KPSC-MOCK-TEST Mock Exam
KPSC Mock Test: General Manager Project Kerala State Co Operative Coir Marketing Federation Ltd.
KPSC Mock Test: General Manager Project Kerala State Co Operative Coir Marketing Federation Ltd.
Official Kerala Public Service Commission ONLINE Exam Question Paper & Answer Key. • Name of Post: General Manager Project Kerala State Co Operative Coir Marketing Federation Ltd. • Category Number: 498/2023 • Date of Test: 07.08.2024 • Answer Key: Final Answer Key Question Paper PDF: https://www.keralapsc.gov.in/sites/default/files/2024-08/Genera%20Manager.pdf Answer Key PDF: https://www.keralapsc.gov.in/sites/default/files/2024-08/Final%20key%20General%20Manager%20PROJECT.pdf
100 Questions
Progress: 0 / 100 Answered
1
Loss which does not have any saleable value is
2
Estimate or prediction as to what will happen in future which is uncertain is
3
Which of the following statements are correct ?
i. Controls pertain to means and control pertains to an end.
ii. Controls are analytical and concerned with what was. Control is normative and is concerned with what ought to be.
iii. Controls refer to measurement and information whereas control is related to direction.
iv. Controls deal with facts and events of the past. Control deals with expectations.
4
In which form of organization structure are Strategic Business Units created ?
5
___________ denotes the authorization of managers at various levels to make decisions.
6
_____________ is concerned with action or performance and is aimed at evaluating the performance of the organization as a whole or its different components-strategic business units, divisions and departments.
7
___________ involves designing suitable courses of action in anticipation of likely changes in the relevant environment.
8
Narrow span of management results
9
___________ is based on the team concept in which each employee develops high degree of understanding towards others and shares common goals.
10
_____________ is the intended goal that prescribed definite scope and suggests direction to the planning efforts of a manager.
11
In decisional role, the manager performs roles of
i. Entrepreneur
ii. Figurehead
iii. Disturbance handler
iv. Negotiator
12
'Every manager has a planning function to perform. Planning extends throughout the organization.' The above statement implies
i. Pervasiveness of planning
ii. Primacy of planning
iii. Planning premises
iv. Flexibility in planning
13
__________ is a problem in two way communication in the form of internal conflict and anxiety that occurs when people receive information incompatible with their value systems, prior decisions, or other information they may have.
14
In which type of barriers, does premature evaluation fall ?
15
In communication, adequacy is concerned with
16
In determining an effective communication strategy, managers must consider
i. The specific content of the message.
ii. The message's channel.
iii. The physical environment in which it occurs.
iv. The time the communication occurs.
17
Communication performs the ______________ by relating various components of the organization and maintaining equilibrium among them.
18
Which one of the following is not an element of communication process ?
19
______________ is a type of semantic barrier in communication.
20
________________ is the study of nonlinguistic bodily movements, such as gestures, facial expressions etc.
21
Nonverbal communication performs following function
i. Complementing
ii. Accenting
iii. Contradicting
iv. Repeating
22
What causes rumors in organization ?
23
An asset shall be classified as current when it satisfies any of the following criteria
i. It is expected to be realized in or is intended for sale or consumption in, the company's normal operating cycle.
ii. It is not held primarily for the purpose of being traded.
iii. It is expected to be realized within twelve months after the reporting date.
Of the statements
24
Which of the following accounting standards deals with the impairment of Assets ?
25
Consider the following statements
i. According to AS1 revenues and costs are accrued, that is recognized as they are earned or incurred and recorded in the financial statements of the periods to which they relate.
ii. Section 128 (1) of the Companies Act, 2013 makes it mandatory for companies to maintain accounts on accrual basis only.
Of the statements :
26
According to accounting standards, an accounting policy can be changed if the change is required
27
Which of the following financial statements portrays value of economic resources controlled by an enterprise ?
28
______________ is defined as residual interest in the assets of an enterprise after deducting all its liabilities.
29
Which of the following accounting standard deals with depreciation accounting ?
30
According to sub Section (1) of Section 63, a company may issue fully paid up bonus shares to its members, in any manner whatsoever, out of
31
Under _____________ measurement basis, assets are valued at the amount of cash or cash equivalents that would be needed to purchase the same or an equivalent asset at present.
32
Which of the following accounting standards deals with the disclosure of accounting policies ?
33
Bills payable on 01-01-2023 Rs. 3,00,000
Creditors on 01-01-2023 Rs. 2,50,000
Bills payable on 31-12-2023 Rs. 3,50,000
Creditors on 31-12-2023 Rs. 3,00,000
Credit purchase for the year Rs. 50,00,000
Credit sales for the year Rs. 60,00,000
What is the creditor's turnover ratio ?
34
Equity share capital (Rs. 20 each) 50,00,000
Reserves and surplus 5,00,000
Secured loan at 15% 25,00,000
Unsecured loan at 12.5% 10,00,000
Fixed assets 30,00,000
Investments 5,00,000
Operating profit 25,00,000
Income tax rate 50%
Market price per share Rs. 50
What is the P/E ratio ?
