DEPUTY ACCOUNTS MANAGER – KERALA WATER AUTHORITY

PROVISIONAL ANSWER KEY
Question Paper Code: 5/2019/OL
Category Code: 401/2017
Exam: Deputy Accounts manager
Medium of Question: English
Date of Test 13-03-2019
Department Kerala Water Authority
Alphacode A
Question1:-The 20th International Children Film Festival of India (ICFFI) was held at?
A:-Bengaluru
B:-Hyderabad
C:-Goa
D:-Chennai
Correct Answer:- Option-B
Question2:-The Attorney General for India is appointed by the President of India under which article of the Constitution
A:-Article 74
B:-Article 50
C:-Article 76
D:-Article 123
Correct Answer:- Option-C
Question3:-Emergency proclamation issued by the President under article 352 must be approved by the parliament within
A:-3 months
B:-2 months
C:-1 month
D:-5 months
Correct Answer:- Option-C
Question4:-The Environment Protection Act was passed in the year
A:-1974
B:-1992
C:-1972
D:-1986
Correct Answer:- Option-D
Question5:-Childhood name of Pandit K.P. Karuppan is
A:-Sankaran
B:-Ayyappan
C:-Velukutty
D:-Kunhikannan
Correct Answer:- Option-A
Question6:-The Fourth All Kerala political conference held at Payyannur in May 1928 was presided over by
A:-Annie Besant
B:-Jawaharlal Nehru
C:-Pattam Thanu Pillai
D:-K. Kelappan
Correct Answer:- Option-B
Question7:-Who was the ruler of Travancore during channar agitation?
A:-Ayilyam Tirunal
B:-Visakham Tirunal
C:-Sreemulam Thirunal
D:-Uthram Thirunal Marthandavarma
Correct Answer:- Option-D
Question8:-The Autobiography of Ponkunnam Varkey is
A:-Ente Vazhi Thirivu
B:-Jeevithathinte Thalukal
C:-Kazhchapadukal
D:-Ormakaliloode
Correct Answer:- Option-A
Question9:-‘Varthamana Pusthakam’ is a malayalam Travalogue written by
A:-Fr Barthalomew
B:-S.K. Pottekkad
C:-Thomakathanar
D:-Arnos Pathiri
Correct Answer:- Option-C
Question10:-Who won the Rajiv Gandhi Khel Ratna award for the year 2018?
A:-Rohit Sharma
B:-Bhajrang Punia
C:-P.V. Sindhu
D:-Virat Kohli
Correct Answer:- Option-D
Question11:-The founder of the Women’s Magazine Shrimati is
A:-Arya Pallam
B:-Anna Chandy
C:-A.V. Kuttimalu Amma
D:-Lalitha Prabhu
Correct Answer:- Option-B
Question12:-Who is known as ‘Martin Luther’ of Malankara Syrian Sabha?
A:-Abraham Malpan
B:-Pampady John Joseph
C:-M.C. Joseph
D:-Poikayil Yohannan
Correct Answer:- Option-A
Question13:-Social reformer who started Sabari Ashramam for Harijan students
A:-K.P. Kesavamenon
B:-T.R. Krishna Swami Iyer
C:-T.K. Madhavan
D:-Ayyankali
Correct Answer:- Option-B
Question14:-Kainakary is the birth place of which social reformer?
A:-K.P. Vellon
B:-Kumaranasan
C:-Kuriakose Elias Chavara
D:-Velukutty Arayan
Correct Answer:- Option-C
Question15:-Who is the first to receive Vayalar Award for the best literary work in Malayalam?
A:-M.T. Vasudevan Nair
B:-P.K. Balakrishnan
C:-Madhavikutty
D:-Lalithambika Antharjanam
Correct Answer:- Option-D
Question16:-Who invented disposable syringe?
A:-Hiram Stevens
B:-Colin Murdoch
C:-Louis Leakey
D:-George Gamou
Correct Answer:- Option-B
Question17:-Thiru-kochi state was formed in the year
A:-1949 July 1
B:-1948 June 9
C:-1946 September 11
D:-1950 January 1
Correct Answer:- Option-A
Question18:-Swami Vivekananda got proper explanation of Chinmudra from
A:-Sree Narayana Guru
B:-Neelakanda Theertha Padar
C:-Thycaud Ayya
D:-Chattambi Swamikal
Correct Answer:- Option-D
Question19:-The National Planning Committee (NPC) was set up in the year
A:-1938
B:-1947
C:-1945
D:-1944
Correct Answer:- Option-A
Question20:-The mount piece of SNDP Yogam which was published on 1904 from Thiruvananthapuram
A:-Kerala kaumudi
B:-Malayali
C:-Vivekodayam
D:-Yogakshemam
Correct Answer:- Option-C
Question21:-_________ keyword allows a child class to inherit properties from its parent class in Java.
