MANAGER GR IV SR FOR SC/ST (CAT NO 386/2017) – KERALA STATE FINANCIAL ENTERPRISES

PROVISIONAL ANSWER KEY
Question Paper Code: 30/2019/OL
Category Code: 386/2017
Exam: Manager Gr IV SR For SC/ST
Medium of Question: English
Date of Test 30-07-2019
Department Kerla State Financial Enterprises Ltd
Alphacode A
Question1:-Who among the following persons in NOT included in the Drafting Committee of the Indian Constitution?
A:-N. Gopalaswamy Ayyangar
B:-Dr. B.R. Ambedkar
C:-Dr. K.M. Munshi
D:-M.N. Roy
Correct Answer:- Option-D
Question2:-From which of the following countries, the Indian constitution borrowed the idea of Parliamentary Democracy?
A:-France
B:-Britain
C:-Germany
D:-South Africa
Correct Answer:- Option-B
Question3:-Who was the head of the Linguistic state Reorganisation Commission?
A:-K.M. Panikkar
B:-H.N. Kunzru
C:-Fazal Ali
D:-S.K. Dhar
Correct Answer:- Option-C
Question4:-The Right to Information Act was passed by the Indian Parliament in
A:-15th June 2005
B:-15th August 2005
C:-15th June 2007
D:-19th July 2006
Correct Answer:- Option-A
Question5:-Which is the first Indian state to enact the Food Security Legislation even before the National Food Security Bill?
A:-Goa
B:-Kerala
C:-Chattisgarh
D:-West Bengal
Correct Answer:- Option-C
Question6:-The first book published entirely in Malayalam in Kerala is
A:-The Hortus Malabaricus
B:-Samkshepa Vedartham
C:-Malabar Manual
D:-Kundalatha
Correct Answer:- Option-B
Question7:-Which of the following literary works in NOT a work of Sree Narayana Guru?
A:-Ushaparinayam
B:-Atmopadesa Satakam
C:-Darsanamala
D:-Daivadasakam
Correct Answer:- Option-A
Question8:-Who become a martyr in the Paliyam Satyagraha of 1948?
A:-C. Kesavan
B:-T.K. Madhavan
C:-C. Krishnan
D:-A.G. Velayudhan
Correct Answer:- Option-D
Question9:-Who was the founder of the journal ‘Vivekodayam’?
A:-Kumaran Asan
B:-Vallathol Narayana Menon
C:-A.K. Gopalan
D:-Vagbhatananda Guru
Correct Answer:- Option-A
Question10:-Kerala Sangeetha Nataka Academy is located at
A:-Kozhikode
B:-Kannur
C:-Thrissur
D:-Kottayam
Correct Answer:- Option-C
Question11:-Who among the following persons founded the ‘Antharjana Samajam’?
A:-Arya Pallam
B:-A.V. Kuttimalu Amma
C:-Lalitha Prabhu
D:-Parvathi Nenmenimangalam
Correct Answer:- Option-D
Question12:-Who called Sree Narayana Guru as the ‘Second Buddha’?
A:-Kumaran Asan
B:-G. Sankara Kurup
C:-Vallathol Narayana Menon
D:-Changampuzha Krishna Pillai
Correct Answer:- Option-B
Question13:-Who among the following persons is known as ‘Scholar Saint of Kerala’?
A:-Sree Narayana Guru
B:-Sree Shankaracharya
C:-Brahmananda Shivayogi
D:-Chattampi Swamikal
Correct Answer:- Option-D
Question14:-Who wrote the book ‘Jathikkummi’ questioning the casteism in Kerala?
A:-O.V. Vijayan
B:-Thakazhi Sivasankara Pillai
C:-K.P. Karuppan
D:-P.C. Kuttikrishnan
Correct Answer:- Option-C
Question15:-Who organised the ‘Misra Bhojanam’ at Cherai in 1917?
A:-C. Krishnan
B:-Sahodaran Ayyappan
C:-Dr. Palpu
D:-C.V. Kunjuraman
Correct Answer:- Option-B
Question16:-Who among the following literary figures, translated Kalidasa’s ‘Abhijnana Shakunthalam’ in to Malayalam?
A:-Keralavarma Valiya Koil Thampuran
B:-Kodungalloor Kunjikkuttan Thampuran
C:-Thunchath Ezhuthachan
D:-Cherusseri Namboothiri
Correct Answer:- Option-A
Question17:-Which country will host the summer Olympics of 2020?
