NISM MUTUAL FUND FOUNDATION 6

Q (20): 

To transfer the management of a scheme from one AMC to another, the consent of the following is required

  SEBI

  Unit holders

  both SEBI and unit holders

  none of the above

Q (21): 

Under new NPS scheme, Tier I is the Pension account while Tier II is a Savings account

  (A) True

  (B) False

Q (22): 

Units are repurchase in closed end fund at

  Higher than NAV

  Lower than NAV

  Whatever the price higher than NAV or lower than NAV

  At NAV price only

Q (23): 

Value stocks

  have high current dividend yield

  yield high growth in earnings

  are currently under valued

  none of the above

Q (24): 

What is active switching ?

  Using telephone swithing method to actively move and out of different schemes of different fund complex

  Using telephone swithing method to actively move and out of different schemes of same fund complex

  Using telephone switching method to atively move and out of the same scheme of the same fund complex

  Using telephone switching method to atively move and out of the same scheme of the different fund complex

Q (25): 

What is the impact of very high churning frequency?

  More expensive

  No effect on investor returns

  More investor returns

  Depends upon the fund type

Q (5): 

Investments made by a mutual fund on behalf of investors are accounted as

  assets

  liabilities

  capital

  none of the above

Q (6): 

Issuing and redeeming units of a mutual fund is the role of-

  The custodian

  Registrar and transfer agents

  The trustees

  The bankers

Q (7): 

KYC documentation is necessary for

  Individual only

  Only HUF

  Individual and HUF

  Only institutional investors

Q (8): 

&p>Low risk (conservative portfolio) consists of ?&/p>

  <p&Portfolio 40% Growth an income funds+ 30% Govt.Bond funds +20%Growth funds +10% index funds.<

  <p&50% Government securities funds + 50% Money Market Funds.<

  <p&25% aggressive growth funds +25% international funds 25% Sector funds + 15% High Yield Bond funds + 10% Gold Funds.<

  <p&100% Liquid fund<

Q (9): 

&p>Minor can earn income from&/p>

  <p&Offered Gifts<

  <p&Parents and Relatives Contribution<

  <p&Parents Income<

  <p&All of the above<

Q (10): 

Mutual fund is a not a solution to ________________

  asset allocation

  insurance

  all investment needs

  All of these

Q (11): 

Name the agency which recommends foreign direct investment(FDI) in India.

  IPA

  FIRA

  SARIO

  FIPB