Kerala PSC Previous Years Question Paper & Answer

Title : LECTURER IN COMMERCE TECHNICAL EDUCATION
Question Code : A

Page:7


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'LECTURER IN COMMERCE TECHNICAL EDUCATION' And exam conducted in the year 2015. And Question paper code was '233/2015'. 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: 7 out of 12
Excerpt of Question Code: 233/2015

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A company should follow the policy of ———————— during inflation or boon period.

ക്ര 11120 ‏تمدع‎ ⋅ (18) Low gear

)0 Moderate gear 1 High and Low gear
Family pension received by family members of armed force personnel killed in an action 18
taxed under :

(A) வண (ए) Other sources

(ര Capital gain (1) Not taxable
The device or process by which a person triee to reduce tax liability ೧೯ incidence of tax
through dishonest, falsehood and illegal ways.

(ക Tax avoidance (18) 'Tax evasion

(C) Tax planning (D) Tax reduction

Sales tax is an example of :

(ಗ) Indirect tax (B) Direct tax

(0) (8) ೫4 (0) (D) Excepted from tax
Mr. Arjun running a real estate business, during the course of business, he let out properties
rented income from the properties is taxes under :

(ಯ) Salary (B) House properties

(©) Others sources _ (D) Business gain

Share of a partner in the profits of partnershiip is considered as :
(ക) Taxable income (8) 7೧07106 income
(C) Partly taxable income (D) Genuine income

The present rate of Education cess in the income tax liability of an assessee :

ಯ 3% B 1%
(0) 2% @D 5%
Salary of MP or MLA is taxed under ———————— head.
(^) விண (18) Profession
(0) DBusiness (D) Other sources

The period of 12 months commencing on the 1* day of April every year is known as :
(ಗಿ) Accounting year (൫) Previous year
(൫ Assessment year (D) Financial year

9 288/2018
[P.T.O.]

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