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 ' Lecturer in Commercial Practice (Polytechnics)' And exam conducted in the year 2023. And Question paper code was '155/2023/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-D
Question19:-Which of the following is an assumption of Miller-Modigliani Dividend
Irrelevance hypothesis?
(1) Investors are irrational
(11) No taxes
(111) Flotation Cost
(iv) Investors are able to forecast future prices and dividend with certainty
A:-Statements i and ii are correct
B:-Statements i and iii are correct
C:-Statements ii and iv are correct
D:-Statements ii and iii are correct
Correct Answer:- Option-C
Question20:-What should be the cost of Retained earnings?
A:-Cost of equity capital
B:-Tax
C:-Brokerage Cost
D:-All the above
Correct Answer:- Option-D
Question21:-Which of the following statements are correct?
(i) Operating Leverage provides the relationship between EBIT and EPS
(11) operating Leverage is used to enhance the profitability of the company
(iii) Leverage arises due to the presence of Fixed cost options
A:-Statements i and ii are correct
B:-Statements i and iii are correct
C:-Statements ii and iii are correct
D:-All the statements are correct
Correct Answer:- Option-C
Question22:-Y Ltd issues Rs. 50,000 8% debentures at a premium of 10%. The tax
rate applicable to the company is 60%. Compute the cost of debt capital?
A:-2.91%
B:-29.1%
C:-3.01%
D:-1.02%
Correct Answer:- Option-A