DEPUTY GENERAL MANAGER – KERALA STATE CO-OPERATIVE BANK LIMITED

FINAL ANSWER KEY
Question Paper Code: 27/2015/OL
Category Code: 101/2010
Exam: Deputy General Manager in Kerala State
Cooperative Bank Ltd
Medium of Question: English
Date of Test 16-11-2015
Alphacode A
Question1:-In which state ‘Bargi Dam’ is located
A:-Uttarpradesh
B:-Gujarath
C:-Madhyapradesh
D:-West Bengal
Correct Answer:- Option-C
Question2:-Who wrote ‘Poor Economies’
A:-Amartya Sen
B:-Muhammed Yunis
C:-Thomas Pickety
D:-Abhijith Banerjee
Correct Answer:- Option-D
Question3:-By which institution the ‘Suddhi Movement’ was started
A:-Brahma Samaj
B:-Prarthana Samaj
C:-Arya Samaj
D:-Sathya Sodhak Samaj
Correct Answer:- Option-C
Question4:-Who is the chairperson of the 14th Finance Commission
A:-Vijay Kelkar
B:-Y V Reddy
C:-Reghuram Rajan
D:-Prabhat Patnaik
Correct Answer:- Option-B
Question5:-Who was the president of ‘Congress Khilafath Swaraj Party’
A:-Motilal Nehru
B:-Mahatma Gandhi
C:-Maulana Azad
D:-C R Das
Correct Answer:- Option-D
Question6:-Who published a magazine called ‘Abhinava Keralam’
A:-Vaghbhatananda
B:-V T Bhattathirippad
C:-Mannathu Padmanabhan
D:-Sree Narayanaguru
Correct Answer:- Option-A
Question7:-Which bank is the first Indian private sector bank to set up a branch in China
A:-ICICI
B:-HDFC
C:-Axis Bank
D:-Kotak Mahindra Bank
Correct Answer:- Option-C
Question8:-Who introduced ‘Itaradari’ system
A:-Thomas Munroe
B:-Warren Hastings
C:-Lord Cornwallis
D:-Lord Wellesley
Correct Answer:- Option-B
Question9:-Who founded ‘Ananda Mahasabha’
A:-Thycaud Ayya
B:-Vaghbhatananda
C:-Vaikunda Swamikal
D:-Brahmananda Sivayogi
Correct Answer:- Option-D
Question10:-Who among the following was a member of Cochin Legislative Assembly
A:-Kumaranasan
B:-Mannathu Padmanabhan
C:-Pandit Karuppan
D:-Dr. Palpu
Correct Answer:- Option-C
Question11:-Senthuruni Wildlife Sanctuary is in which district
A:-Kollam
B:-Pathanamthitta
C:-Idukki
D:-Wayanad
Correct Answer:- Option-A
Question12:-Who has been conferred the Dadasaheb Phalke Award for the year 2013
A:-K Balachander
B:-Gulzar
C:-Soumithra Chatterjee
D:-Amithabh Bachchan
Correct Answer:- Option-B
Question13:-‘Kallumala Agitation’ is associated with
A:-Sree Narayana Guru
B:-A K Gopalan
C:-Ayyankali
D:-Sahodaran Ayyappan
Correct Answer:- Option-C
Question14:-National Institute of Fashion Technology is in which district
A:-Kozhikode
B:-Kottayam
C:-Thiruvananthapuram
D:-Kannur
Correct Answer:- Option-D
Question15:-Which act introduced communal representation or separate electorates for the first time in India
A:-Government of India Act of 1909
B:-Government of India Act of 1919
C:-Government of India Act of 1935
D:-Indian Independence Act of 1947
Correct Answer:- Option-A
Question16:-During which period the ‘Valangai and Idangai’ system existed
A:-Chera period
B:-Chola period
C:-Pandya period
D:-Pallava period
Correct Answer:- Option-B
Question17:-In which year National Rural Livelihood Mission was initiated
A:-2009
B:-2011
C:-2012
D:-2013
Correct Answer:- Option-C
Question18:-Jitan Ram Manjhi is the Chief Minister of
A:-Bihar
B:-Arunachal Pradesh
C:-Nagaland
D:-Sikkim
Correct Answer:- Option-A
Question19:-Thomas Cup 2014 was won by Japan by defeating which country
A:-China
B:-Indonesia
C:-Singapore
D:-Malaysia
Correct Answer:- Option-D
Question20:-The first Indian who became the brand ambassador of Interpol
A:-Amir Khan
B:-Shahrukh Khan
C:-Aiswrya Rai
D:-Hritik Roshan
Correct Answer:- Option-B
Question21:-Who is regarded as the pioneer of Linear Programming?
