25

2014 CWI(MoMrb .20 uam1

1 The documents filed at the time of registration of a company containing the rules, regulations and byelaws for internal management of the affairs of the company Memorandum of Association Articles of Association P rospectus Allotment Letter None of these 2. All sums due to govt. from a Society or an officer or members shall be recoverable as--Arrears of land revenue Arrears of income tax Arrears of sale tax Arrears of local taxes None of these 3. A Co-operative Society is permitted to pay dividend to its members on their paid us share capital Not exceeding 10% Not exceeding 15% Not exceeding 20% 0) Not exceeding 25 an, El None of these 4. By amendment of 1999 act No. dated 1.1.2000 the reservations for women members and members belonging to SC/ST in the committee is made applicable to District C-operative Bank Kerala State Co-operative Bank Urban and Rural Banks 0) All types of Societies in the State E) None of these 5. If any doubt arises as to which category a particular Society is to be included for the purpose of calculation of audit fee the same shall be decided by The Secretary President General Body Board of Directors None of these 6. An employee of a Co-operative Society shall retire on the last day of the margin in which he/she attains the age of A) 60 years B) 55 years C) 62 years Dl 58 years E) None of these 7. Which Bank has the monopoly right of note issue in our country (ornmercial banks Industrial banks Exchange banks 0) Agricultural banks E) None of these 8. Among the following which is a general utility service provided by a commercial Banker A) Acting as executors and trustees B) Collection of (heques

AIWIHT i•.v:ii

1

MEP Desian:nq arid 'ali'.na Gnomes: QuALIFIcArIoN: Drplo'no or B Inch vii 'jjJ i'ir 100% Live Proiect oriented Training and Opportunities in Building and CorrS:roOlion Golds based nor ..

C) Payment of Insurance premium on behalf of customers 0) Safe Keeping of valuables of customers E) None of these 9. Among the following which is not an example of the General Relationship between a Banker and Customer Relation of debtor and creditor Relation of agent and principal Relation of trustee and beneficiary 0) Relation that gives the banker a right of lien E) None of these 10. A cheque which was in circulation for more than an unreasonable time is known as a Draft Ante dated cheque Stale cheque Postdated cheque None of these 11. Which type of crossing takes away the negotiability of the cheque though it does not affect its transferability General crossing Special crossing Account payee crossing 0) Not negotiable crossing El None of these 12. When the endorser merely signs at the back of an instrument without mentioning the name of any specified person in whose favour the endorsement is made it is known as A) General endorsement B) Special endorsement ()Sans recourse endorsement Restrictive endorsement None of these 13. If the acceptor makes the payment of the bill to the holder before maturity it is called Discounting a bill Renewal of a bill Noting ofa bill 0) Retiring a bill E) None of these 14. The commercial banks usually provides overdraft facility to Savings bank account holders Fixed deposit account holders Current account holders Recurring deposit account holders None of these 15. Among the following which is not a features of a tangible security Non marketability Stability of value Durability 0) Transferability E) None of these 16. The Securities and Exchange Board of India act was passed in the year A) 1988 8)1992 C) 1990 0)1995 E) None of these 17. Among the following which is not a liquidity ratio OQ)(T

Gross profit ratio Quick ratio Current ratio 0) Absolute liquidity ratio E) None of these 18. The ideal current ratio is A)1:1 8)2:1 C)5:1 0)0.5:1 E) None of these 19. Operating ratio is a -----ratio Liquidity Ratio Solvency Ratio Activity ratio Profitability ratio None of these 20. Which of the following is a featuresofa credit card The card holders should have adequate deposit balance In his credit card account always The card holders gets interest for the purchase made with the card Only Govt. employees get credit card facility 0) The card holders has to deposit money in to his account only after making purchase with the card E) None of these 21. Which of the following is not a function of Reserve Bank of India A) Note issue B) Banker to the Government C) Lender of last report D) Controller of credit F) None of these 22. Which of the following is not a Quantitative credit control technique Bank Rate policy Open market operations Cash reserve ratio 0) Moral suasion F) None of these 23. 14 commercial banks were nationalized in the year- 1969 A) 1969 B) 1980 C) 1979 0)1985 E) None of these 24. How many associate banks come under SBI A)7 B)8 D)15 C)10 F) None of these 25. Among the following which is not a mode of creating charge on securities Lien Pledge Hypothecation D)Mortgage E) None of these 26. An audit which begins after the close of the period of account and is carried on until it is completed is known as A) Continuous Audit B) Internal Audit C) Balance Sheet Audit D) Private Audit F) None of these 27. Vouching implies A) Inspection of receipts

Direct on> &.iom

°412"

B) Examining the various assets C) Surprise checking of accounting records D) Examination of vouchers to check authenticity of records F) None of these 28. The most reliable voucher is one which originates In the concern In the concern and sent directly to the auditor Outside the concern 0) Outside the concern and sent directly to the auditor F) None of these 29. Examining the physical existence and valuation of the assets is known as A) Verification B) Examination C) text checking 0) Routine checking E) None of these 30. Auditor is not a valuer was stated inLondon oil storage company case London and general Bank case Kingston Cotton mills case 0) Les. V Neuchoctel co. Ltd. Case E) None of these 31. Auditing is compulsory for Sole trading concern Partnership firm Joint stock company Small scale enterprises None of these 32. Purchase return should be vouched with the help of Bought note Credit note Cash book 0) Goods inward book E) None of these 33. Which of the following is correct Valuation is a part of verification Verification is a part of valuation Valuation has nothing to go with verification Dl Auditor is a valuer F) None of these 34. A special auditor is appointed by the Board of Directors Shareholders Controller and Auditor general if India Central government None of these 35. Auditor should be dutiful like a A blood hound A watch dog A detective 0) An insurer F) None of these 36. To veriI goodwill an auditor should check Al Purchase agreement balance sheet sales deed 0) certificate from the management E) None of these 37. Remuneration ofa company auditor is fi xed by the Shareholders Appointing Authority Central Government Board of Directors None of these 38. Alteration of figures after audit is

