Kerala PSC Previous Years Question Paper & Answer

Title : LECTURER IN COMMERCIAL PRACTICE TECHNICAL EDUCATION POLYTECHNIC COLLEGES
Question Code : A

Page:6


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'LECTURER IN COMMERCIAL PRACTICE TECHNICAL EDUCATION POLYTECHNIC COLLEGES' And exam conducted in the year 2015. And Question paper code was '036/2015/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.

page: 6 out of 11
Excerpt of Question Code: 036/2015/OL

Correct Answer:- Option-A
Question47:-Conspicuous goods are also known as
A:-Prestige goods
B:-Snob goods
C:-Veblen goods
D:-All of these
Correct Answer:- Option-D
Question48:-A market structure in which many firm sells products that are similar but not identical is known as
A:-Monopoly
B:-Monopolistic competition
C:-Perfect competition
D:-Oligopoly
Correct Answer:- Option-B
Question49:-When the monopolist divides the consumers into separate sub markets and charges different prices in these
sub markets, it is known as
A:-First degree of price discrimination
B:-Second degree of price discrimination
C:-Third degree of price discrimination
D:-None of these
Correct Answer:- Option-C
Question50:-A statistical measure based upon the entire population is called
A:-Parameter
B:-Inference
C:-Statistic
D:-Attribute
Correct Answer:- Option-A
Question51:-The number of observations falling within a group is called
A:-Frequency
B:-Density
C:-Both
D:-None
Correct Answer:- Option-A
Question52:-If two samples of sizes 30 and 20 have means as 55 and 60 and variances as 16 and 25 respectively, then what
would be the SD of the combined sample of size 507
A:-5.00
B:-5.06
6:3
0-5
Correct Answer:- Option-B
Question53:-In which of the following equation the relationship between mean, median and mode is established?
A:-mean - mode = 2 (mean - median)
B:-mean - median = 3 {(mean - mode)
C:-mean - median = 2 (mean - mode)
D:-mean - mode = 3 (mean - median)
Correct Answer:- Option-D
Question54:-If the sum of squares of difference of ranks given by two judges A and B, of 8 students is 21, what is the value
of rank comrelation co-efficient?

Correct Answer:- Option-B
Question55:-Which of the following index number satisfies circular test 7
A:-Fisher's index number
B:-Paasche's index number
C:-Laspeyre's Index number
D:-None of these
Correct Answer:- Option-D
Question56:-Which among the following is not an accounting equation 7
A:-Asset=capital+ Liabilities

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