A:-George B. Dantzig
B:-T.L.Seaty
C:-D.W. Miller
D:-C.W.Churchman
Correct Answer:- Option-A
Question22:-“Management is the art of gettting things done through people”- this famous definition given by….
A:-Harold Koontz
B:-F.W. Taylor
C:-Mary parker Follet
D:-Lowrence A. Appley
Correct Answer:- Option-C
Question23:-Which of the following methods can be adopted to a company to reduce their cost and improve their
organizational performance that lead to better utilization of resources
A:-Bench Marking
B:-Outsourcing
C:-Re-centralization
D:-Re-engineering
Correct Answer:- Option-B
Question24:-A statement which describes the nature,define the purposes and the scope of the job is called—-
A:-Job Specification
B:-Job description
C:-job Analysis
D:-None of these
Correct Answer:- Option-B
Question25:-A Change in behaviour based on experience is called
A:-Selective Retention
B:-Motivation
C:-Dissonance
D:-Learning
Correct Answer:- Option-D
Question26:-Yahoo enables users to design a My Yahoo section with a choice of topics ,arrangement and colours. This is an
example of
A:-Bench Marking
B:-E-commerce
C:-Outsourcing
D:-Customization
Correct Answer:- Option-D
Question27:-Who conducted famous ‘Hawthorne experiments’
A:-Elton Mayo
B:-F.W. taylor
C:-Max Webber
D:-Peter F. Drucker
Correct Answer:- Option-A
Question28:-Which of the following is not a primary activity in a value chain?
A:-Operations
B:-Procurement
C:-Marketing and sales
D:-Inbound Logistics
Correct Answer:- Option-B
Question29:-The exact manner in which the integrated series of activities will have to be performed is called
A:-Procedures
B:-Programmes
C:-Schedules
D:-Rule
Correct Answer:- Option-A
Question30:——- technique is used to achieve the best allocation of available resources
A:-Transportaiontechniques
B:-GameThoery
C:-Linear Programming
D:-None of these
Correct Answer:- Option-C
Question31:-In a game theory ,a game is said to be fair, if the value of the game is
A:-Zero
B:-One
C:-More than One
D:-Less than One
Correct Answer:- Option-A
Question32:-The inventory control which is used to control the spare parts is
A:-ABC Analysis
B:-FIFO
C:-VED Analysis
D:-FSN Analysis
Correct Answer:- Option-C
Question33:-Insurance products are the example of
A:-Convenience Products
B:-Specialty Goods
C:-Shopping goods
D:-Unsought Products
Correct Answer:- Option-D
Question34:-If IBM and Apple Computer announce a joint operation to develop a new computer operating system ,it is an
example of
A:-Corporate Marketing system
B:-Horizontal Marketing System
C:-Administered marketing System
D:-Conglomerate Marketing System
Correct Answer:- Option-B
Question35:-The level of product which gives actual benefits to the basic consumer needs is
A:-Augmented Product
B:-Actual Product
C:-Core Product
D:-None of these
Correct Answer:- Option-C
Question36:-The test measures the latent ability or potential of a candidate to learn a new job or skill is
A:-Aptitude test
B:-Proficiency test
C:-Attitude test
D:-Personality test
Correct Answer:- Option-A
Question37:-Theory of ‘Z’ was propounded by
A:-Mc. Gregor
B:-Follet
C:-Likert
D:-Urwick
Correct Answer:- Option-D
Question38:-‘Induction’ means
A:-Training
B:-Promotion
C:-Incentives
D:-Introduction
Correct Answer:- Option-D
Question39:-Sportspersons always like to buy trendy products while top managers usually buy formal wear. Which of the
following variable is used to segment this market?