A:-France
B:-England
C:-Spain
D:-Japan
Correct Answer:- Option-D
Question18:-Who is the first U.S. President to win the Nobel prize?
A:-Woodrow Wilson
B:-Jimmy Carter
C:-Theodore Roosevelt
D:-Barack Obama
Correct Answer:- Option-C
Question19:-When is the G.S.T. (Goods and Services Tax) came into effect in India?
A:-2017 August 1
B:-2017 July 1
C:-2017 June 1
D:-2017 April 1
Correct Answer:- Option-B
Question20:-As a retaliation to the Pulwama attack, Indian Airforce conducted airstrike on 26th February 2019 at
A:-Balakot
B:-Chakothi
C:-Keran
D:-Lahore
Correct Answer:- Option-A
Question21:-If a company adopts straight line method of depreciation in the first year, it should continue using it in
subsequent years is the view of
A:-Accrual concept
B:-Conservatism concept
C:-Consistency concept
D:-Matching concept
Correct Answer:- Option-C
Question22:-Which of the following is Indian accounting standard for inventories?
A:-Ind AS 2
B:-Ind AS 14
C:-Ind AS 38
D:-Ind AS 8
Correct Answer:- Option-A
Question23:-Provision is a
A:-Charge against profit
B:-Appropriation of profit
C:-Reserve from profit
D:-Intangible asset
Correct Answer:- Option-A
Question24:-________ accounting focuses on anticipated revenue and expenses.
A:-Accrual basis
B:-Cash basis
C:-Both of these
D:-None of these
Correct Answer:- Option-A
Question25:-Body responsible for setting International Financial Reporting Standards
A:-ICAI
B:-IASB
C:-BIFRS
D:-AIFR
Correct Answer:- Option-B
Question26:-Cash book with cash, bank and discount column is called
A:-Simple cash book
B:-Double column cash book
C:-Petty cash book
D:-None of these
Correct Answer:- Option-D
Question27:-Imprest system is related to
A:-Journal
B:-Trial Balance
C:-Petty cash book
D:-Comparative balance sheet
Correct Answer:- Option-C
Question28:-In bank reconciliation statement, cheque issued by the company but not presented for payment is to be
A:-Added to bank statement balance
B:-Deducted from bank statement balance
C:-Recorded as re-collected
D:-Recorded as cheque returned
Correct Answer:- Option-B
Question29:-Which of the following transactions are credited in financial accounting?
A:-Increase in asset
B:-Increase in expenses
C:-Both of these
D:-None of these
Correct Answer:- Option-D
Question30:-The process of transferring debit and credit balances of from journal to ledger is called
A:-Journalising
B:-Posting
C:-Balancing
D:-Reconciliation
Correct Answer:- Option-B
Question31:-Which of the following is an objective of Financial Management?
A:-Profit maximisation
B:-Wealth maximisation
C:-Both of these
D:-Recording of financial information
Correct Answer:- Option-C
Question32:-Financial Decisions involve the following
A:-Financing, Profit and Dividend Decisions
B:-Investment, financing and sales decisions
C:-Financing, Investment and dividend decisions
D:-Financing, dividend and cash decisions
Correct Answer:- Option-C
Question33:-Change in capital structure affect the overall cost of capital and value of the firm is
A:-Net income theory
B:-Net operating Income theory
C:-MM theory
D:-None of these
Correct Answer:- Option-A
Question34:-Proportionately large share of long term debt than its equity in capital structure of company is said to be
A:-High geared
B:-Optimal geared
C:-Fairly capitalised
D:-Low geared
Correct Answer:- Option-A
Question35:-The average cost of capital which has to be incurred to obtain additional funds required by a firm
A:-Average cost
B:-Composite cost
C:-Historical cost
D:-Marginal cost
Correct Answer:- Option-D
Question36:-The excess of actual or budgeted sales over the break even sales is known as
A:-Margin of safety
B:-Angle of incidents
C:-Break even point
D:-None of these
Correct Answer:- Option-A
Question37:-Which of the following is not a discounted method of capital budgeting?
A:-Discounted Pay back period
B:-Net present value
C:-Accounting rate of return
D:-Internal rate of return
Correct Answer:- Option-C
Question38:-Capital rationing involve
A:-Placing restrictions on the amount of new investment
B:-Choosing most profitable investment
C:-Selecting projects that maximise the firm’s value
D:-All of these
Correct Answer:- Option-D
Question39:-Which of the following is not a feature of venture capital financing?
