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 'Deputy Finance Manager' And exam conducted in the year 2023. And Question paper code was '004/2023/OL'. Medium of question paper was in Malayalam or English . Booklet Alphacode was ''. 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.
FINAL ANSWER KEY
Question Paper 0०९; 4/2023/0L
Category Code: 066/2029
Exam: Deputy Finance Manager
Date of Test 06-01-2023
Department Kerala State Co operative Coir Marketing Federation Ltd
Alphacode A
Question1:-The excess of selling price of finished product sold by the firm over the price paid to procure
the inputs is known as
AcMargin of safety
B:-Revenue
೦:1 Addition
D:-None of these
Correct Answer: Option-C
‘Question2:-Select the correct code of the following statements being "TRUE
(i) Working capital from business operations can be determined from Profit and Loss Ac.
(il) Interest paid on debentures is an operating activity.
(ii) Cash from operations can be determined from income statement,
Acti) only
Bei) only
Calli) only
೦-40 an (i only
Correct Answer Option A
Question3-Which ofthe folowing is @ more rigorous test of the solvency postion of a business fim?
Acinterest Cover Ratio
B-Debt-Eauity Ratio
CsDebt-Service Coverage Ratio
DsAcld Test Ratio
Correct Answer: Option-C
Questions: Which ofthe following statements are CORRECT about finance function?
{) Finance Runction reconciles the potential conflicts between functional goals and
stake holder's interest
(i) The timate responsibilty for carrying out financial functions lies withthe top
iy Finance function Involves procurement and effective utzation of funds
‘and i only
உல வைல only
(i an i only
Deal the above (i), i) ana i
Correct Answer Option-D
Questions The risk ofthe actual return being below the expected returns known as
A-Retumn Risk
Be-Longevity Risk
Performance Risk
D: Downside Risk
Correct Answer: Option-D
‘Question6:-A company issues 18% irredeemable preference shares of face value Rs. 100 each. The flotation costs are estimated at 10% of the expected sales price. The cost of capital,
if the shares are issued at 10% discount is
۸:896
B:-22.22%
20%
5:96
Correct Answer:- Option ®
‘Question7:-Arrange the following financing choices in order of preference suggested by the pecking order theory in capital structure.
(i) Reinvestment of earning