:} I

Q&'QC(MECHANICAI) QUALIFICATION: Diploma or B Thclr .iirn

O5iOUiitlCS

Shiavords. Ris

CGL 2015 Tier 1&2 L1'F'1II TIil1mt.I,r.I.Il Comprehensive Coaching Admission open

BANK P0/CLERKS Reguar EN Batch Starts Ti 22nd Dec. Sat-Sun Batch Admission open

COMMERCIAL/SALESIAX lilA 1 'INi OFFICER LtI&J..IJ Placement Aid Provided Torque Engineering Consultants Near Cochin Katabhavan,Ernakulanr North, Ph: 0484 600 67 68, 9037 00 40 71

Sunday Batch Admission open

IiAI4.AI%

HI1iiUiflTh11

\Kozhikode 04954040792,94,96,97,3207177

UIIIIVII/Kerala

8907777456

Going concern concept Morley measurement Accounting period 0) Accounting entity E) None of these 47. Book of prime entry A) Ledger B)Journal C) Trial balance 0) Income Statement E) None of these 48. The Statement prepared by seller and send to the buyer when goods are taken back from buyer A) Debit notes B) Credit notes C) Cash memo D) Cash receipt F) None of these 49. Sales day book is issued for recording transactions relating to Credit sales Credit purchase Cash sales Cash purchase None of these 50. Transaction that cannot be recorded in any of the Special journals are recorded in Cash book purchase book Journal Proper Sales book None of these

Answers 1.8) 4. D) 7.E) lOG) 13. 0) 16.A) 19.0) 22. 0) 25. E) 28. Dl 31. C) 34. 0) 37. B) 40.E) 43.0) 46. A) 49. A)

2. A) 5.E) 8.0) 11.0) 14. C) 17. A) 20.0) 23. A) 26. C) 29, A) 32. F) 35. 8) 38. 0) 41. C) 44. E) 47. B) 50. C)

3.0) 6. 0) 9.D) 12. A) 15.A) 18. B) 21. E) 24. E) 27. 0) 30.0 33. A) 36. E) 39. 0) 42. A) 45.C) 48. B)

BankPO Clerical hurl

(Ivond, Kadavanthra Jo., Kochi - 20.

Eenatl. rroeo©pnce4vdu.corn, cOWob w\w,cpace4edo,corn

.

IIlI

Vacancies Announced SBI Associate Clerk -6425 & SBT Clerk -1400 Course I for SBT

Crash

iri r{11!i no4ua4 moorannoama moomnonom nainvOlsi c111,riucn eaon,naocrf mugp4 w1m0eaj QJIBUItad trm]m oavtmm1g BeJnnm 0501riir1r0 mlr'rflw (Me9aT1dad1&PJd36T waa 016,omrm eaaso ncnanmalrof rmae,,jev,st xem1e3ma. mme,iAnf aig1xerenrt mono muam mfttrronl 2014 cw1mjoenj4 27 nO 6wa,geomcao 4 06110 nilsanoilcuno moodGr90 muo,joa uonmoiaf ojmGro www.kepco.co.in, kepco)obs.blogspot in nO°fl mercoo4 mm4m1e3w 6@3

AEIUIøl (Ulno 250 - 016o 6flD

6t1Un2lfl8 oslewsp wjalopi flfl)vUfllo

Career Focus St. Albert's College Lane, Opp. Pappali Hall, Ernakularn Ph: 0484-4049838, 9526611580,

www.keralapsctips.blogspot.in

DEVIKA COLLEGE - FALAKKAD & THRISSUR , Prenared by :-S.Raji Remesli

a limitation ofA) final audit B) Interim audit C) Proprietary audit D) Continuous audit E) None of these 39. An auditors plan of action which presents an outline of procedures to be followed is known as Audit note book Audit manual Audit memorandum 0) Audit programme E) None of these 40. The audit of accounts of Co-operative Society is compulsory according to section A) Sec. 17 B) Sec. 32 C) Sec. 29 D) Sec. 34 El None of these 41. Audit conducted during the middle of financial year is known as Cost audit Continuous audit Interim audit 0) Annual audit E) None of these 42. Process of issuing certificate by a bank or solicitor to an auditor as a proof of the existence of the client's assets is known as A) Confirmation B) vouching C) bank Audit D) Scrutiny F) None of these 43. Which of the following is afloating asset A) Furniture B) Plant and machinery C) Goodwill D) Closing Stock F) None of these 44. Stock in trade is valued at Cost price Market price Cost Depreciation 0) Market price Depreciation E) None of these 45. Valuation means Checking concern concept Checking Audit note book Checking value of assets Examining of vouchers F) None of these 46. Depreciation is charged on the basis of which accounting concepts