Kerala PSC Previous Years Question Paper & Answer
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Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'CHIEF INTERNAL AUDITOR KSEB' And exam conducted in the year 2015. And Question paper code was '131/2015'. 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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‘Bird in hand’ argument is given by :
(4) Walker’s model (B) Gordon’s model
(0) Residual theory (D) MM Model
In case of net income approach, the cost of equity is :
(ಹಿ) Constant (B) Decreasing
(C) Increasing (D) None of the above
The personal leverage can replace corporate leverage is assumed by :
(A) Traditional approach (B) - MM Model
(C) Net income approach (D) Net operating income approach
The base value of the index of NIFTY is :
(ക) 10 (8) 50
(C) 100 (D) 1000
Cost of issuing new shares to the public is known as :
(ಯ). 008 of capital (B) Cost of equity
(C) Floatation cost (D) Marginal cost of capital
Dividend irrelevance argument of MM Model is based on :
(ಗಿ) 1880 of bonus shares (B) Issue of debentures
(C) Arbitrage (D) Hedging
If risky cash flows are recast in terms of their certainty equivalent, they should be
discounted at :
(^) The required rate of return (B) A risk-free rate of return
(C) The accounting rate of return (D) The company wide hurdle rate
According to Walter, 100% dividend is payable in :
(A) Growth firm (B) Normal firm
(0) Declining firm (D) None of the above
NOI approach advocates that the degree of debt financing is :
(A) Relevant (B) Irrelevant
(0 May be irrelevant (D) May be relevant
7 131/2015
[P.T.0]
