PSC Accountant / Junior Accountant / Accounts … of Test : 25.06.2016 Medium of Questions: English Question Paper Code: 082/2016 Exam Name: Accountant / Junior Accountant / Accounts

Date of Test : 25.06.2016

Medium of Questions: English

Question Paper Code: 082/2016

Exam Name: Accountant / Junior Accountant / Accounts Assistant - Various Companies/ Corpns/ Boards/ Societies

PSC Accountant / Junior Accountant / Accounts Assistant - Various Companies/ Corpns/ Boards/ Societies Examination

Previous Year Question Paper

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2,

3.

a.

6.

Mlxinln: !00 natkeTi[e: I holr snd rb ninut€3

Which ole of tle foUoqinc is iru€ *it! r.gt!& t cash .lis@unf

(A) It is drscount on ptunpt payn€tt (B) Il i. diocount on pri@ di *lad

(C) It tu r didun! siven in caeh (D) It is a rcilnc1tron in fae varue

Who, loonc 11'e foloqjng, is asadiat€d with tho lern 'Ma*eting M}!lit?(A) Taylor (D Pnnip KotLr

(() EeuyFord (D) T!.odore Levitt

Itr rLich of tne following pn ins .kstesr, rhe barl.t€. chlrge mdxihun pn@ o,idroduitrg a res produot?

(A) Peretrahon Pricin3 (B) Cons Rate Pricinc

(D) Marketiw CoMpt

folowing is tlu€ *ith Esar& to C cabgoly

(B) Thsy haE nodertte ontrol

(D) Tney hare l@ @!i6l

istte *tofs[prodwt! aadit ns thai a *lld 0&6 to *ll.(A) Pr.dut Li,e {B) Mlct Mii(C) Prcdnct {idtl (D) Prod(iLngth

Which of the frlUwinc do dot lall undd'4P.' 6u33€.t€d bt McC&iLv?

(A) Arnotio! (B) !rcduct

(c) Plae (D) Pe.fection

0. Which of th€ 61lowils @ncept satt that drs conaume.d will farcw th@ ]rsduct! tb.tlvailabl€ widelY et low msi?

(A) Productio! Condpt

(C) Product Co@pt

?. tn ABq s.b€i! of stock @.trol, which ot thc

(A) llBy have sticr @ntbl

(C) Thet Lae m 6DrFr

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8. \X1i.b oI ih€ foUryile is the to@ula to @lcul.t4 wrler. {as€ ude! Ilabet Peoiun Plan?

(A) TxB+% (+T-Il) (B) TxE+%s(TR)(c) T x R+% (91) E (D) (r-R)ie.(s-l)e

9. h sjd rb.t BrEh Oosting is a! erteEion of(B) J6b

10, The 6bdl€st sub ait of u olgalistio! wh€r. @.i coleclion is attenpteil is :

(A) CoEt Ceni€l (B) cGt Elenent

(C) Codi Uni. (D) Cnst Depa nent

u. Zee B@d Bu&eiiq i6 ftlaied !o whoD of uE aollNing?

(4) Philip(od.r (B) Ronalil Reagan

(C) Jimy Cater (D) Ceraid Foril

rr. In dting, th€ €uD of dn€ct @te!i.1. diect hbotrr and ditut flerhee& e laNn ad :

(A) Bsid cGt (B) . Co.iolPEduct(C) Factory Ccet (D) Pine C€t

lt. CGt oI 'bnornrl

ile line is :

(A) Crcditeilto C@tilsP&LAc@unt (B) Dshit€d to C€tins P&L Adut(C) CE&tedblroductiolA.oull @) D.6ii6dtoProdu.tionA@ut

14. Whic! o@ oliLe folNins i! u qlcontrollable c.u.e ofnri.nd pnd Eianco?(A) Charye in Ealket pltcs (B) Irclfrci€nt buying

(c) Ene.eence pnrchee (D) Lns ofdiscout

16. Tso or noE ldruct€, yitn sM. inportr!@, !rcd@il drnff a p$dstid pr@s i! kndn

(A) Do{br.Pbdlcr (B) Jodt Ptuducr

(C) T\co Ptodwt p@s (D) By-Pmduct

ra. FIFO n€thod is bet suit€il rhstr :

(A) Prie. @ Fsrta (B) P.ies are Flutuatirg(C) Pri$eRnirg (D) P.ice. @ ,lnGi Statle

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(c)Aac\,ED

unalveis i! {sed prihanu {or conrrol of spaE prns.(B) N*d(D) C@r

rr. Av€race St6k L.vel is calculaied Fith Fhictr of rh€ folosing fomula?(A) Mininun stoc! + X Rzorde. quanr y(B) MiriEu sro.k + z R€ords qletitrr(C) Minimud Sick + R4order quantiry(D) Mjnihud Srdk+ (Rslder qqhrity r R€ord€! Tine)

20. what is Eoq if: C.nsmption per Y€dtu.12.00 p€. o!d6r and Pri€runit is Rs.

