MODEL EXAMINATION QUESTION

PAPER I

Time: 75 minutes Max. Marks: 100

1. Holiday means a holiday prescribed or notified by or under-------- of the Negotiable

Instrument Act

a) Section 20 b) Section 23 c) Section 25 d) Section 28

2.Probationer is------
a) A Govt. servant b) Not a Govt. servant c) Not required a vacancy d) None

3.Temporary post means a post santioned------

a) For a limited time b)For indefinite time

c) For a period of 5 years d) None

4.Travelling allowance is-----

a) Allowance granted for extra work b) A special allowance

c) A compensatory allowance d) None

5.For every three days late attendance without permission , an officer will forfiet a days
casual leave. If casual leave is not available-----

a)Earned Leave may be applied for regularization

b) No other kind of leave except casual leave shall be forfeited

c) Salary to the extent of one day will be recovered

d) Disciplinary action under Kerala Civil Service Rules 1960 may be taken against the
officer

6.Authority competent to accept resignation is------

a) Date of joining duty b) Government c) Appointing authority d) None

7. Maximum number of stagnation increment to an officer on a post as per tenth pay

revision is-----

a) Two b) Three c) Four d) Five

8. The authority competent to sanction charge allowance is ------
a)Head of Department b) Head of office

c) A Gazetted controlling officer d) Government

9.Payment of subsistance allowance will be made on production of --------

a)Life certificate b) Non employment certificate c) No objection certificate d) None

10.Maternity Leave is treated as duty for the purpose of -----

a) Earned Leave b) Service c) probation d) Non of these

11.No person may be appointed to a post in Government service without producing a

medical certificate of health as per Rule-------

a) 12 Part I KSR b) 12 Part II KSR c) 13 Part II KSR d) 13 Part I KSR

12.A Manager of KSFE whose date of birth 01-07-1961 due to retire on------
a) 31-07-2019 b) 30-06-2019 c) 31-07-2021 d) 30-06-2021

13.Maximum Earned Leave that can be surrendered once in a financial year by all
categories of employees is 30 days with effect from ------

a)01-04-2006 b)01-05-2006 c)01-06-2006 d)01-09-2006

14.A male Government servant whose wife undergoes gyno-sterilization granted ---------on
medical certificate

a) 7 working days b) 7 days c)14 days d) 14 working days

15.The task of any business is to deliver ________ at a profit.

a)customer needs b)customer value c)products and services d)improved quality

16.Which one of the following phrases reflects the marketing concept?

a) The supplier is a king in the market

b) Marketing should be viewed as hunting not gardening

c) This is what I make, won’t you please buy it?

d) This is what I want, won’t you please make it?

17. ________ pricing is the approach of setting a low initial price in order to attract a large
number of buyers quickly and win a large market share.
a)Market-skimming b) Value-based c)Market-penetration d)Leader

18.A change in an individual's behavior prompted by information and experience refers to

which one of the following concept.

a) Learning b) Role selection c) Perception d) Motivation

19.Anything that can be offered to a market for attention, acquisition, use, or consumption
that might satisfy a want or need is called a(n):

a) idea b) demand c) product d) service

20.The act of trading a desired product or service to receive something of value in return is
known as which key concept in marketing?

a) product b) exchange c) production d) customer

21..In marketing theory, every contribution from the supply chain adds ________ to the
product.

a) value b) costs c) convenience d) ingredients

22.Which of the following is NOT considered a type of reseller?

a) wholesaler b) retailer c) manufacturer d) distributor

23.The most basic level of a product is called the:

a) core product b) central product c) fundamental product d) augmented product

24.What is the last stage of the consumer decision process?

a) problem recognition b) post purchase behavior

c) alternative evaluation d)purchase

25. Adding new features to a product is advocated by which of the approaches?

a)Product Approach b)Production Approach

c)Marketing Approach d) Selling Approach

26.Parents buy toys for their children act as _______________ in the buying process.
a)Decider b) Buyer c) Maintainer d) All of the above

27. Good marketing is no accident, but a result of careful planning and ________.
a) execution b) selling d) strategies d) research

28. Marketers often use the term ________ to cover various groupings of customers.
a) people b) buying power c) demographic segment d) market