A:-Personality
B:-Value
C:-Occupations
D:-Life styles
Correct Answer:- Option-D
Question40:-Departmentalization by process is followed in
A:-Paper Industry
B:-Departmental Store
C:-Banks
D:-Retail Shops
Correct Answer:- Option-A
Question41:-According to —— the behaviour of an individual is determined by his strongest need at a particular moment.
Needs that are not satisfied motivate the behaviour
A:-Abraham Maslow
B:-Peter F.Drucker
C:-Herzberg
D:-Vroom
Correct Answer:- Option-A
Question42:-In how many ways can the letters of the word ‘STRANGE’ be arranged so that the vowels occupies only the odd
places.
A:-1200
B:-1440
C:-2200
D:-3840
Correct Answer:- Option-B
Question43:——is generally used for repetitive type projects or for thoseb projects fairly accurate estimate of time or
completion of activities can be made.
A:-UNETICS
B:-PERT
C:-CPM
D:-TOPS
Correct Answer:- Option-C
Question44:-in which of the following stages of new product development, the ‘Brain storming ‘ technique is used
A:-Concept Tesing
B:-Idea Generation
C:-Market Analysis
D:-Commercializzation
Correct Answer:- Option-B
Question45:-Which of the following methods used in dealing with surplus manpower getting rid of ageing employees and
infusing fresh talents into the organizations
A:-Retrenchment
B:-Outplacement
C:-Lay off
D:-Voluntary Retirement
Correct Answer:- Option-D
Question46:——- refers to the favourableness or unfavourableness of a job environment of people
A:-Work life Balance
B:-QWL
C:-QC
D:-Morale
Correct Answer:- Option-D
Question47:-Giving samples to the consumers is a part of
A:-Advertising
B:-Publicity
C:-Relationship marketing
D:-Sales promotion
Correct Answer:- Option-D
Question48:-‘People who are ready to take responsibilities without fear’- according to
A:-Theory X
B:-Theory Y
C:-ERG
D:-Expectancy Theory
Correct Answer:- Option-B
Question49:-‘The decisions are made rationally cent per cent perfect after considering the prose and cons of all the
alternatives carefully’- According to
A:-Classical Theory
B:-Traditional Theory
C:-Behavioural Theory
D:-Situation Theory
Correct Answer:- Option-A
Question50:-The process of searching for prospective employees and stimulating them to apply for the job in the
organization is called
A:-Recruitment
B:-Notification
C:-Induction
D:-Selection Test
Correct Answer:- Option-A
Question51:-If greater risk is associated with receiving of future economic benefit the ——— discount rate is adopted
A:-Lower
B:-Higher
C:-Normal
D:-Positive
Correct Answer:- Option-B
Question52:-It is an art of finding assets that are worth more than the cost to achieve the goals of optimizing wealth of
owners
A:-Balancing Project
B:-Capital investment process
C:-Capital investment decisions
D:-Capital Budgeting
Correct Answer:- Option-D
Question53:-A new machinery in place of old equipment due to technological changes is termed as
A:-Balancing
B:-Modernization
C:-Expansion
D:-replacement
Correct Answer:- Option-B
Question54:-Debt funds are raised in the form of
A:-Term loan
B:-Debentures
C:-Bonds
D:-All of the above
Correct Answer:- Option-D
Question55:-The dividend policy of the firm and its market price of shares is determined by
A:-Price earnings ratio
B:-Dividend yield
C:-Earnings per share
D:-Book value
Correct Answer:- Option-C
Question56:-A company with huge accumulated reserves will distribute the earnings in the form of bonus shares are called
A:-Scrip dividend
B:-Cash dividend
C:-Interim dividend
D:-Final dividend
Correct Answer:- Option-A
Question57:-Return on capital employed is also known as
A:-Return on investment
B:-Return on share holders fund
C:-Return on total asset
D:-Return on fixed asset
Correct Answer:- Option-A
Question58:-A highly geared company exposes to
A:-Inflation risk
B:-Financial risk
C:-Business risk
D:-Internal rate risk
Correct Answer:- Option-B
Question59:-The cost of capital is not similar to one of the following