(A) 650Unite

(c) 600 Unirs

ca..ring Co.i i. 20%, Ordenry Clsr i!

14,

(A) ri(c) rt

t3. h wbicb ye!. ths LJC wa.6h€d?(A) 1962

(c,) 196.'

(a) RB!

(c) sEBt

following G truo with regards ro tsin Ca.d ?

r@rds valus only (B) Ii reods valE ano quaqu,y@rdsqbtityonb (D) Notu of rh. aboe is r.uo

20?

(B)

(D)

21, Whici of rle follosina is/@ rrue w n ecuds to lscatalion ctaus ?

(A) lt is assmt€d wiih onlracr codiing(B) AppU@ble when theE is a cnang€ in rhe p!i@ oI labour andof Mareri.l(C) Noi apDli@bl€ whd rheft i. a Ch.Ds€in ibe uaniqtion pFdudion &caors(D) Botb (A) !.d (B) abov€

2r. Specbl Drawirs Eight (SDR) i6 lelar.d to qhi.! of tne fouowins insriturion?(A) IBRD (B) WTO

rcl IMF e) CAI'I

G) r9t6(D) 1979

I id Mo.ey Mar&et in I ia?

(D ltDAo) N&caD

,4. which ot rhe follo$ irs mtnu$otu Esxlrb

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t6. Wnich of ihe folNms inBlitulion {a3 lo.aed i! India Nit! th€ h€ip of World BarL?

(A) lDBr (B) rrcr(c) rcrcr (D) DFm

10. N.e rlp tust Dutual turd &h.b€ od€Ed ir l.dir :

(A) HsBc Equity 5 (B) UTI Mn Scnene- l(C) SBlMasluEquiiy (D) Uril Schen€ - 64

27. All, .ept one, sen 6elo' h.long! to a !rcup, Find ort one *lich de8 aot belo4 to th€

(A) lnt€mtimar Mon€tarr Fuad

{B\ IIF Inlerr,!ion,l D€velopmsnt Alsmtion(C) llE Multilarerdl Investnoii Oualant4e &e.cy(D) the Irtemation.l Fin.n€ Colpd.iid

2E. RBI s!.6&blirh€d in wldcn year?

(C) rg'a

(B) 1935

(D) 19,15

20, Of tlE folNids, wrrich 'd ihe 6Er D€wlopm€rt Finsci,l ldsntuhon .t lred in I tia?

(A) IDBI (3) NABARD

(c) uc -ErL (D) Ilcl

80. Which of the follosins i@uEnce coEpany nas rejn6ud@ builas?(A) Uooflndia (8) Orienial InsuM@ CoEpany Ltd

(C) GIC oflddia (D) United India tn6en6 CoEp.ny Ltd

81. whrt is th€ neaing of tL€ L.tin word o/di.C?

(A) Ton€e (B) To 6!d(c) TocLer (D) ro mt€

3!. Audii not3 h@k i. Eaintai!.il by whoo?

(A) Clidds clerf, (B) Arditn(c) cli€nr (D) Atrdt cl€rL

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34. whj.h of thc lollwins sdt€nenr is msr 3uit{bL ro

(A) lti! ! |!utfnatus.e!o.rofrldir (B) It ir a rcpod of eru atrd &auds

It G always a Btltutory epo.i

(B) Appointed by the oanasem€nt

(D) Ca! be rendod rt aal time

(C) Iti3,n opinion ot!h€ Audito. (D)

84, A. per Indiln Conpanies Act 2013, Sectionlord the ofic for a tero ot:

iC) lssn adviFr b Droscsm.ni

(A) R4i6trarof conpdies(c) A! per !ate. dbm in tur sbedule

30. Who rpsoilt autlito! h tne 6&conEoled, iuqrly or indiFcily,

(A) Bo.rd ofDirecto€

(C) CAc orlndia

(A) It a part ofintenal @nrhl(C) It is ontiduou in DatuE

I39, rn individual auditor on.ppoDrdent

Frcna with resard: t an intsrnal auditor?

