duty
Entry tax
32. Burden of tax is reduced by
Tax avoidance
Tax evasion
Tax planning
None of these
33. For income tax purpose,an Indian company is always
Resident
NRI
Not ordinarily resident
None of these
34. The method where data are collected for each item in the population is known as:
Census method
sampling method
survey method
Observation method
35. Data taken from the 'visitors lists' is
Cluster sampling
Quota sampling
Random sampling
Judgement sampling
36. The concept of regression was developed by
King
Jacques
Galton
Pearson
37. Which of the following is a positional average?
Mean
Mode
Median
Standard Deviation
38. In a sample based research work ,the data collected for analysis are called?
Primary data
Secondary data
Field data
Standard Deviation
39. In pie diagram,1%=?
1.8 degrees
0.9 degrees
3.6 degrees
1.1 degrees
40. Mode is
3 median + 2 mean
3 median - 1
3 median - 2
3 median + 3
41. The degree of relationship between two variables is called
correlation
regression
variance
probability
42. IDBI Bank Ltd. is
Development bank
Commercial bank
NBFI
None of these
43. NABARD was established in
1972
1982
1984
1986
44. India has the system of
Branch banking
Unit banking
Chain banking
None of these
45. One who deposits money in a bank becomes--of the bank
Agent
Debtor
Creditor
None of these
46. Barter system means
Goods sold on credits
Goods sold on cash
Goods sold for no consideration
Exchange of goods for goods
47. The largest commercial bank in India is:
SBI
PNB
ICICI
HDFC
48. A cheque becomes 'stale' after a period of
two years
one year
six months
three months
49. The modern quantity theory of money was developed by
Frieddman
Keynes
Fisher
Malthus
51. The RBI is not concerned with
Framing the Fiscal Policy
Framing the Monitory Policy
Note issue
Control of credit
52. The central Bank keeps 100% gold reserves against the notes is called
Special paper money
Managed paper money
Fiduciary paper money
Representative paper money
53. It’s best to float the equity shares in the market during
Boom
Recession
Recovery
Depression
54. Capital loss arises due to
Sale of current assets at a price lesser than book value
Sale of capital Asset at a price lesser than book value
Depreciation
All of the above
55. Who is the father of Financial Mangement?
Harold Koontz
Ezra Solomon
Peter F.Drucker
Joseph and Mazzie
56. What is the operating leverage if fixed cost is Rs.90,000 and contribution is Rs.1,00,000?
0.10
0.90
9.00
10.00
57. Watered stock leads to
Over capitalisation
Under capitalisation
Fair capitalization
None of the above
58. The Capital structure which maximizes the value of the firm is called -------- capital structure
Maximum
Minimum
Optimum
None of these
59. When equity is more than long term debt,the firm is said to be______geared
High
Low
Even
Moderate
60. Find the odd one out
Investment decision
Finance decision
Profitability decision
Dividend decision
61. ________ approach is also known as matching approach
Hedging
Conservative
Trade off
None of these
62. The main objective of a firm is
Sales management
Inventory management
Profit maximization
Wealth maximization
63. Agreement is
Consideration
Offer
Acceptance
Both (b)and(c)