A:-Cut-off rate
B:-Hurdle rate
C:-Target rate
D:-Internal rate of return
Correct Answer:- Option-D
Question60:-The non-productive projects are to be financed by
A:-Debt and equity fund
B:-Equity fund
C:-Retained earnings
D:-Debt fund
Correct Answer:- Option-C
Question61:-A situation where costs and revenue rise at the same rate is known as
A:-Differential inflation
B:-Real inflation
C:-Synchronized inflation
D:-None of these
Correct Answer:- Option-C
Question62:-The adoption of JIT supply chain management,vendor management will drastically reduces the level of
A:-Raw material stock
B:-Finished goods stock
C:-Work in progress stock
D:-All of the above
Correct Answer:- Option-D
Question63:-A situation where the company do not have funds sufficient to run its normal operations smoothly
A:-Over trading
B:-Over capitalization
C:-Under capitalization
D:-None of the above
Correct Answer:- Option-C
Question64:-The credit offered by a business firm to another business firm as a part of trade transactions
A:-Trade credit
B:-Consumer credit
C:-Cash discount
D:-Cost of credit
Correct Answer:- Option-A
Question65:-One of the following is a common source of finance for a small business firm
A:-Factoring
B:-Commercial paper
C:-Bill discounting
D:-Bill acceptance
Correct Answer:- Option-C
Question66:-The expected rate of return that equates to the market rate of interest for investment of a similar risk profile
A:-Opportunity cost
B:-Marginal cost
C:-Weighted average cost
D:-None of the above
Correct Answer:- Option-A
Question67:-The ratio of proportion of fixed interest bearing funds to equity share holders fund is known as
A:-Share holders equity ratio
B:-Proprietory ratio
C:-Capital gearing ratio
D:-Debtors turn over ratio
Correct Answer:- Option-C
Question68:-The lessor undertakes to finance only a part of the money required to purchase the asset in
A:-Financial lease
B:-Operating lease
C:-Sale and lease back
D:-Leveraged lease
Correct Answer:- Option-D
Question69:-The risk of obsolescence on the asset is borne by the
A:-Lessor
B:-Lessee
C:-Both (1) and (2)
D:-None of the above
Correct Answer:- Option-A
Question70:-The excess of current asset over current liability is called
A:-Net current asset
B:-Net working capital
C:-Working capital
D:-All of the above
Correct Answer:- Option-D
Question71:-When shares are forfeited the share capital account is debited by
A:-Paid up amount
B:-Called up amount
C:-Calls in arrears
D:-Nominal value of shares
Correct Answer:- Option-B
Question72:-Transfer to capital redemption reserve can be made from
A:-Dividend equalization reserve
B:-Security premium account
C:-Profit prior to incorporation
D:-Profit on re-issue of forfeited shares
Correct Answer:- Option-A
Question73:-The relation ship between normal rate of return and P.E ratio is
A:-Inverse
B:-Direct
C:-Irregular
D:-None of these
Correct Answer:- Option-A
Question74:-Right issue means issue of shares to
A:-Existing debenture holders
B:-Existing share holders
C:-Promoters
D:-Institutional investors
Correct Answer:- Option-B
Question75:-Capital of a company which can be called up only in the event of winding up is known as
A:-Nominal
B:-Registered
C:-Authorized
D:-Reserve
Correct Answer:- Option-D
Question76:-Forfeited share account is finally closed by transfer of its balance to
A:-General reserve
B:-Free reserve
C:-Capital reserve
D:-Securities premium account
Correct Answer:- Option-C
Question77:-A newly incorporated company cannot issue shares
A:-At discount
B:-At par
C:-At premium
D:-None of these
Correct Answer:- Option-A
Question78:-Shares issued by the company to its employees or directors at a discount or for considerations other than cash
is known as
A:-Preference shares
B:-Equity shares
C:-Sweat shares
D:-Right issue
Correct Answer:- Option-C
Question79:-When preference shares are redeemed it results in
A:-Increase in capital
B:-Decrease in capital