(B)

(D)

35. On mpleiion of an audiq Audir Wortilg plD€E e :

(A) n ru@d to ihe Oieni (B) R.iained hy rh. Audjtc(C) Subniti€d alongwirh audii report (D) Desisy€dioE€diately

80. Which of the foltowirs draraDert is

(A) Ha. siatutory Pore.g

3?. Not mrdina ! rdnsaction in tle bmte ot rcouni is rreabd as d €mr ot:(A) Dqpliqriotr (B) oDission(C) Cobpeb.ati.g (D) Coamission

33. A! per CoEpanio. Act 2013, renun€raiion of rle ffrer auditd of d @npany i6 dxeil by whon

'O. wlDch of the followinc star€Dobt s wrcb! wiih Fs6dr b jiemal chcckl

(B) FiEt e€n€ral b.dy neeting

(D) Bo,rd oaDietoE

of a Gmhbeni @Dpary or my other 6np&y Nnedby ihe C@!trm€nt ,! per CooDsnie. &t 2013?

(B) B.dpectire cowhE€lt(D) Regisha! of CohpEried

(B) lt is done by appoirt€d ruditor(D) It i3 to eliniote eNE ud naud!

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,11, Followins e the naD€s oft bloofrandon ounbed dept:(A) TipFitt bbl€ ofrandob nunbqa(D KendaU & Babiltto! Sailh !ub.r3(C) Lu€ s tabL ol nldon Dusbs$(D) Fisher dd Y6i.'s nubb.r.

42. Value ol Pmbability lies betFeen :

(A) -1and+r (B) 0and1(c) 0 and 1, but cannoi be ldo (D) Noro olthe above

{S. 1\'o unbiared coin. are tns@d. What b th€ prcbabiliiy ofeEftinc,t leadt one t€

(A) 3/4 \B) |2(c) ill (D) Nore o{the above

ar. Which of t!€ 6t1o{ins is th€ @rst sxpFd6ior oa rcgre.dion €quation oIY on X?

(A) Y. =a.bx (B) Y" =a bx

(c) 1'. =a-b +x (D) \=s+bx

,15. The wlu€ of No oftlation i.:

(c) +1

(D0@) Cdot be defftd

4G. Wlich of the foU@ing i6 @t a propefty of Noral Distribution?(A) Ce6ei€nt of stewness isons (B) lt is b€ll slaped

(C) Itis@ntiDuoucure (D) M.an, b€did dd mod€ are €qud

/7. Wlich of iho folowiDs is not a mndon sanpling n€lhodl(A) Strati6ed ranplins (B) Sy€t€hdtic danplins

(O Cts.€r6anpling (D) Judgn€nt arnpling

!8. T!€orr oI ddplins i. ba6ed on :

(A) Plieiple of Staiiltical Ra8dalia/(B) Primipr€ or'!turtb or r4.gc Nlobe.s(c) Botb (A) !!d (B) alore(D) Norc ofahe,bore

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60,

Id which year the Indiar Clntmct act

(A) r8r2

(c) 1912

a nes.iirble fsrrumenr?

(B)

(D)

la92

1905

(B)

(D)

6r, Cm@ penod for dalcilating naiuiiy of a Bilt of Exchange a. pe. Act i. :

(A) 3 days (D ,t daJ.

(C) 5&F (D) 10 ddyi

63, wlich of iI6 lolowins lndolsenent i3 not vtlid undof Nes.tidble Inshunerts Act 1381?

(A) Bl$k Indor*Dc.t (B) Fu! Indor*ueDt

(C) Paftiar Indo6encnt (D) Reakiciive Indden€nt

64. The DEtrin. of Ropui€d Ownenhip' i3 rclat€d 1o rlicb of th€ lolosirc?

(A) contract orssre ofco& Act (B) Itrsolve'cr&t3

(C) workndn Conp.nsrtion Act (D) rndi,n Cotrtmct Act

66, Ol ihe 6llowi.& whicn 6 drc almal Grtin at! of diehonou ilsu€d hy t Not8.y Public to the

loldor of a Bitl or Not€ on tn. d€n.nd?

WLich ol th€ follorving is Dot

(A) Tlesury BiU

{cl She waFutg

(A) Bilt of exclanse drawn by a Banh

(C) Not a @Botiable in.trment

(B) Negoliable in8llumerr

(D) T\Te ofDFailsry @!e

(B) Djsbonod C€ldn@t€

0)) Diel.tee certiEdt.

