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 Manager (Finance Accounts and Secretarial)' And exam conducted in the year 2024. And Question paper code was '12/2024/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.
D:-All of the above
Correct Answer:- Option-D
Question64:-Which of the following statements are correct
Statement 1 : Amount received from Statutory Provident Fund on retirement by a
government employee is fully exempt from tax
Statement 2 : Encashment of earned leave after retirement by a government
employee is fully exempt from tax
A:-only statement 1 is correct
B:-only statement 2 is correct
C:-both 1 and 2 are correct
D:-neither 1 nor 2 are correct
Correct Answer:- Option-C
Question65:-The basis of income from house property is
A:-Annual Value
B:-Standard Rent
C:-Municipal Value
D:-Fair Rental Value
Correct Answer:- Option-A
Question66:-The maximum rent which a person can legally recover from his tenant
under the Rent Control Act is
A:-Standard Rent
B:-Fair Rent
C:-Municipal Value
D:-Actual rent
Correct Answer:- Option-A
Question67:-Following is an expense disallowed under Profits and Gains from
business
A:-Loss on robbery, dacoity an embezzlement of cash
B:-Interest on borrowed capital
C:-Wealth Tax
D:-Expenses in connection with Income tax proceedings
Correct Answer:- Option-C
Question68:-Capital assets includes :
A:-Stock in Tade
B:-Deposit certificates issued under the Gold Monetisation Schems, 2015
C:-Special Bearer Bonds
D:-None of the above
Correct Answer:- Option-D