Kerala PSC Previous Years Question Paper & Answer

Title : State Tax Officer
Question Code : A

Page:7


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'State Tax Officer' And exam conducted in the year 2023. And Question paper code was '025/2023'. 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.

page: 7 out of 22
Excerpt of Question Code: 025/2023

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Which of the following statements are TRUE?

]. Operating Ratio is an example of Solvency Ratio
11. Turn Over Ratios are called as Activity Ratios
111. Proprietory Ratio is calculated as Shareholder’s Funds divided by Total Assets

IV. Capital Gearing Ratio is an example of Profitability Ratio

(A) Statements I, II, II]andIVare True (B) Statements II, III and IV are True

(C) Statements I and III are True (D) Statements I and IV are True
Current Assets and Current Liabilities are Rs. 3,00,000 and 1,00,000 respectively, Current

Assets consist of Prepaid Expense of Rs. 40,000 and Closing Stock of Rs. 60,000.
Quick Ratio of the Firm is :

(^) 3:1 ൯) 1
(0) 1 (D) 2:1

Wealth maximization takes into consideration :
(A) Amount of returns expected
(B) Timing of anticipated returns
(C) Risk associated with uncertainty of returns

(D) All of the above

The NPV and IRR gives conflicting results due to:
(A) Cost of the project disparity (B) Life of the project disparity
(C) Pattern of cash flow disparity (D) Allof the above

Which of the following is not a feature of payback period method?
(^) It is very difficult to calculate
(B)_ It is simply a method of cost recovery and not of profitability
(C) It does not consider the time value of money

(D) It does not consider the risk associated with the projects

9 025/2023
[P.T.0.]

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