56. All @insc (dE*itrc Ro pcallcl kaDsve.* lim., u.ualy on ihe left had t4 @!der) on tcheque with folo{ins word6 - betw€e! paraUel lin$ . are treat€d as gercrul dosdils

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6?, WbicL oft\€ loUsins n |r!€ widr regad! to . bal6n€ .bet?(A) It .how6 cilunees i, as*ts 8il li.bititie of a bEies iluilg tLG

'erG) li .bom pcition chdg€ of e busineog berFeen !*o pdricula! dii€s(C) Ii 3tDr3 cn.!c4 ol a bNined. fd a pdhcdlr yed(D) It.,!ows po.iiion of a busino.. d a p*riculd dlr€

6L I!@d€ '@ired

but lotom€il iB:(A) An Asret(C) A Coiin3err Uabiury

6L B.dA@u ndeopleol:(A) tu.lac@nr(c) ?roqi A@uni

0a. U!.t.D€d dividend i! .hoh uDder rhicb b@drc D ihe b.loe s[€.r?(A) Cuent Liabiliti.a(C) Re.mo ad Surplu.es

SuEnd.r vrlu ofjoiDt lit6 policy ir 6tNn

(10 Ar odinary bu6in€s. exlese(c) In both ced - (A) $d (B) abd€

(D) MiscsUaEu.ltemg

$ aki i! tnc bd.ne .het sh.n lldiu i!

(B) A! inredtb.n(D) Non. offh€ abore

(B) 1068

(D) 1961

01.

0r. I! sbiah y€d lhe I@Eo Td Ad ss rE*.P

68. Whicholth. ftU,oving stlt€bent ir 6le *iih resrnr b.iME€ ud.r l@tu T.x A.r?(A) lt @ he e.ed illegrly(B) lt c{ bs ir&s!la! or lunp.6q(C) It €! b. EiIi witb .le.r per$nal €l€mnr

@) It6beof dr106

6a. WticL of th. foUqils is not a businee expoDs?

(A) 1972

(c) 1162

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65. Whar is Eernr by the i.tu Adju.t€d purhase?(A) Opening Siock + purch.es (B) purchale _ pu.ctrae neiun.{C) Pur}a* - DiMuni e@iv€d (D) Op€nhg St@t + pebles _n r,lmg

65, Wlich one of rhe followirs is @re.r wirh resards to Budger?(A) It b a tuncriorsldeaofDaesEEoni (B) It i! a srar.tiDg plan(C) tt i. a @lri @ ptA! (D) Ir i6 a 6i,ste !s ptr.

6?. Whic,h of th€ lollowing is nor a rechnique of Bcientific Ealasenerr?(A) S.[€d!ri!s (B) Standa.dilrtid(c) Tihe Srudy (D) Morio! Study

68. Th€dy of hUM notivaiion (reed hi€ely thqy) i6 siEn by,toD?(A) F.W Taylor (B) utuicl(c) A.E. Mdow (D) Gtu€ck

69. WID inEDreil Djjferele Eruine ?

70. Who rnong rh6 folowins i3 heared as fouod of,Euhan R€l.ijon Achoor ot nan.gen€nr?(A) It-A Sinon (B) R. Lte.r(c) DltoD Mayo (D) c.t. B&!!d

7r. Whichorth€ aolo*i.g is not!;abs€ne tuncrion as si,e, by U_ Firrl!0t Prsuins (B) Orradsins(c) conirc1 (D) srafins

?2, Whicrt of lhE foDoyilg b€* expLins Ptaming pftmn€s?

(A) llaNib8eDvironn€dr (B) lelnGsions availabto fo! ptalling(C) R.&res .vailabie tu plenirg (D) Arail.ble innerrcr@ fdlni..

73. ltE id€a of functional Foremanship' or supsriBion i. giv6n hy whon?(A) MdyPdtelFollen (B) !,W. Taylor(c) c.ar6..i. @) ll Frlol

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?!t, Whidh G the oldesi forn ofolganisation?