35
From the following data, calculate the Earnings per share :
Net profit before tax Rs. 4,00,000
T ax at 40% of net profit
5% preference shares of Rs. 100 each Rs. 1,00,000
Equity shares Rs. 4,00,000, Face value Rs. 10
Market price per share Rs. 150
36
Which of the following is not a liquidity ratio ?
37
Consider the following statements about equity ratio which of the following statements are correct ?
i. The share holder's equity is equity share capital, reserves and surplus (excluding fictitious assets).
ii. This ratio indicates proportion of owners fund to total fund invested in the business.
38
Which of the following is a liquidity ratio ?
39
The following information of a company is given
Current ratio 2.5 : 1
Acid test ratio 1.5 : 1
Current liabilities 50,000
Fixed assets 20,00,000
What will be the value of inventory ?
40
If inventory turnover ratio is 5 times and average stock at cost is Rs. 75,000. Equity share capital Rs. 40,00,000. What is the cost of goods sold ?
41
Given :
Cash Rs. 10,000
Bills receivables Rs. 5,000
Debtors Rs. 25,000
Stock Rs. 20,000
Creditors Rs. 30,000
Cost of sales Rs. 1,50,000
Building Rs. 40,00,000
What is the working capital turnover ratio ?
42
The net profit (after tax) of a firm is Rs. 75,000 and its fixed interest charges on long term borrowings are Rs. 10,000. The rate of income tax is 50%. What will be the interest coverage ratio ?
43
T wo concepts that provide foundation for Lean Operations
44
Steps followed in production planning and control functions
45
Factor affecting capacity planning
46
Gantt Chart is a principal tool used for
47
BIS stands for
48
The five P's in Production/Operations Management are
49
Which does not come under TQM tools ?
50
A family of environmental management standards developed by the International Organization for Standardisation (ISO) volume
51
Which issue is not related to T alent Management ?
52
A management strategy that minimizes inventory and increases efficiency
53
Supply Chain risk includes
54
Zero based budgeting was introduced by
55
Honda and Nissan are moving more manufacturing out of Japan as the exchange rate of Yen makes Japanese-made autos expensive. The risk reduction tactic used is
56
Variable not considered for supplier evaluation
57
Planning and calculating raw material requirement are done in
58
Most widely used pull inventory model
59
Cost related to overtime, training, layoff are included in
60
Which is the conversion process in which successive units of output undergo the same sequence of operation, using specialised equipment usually positioned along a product line ?
61
Which of the following does not belong to fixed path equipment in material handling ?
62
Efficiency of output and input factors of an enterprise is termed as
63
Basic approach to inventory control
64
Document issued by a shipping company or its agent acknowledging the receipt of goods mentioned in the bill for shipment on board of the vessel is known as
65
What is concerned with maintaining materials at the optimum level keeping in view the operational requirements and financial resources ?
66
ROI stands for
67
Document prepared on receipt of material stores is
68
Document which contains a precise description of goods is known as
69
Which of the following is not true of a letter of credit ?
70
Important shipping document necessary and useful in export import transaction.
71
Physical movement of goods out of a country in a legal manner is
72
Which is an example of intellectual property ?
73
BOP means balance of receipts and payments of
74
Material issues are always valued at the highest price of the receipts
75
Last alternative to launch marketing strategies by challengers.
76
Last stage in product life cycle is
77
Safety stock level is also known as
78
Stock verification is done at the end of an accounting year in
79
When prices fluctuate widely, the method that will smooth out the effect of fluctuation is
80
Under FSN system of inventory control, inventory is classified on the basis of
81
What is a key factor in maintaining good customer relations in a store ?
82
What does the acronym SKU stand for in retail ?
83
Which inventory system involves continuous tracking of inventory levels ?
84
What is the purpose of a planogram ?
85
In which type of store layout are products grouped by category to facilitate comparison shopping ?
86
What is the primary consideration when choosing a store location ?
87
What type of store is known for offering a wide selection of products within a specific category, often with a focus on high-end or niche items ?
88
Which type of store is generally smaller in size, located in residential areas, and provides quick shopping for everyday items like snacks, beverages, and toiletries ?
89
What is 'Lead Time' in inventory management ?
90
In storekeeping, what does 'EOQ' stand for ?
91
What is a 'bin card' used for in storekeeping ?
92
The process of ensuring that the right quality and quantity of materials are stored is called
93
Which document is used to record the receipt of goods in storekeeping ?
94
What technology is commonly used to streamline the stock verification process ?
95
During stock verification, what is the purpose of a cycle count ?
96
Which of the following is an indicator of effective stock verification processes ?
97
In which type of layout are workstations grouped by the types of operations they perform ?
98
Which type of layout arranges workstation in a sequence that follows the flow of materials or operations ?
99
Which tool is useful for minimizing the risk of stockouts ?
100
What is the main advantage of using barcode systems in inventory management ?
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