Kerala PSC Accountant/ Cashier/ Jr. Audit Assistant etc. in KTDC/ KSIDC/ MATSYAFED etc. (108/2021) Mock Test

1. When debentures are issued as a collateral security, Debenture Suspense Account is :

2. Which of the following is correct?

3. Income tax paid by Mr. A to Rs. 3,000. The accounting treatment is :

4. Donation received for special purpose should be :

5. Second hand furniture worth Rs. 6000 was purchased. It was repaired for Rs. 600 and
installed by workmen to whom Rs. 200 was paid as wages. The furniture should be
capitalised for :

6. If the amount of any known liability can be determined with substantial accuracy :

7. When closing capital is greater than opening capital, it denotes :

8. The total sum payable by the hirer under a hire purchase agreement in order to complete the
purchase of or acquisition of property in the goods is known as :

9. Equity shares issued at a discount or for consideration other than cash for providing know
how or making available rights in the nature of intellectual property rights or value addition
are known as :

10. A bill of Exchange must be :

11. When an underwriter agrees to buy a definite number of shares or debentures in addition to
the shares or debentures he has to take under the underwriting agreement, it is known as :

12. Net payment method is used to calculate :

13. Surplus Account (negative balance) is transferred by the vendor company at the time of
absorption to :

14. When Statutory Reserve of the Vendor company is maintained by the Purchasing Company,
then Purchasing Company gives debit to :

15. Which of the following should be deducted from the share capital to find out paid up capital?

16. Capital gearing ratio denotes the relationship between :

17. 50000 equity shares of Rs. 10 each issued at Rs. 20, for the purpose of redemption of
preference share capital amounting Rs. 750000. How much amount will be transferred to
capital redemption reserve?

18. As per AS-14 Purchase Consideration is what is payable to :

19. Discount on issue of share is :

20. That part of Share capital which can be called up only on the winding up of the company :

21. The process of collecting cost data through an accounting system is known as :

22. Prime cost plus Factory Overhead cost is :

23. Basic objective of Cost accounting is :

24. Warehouse rent is a part of :

25. In the context of standard costing basic standard is established for :

26. A variable such as activity that causes cost over a given time :

27. The cost that is irretrievable by managerial actions and not relevant to current decision
making :

28. The value of benefit sacrificed in favour of an alternative course of action is :

29. Reorder quantity 2000 units, Lead time 4-8 weeks, Usage – maximum 500 units per week,
Normal usage 400 units per week, Minimum usage 300 units per week. The maximum stock
level is :

30. The method of recording the employee time that will be paid by the firm is known as :

31. Who is the founder of modern motion study technique?

32. Process of studying and assessing relative values of job is known as :

33. Under Halsey plan bonus is paid :

34. Contract costing is the most appropriate method of costing for :

35. Which of the following statements is/are not correctly matched?

36. Which costing method is appropriate for Cement industry?

37. Cost reduction demands :

38. Anything for which a separate measurement of cost is desired is :

39. Costs incurred for a period and within certain limits of activity level and tend to be
unaffected by fluctuations in the activity level are known as :

40. Over absorption in overhead in cost accounts results in :

41. Unitary elasticity of demand is :

42. Calculate elasticity of demand when a 60% increase in the price of rice, causes the amount of
rice you buy to fall by 120% :

43. Which one is not a type of demand?

44. The various degrees of price elasticity of demand can be shown on a single demand curve as
per which one of the following?

45. The difference between the lower limit and upper limit of the class is known as :

46. Non sampling error occur at the time of :

47. Chi–square is to be applied only, when the individual observations of sample are :

48. Which one of the following is the first generation language?

49. Railway Reservation is an example of which type of processing?

50. The Operating system is stored on the ––––––––––– of the Computer System.

51. Father of modern management is :

52. Unity of objective principle states that there should be :

53. Grapevine is associated with :

54. Which leadership theory focuses on actions of leaders not on mental qualities or internal
states?

55. The strongest determinant of demand is :

56. Which one of the following element is not in the marketing mix?

57. The process of dividing potential market into distinct sub markets of consumers with
common needs and characteristics is known as :

58. One Criterion that should always be applied to market segmentation is :

59. An analytical technique which facilitates dividing a market in to segments is :

60. The model that assumes buyer is a rational man and his buying decisions are totally
governed by the concept of utility :