A:-Investment in medium and large enterprises
B:-High risk capital
C:-Private equity capital
D:-Technical and managerial assistance
Correct Answer:- Option-A
Question40:-Which of the following is not a method used for the management of accounts receivables?
A:-Lock Box System
B:-Factoring
C:-Concentration banking
D:-None of these
Correct Answer:- Option-D
Question41:-Functions of management suggested by Henry Fayol
A:-Planning, Organising, Staffing, Directing and Controlling
B:-Planning, Organising, Commanding, Co-ordinating and Controlling
C:-Planning, Organising, Co-ordinating, Directing and Controlling
D:-Planning, Organising, Staffing, Co-ordinating and Controlling
Correct Answer:- Option-B
Question42:-‘Management is the art of getting things done through others and with formally organised group’ is the
definition of
A:-Henry Fayol
B:-Mary Parker Follet
C:-George R. Terry
D:-Harold Koontz
Correct Answer:- Option-D
Question43:-Which of the following is not related with scientific management of F.W. Taylor?
A:-Mental revolution
B:-Initiative and incentive
C:-Training and development
D:-None of these
Correct Answer:- Option-D
Question44:-The process of searching for prospective employees and stimulating them to apply for the job is called
A:-Recruitment
B:-Man power planning
C:-Job advertisement
D:-Selection
Correct Answer:- Option-A
Question45:-CSR stands for
A:-Company Social Responsibility
B:-Corporate Social Responsibility
C:-Critical Social Responsibility
D:-Company Social Requirements
Correct Answer:- Option-B
Question46:-Stage of selection process to find whether candidates are fit and to eliminate totally unsuitable candidates
A:-Preliminary Interview
B:-Written Test
C:-Interview
D:-Checking references
Correct Answer:- Option-A
Question47:-Which of the following is not an ‘On the job training’ method?
A:-Apprentice Training
B:-Job rotation
C:-Vestibule training
D:-None of these
Correct Answer:- Option-C
Question48:-Which of the following is an employee performance appraisal method?
A:-Checklist
B:-Forced distribution method
C:-Field review method
D:-All of these
Correct Answer:- Option-D
Question49:-‘Consumer will prefer those products that offer the most quality, performance and innovative features’ is the
view of
A:-Production concept
B:-Product concept
C:-Selling concept
D:-Relationship marketing concept
Correct Answer:- Option-B
Question50:-What are the ‘four Cs’ of marketing proposed by Robert F Lauterborn?
A:-Consumer, Cost, Convenience and Communication
B:-Company, Consumer, Communication and Customer relationship
C:-Company, Consumer, Cost and Communication
D:-Consumer, Cost, Credit and Communication
Correct Answer:- Option-A
Question51:-Which of the following is not a fund based service?
A:-Bill discounting
B:-Factoring
C:-Credit Rating
D:-Housing finance
Correct Answer:- Option-C
Question52:-Which of the following statement is correct?
A:-Book runner is a part of venture capital financing
B:-Forfaiting is similar to factoring in international business
C:-Trade bill is prepared by the debtor
D:-Non-banking finance companies need not be registered with Companies Act
Correct Answer:- Option-B
Question53:-Which of the following is not related with merchant banking?
A:-Underwriting
B:-Issue management
C:-Greenshoe option
D:-None of these
Correct Answer:- Option-D
Question54:-Which of the following are not the characteristics of factoring?
A:-Recourse or nonrecourse
B:-Selling receivables
C:-100% financing
D:-None of these
Correct Answer:- Option-C
Question55:-Lease in which the risk and reward is transferred to the lessee with the transfer of asset
A:-Operating lease
B:-Short term lease
C:-Financial lease
D:-Cancellable lease
Correct Answer:- Option-C
Question56:-First Indian commercial bank started merchant banking division in India
A:-ICICI
B:-Grindlays Bank
C:-State Bank of India
D:-Canara Bank
Correct Answer:- Option-C
Question57:-India Ratings and Research Limited is a fully owned subsidiary of
A:-Trans union
B:-Fitch group
C:-Moody’s
D:-Standard and Poor’s
Correct Answer:- Option-B
Question58:-Stock broker providing an online trading platform for reduced commission but typically does not provide
investment service and advises is called
A:-Full service broker
B:-Discount Broker
C:-Real broker
D:-Jobber
Correct Answer:- Option-B
Question59:-Which of the following is a credit bureau in India?