29. Bread and milk are which kind of products?

a) Specialty Products b)Convenience products

c)Shopping products d) Unsought products

30.A cluster of complementary goods and services across diverse set of industries is called
as_____________

a)Market place b) Meta market c) Market space d) Resource Market

31. The sanction obtained to commence a chit as per section 4 (subsection 1) for CFA 1982
will expire in ------ unless it is further extended.

a) 3 months b) 6 months c) 12 months d) none of these

32.The qualifications to be appointed as a Registrar's nominee as per Rule 50 under

KCFR 2012 are a degree in law from a university recognised by Government of Kerala and
holds office as ----------- in the Registration Department.

a) A Deputy Registrar

b) A District Registrar

c) A Sub Registrar

d) Any one of the above

33.The rate of interest for defaulted subscription by a non prized subscriber as been
revised with effect from-----

a) 01-01-2013 b) 02-01-2013 c) 01-04-2013 d) 02-04-2013

34. The Kerala Chitties Act 1975 had been repealed by section ------- of CFA 1982.
a) 90 b) 90(1) c) 90(2) d) 91

35.As per section 30(3) of CFA 1982 sstipulates that the contribution of defaulting
subscriber who has not been substituted, shall be paid to him within ------ days of
termination of chit.

a) 15 b) 21 c) 30 d) none of these
36.Section 80(1) of CFA 1982 declares all offences under -------- shall be cognizable.
a) section 11 b) section 19 c) Section 20 d) None of these

37.A chit agreement shall not be altered, added or cancelled except with the consent in
writing of --------- to the chit as per section 15.

a) The foreman only

b) The foreman and all the subscribers

c) The foreman and non prized subscribers

d) The non prized & unpaid prized subscribers

38.CFA 1982 came into force in Kerala State on --------- as per Central Government
notification No. S.O. 950(E) dated 30-04-2012.

a) 30-04-2012 b) 08-05-2012 c) 04-06-2012 d) 05-06-2012

39.Every endorsement of registration made by the Assistant Registrar of Chits in the chit
agreement shall lapse if the declaration by the foreman is not filed within --------mon ths
without the approval of the State Government

a) 2 b) 3 c) 6 d) 12

40. If the foreman had been convicted of any offence involving moral turpitude and
sentenced to imprisonment will be eligible for prior sanction to conduct a chit after -------
years from his release from imprisonment.

a) 2 b) 3 c) 4 d) 5

41. There are -------- explanations given in the CFA 1982.

a) 3 b) 5 c) 8 d) 10

42. The benefits accruing to the subscriber in the chit be paid to his/her ------------ in the
case of death of the subscriber or became incapable of making an agreement

a) Spouse b) Nominee c) Legal heirs d)none of these

43. The foreman shall be entitled to obtain the chit amount at the first installment without
deduction of discount as per section------ of CFA 1982.

a) 21 b) 21 c) 21 d)21

44.As per Rule 18 of KCFR 2012, the minutes of proceedings of every draw shall be in the
form-----
a) XV b) XX c) XXV d) XXVIII

45.As per Rule 38 of KCFR 2012, the final orders passed by the--------- shall be conclusive
evidence of the several claims to be met out of the chit assets.

a) Registrar b) Government c) Foreman d) none of these

46. Maximum period of repayment of KPL is ------- for public upto an amount of Rs.25000/-
a)24 months b) 36 months c) 48 months d) 60 months

47.The maximum loan amount of Mangalya Loan has been revised to Rs. 250000/- on the
condition that the amount will be limited to 10 times the-------------

a) Basic Pay b) Basic Pay+DA c)Gross Salary d) Net Salary

48. Educational Allowance for a sum of Rs. ----------- per month will be allowed to the
parents of physically/mentally challenged children as per our new settlement due on
01-08-2012

a) 400/- b) 450/- c) 500/- d) 550/-

49. The minimum period of service requiredfor the eligibility of Employees House Loan
will be --------years.

a) 3 b) 4 c) 5 d) 6

50. The maximum repayment period of loan for the Renovation/Extension of existing
house is -------- years.

a) 7 b) 10 c) 15 d) 20

51. Maximum cost per sq. feet of flat for valuation purpose under KSFE Housing Loan
Scheme is Rs.-------

a) 2500/- b) 3000/- c)3500/- d) 4000/-

52.The additional manager in the super branches can excercise upto the limit of ----- of the
sanctioning power of the concerned unit head.

