NISM Series II B - Registrar and Transfer Agents (MF) Certification Paper 07
| Q1.Diversified Equity Mutual Funds are funds that can invest in the broad equity markets - True or False? |
| True |
| False |
| Custodians |
| Banks |
| Q2.What is the meaning of the 'coupon' of a debenture? |
| It is the rate of interest applied to the face value of the debenture |
| It is the discount on the debenture |
| Only buy the units |
| Both buy and sell units |
| Q3.Preference Shareholders have a preference in the payment of dividends over debenture holders and in the return of capital, if the company is wound up - State True or False? |
| True |
| False |
| By a Circular |
| No need to inform the change in content |
| Q 4.Who provides collection services to Mutual Funds? |
| R&T Agents |
| Investor Service Centers (ISC) |
| Junk bond Funds |
| Income Funds |
| Q5.Once the NFO closes and the scheme reopen for the continuous offer, an investor can ___. |
| Only sell the units |
| First, buy and then sell the units |
| ELSS Funds |
| All Equity Funds |
| Q6.How are the changes to the content in an offer document communicated to the investors? |
| By letters to all investors |
| By an Addendum |
| AMFI |
| Income Tax Office |
| Q7.What are High-yield Debt Funds also known as? |
| Risky Funds |
| Floating Rate Funds |
| SEBI |
| All of the above |
| Q8.In which of these mutual funds can an investor get the benefit of Sec 80 C? |
| Debt Funds |
| Balanced Funds |
| Both close and open-ended schemes |
| None of the above |
| Q9.Who issues the Permanent Account Number (PAN)? |
| SEBI |
| Reserve Bank of India |
| (Cost Price of the portfolio - Expenses and liabilities) / (Number of units outstanding) |
| (Unit value of the portfolio - Expenses and liabilities) / (Number of units outstanding) |
| Q10.Inflow and outflow resulting from transactions are reported to the __. |
| AMC Treasury |
| Investor Service Center |
| KYC number |
| Folio number |