A:-CIBIL
B:-Equifax
C:-CRIF High Mark
D:-All of these
Correct Answer:- Option-D
Question60:-The prime regulatory authority for merchant banking in India
A:-RBI
B:-SEBI
C:-Ministry of Finance
D:-Ministry of Corporate Affairs
Correct Answer:- Option-B
Question61:-”India’s International Bank” is the slogan of which bank?
A:-SBI
B:-ICICI Bank
C:-HDFC Bank
D:-Bank of Baroda
Correct Answer:- Option-D
Question62:-What are the liabilities of a bank?
A:-Advances
B:-Time Deposits
C:-Bills discounted
D:-Cash with Reserve Bank
Correct Answer:- Option-B
Question63:-NHB was set up on _________.
A:-July 12, 1982
B:-July 9, 1988
C:-April 2, 1990
D:-Nov. 22, 1972
Correct Answer:- Option-B
Question64:-Commercial banks mainly invest in ________.
A:-Government securities
B:-Life Insurance policies of the staff
C:-Treasury Bills
D:-Equity shares
Correct Answer:- Option-A
Question65:-As on 31.3.2013 how many RRBs are there in the country
A:-196
B:-89
C:-64
D:-126
Correct Answer:- Option-C
Question66:-Dolphin is a new mascot and logo of which bank?
A:-Catholic Syrian Bank
B:-Laxmi Vilas Bank
C:-Andhra Bank
D:-Bank of Madura
Correct Answer:- Option-C
Question67:-The credit deposit ratio of scheduled commercial banks in India in the year 1995
A:-70%
B:-61%
C:-55%
D:-65%
Correct Answer:- Option-C
Question68:-As per SEBI guidelines, in a book building process the cap in the price band _________.
A:-Should be at least 10% of the floor price
B:-Should not be more than 20% of the floor price
C:-No limits
D:-None
Correct Answer:- Option-B
Question69:-Co-operative banks have to prepare their balance sheet and profit and loss account in the form set out in the
Third Schedule to ___________.
A:-Banking Regulation Act
B:-Reserve Bank of India Act
C:-State co-operative Societies Act
D:-Central co-operative societies Act
Correct Answer:- Option-A
Question70:-The most important internal factor that contributes to NPA is __________.
A:-Business failure
B:-Inefficient management
C:-Diversion of funds
D:-Technology
Correct Answer:- Option-C
Question71:-The NBFCs which must be compulsorily registered with the RBI must have a net owned funds of __________.
A:-Rs. 50 lakhs and above
B:-Rs. 5 crore and above
C:-Rs. 25 lakhs and above
D:-Rs. 15 lakhs and above
Correct Answer:- Option-A
Question72:-The maximum period for which deposits can be obtained by a NBFC is _________.
A:-5 years
B:-3 years
C:-8 years
D:-10 years
Correct Answer:- Option-D
Question73:-In __________ the RBI made it mandatory for NBFCs to get rated in order to protect the interests of retail
investors.
A:-1992
B:-1998
C:-2000
D:-2010
Correct Answer:- Option-B
Question74:-The minimum capital requirements for the commencement of a chit
A:-Rs. 10 lakhs
B:-Rs. 5 lakhs
C:-Rs. 1 lakhs
D:-Rs. 50,000
Correct Answer:- Option-C
Question75:-If the guidelines of the RBI in the matter of credit are violated, it can levy penality on the violating bank under
A:-Reserve Bank of India Act
B:-Negotiable Instrument Act
C:-Indian Penal Code
D:-Banking Regulation Act
Correct Answer:- Option-D
Question76:-All the records pertaining to a chit shall be kept by ____________.
A:-Director
B:-Foreman
C:-Chairman
D:-Registrar
Correct Answer:- Option-B
Question77:-Which of the following entity is not permitted to participate both as a lender and borrower in the call/notice
money market?
A:-Co-operative bank
B:-NBFC
C:-Primary Dealer
D:-Scheduled Commercial Banks
Correct Answer:- Option-B
Question78:-__________ means any company which is notified by the central government under section 620 A of the
Companies Act 1956.
A:-MBFC
B:-MNBC
C:-RNBC
D:-NBNFC
Correct Answer:- Option-A
Question79:-____________ is a scheme launched by the Hon’ble Prime Minister on April 8, 2015 for providing loans upto Rs. 10
lakhs to the non-corporate, non-farmer small/micro enterprises.
