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Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'COMMERCIAL TAX OFFICER SR SC/ST COMMERCIAL TAXES' And exam conducted in the year 2015. And Question paper code was '172/2015'. 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.
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act as an intermediary to link up the sources of ideas and the sources of
fund.
(ಗಿ) Merchant banking (B) TLeasing
(C) Venture capital (D) Receivables management
Method that provides correct rankings of mutually exclusive projects, when the firm is not
subject to capital rationing :
(A) net present value (B). internal rate of return
(0) payback period (D) profitability index
A critical assumption of the Net Operating Income (NOT) approach to capital structure is :
(^) that debt and equity levels remain unchanged
(8) that dividends increage at a constant rate
(©) thatk, remains constant regardless of changes in leverage
(D) that interest expense and taxes are included in the calculation
Mr. Gomez purchased a bond at a price far below its face value, that makes no interest
payments and will be redeemed at its face value at maturity. In all likelihood, he purchased a
bond.
(ಗಿ) debenture (B) convertible
(C) indenture (D) zero-coupon
If interest rates in the overall economy decrease, the market value of a corporate bond with a
fixed interest rate will :
(A) either increase or decrease (B) the value of the bond will increase
(C) the value of the bond will decrease (D) the value of the bond will not change
Which of the following would be found in cash budget?
(ക Provision for doubtful debts (8) Depreciation
(C) Accrued expenditure (D) Capital expenditure
Identify the statement which is false in connection with capital budgeting decision :
(ക sunk costs are ignored 03) opportunity costs are excluded
(C) incremental cash flows are considered (D) irreversible decision making
Return on Investment may be improved by :
(A) increasing turnover (B) reducing expenses
(ര increasing capital utilization (D) all of the above
Suppliers and Creditors of a firm are interested in ٭
(A) Profitability Position (B) Liquidity Position
(C) Market Share Position (D) Debt Position
7 172/2015
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