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 'Stores Manager/ Manager Gr II in Handicrafts Development Corporation & Marketing Executive in KTDC' And exam conducted in the year 2021. And Question paper code was '071/2021'. 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.
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Retained earnings statement depicts
A) Appropriation of profits
C) Estimates of costs
071/21
B) Estimates of profits
D) All of these
Which of the following statement is/are correct ?
1. Financial statements are only interim reports.
2. The impact of non-monetary facts can be recorded in financial statements.
3. Certain assumptions are necessary to prepare financial statements.
4. Financial statements are prepared on the basis of realizable values.
A) 1 and 2
©) 1, 2, 38೧೮4
8) 18೧63
0) Only 1
Balance Sheet as on a particular date is prepared to find out
A) Net profit
C) Financial position
Interest on investments is considered as
A) Income
C) Asset
B) Gross profit
D) Capital
B) Expense
D) Capital
Which of the following ratio is the indicator of long term solvency of the firm ?
A) Acid test ratio
C) Time interest earned ratio
8) Debt - equity ratio
D) None of these
Which one of the following ratio is used to analyse the capital structure of the firm ?
A) Capital gearing ratio
C) Gross profit ratio
Given that,
Sales - 1,00,000
Variable cost - 40,000
Fixed cost — 20,000
Capital - 4,00,000
The P/V ratio will be
A) 20% B) 30%
B) Current ratio
D) Acid test ratio
0) 60% D) 10%