Kerala PSC Previous Years Question Paper & Answer

Title : Assistant Kerala Financial Corporation English
Question Code : A

Page:5


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'Assistant Kerala Financial Corporation English ' And exam conducted in the year 2019. And Question paper code was '049/2019'. 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: 5 out of 14
Excerpt of Question Code: 049/2019

024.
025.

026.

027.

928

029,

030.

031.

032

Policy maturing only on the death of the insured is termed as
(೩) Endowment Policy (8) Whole life policy
(C) ഡ്‌ profit policy (D) None of these

Revarsionary bonus is the bonus payable by the insurance company
(ಯ) © maturity of the policy (B) ಲ making huge profits
(€) 17 0719 middle of a year (D) None of these

Rebate on hills discounted for a banking coampany is
(2) an expense (8) anincome
(©) வாண (D) an asset

Provision for doubtful debts in case of standard asset is to be made at
ശ്ര 19% (8) 5%
(© 4% o o

A reserve created by a banking company as per Section 17 of the Banking Regulation
Act, 1949

(A) General Reserve (B) Statutory Reserve

(८) Investment Resarve (D) ~ Capital Reserve

As per IRDA regulations, an Insurance company is required to prepare
(ಹಿ) Revenue Account (8) Profit and Loss Account
(C) Balance Sheet (D) All of the above

On replacement of an asset, any amount realised on account of sale of old materials
is credited to

(¢) Replacement Account (8) Asset Account

(€) Revenue Account (D) Profit and Loss Account

An irrecoverable cost which is caused by complete abandonment of a plant
(ക) Replacement cost (8) Imputed cost
(€) Sunk cost (൫) Marginal cost

Per unit fixed cost

(മ) Increases with increase in output

(8) Decreases with Increase In output

(C) Remains constant with increase in output
(D) None of these

49/2019 - A

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