64. An agreement to buy stolen goods is
Void
Voidable
Valid
Illegal
65. Stepping into a line bus creates
Valid contract
Void contract
Voidable contract
Unenforceable contract
66. Pledge is a part of
Consignment
Bailment
Partnership
Lease
67. General Lien is available for
Banker
Bailor
Tailor
None of these
68. A Minor cannot be a an
Agent
Partner
Payee
None of these
69. An agreement in restraint of the marriage of a minor is
Void
Voidable
Valid
Illegal
70. Indian Partnership Act was enacted in
1932
1948
1956
1964
71. Principle of indemnity is not applicable to
Life insurance
Marine insurance
Fire insurance
All of these
72. On payment of Insurance policy,the insurer is put into the shoes of the insured.This principle is called
Mitigation of loss
Subrogation
Causa proxima
Contribution
73. Bancassurance in the insurance product of
LIC
Private Insurance companies
Banks
None of these
74. In India,the whole life insurance business is administered by
LIC
IRDA
RBI
None of these
75. The law diminishing marginal utility was first stated by
H.H.Gossen
J.R.Hicks
J.B.Say
Marshall
76. Under perfect competition,short run equilibrium of a firm will be
MC=MR
MC
MC>MR
None of these
77. The shape of demand curve is
Upper sloping curve from right to left
Down sloping curve from right to left
Down sloping curve from left to right
Upper sloping curve from left to right
78. The salient features of Indian Economy are
Predominance of agriculture
Rapid growth of population and unemployment
Low per capita income and capital scarcity
All of these
79. Which industry is the second largest provider of employment in India after agriculture?
Textiles
Chemicals
Transports
Iron and steel
80. Who is the Chairman of’NITI AYOG’?
Miniser for Finance
Minister for planning
Chairman of Finance Commission
Prime Minister
81. Malayavilasam which marked the beginning of modern Malayalam poetry was composed by
Kunjikuttan Thampuran
Ulloor S.Parameshwaran Nair
Vallathol Narayana Menon
None of these
82. In India the Environment Protection Act came into operation in
1986
1984
1987
1985
83. One of the longest roads in Kerala NH 47 is currently renamed as
NH 44
NH 66
NH 544
NH 766
84. The Asian Nation that has joined the WTO recently as the 164th member
Pakistan
Afghanistan
Myanmar
Nepal
85. The First Girl’s School of the BEM in Kerala was opened in 1839 at
Vadakara
Kallyai
Kasargod
Nettur
86. The First International Festival on Birds was held in December 2015 at
Rajastan
Uttar Pradesh
Kerala
West Bengal
87. Who Proclaimed Akkamma Cherian as the Jhansi Rani of Travancore?
K.Kelappan
Sri Chithira Thirunal Balarama Varma
Pattom Thanur Pilla
None of these
88. The women’s Malayalam magazine Sreemathi was published from Travancore
K.V.Kuttimalu Amma
Anna Chandi
Ammu Swaminathan
Parukutti Amma
90. The Magazine Sadhujana Dootan was published by
Pampadi John Joseph
K.P.Vellon
Pandit K.Karuppan
Sahodaran Ayyappan
91. The newspaper Prabhatham began to be published in 1944 by
Moorkkoth Kumaran
T.K.Joseph
C.Krishnan
None of these
92. The Commission which recommended for the establishment of inter state Council
Sarkaria Commission
N.N.Vohra Commission
K.C.Niyogi Commission
Balwant Rai Mehta Commission
93. The 14th Finance Commission was constituted under the Chairmanship of
Vijay Kelkar
A.M.Khusro
K.C.Pant
Y.V.Reddy
94. The 100th Amendment Act of Indian Constitution relate to
Boundary Agreement
Black money
Judicial Appointment Commission
Tax on Goods and Services
95. The State which declared as the first E-panchayat State in India
Gujarath
Maharashtra
Punjab
Uttar Pradesh
96. The Suguna Vardhini was an organization established by
Arattupuzha Velayudha Panikkar
Agamananda Swamikal
Kumbalathu Sanku Pillai
Ayyathan Gopalan
97. __________translated Taming of the Shrew the drama of Shakespeare in Malayalam
K.C.Kesava Pillai
Kandathil Varghese Mappila
Ikkavu Amma
C.V.Raman Pilla
98. The Kerala vanitha Commission bill was passed in
1991
1996
1997
1992
99. The social welfare scheme Annadayini related to policy of giving nutritious
Tribal people
Pregnant tribal women
School children
Enosulphan Victims
100. Which day is observed as Temple entry Day all over kerala as Temple Entry Movement
1 October 1931
1 November 1931
1 January 1932
None of these