NISM Mutual Fund Exam Paper 6

Q (1): 

As per SEBI regulations, every application form needs to be accompanied by

  (A) SID

  (B) SAI

  Offer Document

  (D) KIM

Q (2): 

Benefits of Demat A/C are

  Direct credit of bonus units

  Making available screen based platforms for purchase and sale of Mutual Fund Schemes

  Single point of address change

  All of the above

Q (3): 

Clearing the certifying examination and getting SEBI's permission are mandatory before an agent can start selling mutual funds.

  (A) True

  (B) False

Q (4): 

Debt funds target

  low risk and stable income

  protection of principal

  high growth with risk

  long term capital appreciation

Q (5): 

DTAA means,

  Dividend tax Authorised Association

  Double Taxation Avoidance Agreement

  Double Taxation Acceptance Agreement

  Double Taxation Authorised Agreement

Q (6): 

FMP is mostly a closed end fund

  (A) True

  (B) False

Q (7): 

For regulation of the Insurance Trade in the country the Government has formed:

  SEBI

  Reserve Bank of India

  Insurance Regulatory and Development Authority of India

  General Insurance Corporation

Q (8): 

Fundamental analysis is evaluation of the strength of the company's price-volume charts.

  (A) True

  (B) False

Q (9): 

G-Sec papers are normally issued on a ?

  Short term basis

  Medium term basis

  Long term basis

  Very short term basis

Q (10): 

How much total expenses of the scheme including weighted average of charges levied by the underlying schemes in the case of fund of funds scheme?

  1.25%

  2.25%

  2.50%

  3%