NISM-Series-V-A: Mutual Fund Distributors (English)

📂 Chapter-10

Question 1 of 20 Demo

Unsystematic risk can be reduced through diversification. State whether True or False.

A a) TRUE B b) FALSE

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📂 SET-4

Question 2 of 20 Demo

Exit loads have to be credited back to the scheme immediately and are not available for the AMC to bear selling expenses

A a) TRUE B b) FALSE

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Question 3 of 20 Demo

Minimum percentage of independent directors required on the AMC board is:

A a) 10% B b) 25% C c) 50% D d) 66.67%

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📂 SET-9

Question 4 of 20 Demo

Which is the Target Scheme in a Systematic Transfer Plan ?

A a) It is the scheme with the lower NAV B b) It is the scheme with the higher NAV C c) It is the scheme from which funds are transferred D d) It is the scheme to which funds are transferred

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📂 SET-13

Question 5 of 20 Demo

Investing in International Funds reduces the dependence on any single countrys economic performance.

A a) TRUE B b) FALSE

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📂 SET-16

Question 6 of 20 Demo

Which of the following is/are True? (a) Global diversification could be one of the major reason for investing in International Funds (b) Indian investors do not have an option to diversify their investment internationally

A a) b only B b) a only C c) a and b only

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📂 SET-7

Question 7 of 20 Demo

Which of the following measures one may consider as a strategy / strategies for management of Investment risks?

A a) Avoid B b) Diversify C c) Take a position to benefit from some event / development D d) All of these

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📂 Chapter-11

Question 8 of 20 Demo

Which of the following drive the choice of benchmark in equity schemes?

A a) scheme type B b) choice of investment universe C c) portfolio concentration and underlying exposure D d) All of the above

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📂 SET-15

Question 9 of 20 Demo

Which of the below is not in a Transition phase?

A a) Buying of house B b) Providing for daughter marriage C c) Shifting of job for higher income D d) Providing for foreign study for son

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📂 SET-2

Question 10 of 20 Demo

_____ Ratio indicates of how much each share is worth, as per the company's own books of accounts.

A a) Earnings per Share B b) Price to Earnings Ratio C c) Book Value per Share D d) Price to Book Value

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📂 SET-6

Question 11 of 20 Demo

How many focused equity funds can an AMC launch ?

A a) One B b) Maximum five focused schemes can be launched by a single AMC C c) SEBI puts no restriction D d) Two

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📂 SET-11

Question 12 of 20 Demo

Its compulsory to list units of ____________ on the stock exchange.

A a) ELSS Fund B b) Close Ended Fund C c) Gilt Fund D d) Arbitrage Fund

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📂 SET-7

Question 13 of 20 Demo

In case of any conflict between the Principles of Fair Valuation and AMC's Valuation Guidelines ______________

A a) The Valuation Guidelines will prevail B b) The Principles of Fair Valuation will prevail C c) Both are same so there will never be an conflict D d) SEBI will decide which is correct

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📂 SET-1

Question 14 of 20 Demo

Which of these is NOT a function of Registrars and Transfer Agents ?

A a) Maintaining investors records B b) Processing redemption and dividend payouts C c) Analysing mutual fund performance and making it available to investors D d) Updating unit capital of fund

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📂 SET-3

Question 15 of 20 Demo

A Mutual Fund House has already launched Aggressive Hybrid Fund. Which of the following funds it cannot offer?

A a) Contra Fund B b) Balanced Hybrid C c) Conservative Hybrid D d) Arbitrage Fund

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📂 SET-7

Question 16 of 20 Demo

Today’s costs can be translated into future requirement of funds using the formula:

A a) A = P / (1 + i)^n B b) A = P X (1 + i)^n C c) P = A^n X (1 + i) D d) P = A^n X (1 + i)^n

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Question 17 of 20 Demo

At the time of New Fund Offer (NFO), which document is compulsorily filed with SEBI?

A a) Scheme Information Document B b) Statement of Additional information C c) Annual Report D d) Memorandum & Articles of Association

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📂 SET-4

Question 18 of 20 Demo

The Trustees have to take the consent of Unit Holders _____________.

A a) when the trustee’s decide to wind up the scheme B b) whenever required by 75% of the unit holders C c) whenever required by SEBI in the interest of unit holders D d) All of the above

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📂 SET-2

Question 19 of 20 Demo

Net-asset Value (NAV) reflects

A a) True worth of each unit of the scheme B b) Value calculated transparently and based on freely shared information C c) Both (a) and (b) D d) Neither (a) and (b)

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📂 SET-2

Question 20 of 20 Demo

A Mutual Fund scheme issued 36 crore units to its investors in an NFO at face value Rs 10. What is the unit capital of this scheme?

A a) Rs 36 cr B b) Rs 360 cr C c) Rs 3600 cr D d) None of the above

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Finish Demo?

Session Ended