Kerala PSC Accountant Gr. III – Kerala State Coir Corporation Limited (120-2016) Mock Test

1. Ownership expressed in terms of money is called

2. A product was sold for ₹448 at a profit of 12%. What is the cost ?

3. Capital profit is transferred to

4. Depreciation on fixed asset is provided in compliance with the accounting concept of

5. Which of the following items is recorded In he sales journal?

6. Capital A/c is a

7. Quick ratio is also called

8. A method of costing in which the fixed costs are added for inventory valuation

9. Indirect material cost is a part of

10. BEP is worked at

11. Research and Development cost is

12. Cost reduction is achieved through

13. Margin of safety x P/V ratio=

14. The auditor of a public limited company is appointed by the

15. Duties of a company auditor are defined by

16. The second important function of management is

17. The book 'The Practice of Management' was authored by

18. Strategic Planning means

19. Which of the followings is imaginary ?

20. 'POSDCORB' was coined by

21. The Consumer Protection Act was passed in

22. Which are synonymous ?

23. The term product concept was developed by

24. Which of the following is not included In the function of physical supply?

25. After sales service is a part of

26. The word 'positioning' was coined by

27. Products that consumers buy regularly with little effort are called

28. Income Tax Act was passed in

29. Remuneration paid to an MLA is taxed under the head

30. PAYE in income tax stands for

31. Which of the followings is not an indirect tax ?

32. Burden of tax can be reduced by

33. For income tax purpose, an Indian company is always

34. The method where data are collected for each item in the population is known as

35. Data taken from the 'visitors list' is

36. The concept of regression was developed by

37. Which of the followings is a positional average ?

38. In a sample based research work, the data collected for analysis are called

39. In pie diagram, 1% = ?

40. Mode is

41. The degree of relationship between two variables is called

42. IDBI Bank Ltd. is

43. NABARD was established in

44. India has the system of

45. One who deposits money in a bank becomes ____ of the bank.

46. Barter system means

47. The largest commercial bank in India is

48. A cheque becomes 'stale' after a period of

49. The modern quantity theory of money was developed by

50. Who does issue the Rupee One Note/Coin in India?

51. The RBI is not concerned with

52. The Central Bank keeps 100% gold reserves against the notes is called

53. It's best to float the equity shares in the market during

54. Capital loss arises due to

55. Who is the father of Financial Management ?

56. What is the operating leverage if fixed cost is ₹90,000 and contribution is ₹1,00,000?

57. Watered stock leads to

58. The capital structure which maximises the value of the firms is called _____ capital structure.

59. When equity is more than long term debt, the firm is said to be _____ geared.

60. Find the odd one out.

61. ______ approach is also known as matching approach.

62. The main objective of a firm is

63. Agreement is

64. An agreement to buy stolen goods is

65. Stepping into a line bus creates

66. Pledge is a part of

67. General lien is available for

68. A minor cannot be a/an

69. An agreement in restraint of the marriage of a minor is

70. Indian Partnership Act was enacted In

71. Principle of indemnity is not applicable to

72. On payment of insurance policy, the Insurer is put Into the shoes of the Insured. This principle Is called

73. Bancassurance is the insurance product of

74. In India, the whole life insurance business is administered by

75. The law of diminishing marginal utility was first stated by

76. Under perfect competition, short run equilibrium of a firm will be

77. The shape of demand curve is

78. The salient features of Indian Economy are

79. Which industry is the second largest provider of employment in India after agriculture?

80. Who is the Chairman of 'NITY AYOG'?

81. Malayavilasam which marked the beginning of modern Malayalam poetry was composed by

82. In India the Environment Protection Act came into operation in

83. One of the longest roads in Kerala NH 47 is currently renamed as

84. The Asian Nation that has joined the WTO recently as the 164th member

85. The First Girl's School of the BEM in Kerala was opened in 1839 at

86. The First International Festival on Birds was held in December 2015 at

87. Who Proclaimed Akkamma Cherian as The Jhansi Rani of Travancore ?

88. The women's Malayalam magazine Sreemathi was published from Travancore by

89. The Return of the Red Roses is the biography of

90. The Magazine Sadhujana Dootan was published by

91. The newspaper Prabhatham began to be published In 1944 by

92. The Commission which recommended for the establishment of Inter-state Council

93. The 14th Finance Commission was constituted under the Chairmanship of

94. The 100th Amendment Act of Indian Constitution relate to

95. The State which is declared as the first E-Panchayat State in India

96. The Suguna Vardhini was an organization established by

97. _____ translated Taming of the Shrew the drama of Shakespeare in to Malayalam.

98. The Kerala Vanitha Commission Bill was passed in

99. The social welfare scheme Annadayini relates to policy of giving nutritious food to

100. Which day is observed as Temple Entry Day all over Kerala as part of the Temple Entry Movement ?