A:-Inherit
B:-Extends
C:-(1) and (2)
D:-None
Correct Answer:- Option-B
Question22:-Which memory allocation strategy places a program in the largest available partition in the main memory?
A:-Worst fit
B:-Last fit
C:-First fit
D:-Best fit
Correct Answer:- Option-A
Question23:-Which of the following has the lowest access time?
A:-Cache
B:-RAM
C:-Magnetic disc
D:-Registers
Correct Answer:- Option-D
Question24:-________ operator in C can only be used with integers.
A:-Addition
B:-Modulus
C:-Sizeof
D:-Conditional
Correct Answer:- Option-B
Question25:-URL stands for ________.
A:-Uniform Registry Locator
B:-Universal Resource List
C:-Uniform Resource Locator
D:-Universal Registry List
Correct Answer:- Option-C
Question26:-____________ is the diagnostic testing sequence that BIOS runs to determine if the hardware components are
working properly when the computer is turned on.
A:-DOT
B:-CMOS
C:-POST
D:-PING
Correct Answer:- Option-C
Question27:-A quadbit is also known as __________.
A:-Nibble
B:-Bit
C:-Byte
D:-Petabyte
Correct Answer:- Option-A
Question28:-The output of a lexical analyzer is __________.
A:-Program
B:-Machine code
C:-Object code
D:-Stream of tokens
Correct Answer:- Option-D
Question29:-The amount of vertical space between lines of text in a document is called _________.
A:-Word spacing
B:-Line spacing
C:-Multi-line
D:-Single line
Correct Answer:- Option-B
Question30:-The communication between computers in network is governed by a set of rules and regulations known as
_______________.
A:-Protocols
B:-Standard rules
C:-System rules
D:-None of the above
Correct Answer:- Option-A
Question31:-The SQL CREATE TABLE command is a ____________.
A:-DCL command
B:-TCL command
C:-DML command
D:-DDL command
Correct Answer:- Option-D
Question32:-The ____________ file system is always mounted.
A:-Directory
B:-Root
C:-CatchFS
D:-None of the above
Correct Answer:- Option-B
Question33:-____________ were designed to be a reliable mechanism for websites to remember stateful information or to
record the user’s browsing activity.
A:-Browsers
B:-Cookies
C:-Pug-ins
D:-Scripts
Correct Answer:- Option-B
Question34:-A ____________ is someone who seeks to beach defenses and exploit weaknesses in a computer system or
network.
A:-Blocker
B:-Robber
C:-Hacker
D:-Scripts
Correct Answer:- Option-C
Question35:-A _________ is a field or collection of fields in a relational database table that provides a link between data in two
tables.
A:-Primary key
B:-Master key
C:-Collection key
D:-Foreign key
Correct Answer:- Option-D
Question36:-The base of an octal number system is ___________.
A:-8
B:-16
C:-2
D:-10
Correct Answer:- Option-A
Question37:-The ‘#’ symbol at the beginning of a statement in a C/C++ program indicates that it is a _____________.
A:-Comment
B:-Object directive
C:-Preprocessor directive
D:-String
Correct Answer:- Option-C
Question38:-Hardware/Software designed to guard against unauthorized access to a computer network is known as
___________.
A:-Netwall
B:-Wallblock
C:-Bouncer
D:-Firewall
Correct Answer:- Option-D
Question39:-A row in a relational table is also referred to as __________.
A:-Value
B:-Field
C:-Tuple
D:-Attribute
Correct Answer:- Option-C
Question40:-The program that converts high level code to low level code is called ____________.
