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

📂 SET-16

Question 1 of 20 Demo

Dividend Distribution Tax (DDT) on Equity oriented mutual fund schemes for Corporate Investors is ___________.

A a) 10% B b) 25% C c) 30% D d) NIL TAX

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📂 SET-6

Question 2 of 20 Demo

How many multi cap equity funds can an AMC launch?

A a) Two B b) Maximum Three Multicap Funds each focusing Large, Mid and Small cap respectively C c) SEBI puts no restriction and hence any number of Multicap Fund can be launched D d) One

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📂 SET-5

Question 3 of 20 Demo

On what basis will the payment be made to an investor who claims his erstwhile unclaimed redemption amount within three years?

A a) The amount paid will based on the prevailing NAV after adding the income earned on the unclaimed profits B b) The amount paid will based on the NAV at the time of original redemption plus income earned on the unclaimed amount C c) The amount paid will based on the NAV at the time of original redemption plus income earned on the unclaimed amount and deducting any penalty on the same D d) The amount paid will based on the average of the NAV at the time original redemption and todays NAV after accounting for income earned and penalty if any

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Question 4 of 20 Demo

When investing in Equity, the majority of gains generally come through ________.

A a) Dividend Income B b) Tax Savings C c) Capital Gains D d) Interest Received

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📂 Chapter-4

Question 5 of 20 Demo

Which of the following regulates mutual fundsin India?

A a) Securities and Exchange Board of India B b) Association of Mutual Funds in India C c) Asset Management Companies D d) Board of Trustees of mutual funds

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📂 Chapter-10

Question 6 of 20 Demo

______ style entails investing in high growth stocks i.e stocks of companies that are likely to grow much faster than the market.

A a) Growth investment B b) Value investment C c) Top Down D d) Bottom Up

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📂 SET-9

Question 7 of 20 Demo

Equity capital gives returns from _________ and __________ for the investor.

A a) Dividends and Capital Appreciation B b) Interest and Capital Appreciation C c) Cumulative Interest and Dividends D d) Dividends and Capital Depreciation

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📂 SET-9

Question 8 of 20 Demo

The securities that a mutual fund scheme invests in depend upon its ________.

A a) Investment objective B b) Investment style C c) Investment plan D d) Tax scenario

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📂 SET-15

Question 9 of 20 Demo

Which of the distribution channel does not have wide branch network

A a) Bank B b) Distribution House C c) Broking company D d) IFA

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📂 Chapter-4

Question 10 of 20 Demo

Investors have the right to specify up to ___nominees for their mutual fund investment folios.

A a) Zero B b) One C c) Two D d) Three

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📂 SET-13

Question 11 of 20 Demo

A Mutual Fund scheme gave an annualised return of 9.86% and the annualised Standard Deviation of the fund is 3.47. The current risk free return is 8%. Calculate the Sharpe Ratio.

A a) 0.89 B b) 0.72 C c) 0.49 D d) 0.35

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📂 SET-2

Question 12 of 20 Demo

What does a higher portfolio turnover imply?

A a) It implies higher transaction costs B b) It implies higher capital gains C c) It implies lower capital gains D d) It implies a long term orientation of the fund

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📂 SET-7

Question 13 of 20 Demo

For which of the following options within the scheme is the portfolio performance the same?

A a) Dividend payout and Dividend re-investment B b) Dividend payout and growth C c) Dividend re-investment and growth D d) Dividend payout, Dividend re-investment and Growth

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📂 SET-15

Question 14 of 20 Demo

Idenfity the true statement(s) - Individuals can register up to five bank accounts with a mutual fund A Non-Individual can register up to ten bank accounts with a mutual fund

A a) Only A is correct B b) Only B is correct C c) Both A and B are correct D d) Both A and B are incorrect

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📂 SET-17

Question 15 of 20 Demo

The following are not termed as "sales practices"

A a) agents commission B b) before-and after-sales service to investors C c) advertising of schemes D d) stock broking

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📂 SET-16

Question 16 of 20 Demo

Identify the TRUE statements with respect to Transmission of mutual fund units - A) Before the transfer is effected, the mutual fund will insist for an indemnity against future problems for the mutual fund arising out of the transfer B) Before the transfer is effected, the mutual fund will not insist on the death certificate of the deceased unit-holder C) Before the transfer is effected, the mutual fund will insist on the KYC documentation from the nominee

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

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📂 SET-17

Question 17 of 20 Demo

Which of the following type of analysis tracks the price and volume data related to trading in the security?

A a) Quantitative analysis B b) Fundamental analysis C c) Technical analysis D d) Situation analysis

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📂 SET-3

Question 18 of 20 Demo

When investing in Equity, the majority of gains generally come through __________.

A a) Dividend Income B b) Tax Savings C c) Capital Gains D d) Interest Received

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Question 19 of 20 Demo

An important objective of SEBI is to represent to the Government, Reserve Bank of India and other bodies on all matters relating to the Mutual Fund Industry - True or False ?

A a) TRUE B b) FALSE

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📂 Chapter-9

Question 20 of 20 Demo

Systematic Transfer Plan (STP) is the combination of SWP & SIP.

A a) True B b) False

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Finish Demo?

Session Ended