Punjab Exam Knowledge : December 2015

IMPORTANT QUESTION OF GK WHICH ASK IN (19 AND 20 DEC)ONLINE LDC EXAM

EVENING SHIFT(BOTH 19 AND 20 DEC EXAM)

1 chairman of 3rd finance commisssion
2 rbi does not issue 1 ruppee 2ruppee 5ruppee noe
3 india covers —- of world area
4 annuel budget does not contain following a)actual figure of preceeding year b) expenditure for cutrent year c)budget estimate for following year d) budget and revised figure of current year
5 railway budget 2015-16presented by
6 who administer oath of office to president
7 gandhi irwin pact was signed in
8 universal adult franchise in india is for all citizen of 18 year above
9 mammography deals with
10 as per census 2011 total projected population for india in 2026 is
11 first muncipal corporation
12 indian rupee got its official symbol on
13 rbc also known as
14 which of following used as catalyst during synthesis of h2so4
15 which lens is used for remedy from presbyopia
16 who considered as father of muslim rule in india

17 justice sk sinha has been apointed as the chief justice of bangladesh on which date
18 the winner of stockholm water prize 2015?
19 strength of legislature assembly of maharashtra is
20 largest natural port in india

MORNING SHIFT(19 AND 20 DEC)

1.What is the kingdom of Thansenshwar- HARSWARDHAN
2.The courts were given power to interpret rules and regulation as per article-21
3.Cost of INdian Mars Orbiter-Mangalyaan mission cost just 4.5 billion rupees — or about $74 million
4.Karnatka Diwas celebrated on-1 November
5.Oil and Natural Gas corporation establish in whicy five year plan-2nd Five Year Plan (1956-57 to 1960-61 ).
6.Unemployed caused due to depression in an economy
7.The deepest fresh water lake-Lake Baikal
8.Creation of preamble for constitution was suggested
9.Andaman and nicobar islands are separted by
10.Article related to salaries of supreme court judges
11.Study of cells
12.What is used in Match stick
13.S illtumish was a slave of which king-QUDIT KU DIN
14.ADB establish in
15.Article 321 under constitution covers
16.which bank sponser venture fund fnance for SC
17.TRIFED was established
18.1 Chandrasekar limit
19.What is email attached size
20.Dilli Chalo Salogan raised by
21.Gun Powder Composition
22.President give his resignation to whom
23.In the absence of president and V.P who will be incharge of country
24.Estbilshment of IDBI
25.The material used in the manufacture of lead
26.Chemical name of Washing Soda
27.Frontier Gandhi of India
28.Year of Quit India movement-
29.Todar mal is the finance minister in which kingdom
30.In which year INdia switched to decimal currency
31.when East India company transer its power to British Parliament
32.Article 21A Belongs to
International

MOST IMPORTANT QUESTION OF AUDITING FOR UDC ACCOUNTS, REVENUE ACCOUNTS AND INTERNAL AUDITOR

1. The term “Audit” originated from the Latin worda
(a)Audire           b) Adhere
c) Adihere    d) None of the above
2. The basis for decision making by the management is
a)Accounting statements b) Financial Statement
c) Bank statements d) None of the above
3. The management takes so many decisio
ns on the basis of
a)Accounting statement b) Financial statements
c) Bank statements                  d) None of the above
4. The authenticity of financial statements is very essential and such authenticity of accounts
can be assured with the help of an
a)Internal Audit                      b) Performance Audit
c) Independant Audit           d) None of the above
5. Examination of books of accounts with supporting vouchers and documents in order to detect
and prevent error and fraud is the main function of
a)Accountant b) Management
c) Company Director d) Auditing

6. Express an opinion on the financial or non financial areas is the goal of
a)Accounting                  b) Managing
c) Auditing                        d) None of the above
7. In the case of financial audit, a set of financial statements are said to be true and fair when they
are free of
a)Error b) Fraud
c) Material Misstatements d) None of the above
8. Audit deals with checking, verification and examination of
a)Accounts b) Finance
c) Management                 d) None of the above
9. Time, extent and nature of audit depend upon effectiveness of
a)Environmental Control System              b) Management Control System
c) Both(a) and (b)above                                   d) Internal Control System
10. ________ is responsible for ‘Maintenence of accounts”
a) Auditing b) Accountong
c) Both (a) and (b)above      d) Management
11. Auditor has to report that accounts have been prepared as per GAAP and presents a ____
a) Correct view of business operantions
b) Authentic view of business operations
c) Both(a) and (b)above
d) true and fair view of business operation
12. Auditing can be defined as an independent examination of –
a) Financial records                       b)Non financial records
c) Both(a) and (b)above             d) None of the above
13. The objective of an audit of financial statements is to enable an auditor to …………. on
financial statements
a) Complition of an audit               b) Express on opinion
c) Check the transaction                 d) Check frauds
14. Accounts maintenance is the function of …….
a) Auditor                        b) Accountant
c) Auditor staff            d) Practicing Professionals
15. The main object of an audit is
a)Expression of opinion         b) Detection and prevention of fraud and error
c) Both(a) and (b)above         d) Depends on the type of audit
16. Review of system and procedure is the primary function of
a)Accounting           b) management
c) Auditing                  d) None of the above
17. Review of internal contol system is very important for the auditor as the effectives of internal
control system will determine the extent of checking to be done by the -\
a) Accountant                  b) Management
c) Both accountant and management            d) Auditor
18. The compliance test and substantive procedures performed by the auditor will determine the
effectiveness of –
a) Management Accounting System           b) Cost Accounting system
c)I nternal Audit system                 d)I nternal Control system
19. Auditor has to cpmpare the balance sheet and Profit and liss account or other statement with
the
a)Bank statement                  b) Cash Book
c) Both (a) and (b) above           d) Books of Accounts and supporting vouchers
20. The auditor has to give its opinion whether the financial statements depicts
a) Correct view of the accounts          b) Acceptable view of the accounts
c) True and fair view of the state of affairs of organization
d) None of the above

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PSPCL REPLIED TODAY REGARDING E ADMIT CARD AND PHASE 2 SCHEDULE

Dear Candidate,

The online examination for the post of LDC/Cashier has been scheduled in 02 phases. First phase is being conducted on 19th and 20th December, 2015.
Your exam will be held in January, 2016 and e-admit will be sent to you about 10 days before the examination.
Thanks
Dy. Secy/Rectt.
PSPCL