C:-Both (1) and (2)
D:-None of these
Correct Answer:- Option-D
Question80:-Calls in arrears is shown as
A:-A current liability
B:-A current asset
C:-A fixed asset
D:-None of these
Correct Answer:- Option-D
Question81:-A bank which is registered in the second schedule of the RBI
A:-Scheduled bank
B:-Non-scheduled bank
C:-Foreign bank
D:-Domestic bank
Correct Answer:- Option-A
Question82:-The bank which plays an important role in promoting foreign trade
A:-Agriculture bank
B:-Exchange bank
C:-Industrial bank
D:-Commercial bank
Correct Answer:- Option-B
Question83:-Spreads of funds to reach a broader spectrum of people
A:-Self help group
B:-Deployment
C:-Micro-credit
D:-Direct finance
Correct Answer:- Option-B
Question84:-It refers to one company taking over controlling interest in another company
A:-Syndication
B:-Merger
C:-Acquisition
D:-Amalgamation
Correct Answer:- Option-C
Question85:-Process of converting the coded text to its original form
A:-Decryption
B:-Magnetism
C:-Encryption
D:-Tele-communication
Correct Answer:- Option-A
Question86:-Charge created on assets which undergo change is known as
A:-Fixed charge
B:-Floating charge
C:-Lien
D:-None of these
Correct Answer:- Option-B
Question87:-A document which represents ownership of goods in transit is known as
A:-Bill of lading
B:-Bill discounting
C:-Freight
D:-None of these
Correct Answer:- Option-A
Question88:-Practice of transferring a public utility from state ownership to private ownership is known as
A:-Liberalization
B:-Privatization
C:-Globalization
D:-Joint venture
Correct Answer:- Option-B
Question89:-IRDA act was passed in the year
A:-1938
B:-1956
C:-1999
D:-2001
Correct Answer:- Option-C
Question90:-Insurance is a form of protection against a possible
A:-Indemnity
B:-Loss
C:-Damage
D:-Risk
Correct Answer:- Option-D
Question91:-The concept where transactions are entered in the books of accounts at the amount actually involved is known
as
A:-Money measurement concept
B:-Cost concept
C:-Going concern concept
D:-Dual-aspect concept
Correct Answer:- Option-B
Question92:-The standard deals with the bases for recognition of revenue in the statement of profit and loss of an enterprise
A:-AS22
B:-AS19
C:-AS2
D:-AS9
Correct Answer:- Option-D
Question93:-The person who is in reality a partner, but whose name does not appear in any way as partner is known as
A:-Sleeping partner
B:-Nominal partner
C:-Partners in profit only
D:-Partners by estoppel
Correct Answer:- Option-A
Question94:-Huge advertising expenses are incurred to introduce a new product in the market is a
A:-Capital expenditure
B:-Deffered revenue expenditure
C:-Revenue expenditure
D:-None of these
Correct Answer:- Option-B
Question95:-The primary record of a credit purchase of a fixed asset is made in
A:-Journal proper
B:-Purchase book
C:-Cash book
D:-Sales book
Correct Answer:- Option-A
Question96:-Which of the following account is opened when a partnership firm is dissolved
A:-P/L appropriation A/C
B:-Revaluation A/C
C:-Realisation A/C
D:-P/L adjustment A/C
Correct Answer:- Option-C
Question97:-A document evidencing a debit to be raised against a party for any reason other than a credit sale is called
A:-Currency note
B:-Credit note
C:-Promissory note
D:-Debit note
Correct Answer:- Option-D
Question98:-The account which is prepared to ascertain the cost of goods manufactured
A:-Sales A/C
B:-Machinery A/C
C:-Manufacturing A/C
D:-None of these
Correct Answer:- Option-C
Question99:-In the absence of an agreement to the contrary,it is assumed that the partners are to share profits
A:-Equally
B:-In the old profit sharing ratio
C:-Sacrificing ratio
D:-None of these
Correct Answer:- Option-A
Question100:-When a partnership firm is converted into a joint stock company,the expenses involved are borne by
A:-Partnership firm
B:-Joint stock company
C:-As agreed upon by the firm and the joint stock company
D:-Government
Correct Answer:- Option-C