a) 25% b) 50% c) 60% d) 75%

53.The gross chitty business to be done by KSFE during current financial year 2016-17
is----- crores.

a) 400 b) 410 c)425 d) 440

54. On chitty related income the service tax rate after abatement will be ------- with effect
from 01-06-2016.

a) 10.50% b) 14% c) 14.5% d) 15%

55.The rate of interest of fixed deposits for KSFE employees with effect from 07-07-2016
is-------

a) 7.50% b) 8% c) 8.75% d) 9.25%

56.The Government of Kerala have introduced an online system called SPARK, a software
for online processing of salary recovery of Government Employees from ---- onwards.

a) May 2016 b) June 2016 c) July 2016 d) August 2016

57.As per our internal campaign IDLI-2016, D stands for--------

a) Department b)Data c) Duty d) Drive

58.A prized subscriber meets with unfortunate death sahall be eligible for waivedr of his
future liability subject to maximum of Rs. 2 lakhs upto------ of the registration of the
concerned chitty.

a)6 months b) 1 year c) 18 months d) 2 years

59.The remuneration of office attendent engaged on daily wage basis is Rs.--------

a)600/- b) 625/- c) 650/- d) 675/-

60.All cheques shall be normally cleared within ------ from the date of deposit of cheques to
the bank.

a) 3 working days b) 3 Bank working days

c) 7 Bank working days d) 7 working days

61.The responsibility of the custody of property documents is vested with--------

a) Branch Manager only

b) Branch Manager and Assistant manager in charge of payment

c) Branch managaer and Assistant in charge of payment

d) Assistant Manager in charge of payment only

62.In view of ONAM 2016, festival allowance to Retired employees is Rs.------

a) 2400/- b) 2500/- c) 3000/- d) 4000/-
63. The rate per kg. of disposal of old out-dated Waste ledger/ledger papers is Rs.--------
a) 6/- b) 6.5/- c) 7/- d) 7.5/-

64.Furnishing and uploading false information on the website of Investor Education and
Protection Fund is liable for punishment as per section -------- of Companies Act 1956.

a) 629 A b) 692 A c) 629 B d) 692 B

65.Amount of appraiser charges per packet is 0.2% of loan amount/security amount

subject to minimum of Rs.------- and maximum of Rs. 200/-.

a) 20/- b) 50/- c ) 100/- d) Nil

66. Which of the following officer is assigned with the charge of Company Secretary.
a) Prasad. S (2055), DGM

b) Madhu Mohan C. K (2126), Chief Manager HG

c) Manoj Kumar V.R (4305), Chief Manager HG

d) Somanathan A.N (784), Chief Manager HG

67.Admission of Mortgage by Mortgagers under property security is in the form-------

a) Prop: 4 b) Prop: 5 c)Prop: 6 d)Prop: 7

68.Concerned branches may incur an amount of Rs.------- to conduct the prize distribution
function in connection with BSC 2015 draw winners.

a) 5000/- b) 7500/- c) 10000/- d) 15000/-

69.Based on the amendments in the Finance Act 2016, all branches are directed to deduct
tax at source on Agency/ Door Collection commission paid to agents at the revised rate of
5% with effect from --------

a) 01-04-2016 b) 01-05-2016 c) 01-06-2016 d) 01-07-2016

70.As on 31-03-2016, the oustanding amount of Gold loan in KSFE is -----crores

a) 742.64 b) 742.46 c) 820.23 d) 802.23

71.The --------- of business letter is called layout.

a) Body b) content c) pattern d)All of the above
72. Goals helps us to----------
a)Communicate b) Success c) Work d)Motivate

73. A satisfied employee will be a ----------

a) Motivator to others b) Manager c) High performer d) Team Leader

74. Every individual is -----------by their pesrsonality.

a) Intellectual b) Specific c) Systematic d) Unique

75.'Job loading’ means --------

a) Shifting of an employee from one job to another

b) Deliberate upgrading of responsibility, scope and challenge

c) Making the job more interesting

d) None of the above

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Preapred By Gopakumar G,Manager, KSFE

Availabe for Download @ ksfesa.com