A:-Processor
B:-Compiler
C:-Emulator
D:-Converter
Correct Answer:- Option-B
Question41:-When shares are forfeited this share capital is debited by
A:-Calls in arrears
B:-Called up value
C:-Paid up value
D:-None of these
Correct Answer:- Option-B
Question42:-AS-26 is related with
A:-Tangible assets
B:-Fixed assets
C:-Intangible assets
D:-Current assets
Correct Answer:- Option-C
Question43:-Under departmental accounting General expenses which cannot be apportioned appear in
A:-Balance sheet
B:-General P/L account
C:-Columnar trading account
D:-None of these
Correct Answer:- Option-B
Question44:-If goods are invoiced to branch at 25% on cost price, it will be at __________ at on selling price.
A:-20%
B:-25%
C:-33 1/3
D:-50%
Correct Answer:- Option-A
Question45:-Goods sent by Head Office to Branch is credited in Head Office books to ___________ account.
A:-Goods in transit
B:-Branch Account
C:-Goods sent to Branch
D:-None of these
Correct Answer:- Option-C
Question46:-A fund flow statement is prepared to disclose
A:-the result of operation
B:-the changes in financial position
C:-the financial position
D:-none of these
Correct Answer:- Option-B
Question47:-Excess of minimum rent over royalties is called
A:-short workings
B:-dead rent
C:-royalties
D:-none of these
Correct Answer:- Option-A
Question48:-Regional rural banks are sponsored by
A:-IDBI
B:-RBI
C:-SEBI
D:-None of these
Correct Answer:- Option-A
Question49:-_________ cheque is a dead cheque.
A:-Multilated cheque
B:-Crossed cheque
C:-Stale cheque
D:-Post dated cheque
Correct Answer:- Option-C
Question50:-RTGS stands for
A:-Real Time General Settlement
B:-Real Time Gross Settlement
C:-Real Time Gross Scheme
D:-None of the above
Correct Answer:- Option-B
Question51:-EFT was introduced by the RBI in
A:-1993
B:-1994
C:-1995
D:-1996
Correct Answer:- Option-D
Question52:-The principle of subrogation is introduced to protect the interest of
A:-insured
B:-agents
C:-insurer
D:-all of the above
Correct Answer:- Option-C
Question53:-IRDA Act was passed in
A:-1938
B:-1956
C:-1999
D:-2001
Correct Answer:- Option-C
Question54:-Which among the following is specifically set up to boost overall rural development in India?
A:-RBI
B:-IDBI
C:-NABARD
D:-SEBI
Correct Answer:- Option-C
Question55:-Note issue is the major function of
A:-Central Bank of India
B:-Central Bank
C:-Imperial Bank
D:-None of these
Correct Answer:- Option-B
Question56:-Which of the following is NOT money market instrument?
A:-Treasury Bills
B:-Commercial Paper
C:-Certificate of Deposit
D:-FD receipt
Correct Answer:- Option-D
Question57:-The Sensex has
A:-25 stocks
B:-30 stocks
C:-50 stocks
D:-20 stocks
Correct Answer:- Option-B
Question58:-Venture capital funds are regulated by
A:-SEBI
B:-RBI
C:-IDBI
D:-SBI
Correct Answer:- Option-A
Question59:-Mutual funds invests in
A:-Stock only
B:-Bonds only
C:-Stocks and bonds
D:-Stocks, bonds and cash instruments
Correct Answer:- Option-D
Question60:-The NSE – Nifty’s base period is
A:-1992
B:-1993
C:-1994
D:-1995
Correct Answer:- Option-D
Question61:-The first stock exchange in India to have a screen based automated ring less trading screen
A:-IDBI
B:-UTI
C:-OTCEI
D:-IFCI
Correct Answer:- Option-C
Question62:-The market for a very short period loan is called
A:-Money market
B:-Collateral loan market
C:-Call money market
D:-Bill market
Correct Answer:- Option-C
Question63:-The panel at the top of MS-Word document is called
A:-Menu
B:-Ribbon
C:-Programme
D:-Taskbar
Correct Answer:- Option-A
Question64:-The combination of a column coordinate and a row co-ordinate make up a
A:-column address
B:-cell address
C:-row address
D:-none of these
Correct Answer:- Option-B
Question65:-DBMS means
A:-Data Base Maintenance System
B:-Data Base Module System
C:-Data Base Monitoring System
D:-None of these
Correct Answer:- Option-D
Question66:-What is used to retrieve specific data from a database and to answer questions about the date in MS ACCESS?
A:-Tables
B:-Forms
C:-Queries
D:-Reports
Correct Answer:- Option-C
Question67:-Which one is used to transfer a webpage to user’s computer?
