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 'LECTURER IN COMMERCE KERALA COLLEGIATE EDUCATION' And exam conducted in the year 2014. And Question paper code was '124/2014'. 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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Income from salary of an MP is taxable under the head :
(^) Salary (ठ) Capital gain
(C) Income from other sources (D) Income from profession
Difference between GT1 and TT is due to :
(ക) Exceptions (8) Deductions (0) Concession (D) Allowances
PLA stands for :
(ക) Personal Ledger Account (B) Personal Loss Account
(8 Profit and Loss Account (D) None ല് these
Section 80 D of the IT Act 1961 deals with :
(A) Deduction of Life insurance premium
(8) Deduction of accident insurance premium
(©) Deduction of family planning premium
(D) Deduction of mediclaim premium
Service tax came into force in India w.e.f. :
(ಗೆ) 1-4-194 () 1-7-199 (9) 1-4-1995 (D) 1-7-19%
Ex-party assessment is the same as that of :
(A) Self assessment (B) Belated assessment
(C) Best judgment assessment (D) Compulsory best judgment assessment
Which of the following statement is true ?
(ಗಿ) Tax avoidance is illegal
(8) Tax management is a part of tax planning
(0) Income tax will not be considered while preparing the union budget
(D) लला percentage of sales tax on petrol 15 the revenue of the state government
In capital structure decisions, debt can be included in capital if :
(A) ROI is more than the rate of borrowing
(B) ROI is less than the rate of borrowing
)0 ROI is equal to the rate of borrowing
(D) None of these
MIS helps in :
(ಗೆ) Planning (8) Managing
(C) Decision making (D) Controlling
7 124/2014
[P.T.O.]
