Kerala PSC Previous Years Question Paper & Answer

Title : Lecturer in Commercial Practice (Polytechnics)
Question Code :

Page:13


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.

page: 13 out of 21
Excerpt of Question Code: 155/2023/OL

A:-Rs. 2,50,000
B:-Rs. 3,00,000
C:-Rs. 5,00,000
D:-Rs. 4,00,000
Correct Answer:- Option-B

Question58:-As per Income tax Act, Income under Section 2(24) include

(i) Profit of any business caused on by a person

(11) Any advance money forfeited in the course of negotiations for transfer of
capital Asset

Choose the correct option

A:-Both (i) and (ii) included
B:-Only (i) included

C:-Only (ii) included
D:-Neither (i) not (ii) included
Correct Answer:- Option-A

Question59:-Which of the following would be included in the description of "Goods"
under section 2(52) of the GST Act 2017

(i) Equity Shares

(ii) Growing crops

(111) Auctionable Claim

(iv) Money

A:-(i) only

B:-(ii) and (iv) only

C:-(iv) only

D:-(ii) and (iii) only

Correct Answer:- Option-D
Question60:-GST is levied on supply of all goods and services except

A:-Tobacco

B:-Health Care services

C:-Alcoholic liquor for human consumption

D:-All of the above

Correct Answer:- Option-C

Question61:-Which group of consonants flow into union with other consonants and
make double consonants?

A:-Aspirate
B:-Coalescents
C:-Liquids
D:-Nasals

Correct Answer:- Option-C

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