61. Annual report on currency and finance is published by :

62. Lead Bank scheme introduced in :

63. XIM Bank is owned by :

64. E-Banking is Synonymous with :

65. Tax charged firstly in India in :

66. Income from subletting of House Property is taxable under the head :

67. The rate of taxation that does not discriminate rich and poor is known as :

68. Dividend paid by an Indian Company outside India is :

69. Form issued for TDS on Salary is :

70. Tax hedging within the frame of law is known as :

71. Conversion cost is equal to the total of :

72. Overheads collected for a period are allocated or apportioned to various production and
service departments are known as :

73. Which of the following is correct at break even point?

74. Cash from Operation is equal to :

75. Pareto Analysis is related to :

76. If margin of safety is Rs. 240000 (40% of sale) and P/V ratio is 30%, the Break even Sales will
be :

77. The budgeted variable overheads for March are Rs. 3840. Budgeted production for the month
is 38400 units. The actual variable overheads incurred were Rs. 3830 and actual production
was Rs. 38640 units. Variable Production overhead variance is :

78. In FNSD Analysis N stands for :

79. Back flush Accounting System is related to :

80. Clientele effect is related to :

81. A program that has capability to infect other programs and make copies of itself and spread
into other programs is called :

82. Which agency made the investigation related to India’s First Cyber Crime Conviction?

83. An intermediate between computer hardware and software is :

84. First Computer virus is known as :

85. Which one of the following is not a linear data structure?

86. Which one is the first search engine in internet?

87. In computer terminology, OCR stands for :

88. Key of keyboard which is used to get back to beginning of a document is called :

89. Scanner incorporates a special sort of camera which is made up of :

90. Which of the following is a cyber crime?

91. Which of the following statements are written by 'Gandhiji' about the Temple Entry
Proclamation?

(i) The action has been long overdue. But better late than never
(ii) The Proclamation should have no political significance, as it has none
(iii) The right of entering temples abolishes untouchability at a stroke
(iv) Reformers should see to it that Harijans enter these temples after proper ablutions and
in a clean condition.

92. Consider the following statements about the social reform activities of Vaikunda Swamikal,
K. Ayyappan, Vagbhatananda and Mannathu Padmanabhan :

(i) All of them supported inter-dining for the eradication of caste system
(ii) All of them supported inter-marriage for the promotion of friendship among different communities
(iii) All of them founded organisations to promote social reform
(iv) All of them used journalistic platform to intervene in the social reform process

Which of the above statements are correct?

93. Identify the literary work which NOT carries message against the feudal system :

94. Which of the following group of newspapers actively reported the happenings of Vaikom
Satyagraha?

95. Given below are two statements, one labelled Assertion (A) and the other labelled Reason (R) :

Assertion (A): The resistance of Namboodiri women, the highest in the caste hierarchy,
take on forms that are more closely interlinked with the radical social
reform within the caste.

Reason (R): Both Parvathy Nenmenimangalam and Lalithambika Antarjanam
critiqued the male social reformers and argued that they are trying to
establish women as feeble.

From the above statements, find out the correct answer given below :

96. The Census of 1931 (Travancore) stated that “Most of them (i.e. the communities) have
organised association on caste or communal lines for the betterment of their social, economic,
religious or political conditions”. Which one of the following organisations is not mentioned in
the report?

97. Consider the following statements about the social reform movements :

(i) The reform movement of NSS was pioneered in the field of marriage and law of
inheritance.
(ii) Yogakshema Sabha appointed a Women’s Education Commission headed by
V T Bhattathiripad.
(iii) SNDP Yogam organised an industrial and agricultural exhibition as part of its second
annual general meeting
(iv) SJPS published a monthly magazine, Sadhujana Paripalini, the earliest magazine by
the Dalit community in Travancore

Which of the above statement (s) is (are) factually incorrect?

98. Consider the following poetic articulations :

(1) In one of his poems, the poet makes the King say that “Caste has no sanctions either in
religion or in Codes of social morality”

(2) The sight of a tied pulaya girl with a heavy grass bundle on her head made the poet to
think that her social position was beneath even that of grass.

(3) A Nair restrains the untouchables to fetch water from the well even to extinguish the
fire that was consuming his own house, the poet sarcastically comments: “You have
saved your priceless caste.”

Identify the poets form the following codes :

99. Given below are some of the contributions of Christian missionary groups in Kerala :

(i) Founding of schools for the girls
(ii) Establishment of printing press
(iii) Starting of Industrial Schools
(iv) Founding of Industrial/commercial establishments

Which of the above are true about the activities of the Basel Evangelical Mission ?