Kerala PSC Previous Years Question Paper & Answer

Title : Branch Manager - District Co-operative Bank
Question Code : A


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'Branch Manager - District Co-operative Bank ' And exam conducted in the year 2022. And Question paper code was '035/2022'. 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: 8 out of 16
Excerpt of Question Code: 035/2022


43. A business transaction is having nature.

A) Monitory B) Financial C) Economic D) All of these
44. Accounting gives the to record all transactions.

A) Classification B) Process C) Money D) Framework

45. Identify the accounting concept followed by a business which creates provisions for
certain types of contingencies that may happen in near future but does not anticipate
any future profit.

A) Money Measurement Concept B) Conservatism Concept
C) Full Disclosure Concept D) Duel Aspect Concept
46. are generally accepted rules and assumptions that assist accountants in the
preparation of financial statements.
A) Accounting Principles B) Accounting Conventions
C) Accounting Concepts D) None of these
47. is the first step of accounting process.
A) Journalising B) Posting to Ledger
C) Analysing and Interpretation D) Vouching
48. of the following is not an objective of accounting.
A) Maintaining Records B) Estimating Profit and Loss

©) Providing useful information to various users 0) Recording all the quantitative factors

49. Find out the odd one.
A) Bank Loan B) Cash at bank C) Creditors D) Bills Payable

50. The total assets of a trader are Rs. 4,50,000 and outside liabilities are Rs. 1,50,000
then owners equity will be
A) Rs. 2,50,000 8) Rs. 3,00,000 6) Rs. 6,00,000 D) None of these

51. Any irrecoverable portion of sundry debtors is termed as

A) Bad debts B) Depreciation C) Loss D) Provision for debtors
52. Cost of services and things used for earning revenue is termed as

A) Income B) Expense C) Loss D) Profit
53. The audit shall include an examination of overdue debts if any of the society concerned

as per of KCS Act/Rules 1969.

A) Rule 64 B) Section 64 C) Section 65 D) Rule 64B

54. The financial statements and other statutory statements as required by the auditors
shall be prepared by the chief executive of the society within
A) One month from the date of close of the calendar year
B) Three months from the date of close of the financial year
C) Two months from the date of close of the accounting year
D) One month from the date of close of the financial year

A -8-

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Branch Manager - District Co-operative Bank : Video