Kerala PSC Previous Years Question Paper & Answer

Title : VOCATIONAL TEACHER OFFICE SECRETARYSHIP NCA VHSE
Question Code : A

Page:7


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'VOCATIONAL TEACHER OFFICE SECRETARYSHIP NCA VHSE' And exam conducted in the year 2017. And Question paper code was '081/2017/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: 7 out of 11
Excerpt of Question Code: 081/2017/OL

Correct Answer:- Option-D
Question58:-The total education cess ("Education Cess" + " Secondary and Higher Education Cess") for the Assessment
Year 2017 - 18 is
A:-3% of Total Taxable Income
B:-3% of Total Tax
C:-12% of Total Tax
D:-12% of Total Taxable Income
Correct Answer:- Option-B
Question59:-As per Indian Contract Act, in the absence of 'free consent' a contract becomes
A:-Void
B:-Voidable
C:-Both 1 or 2 as the case may be
D:-None of the above
Correct Answer:- Option-C
Question60:-Which one of the following is not a Quasi-negotiable instrument 7
A:-Bills of Lading
B:-Railway Receipt
C:-Dock Warmants
D:-Letter of Credit
Correct Answer:- Option-D
Question61:-In which year the Welath-Tax Act was passed 7
A:-1961
B:-1957
C:-1962
D:-1956
Correct Answer:- Option-B
Question62:-While submitting the ‘statement of affairs' in the case of liquidation of companies, several 'lists' are to be
annexed. Among these lists, 'List H' consists, which of the following 7

A:-Preferential Creditors
B:-Preference Shares
C:-Creditors having Floating Charge
D:-Deficiency/Surplus Account
Correct Answer:- Option-D
Question63:-As per Indian Accounting Standard 14 (Accounting for Amalgamation), an Amalgamation is categorised into
ಹಿ
B:-2
5
D:-4
Correct Answer:- Option-B
Question64:-In Banking Company Accounts, an asset which ceases to generate income for the bank is known as
A:-Deferred Asset
B:-Non-banking Asset
C:-Inter-bank Asset
D:-Non-performing Asset
Correct Answer:- Option-D
Question65:-From the following calculate Breakeven Point Sales in units :
Output :- 40,000 units/Year; Fixed Cost :- 1,00,000; Price :- 18/unit; Variable Cost : 13/unit
A:-20,000

D:-8,000
Correct Answer:- Option-A
Question66:-LIFO method is best suited when
A:-Falling Prices
B:-Fluctuating Prices
C:-Rising Prices
D:-Prices are almost Stable
Correct Answer:- Option-C
Question67:-In costing, VED analysis is used primarily to control which of the following 7
A:-Materials

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