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 'Finance Manager' And exam conducted in the year 2023. And Question paper code was '154/2023'. 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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Equal sums of money are invested at 3% and 6% respectively. If the income at 3%
is 250, what is the income at 6% ?
A) 500 B) 600 C) 700 D) 800
Two numbers are in the ratio 3/4. If 4 is subtracted from each they are in the ratio
5/7. Find the numbers.
A) 18 and 32 B) 24 and 32 C) 24 and 38 D) 38 and 18
When materials are procured in Economic Order Quantities, total carrying cost will
be equal to
A) Total ordering cost B) Total set up cost
C) Total purchase cost D) Total inventory cost
A cost which is already incurred and could not be reverted is known as
A) Notional cost B) Imputed cost
C) Sunk cost D) Discretionary cost
In respect of a material to be used in the manufacturing process, it is given that usage
as 250 to 500 units per week and re-order period as 8 to 12 weeks. What will be its
re-order level ?
A) 2000 units B) 3000 units C) 4000 units D) 6000 units
Under which method of pricing the issues, material consumption reflects latest market
prices ?
A) FIFO B) LIFO
C) HIFO D) Standard Price
Given that rate per hour as Rs. 20, standard time 15 hours and time taken as
10 hours. Then, what will be the total earnings of the worker under Halsey Plan ?
A) Rs. 250 B) Rs. 300 C) Rs. 400 D) Rs. 500
Which one of the following is not a preventive cost of labour turnover ?
A) Cost of providing welfare facilities
B) Cost of providing pension, gratuity, etc.
C) Cost of recruiting and training new workers
D) Cost of providing good working conditions
Which one of the following is not a method of absorbing overheads ?
A) Machine hour rate B) Labour hour rate
C) Repeated distribution D) Percentage of prime cost
Technique of inventory control which requires classification of materials based on
the speed with which it is consumed is
A) ABC analysis B) HML analysis C) VED analysis D) FSN analysis
In respect of a material, it is given that
Standard Actual
Quantity 100 kg 120 kg
Price/kg Rs. 5 Rs. 6
What will be the material price variance ?
A) Rs. 100 (A) B) Rs. 100 (F) C) Rs. 120 (A) D) Rs. 120 (F)
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