NISM Mutual Fund Exam Paper 8

Q (1): 

Where will a person invest if he wants to invest in gold for short term.

  (A) Gold

  (B) Bullion

  (C) Gold Futures

  (D) Gold ETF

Q (2): 

Which ministry has established an export promotion cell to create a sustainable ecosystem?

  Finance ministry

  MSME ministry

  External Affairs ministry

  Ministry of Commerce and Industry

Q (3): 

Which of the following definitions is not related to income tax?

  Discount

  Simple form

  MODVAT

  Assessment year

Q (4): 

Which of the following investment products do not give guarantee for return or capital

  Bank deposits

  Public Provident Fund (PPF)

  National Savings Certificates (NSC)

  Units of a mutual fund

Q (5): 

&p>Which of the following is NOT a reason to invest in mutual funds?&/p>

  <p&Professional management of your investment<

  <p&Invest low amounts (as low as Rs. 500) in a diversified portfolio<

  <p&Flexibility to buy and sell your investments as and when you want<

  <p&Personal customized portfolio<

Q (6): 

Which of the following measures should not be taken by the Investors investing in non-gilt debt schemes?

  Track the credit quality of the portfolio

  Watch out for sector concentration in the portfolio, even if the securities have a high credit rating

  Watch out for sector concentration in the portfolio, when the securities have not got a high credit rating

  All of the above

Q (7): 

Which of the following statement is true about a close-ended mutual fund?

  A close-ended mutual fund has a fixed NAV

  A close-ended mutual fund has a fixed fund size

  A close-ended mutual fund has a fixed rate of return

  A close-ended mutual fund has a fixed number of distributors

Q (8): 

Which of the life cycle stage is mention here quot;couple becomesinterdependent with shared responsibility for the achivement of future goalquot; ?

  Childhood stage

  Young unmarried stage

  Young married stage

  Married with older childern stage

Q (9): 

Which one of the following is a feature of the top down approach of stocks selections?

  minimizes the chance of being stuck with large exposure to a poor sector

  ensures that a good stock is picked, even if it belongs to a sector that is not so hot

  analyses the company-specific factors first

  finally the macro-economic scenario and its impact on the companies that are being considered for investment

Q (10): 

Which type of fund will seek to find companies that are expected to grow at rates higher than the average economic growth rate?

  International equity fund

  Large Cap fund

  Value fund

  Arbitrage funds