Kerala PSC Previous Years Question Paper & Answer

Title : Lecturer in Commerce
Question Code : A

Page:15


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name ' Lecturer in Commerce' And exam conducted in the year 2023. And Question paper code was '092/2023'. 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: 15 out of 16
Excerpt of Question Code: 092/2023

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092/23

The Smithsonian agreement was signed in

A) Sydney B) Washington

C) New York D) Berlin

The first original reference of Purchasing Power Parity Theory was made by
A) David Ricardo B) Irving Fisher

C) M. Fleming D) J. T. Harvey

The level of inventory that minimises total inventory carrying and ordering costs is
known as

A) Minimum level B) Average level

C) Economic ordering quantity D) Maximum level

Which of the following are coming under derivatives ?
A) Forwards B) Futures
C) Swaps D) All the above

A systematic and detailed record of all the receipts and payments made at
international level between countries is known as

A) Balance of Trade B) Balance of Payment

C) Capital account D) Revenue account

Currency convertibility in India took place in the year
A) 1991-92 B) 1992-93
C) 2004-05 D) 2014-15

The process of attaching currency of a member country with that of foreign country
with which it undertakes larger volume of trade is known as

A) Pegging of Currencies B) Managed Floating

C) Independent Floating D) None of these

NAFTA is an international trade agreement made between
A) Canada, United States and Mexico

B) Canada, United States and Japan

C) United States, Mexico and Japan

D) Canada, United States and India

The country where the MNC is established or incorporated is termed as
A) Host country B) Home country
C) Foreign country D) None of these

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