Page:10
Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'DEPUTY ACCOUNTS MANAGER KERALA WATER AUTHORITY' And exam conducted in the year 2019. And Question paper code was '005/2019/OL'. 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.
C:-Income of daughter in law from an asset transferred to her without consideration
D:-Income of physically handicapped minor
Correct Answer:- Option-D
Question86:-Short term capital loss can be set off against
A:-Short term Capital gains
B:-Long term Capital gains
C:-Short term and Long term Capital gains
D:-None of the above
Correct Answer:- Option-C
Question87:-The following deductions are made to calculate the Gross Total Income of an assessee
A:-5um paid to LIC under annuity plan
B:-Subscription to equity shares of a public company which is an eligible issue of capital approved by the Board
C:-Brought forward losses
D:-Both (1) and (2)
Correct Answer:- Option-C
Question88:-Donations to the following cases are not fully deductible
A:-National Defence Fund
B:-ZilaSakshartaSamiti
C:-Swatch Bharat Kosh
D:-Prime Minister's Drought Relief Fund
Correct Answer:- Option-D
Question83:-The following income is fully considered as agricultural income
A:-Growing and manufacturing of tea
B:-Growing and manufacturing or rubber
C:-Sale of green tea leaves
D:-Sale of rubber processed from own rubber plants
Correct Answer:- Option-C
Question90:-The following statement is false
A:-Employer's contribution to the Recognized Provident Fund up to 12% of salary is not taxable
B:-Education Allowance is exempt up to Rs. 100 per child, maximum of two children
C:-Income on units of Mutual Fund is exempt up to 50%
D:-Donation to National Foundation for Communal Harmony is
Correct Answer:- Option-C
Question91:-Imputed costs are .
A:-Cost of replacing an old asset
B:-Cost which can be eliminated
C:-Cost which is a past cost
D:-Cost which is hypothetical
Correct Answer:- Option-D
Question92:-The following are tools for implementing Kaizen Costing
igible for 100% deduction without limit
I Stratification
॥. Pareto chart
.لاا 6951 016
All of the above .لاا
கியா
ااا 800 8:11
11:٥6
0:41[
Correct Answer:- Option-C