Kerala PSC Previous Years Question Paper & Answer

Title : COMPANY SECRETARY CUM FINANCE MANAGER
Question Code : A

Page:10


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'COMPANY SECRETARY CUM FINANCE MANAGER' And exam conducted in the year 2019. And Question paper code was '054/2019/OL'. 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: 10 out of 12
Excerpt of Question Code: 054/2019/OL

Correct Answer:- Option-D

Question82:-Shareholders can authorize buy back
financial year.
A:-By resolution upto 10%
B:-By resolution upto 25%
:-By special resolution upto 10%
D:-By special resolution upto 25%
Correct Answer:- Option-D

Question83:-Credit terms are 2/10, Net 30. 25% of the credit customers avail cash discount facility. Average collection
period will be

A:-2 days

B:-10 days

C:-25 days

D:-30 days

Correct Answer:- Option-C
Question84:-Government Bond is a
A:-Short term security
-Medium term security

C:-Long term security

D:-Any of three

Correct Answer:- Option-C
Question85:-Current ratio is 2:1. What will be the effect on current ratio if bills receivable is endorsed to creditors

A:-Improve

B:-Decline

C:-No effect

D:-Cannot be determined

Correct Answer:- Option-A

Question86:-..... is a legal concept that gives courts the power to interpret the terms of a will, gift, or charitable trust so that
unused funds could flow to the next best beneficiary.

A:-Doctrine of Eclipse

B:-Doctrine of Cypres

C:-Doctrine of Nullification
D:-Doctrine of Indoor Manaagement
Correct Answer:- Option-B

Question87:-..... is the practice of funding a project or venture by raising small amounts of money from a large number of
people, usually through the Internet.

A:-Crowd funding
B:-Payment bank
C:-Small funding
D:-Private placement
Correct Answer:- Option-A
Question88:-..... takes into account loopholes of law
A:-Tax planning
-Tax avoidance
C:-Tax evasion
D:-Tax Management
Correct Answer:- Option-B

Question89:-A registered person cannot move goods without an e-way bill when a movement of goods is of more than...... in
value

A:-Rs.50,000

B:-Rs.25,000

C:-Rs.5,000

D:-Rs.2,500

Correct Answer:- Option-A

Question90:-..... is a negotiable money market instrument and is issued in dematerialized form or as a Usance Promissory
Note, against funds deposited at a bank or other eligible financial institution for a specified time period.

A:-Certificates of Deposit
B:-Commercial Paper

C:-Interbank participation certificate
D:-Repo instrument

of the total paid-up capital and free reserves of the company ina

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