NISM Mutual Fund Exam Paper 7

Q (11): 

If an investor failed to claim his redemption proceeds within 3 years, he can claim the proceeds at

  Par

  Prevailing NAV

  the on the date he has applied for redemption

  15% below the prevailing NAV

Q (12): 

If an investor's regular income improves then his risk appetite will also

  Increase Gradually

  Increase rapidly

  Increase slowly

  Remain constant

Q (13): 

If the investor make the online inestment which NAV will be applicable

  According to the time mention in his PC.

  According to the time mention in web browser.

  According to the time mention in web server

  According to investment Amt. time mention in web server.

Q (14): 

In audio-visual media, the disclaimer is either required to be displayed on the screen for atleast 5 seconds or communicated through a voice over.

  (A) True

  (B) False

Q (15): 

In India, Mutual fund agents' rate and services are at present defined by

  SEBI rules

  stock exchange bye-laws

  AMFI rules

  convention

Q (16): 

In the equity-linked savings scheme, what is the minimum lock-in period?

  2 years

  2 years and 6 months

  3 years

  3 years and 6 months

Q (17): 

In which year, the Unit Trust of India (UTI) was set up?

  1963

  1904

  1968

  1970

Q (18): 

Initial or Upfront commission is decided by

  (A) AMC

  (B) SEBI

  Investor

  Distributor

Q (19): 

Investments in an Equity Linked Savings (ELSS)

  Entitles the investor to claim income tax rebate

  Requires the investment to be locked in for a period of 3 years

  Automatically leads to investment in equity shares

  All of these

Q (20): 

Investors do not always look for returns while investing in ?

  Mutual Funds

  Real Estate

  Gold

  Bank Deposits