## Kerala PSC Previous Years Question Paper & Answer

Title : HIGHER SECONDARY SCHOOL TEACHER JUNIOR COMMERCE KERALA HIGHER SECONDARY EDUCATION
Question Code : A

Page:8

Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'HIGHER SECONDARY SCHOOL TEACHER JUNIOR COMMERCE KERALA HIGHER SECONDARY EDUCATION' And exam conducted in the year 2018. And Question paper code was '047/2018'. Medium of question paper was in Malayalam or English . Booklet Alphacode was 'A'. Answer keys are given at the bottom, but we suggest you to try answering the questions yourself and compare the key along wih to check your performance. Because we would like you to do and practice by yourself.

page: 8 out of 16
Excerpt of Question Code: 047/2018

لا الا اا الام 047/2018

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In perfect competition, the AR and MR curves are

A) Same and parallel to the X axis

B) Sams and parallel to the Y axis

C) Different and the AR curve is below to the MR curve
D) Different and the MR curve is below to the AR curve

Which theory of wages is called “Iron Law Wages” ?

A) Wages fund theory B) Subsistence theory

©) Surplus value theory D) Bargaining theory

The interval between two AGMs of a company should not be mors than
A) 12 months B) 15 months

C) 18 months D) 20 months

The relationship between equity capital and long term debt is known as
A) Capital gearing B) Capital budgsting

C) Financial leverage D) Trading on equity

What would be the market price if the next year’s dividend is 20%, required rate of
retum is 10% and the growth rate is 15% as per the constant growth model ?

A) ¥ 55 B) ¥50 0) ₹45 0) ₹40

In exchange, which floating is generally received by a bank ?

A) TRS B) CDS C) CDO D) All of these
When a monopolist divides the market into two or more groups and charges different
prices from each group, it is called price discrimination of order.

A) First B) Second C) Third D) Fourth

In which way the estimated losses that can be foreseen for a contract is treated ?
A) Ignore until they are known to be accurate with reasonable certainty

B) Write-off in the same proportion as any estimated profits are recognized

C) Write-off only if the work to which they belong is complete by 50%

D) Write-off immediately when they are estimated

In process cost computations, the cost of ending work in progress inventory is calculated on
A) The total costs to account for schedule
B) The quantities schedule
C) The computation of equivalent production
D) None of the above
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