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

📂 SET-16

Question 1 of 20 Demo

The Price Earning (PE) Ratioof a company is 7 and its Earning Per Share isRs 10. What is the Market Price of this company?

A a) Rs 49 B b) Rs 70 C c) Rs 700 D d) Rs 10

0 / 1000

✅ Comment sent!

📂 SET-15

Question 2 of 20 Demo

Identify the true statement(s) with respect to stamping of application for Non Financial transactions of a mutual fund. Time stamping is relevant Date stamping is pertinent Date and Time stamping is done

A a) All A, B and C are true B b) Only A and B are true C c) Only B and C are true D d) Only A and C are true

0 / 1000

✅ Comment sent!

Question 3 of 20 Demo

What is the full form of:-

A a) Terminal Expense Range B b) Total Expense Ratio C c) Total External Ratio D d) Terminal Expense ratio

0 / 1000

✅ Comment sent!

📂 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

0 / 1000

✅ Comment sent!

📂 SET-6

Question 5 of 20 Demo

An EXISTING investor invests Rs 15,000 in Direct Plan of an Equity Fund. How much amount will be available for investment after deduction of Transaction charges?

A a) Rs 14,850 B b) Rs 14,900 C c) Rs 15,000 D d) Rs 14,975

0 / 1000

✅ Comment sent!

📂 Chapter-9

Question 6 of 20 Demo

Open-ended schemes, except ELSS, have to re-open for ongoing sale / re- purchase within business days of allotment.

A a) 3 B b) 5 C c) 10 D d) 30

0 / 1000

✅ Comment sent!

Question 7 of 20 Demo

Which of the following statements is ‘False’ with respect to SEBI’s Advertising Code for mutual funds?

A a) No celebrities shall form part of the advertisement B b) Advertisements can carry any slogan that is exaggerated or unwarranted or slogan that is inconsistent with or unrelated to the nature and risk and return profile of the product. C c) No advertisement shall directly or indirectly discredit other advertisements or make unfair comparisons. D d) Both (a) & (b)

0 / 1000

✅ Comment sent!

📂 SET-10

Question 8 of 20 Demo

Which of the below investments can be used for tax benefits?

A a) Fixed Deposits in Nationalised Banks B b) PPF C c) Post Office Deposits D d) Investments in Balanced Funds

0 / 1000

✅ Comment sent!

📂 SET-15

Question 9 of 20 Demo

According to the Certified Financial Planner - Board of Standards (USA), the third stage in Financial Planning is

A a) Establish and Define the client planner relationship B b) Gather client data C c) Define client goals D d) Analyse and Evaluate Client's Financial Status

0 / 1000

✅ Comment sent!

📂 SET-3

Question 10 of 20 Demo

Dividend is __________ under the Dividend Reinvestment Plan.

A a) Reinvested in the scheme at the Ex Dividend NAV to buy additional units B b) Reinvested in the scheme at the Cum Dividend NAV to buy additional units C c) Accumulated and paid at the end of financial year D d) Accumulated and paid once a specific amount is accumulated

0 / 1000

✅ Comment sent!

📂 SET-7

Question 11 of 20 Demo

AMFI Code of Ethics states that ___________ cannot become a distributor of mutual fund.

A a) Banks B b) HNIs C c) Employees of AMC D d) Empanelled distributors

0 / 1000

✅ Comment sent!

📂 SET-6

Question 12 of 20 Demo

SEBI code of Conduct lay down broad principles, the AMFI Code of Ethics (ACE) set the more explicit standard for

A a) AMC & Trustee B b) AMC & Custodian C c) AMC & RTA D d) AMC & Mutual Fund Distributors

0 / 1000

✅ Comment sent!

📂 SET-10

Question 13 of 20 Demo

The benchmark for a Gilt fund investing in Government Securities with maturities ranging from 1 to 3 years is ______________.

A a) Si-Bex B b) Mi-Bex C c) Li-Bex D d) None of the above

0 / 1000

✅ Comment sent!

📂 Chapter-7

Question 14 of 20 Demo

AMC can charge investment and advisory fees on the segregated portfolio.

A a) TRUE B b) FALSE

0 / 1000

✅ Comment sent!

📂 SET-12

Question 15 of 20 Demo

Which expenses can be charged by the AMC to a mutual fund scheme ?

A a) Expenses which are incurred to manage the fund B b) Expenses which are incurred to launch the fund C c) Expenses which are incurred by the AMC D d) Expenses which are incurred by the investors in buying the fund

0 / 1000

✅ Comment sent!

📂 SET-13

Question 16 of 20 Demo

There are no penalties for breach of code of conduct as mandated by AGNI - True or False ?

A a) TRUE B b) FALSE

0 / 1000

✅ Comment sent!

📂 Chapter-1

Question 17 of 20 Demo

When the interest rate in the economy increases, the price of existing bonds __ .

A a. Increases B b. Fluctuate C c. Decreases

0 / 1000

✅ Comment sent!

📂 SET-6

Question 18 of 20 Demo

Which of these expenses can be charged to a fund?

A a) Office salaries of fund management team B b) Rent of the AMC registered office C c) AMC general administration expenses D d) Custodian and Fund Administrator fees

0 / 1000

✅ Comment sent!

📂 Chapter-3

Question 19 of 20 Demo

To sell mutual fund schemes, distributors must:

A a) Register with NSE B b) Pass NISM Series V-A and register with AMFI C c) Pass CA exam D d) Register with RBI

0 / 1000

✅ Comment sent!

📂 SET-15

Question 20 of 20 Demo

Role of Credit rating agencies is highest in

A a) Debt Fund B b) Gold Fund C c) Real Estate Fund D d) Equity

0 / 1000

✅ Comment sent!

Finish Demo?

Session Ended