Kerala PSC Previous Years Question Paper & Answer

Title : ACCOUNTANT KERALA ARTISANS DEVELOPMENT CORPORATION LIMITED
Question Code : A

Page:8


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'ACCOUNTANT KERALA ARTISANS DEVELOPMENT CORPORATION LIMITED' And exam conducted in the year 2017. And Question paper code was '011/2017/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: 8 out of 11
Excerpt of Question Code: 011/2017/OL

Question66:-The amount set aside for unrealized profit on stock is called
A:-Stock Reserve
B:-General Reserve
C:-Capital Reserve
D:-None of these
Correct Answer:- Option-A
Question67:-If the goods are invoiced at 25% on cost price, it means on selling price.
2:-20%
B:-25%
C:-33 and 1/3%
0-46
Correct Answer:- Option-A
Question68:-The creditors tumover ratio is obtained by di
A:-Average Trade Debtors
B:-Total Creditors
C:-Average Trade Creditors
D:-None of these
Correct Answer:- Option-C
Question69:-An increase in current liabilities the working capital.
A:-Decreases
B:-Increases
C:-Equates
D:-None of these
Correct Answer:- Option-A
Question70:-The Accounting Standards Board (ASB) came to existence in the year
A:-1967
B:-1977
C:-1961
D:-1957
Correct Answer:- Option-B
Question71:-RTGS stands for
A:-Real Time Gross Services
B:-Rational Time Gross Settlement
C:-Real Time Group Settlement
D:-Real Time Gross Setement
Correct Answer:- Option-D
Question72:-The right of the banker to retain all the properties of the debtor is called
A:-Particular Lien
B:-General Lien
C:-Gross Lien
D:-All of these
Correct Answer:- Option-B
Question73:-Which of the following is not a Nationalised bank?
A:-Bank of Baroda
B:-Canara Bank
C:-Federal Bank
D:-Syndicate Bank
Correct Answer:- Option-C
Question74:-CRR stands for
A:-Credit Reserve Ratio
B:-Cash Reserve Ratio
C:-Credit Reversal Ratio
D:-None of these
Correct Answer:- Option-B
Question75:-RBI Act came into force in
A:-1930
B:-1936
C:-1934
D:-1956

iding the Net Credit Annual Purchases by

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