Introduction

The Kerala Public Service Commission (PSC) conducts recruitment exams for various government posts in Kerala. One such important examination was the Chief Internal Auditor – KSEB exam, held on 10th July 2015, under the paper code 131/2015.

This exam was conducted to recruit a Chief Internal Auditor for the Kerala State Electricity Board (KSEB), a crucial role responsible for overseeing financial audits, ensuring compliance with regulations, and maintaining financial integrity within KSEB.

Exam Pattern and Syllabus

The Kerala PSC Chief Internal Auditor exam consisted of multiple-choice questions (MCQs) covering core topics related to auditing, finance, and general awareness. Below is a breakdown of the key areas covered in the exam:

1. Accounting and Auditing Principles

This section tested the candidate's knowledge of financial and auditing standards, including:

• Principles of Accounting
• Financial Statements (Balance Sheet, Profit & Loss, Cash Flow Statements)Cost Accounting and Management Accounting
• Internal Auditing Concepts and Procedures
• Accounting Standards (AS) and Auditing Standards (SA)Risk Management and Internal Controls
• Taxation and Regulatory Compliance

2. Financial Management

To assess the financial decision-making ability of candidates, this section included:

• Capital Budgeting and Investment Decisions
• Financial Analysis and Reporting
• Working Capital Management
• Cost Control and Cost Reduction Techniques
• Financial Planning and Risk Assessment

3. Kerala State Electricity Board (KSEB) and Power Sector Knowledge

Since the role was specific to KSEB, candidates were tested on:

• Structure and Functions of KSEB
• Kerala Power Sector Policies and Regulations
• Electricity Tariff and Pricing Mechanism
• Regulatory Authorities and Energy Laws
• Financial Management in Power Sector Utilities

4. General Knowledge & Current Affairs

This section evaluated candidates’ awareness of current events and general knowledge, covering:

• Indian Economy and Financial System
• Important National and International Events
• Indian Constitution and Governance
• Kerala History and Culture
• Science and Technology Developments

5. Logical Reasoning & Quantitative Aptitude

To test analytical and problem-solving abilities, this section included:

• Number Series and Data Interpretation
• Logical Deductions and Puzzles
• Profit and Loss, Ratio & Proportion
• Time & Work, Speed & Distance
• Coding-Decoding and Syllogisms

  Click the below link to download PDF format of Kerala PSC Previous Question Paper of Chief Internal Auditor