A:-PMMY
B:-PMJDY
C:-PMSBY
D:-PMJJBY
Correct Answer:- Option-A
Question80:-A _________ is a NBFC carrying on the business of acquisition of shares and securities.
A:-Mutual Benefit Financial Company
B:-Miscellaneous Non-Banking Company
C:-Residuary Non-Banking Companies
D:-Core Investment Companies
Correct Answer:- Option-D
Question81:-What are the sampling groups which are very similar within but dissimilar without are called?
A:-Cluster
B:-Stratified
C:-Systematic
D:-Random
Correct Answer:- Option-B
Question82:-Which of the following measures of dispersion is least affected by extreme values of observations in a data set?
A:-Mean absolute deviation
B:-Range
C:-Quartile deviation
D:-Standard Deviation
Correct Answer:- Option-A
Question83:-The interval between the upper quartile and the lower quartile is known as _________.
A:-Mean
B:-Interquartile range
C:-Standard deviation
D:-Mode
Correct Answer:- Option-B
Question84:-The result of discarding extreme values before averaging is called __________.
A:-Residual mean
B:-Extreme mean
C:-Modified mean
D:-None of these
Correct Answer:- Option-C
Question85:-In what range does correlation coefficient lie?
A:-0 to +1
B:–1 to 0
C:-> 1
D:–1 to +1
Correct Answer:- Option-D
Question86:-The degree of freedom for standard error of estimate are n-k-1. What does the ‘k’ stands for
A:-number of independent variables
B:-number of observations in the sample
C:-mean of the sample values of dependent variable
D:-none of these
Correct Answer:- Option-A
Question87:-The amount of time by which the start of an activity may be delayed without affecting the overall duration of
the project is known as _________.
A:-Optimistic time
B:-Pessimistic time
C:-Most likely time
D:-Slack
Correct Answer:- Option-D
Question88:-Quantitative methods of forecasting include
A:-Sales force Composite
B:-Consumer Market Survey
C:-Smoothing Approach
D:-All of these
Correct Answer:- Option-C
Question89:-Which of the following criteria is not used for decision-making under uncertainty?
A:-Maximin
B:-Maximax
C:-Minimax
D:-Minimize expected loss
Correct Answer:- Option-D
Question90:-Which of the following relationship is true in a symmetrical distribution?
A:-Median – Q1 = Q3 – Median
B:-Median – Q1 > Q3 – median
C:-Median – Q1 < Q3 - Median D:-None of the above Correct Answer:- Option-A Question91:-The biggest constraint in E-banking is __________. A:-Startup cost B:-Maintenance cost C:-Training cost D:-Security cost Correct Answer:- Option-A Question92:-The important delivery channel of E-banking is ________. A:-Home banking B:-Tele banking C:-Internet banking D:-Mobile banking Correct Answer:- Option-C Question93:-'RuPay' card payment network is developed by which of the following organisations? A:-RBI B:-NPCI C:-VISA D:-SBI Correct Answer:- Option-B Question94:-Ministry of Rural Development provides a one time grant of Rs. _______ to the lead bank in every district to set up one RSETI. A:-50 lakhs B:-10 lakhs C:-75 lakhs D:-One crore Correct Answer:- Option-D Question95:-Electronic purse may have following number of storage space _________. A:-Only one B:-Two C:-Several D:-No storage space Correct Answer:- Option-C Question96:-The committee which has recommended for establishment of data warehouse is known as ________. A:-Vasudevan committee B:-Rengarajan committee C:-Suraf committee D:-Shere committee Correct Answer:- Option-A Question97:-Which of the following payment system use(s) EDI? A:-RTGS B:-SWIFT C:-Fedwire D:-NEFT Correct Answer:- Option-B Question98:-Objectives of IS security is to assure A:-Confidentiality B:-Integrity C:-Availability D:-All of the above Correct Answer:- Option-D Question99:-The upper value limit of an individual national electronic fund transfer (NEFT) transaction is ___________. A:-Rs. 20,000 B:-Rs. 50,000 C:-Rs. 1,00,000 D:-None of the above Correct Answer:- Option-D Question100:-For offering mobile banking services, banks have to obtain permission from which of the following authorities? A:-IRDA B:-TRAI C:-RBI D:-Ministry of Telecommunication Correct Answer:- Option-C