A:-HTTP
B:-FTP
C:-XML
D:-HLL
Correct Answer:- Option-B
Question68:-The altering of data so that it is not usable unless the changes are undone is
A:-Bio-metrics
B:-Encryption
C:-Ergonomics
D:-Compression
Correct Answer:- Option-B
Question69:-VIRUS stands for
A:-Very Intelligent Result Until Source
B:-Vital Information Resources Under Seize
C:-Viral Important Record User Searched
D:-Very Interchanged Resource Under Search
Correct Answer:- Option-B
Question70:-Which short cut key is used for calculator in Tally?
A:-CTRL + P
B:-CTRL + C
C:-CTRL + N
D:-CTRL + A
Correct Answer:- Option-C
Question71:-__________ is that which meets the tests of public interest, commonly accepted customs and standards of
conduct.
A:-Propriety audit
B:-Operational audit
C:-Efficiency audit
D:-Special audit
Correct Answer:- Option-A
Question72:-Wages tribunals may order cost audit for a certain industrial unit to settle industrial disputes relating to higher
wages, bonus etc. this is a type of External Audit of the form ________.
A:-Cost audit on behalf of the government
B:-Cost audit on behalf of the customers or consumers
C:-Cost audit on behalf of the trade associations
D:-None of the above
Correct Answer:- Option-D
Question73:-The auditor _____
A:-Should distribute the audit work among his subordinates
B:-Should assign difficult and technical works to senior clerks and easy and simple jobs to junior clerks
C:-Should not distribute his work among his subordinates as it is confidential
D:-Both (1) and (2) is true
Correct Answer:- Option-D
Question74:-A firm can reduce the needed cash balance if it can move the cash disbursement and cash collections into the
same cash flow cycle. This is known as __________.
A:-Accelerating Cash Receipts
B:-Synchronizing Cash Flows
C:-Delaying Disbursements
D:-All of the above
Correct Answer:- Option-B
Question75:-_________ contains a copy of the audit program, audit tests, performed, a copy of trial balance, a copy of the
annual final accounts.
A:-Permanent file
B:-Current file
C:-None of the above
D:-Both (1) and (2)
Correct Answer:- Option-B
Question76:-____________ is a built-in part of the accounting system under which the work of one employee is automatically
checked by another employee.
A:-Internal Audit
B:-Internal Check
C:-Internal Control
D:-External Audit
Correct Answer:- Option-B
Question77:-__________ is a technical term which refers to the inspection by the auditor of documentary evidence supporting
and substantiating a transaction.
A:-Vouching
B:-Checking
C:-Auditing
D:-None of the above
Correct Answer:- Option-A
Question78:-Misfeasance is a ___________ of a Company Auditor.
A:-Civil Liability
B:-Criminal Liability
C:-Statutory Duty
D:-Contractual Duty
Correct Answer:- Option-A
Question79:-Among the following statements with regard to redeemable preference shares __________ is not true.
A:-The articles of association of the company should provide for the redemption of these shares
B:-They can be redeemed only out of profits of the company which would be otherwise available for dividend
C:-Fully and partly paid shares can be redeemed
D:-Any premium paid on the redemption must be paid either out of the company’s share premium account or out of the
profits of the company
Correct Answer:- Option-C
Question80:-When an auditor is satisfied with the affairs of the company and the fairness of the balance sheet and profit
and loss account of the concern, he gives a _________ report.
A:-Unqualified Report
B:-Clean Report
C:-Qualified report
D:-Both (1) or (2)
Correct Answer:- Option-D
Question81:-Municipal taxes in the following cases are deductible from the gross annual value of a property under sec. 23
A:-Municipal taxes paid during the year for the current year
B:-Municipal taxes paid during the year for the previous year
C:-Municipal taxes paid during the year for the future period
D:-All of the above
Correct Answer:- Option-D
Question82:-When an assessee uses an asset which was earlier used for scientific research related to business, the cost of
asset will be equal to
A:-The amount left after reducing the cost of research
B:-The amount left after reducing the amount allowed as deduction for depreciation earlier
C:-The amount of cost including the installation cost
D:-None of the above
Correct Answer:- Option-B
Question83:-The transfer of one or more undertakings or assets for a lump-sum consideration without valuing the assets
and liabilities individually is known as __________.