(A) Li!€ and Slaq (B) Siaif(c) conniiiee (D) une

?6, llE p.ress tit6r educe the 3ap botwe6r planning anil p6rfornan@ lB :

(A) staf6ns (B) O$ani.ins(c) ColtroUi!8 @) Connlnidafing

t6.'Orde!of @EmanilthstruDsfrcm top toboitod' iEexplaineilby I

(A) S.alar Chain (B) Unifr olcomhand(C) Utrity ofDrectior (D) E.p.itde.C!.ps

?t. A@rability oe@ {\at?(A) Doins ,du.tilg duty(B) Obligotion 6! th€ p€r&!E!@ ofduly(C) Abiliiy to a@s€r(D) wirrilc.es io pe.t6.n duty

73. MiicL of ile folowing ptmaily b€aB to ttur6r authodty &oE o itrdividul to anothd?(A) Delqaiins (B) sh.dns Respdsibility(c) Diviriod ollihou @) Departnenbriratiot

79. Who i*u€ Treo$ry Bilk ir Ind!?(A) Covemoli Trleuly Depdto.ni (B) SBI

(c) RBr (D) . SEBI

80. wticb @ of tbe buovils i! Fr ! igbi ud€r C!!!@er Prctsrior &i 1986?

(A nrchi to be i.tmsd (B) Ri8ht to pdect enwimMent(C) Right io b€ h€aril (D) Rbhi t coBmer oducalio!

8r. The 66t cbar&teri6tic Malaya&6 &wl i! InduI€Lh. pubhhed in :

(A) 133t (B) 1889

(c) 1739 @) 1888

82. Sw.deshibhiuei n@a!tuhna liltai wad depdted ton Tlrvd@re in :

(a r91! G) r9r0(c) 1909 (D) lS31

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33. Chauar asrtation dL pla@ duiry the 1i$e :

(A) Ala\2n Thi.!n,l(C) Ssathi Thi.unal

3'1. Paschinodayam' vdt lrbliehed by:

(B) Utbarrh Thierar(D) Seedulan Thirunal

(B) 1954

(D) 1e62

86. The tust gjrls slel wae sta{ted at l

(A) Kolam (B) xottsyam

(c) K@Itr (D) ThiNvanarthapllls

80. Tatva pralasike esh.am' is an €ducational cenire 5t lt€d by :

(!D Vasbhatananda (B) Sthodaran Alx{ppan

(C) SreNaray.mCm (D) AtraDLau

3?, Autloi of Lerala Sahitya Cblnrbrdn :

(A) UIu S. PtuMe*ua lyer (B) vallatnol

(c) KmaranAseo (D) PK NalaY,M P ai

33. Deshabnisad ts th. n€Mpaper of:

(A) T.K. MadlDvan (B) Rlna}nsnn! PiI'i{C) v.}kod Abdd Khadar Mollavi (D) C. Ki.hl@

89, 93donshtutio@l-Am€lrloertrclated th:

90. Th6 er-oFrio cllanod of Rqjyaeabhs :

(A) vie pre6iilent (B) lreoidoni

(c) speald (D) lriE€ Miligisr

,1. Election onnissio! cad€ ilto olirlond in I

(A) 1951

(c) r95o

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92. Who ras th€ fiBt pEsid€nt oi tbe N.j. erie eiet'?(A) Mannath P,dmaDablan {B) C-P. Pilai(C) K Kehppan (D) T.K. Madhavar

93. Wlo ha. h.en qppointeil s Director General of poli6, L6nh?(A) Ri.hilqi silcL (B) JijiThoDpgo!(C) T.P.SenluIw (D) Jaob punu

04. wbo .ta!d th6 B*hpd Bac!& A!doh!?(A) Modh, Parke {B) Mar.ra(C) KaiLlhs yattli (D) CoDal Hei D€lb&qlb

96. I'h. lniodrliond Bonng Al*i,tiod bantud which IndiaD Borer for one F.. for notac@ptiry h.! brcn2 bedal !i A!ia! Cams 20ld :

(B) SuiI Cheili

(B) Manpularq TlaBal(D) vaklon Abdul Khada! Moulavi

(E) 1932

(L) 1931

G) 1339

(D) 1888

(A) Bda D6vi

(C) Slrita Devi

9C The A!i6 G8fu. 2O1a sil b. held at :

(c) Tokrr

97. Foudor ol TrAvsoF n ustrh M,h,lens.btu .

(!) Ma}tli Thugll(c) P.ikaJ1r Yohanlar

08. Cevayu.atylsrahe was in :

(A) 1930

(o 193A

et Sih l6Dpb si Aluvipl|m esbbli6h.d ia :

(A) r88?

(c) 1880

100. Sahodrra Sangan wao founded at :

(A) Varlala(C) siv.3ui

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PSC Accountant / Junior Accountant / Accounts … of Test : 25.06.2016 Medium of Questions: English Question Paper Code: 082/2016 Exam Name: Accountant / Junior Accountant / Accounts