Exam Overview

• Post Name: Lower Division Accountant
• Department: Kerala Small Industries Development Corporation Ltd (SIDCO)
• Paper Code: 171/2015
• Date of Examination: 16-09-2015
• Conducting Authority: Kerala Public Service Commission
• Exam Mode: Offline (OMR-based)
• Total Questions: 100
• Total Marks: 100
• Duration: 1 hour 15 minutes
• Negative Marking: 0.33 marks deducted for each incorrect answer

Exam Pattern & Syllabus

The Lower Division Accountant Exam was designed to test candidates' knowledge in accounting principles, commerce, finance, general knowledge, current affairs, reasoning, and basic numerical ability.

1. Accounting & Financial Management

• Fundamentals of Accounting (Journal Entries, Ledger, Trial Balance)
• Final Accounts & Financial Statements (Profit & Loss, Balance Sheet)
• Bank Reconciliation Statement
• Accounting Standards (Basics)
• Depreciation Accounting & Valuation
• Errors in Accounting & Rectification
• Inventory & Asset Management
• Budgeting & Cost Control

2. Commerce & Business Laws

• Principles of Commerce
• Types of Business Organizations (Sole Proprietorship, Partnership, Companies)
• Corporate Governance & Business Ethics
• Contract Act & Sale of Goods Act
• Consumer Protection Act
• E-commerce & Digital Payments
• Small Scale Industries & Their Role in Economy

3. Indian Economy & Financial System

• Structure of Indian Economy
• Banking & Insurance – Basics
• Reserve Bank of India (RBI) - Functions & Monetary Policy
• Inflation, GDP, National Income
• Public Finance & Fiscal Policy
• Stock Market & Capital Market Overview
• Foreign Trade & Balance of Payments

4. General Knowledge & Current Affairs

• History of India & Kerala (Freedom Movement, Social Reformers)
• Geography of India & Kerala (Rivers, Climate, Natural Resources)
• Indian Polity & Constitution (Fundamental Rights, Directive Principles)
• Recent Developments in Science & Technology
• Current Affairs (National & International)
• Awards, Sports, and Important Events

5. Mathematics & Logical Reasoning

• Basic Arithmetic Operations (Addition, Subtraction, Multiplication, Division)
• Percentage, Ratio & Proportion
• Profit & Loss, Simple & Compound Interest
• Time, Speed & Distance Calculations
• Data Interpretation (Graphs & Charts)
• Logical Reasoning (Series Completion, Blood Relations, Coding-Decoding)
• Analytical Ability & Problem-Solving

6. English & Malayalam Language Proficiency

• Synonyms & Antonyms
• One-word Substitutions
• Idioms & Phrases
• Spotting Errors & Sentence Correction
• Active & Passive Voice
• Direct & Indirect Speech
• Comprehension Passages
• Malayalam Grammar & Vocabulary

    Click the below link to download PDF format of Kerala PSC Previous Question Paper of Lower Division Accountant