A:-Slump Sale
B:-Pooling Purchase
C:-Bulk Sale
D:-Both (1) and (3)
Correct Answer:- Option-A
Question84:-Interest on income by way of winnings from horse race is tax deducted at source @ 30% in the following case.
A:-The person is a resident in India
B:-The person is not a resident in India
C:-Any other person
D:-All of the above
Correct Answer:- Option-D
Question85:-By virtue of sections 60 to 65 of the income tax act, clubbing of income is not done under the following
situation.
A:-Income from assets transferred with a condition of revocation
B:-Income of spouse
C:-Income of daughter in law from an asset transferred to her without consideration
D:-Income of physically handicapped minor
Correct Answer:- Option-D
Question86:-Short term capital loss can be set off against __________.
A:-Short term Capital gains
B:-Long term Capital gains
C:-Short term and Long term Capital gains
D:-None of the above
Correct Answer:- Option-C
Question87:-The following deductions are made to calculate the Gross Total Income of an assessee
A:-Sum paid to LIC under annuity plan
B:-Subscription to equity shares of a public company which is an eligible issue of capital approved by the Board
C:-Brought forward losses
D:-Both (1) and (2)
Correct Answer:- Option-C
Question88:-Donations to the following cases are not fully deductible
A:-National Defence Fund
B:-ZilaSakshartaSamiti
C:-Swatch Bharat Kosh
D:-Prime Minister’s Drought Relief Fund
Correct Answer:- Option-D
Question89:-The following income is fully considered as agricultural income _________.
A:-Growing and manufacturing of tea
B:-Growing and manufacturing or rubber
C:-Sale of green tea leaves
D:-Sale of rubber processed from own rubber plants
Correct Answer:- Option-C
Question90:-The following statement is false
A:-Employer’s contribution to the Recognized Provident Fund up to 12% of salary is not taxable
B:-Education Allowance is exempt up to Rs. 100 per child, maximum of two children
C:-Income on units of Mutual Fund is exempt up to 50%
D:-Donation to National Foundation for Communal Harmony is eligible for 100% deduction without limit
Correct Answer:- Option-C
Question91:-Imputed costs are _______.
A:-Cost of replacing an old asset
B:-Cost which can be eliminated
C:-Cost which is a past cost
D:-Cost which is hypothetical
Correct Answer:- Option-D
Question92:-The following are tools for implementing Kaizen Costing
I. Stratification
II. Pareto chart
III. Cost Driver
IV. All of the above
A:-I and III
B:-II and III
C:-I and II
D:-IV
Correct Answer:- Option-C
Question93:-Out of the following support activities of a company, the following can be associated with specific primary
activities __________.
I. Procurement
II. Human Resource Management
III. Firm Infrastructure
IV. Technology development
A:-I, II and III
B:-I, II and IV
C:-II, III and IV
D:-I, II, III and IV
Correct Answer:- Option-B
Question94:-__________ is not a characteristic of Process costing.
A:-Production is continuous
B:-Products are not distinguishable in processing stage
C:-Production is not for stock
D:-Cost is ascertained at the end of cost period
Correct Answer:- Option-C
Question95:-In the coke industry, the Benzol produced is a
A:-By product
B:-Main product
C:-Joint product
D:-None of the above
Correct Answer:- Option-A
Question96:-__________ can be attained under the most favourable conditions.
A:-Basic standards
B:-Current standards
C:-Expected standards
D:-Ideal Standards
Correct Answer:- Option-D
Question97:-Find labour efficiency variance.
Std. hours – 3000
Std. rate of wages Rs. 200
Actual rate of wages Rs. 250
Actual hours – 2000
A:-2,00,000
B:-1,00,000
C:-(-) 1,00,000
D:-3,00,000
Correct Answer:- Option-A
Question98:-Under the following plan, the worker gets wages for actual hours worked and a bonus for the time saved.
A:-Emerson’s efficiency plan
B:-Halsey-Weir plan
C:-Rowan premium plan
D:-Taylor’s differential piece rate system
Correct Answer:- Option-C
Question99:-__________ determines the ratio in which the total long term capital is contributed by different sources.
A:-Capitalisation
B:-Capital structure
C:-Financial Structure
D:-All of the above
Correct Answer:- Option-B
Question100:-__________ explains business risk.
A:-Operating Leverage
B:-Financial Leverage
C:-Combined Leverage
D:-All of the above
Correct Answer:- Option-A