Kerala PSC Previous Years Question Paper & Answer

Title : COMMERCIAL TAX OFFICER SR FOR ST ONLY AND DIRECT COMMERCIAL TAXES DEPT
Question Code : A

Page:6


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'COMMERCIAL TAX OFFICER SR FOR ST ONLY AND DIRECT COMMERCIAL TAXES DEPT' And exam conducted in the year 2015. And Question paper code was '026/2015'. 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 12
Excerpt of Question Code: 026/2015



45.

46.

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51,

88.

೫0068 1881100 without any rate of interest is called :

(^) NCD (B) ला coupon bond
(0 ۵۵ 1) Flexi bond
When the same transaction is recorded twice in the books of accounts, the error is called :
(ക) error വ്‌ duplication (B) error of principle
(0 error of commission (D) error of compensation
Carriage outward is an item of ————— overhead.
(ಗಿ) production (B) selling
(C) administration (D) distribution

refers to excess of absorbed overhead over the actual overhead.
(^) Under absorption (8) Over absorption
() Full absorption (11) Over trading

Operating cycle 15 :
(A) inventory conversion period only _
(B) inventory conversion period minus debtors conversion period
(0 inventory conversion period plus debtors conversion period
(D) mnone of these

If the debentures carry interest @ 10% per annum and corporate tax rate 18 @ 30%, cost of
debt is :

(ಯ) 10% (B) 5%

(9) 3% M 7%
The 08860/1315 07 8 valid contract is provided under, — ———— of the Indian Contract
Act.

(ಗಿ) Section 10 (B) Section 17

(C) Section 25 (D) Seetion 18

A contract without consideration is :
(५) Valid (0) Voidable
(^) [ल (D) Void

A miner's contract was held to be void in the case :
(ക ടബ്‌ Jardine
(ए) Carlill ¥ Carbelic Smoke ball company
(0 Moheribibi V Dharmodas Ghosh
(D) Cox V. Hickman

26/2015 — 8 A

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