Kerala PSC Previous Years Question Paper & Answer

Title : SUPERINTENDENT FINANCE KERALA AGRO MACHINERY CORPORATION LTD
Question Code : A

Page:4


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'SUPERINTENDENT FINANCE KERALA AGRO MACHINERY CORPORATION LTD' And exam conducted in the year 2015. And Question paper code was '367/2015'. 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: 4 out of 11
Excerpt of Question Code: 367/2015

Correct Answer:- Option-C
Question29:-Rate of underwriting commission should not exceed
A:-2%% of the issue price of shares
B:-5% of the issue price of shares
C:-5% of the market price or 2%% of the issue price of shares whichever is less
D:-2%:% of the market price or 5% of the issue price of shares whichever is less
Correct Answer:- Option-B
Question30:-Open underwriting is an agreement for underwriting
A:-The whole issue of shares or debentures
B:-A part of the whole shares or debentures
C:-Shares or debentures not subscribed by the public
D:-To buy a fixed number of shares or debentures
Correct Answer:- Option-C
Question31:-Which of the following is not an intangible asset 7
A:-Goodwill
B:-Computer software
C:-Copy rights and patents
D:-None of the above
Correct Answer:- Option-D
Question32:-Which of the following is not classified as 'Inventories' ?
A:-Work-in-progress
B:-Stores and spares
C:-Loose tools
D:-None of the above
Correct Answer:- Option-D
Question33:-Which of the following can be ignored for paying dividend out of revenue profit 7
A:-Arrears of depreciation
B:-Accumulated losses (95555 during earlier years)
C:-Transfer a certain percentage of profit to reserves
D:-None of the above
Correct Answer:- Option-D
Question34:-Which of the following is an objective of Intemal Reconstruction 7
A:-For eliminating competition
B:-For eliminating fictitious assets
C:-For securing larger share in the market
D:-All the above
Correct Answer:- Option-B
Question35:-Which of the following is not നടാ for debenture issue 7
A:-Debentures can be issued for cash
B:-Debentures can be issued in lieu of dividend
C:-A company can buy its own debentures
D:-Debentures can be issued for consideration other than cash
Correct Answer:- Option-B
Question36:-Which of the following is not miscellaneous expenditure 7
A:-Preliminary expenses
B:-Research and Development expenditure
C:-Brokerage on issue of shares
D:-Goodwill yet to be written off
Correct Answer:-Question Cancelled
Question37:-Which of the following will affect the trial balance 7
A:-Loan given to employee was accounted as salary paid
B:-Repairs to building debited to Building A/c
C:-Sales retumn was accounted as purchase
D:-None of the above
Correct Answer:- Option-D
Question38:-Payout ratio indicates as to
A:-What proportion of net profit has been used for paying dividend 7
B:-What proportion of revenue has been used for meeting expenses 7
C:-What proportion of eamings per share has been used for paying dividend 7

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