Kerala PSC Previous Years Question Paper & Answer
Page:7
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 '119/2023/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.
Correct Answer:- Option-A
Question31:-Given that the cost of an article is Rs. 25,000 and CGST paid by the
owner is Rs. 2,250. The rate of GST is
A:-9%
B:-10%
C:-15%
D:-18%
Correct Answer:- Option-D
Question32:-As per GST rules which of the following set off is not permitted
A:-IGST against IGST, CGST, SGST on inputs
B:-CGST against SGST on inputs
C:-SGST against IGST and SGST on inputs
D:-CGST against IGST and CGST on inputs
Correct Answer:- Option-B
Question33:-Which of the following is/are included in the definition of "Goods" as
defined under section 2(52) of the CGST Act 2017
(0) Money
(11) Actionable claim
(iii) security
(iv) Growing crops
A:-(iv) only
B:-(ii) and (iii)
C:-(ii) and (iv)
D:-(i) and (ii)
Correct Answer:- Option-C
Question34:-A ladt received gifts worth Rs. 1,00,000 from her relatives as defined
under the income Tax Act 1961 and Rs. 60,000 from her office colleagues in her
marriage anniversary. The taxable amount of gift would be
A:-Rs. 60,000
B:-Rs. 1,60,000
C:-Rs. 40,000
D:-Rs. 1,10,000
Correct Answer:- Option-A
Question35:-After reissue of forfeited share the balance of forfeited account will be
transferred to
A:-Share capital account
B:-Capital Reserve Account
C:-Shareholder's account
D:-General reserve A/c