NISM Series II B - Registrar and Transfer Agents (MF) Certification Paper 09
| Q1.When an NRI makes an application by a cheque, the cheque has to draw on _ account. |
| Foreign Currency Non-Resident (FCNR) |
| Non-Resident External (NRE) |
| On T + 2 day |
| On T+ 3 day |
| Q 2.Redemption cheques are drawn payable to ____ in a folio. |
| all the holders |
| the first holder |
| Investment Objective |
| Dividend |
| Q3.In the case of Systematic Transfer Plan (STP) and Systematic Withdrawal Plan (SWP), the applicable NAV depends on __. |
| the rules of the respective mutual fund |
| the frequency |
| both equity and debt |
| None of the above |
| Q4.FCCB allows companies to raise debt at lower rates abroad - State True or False? |
| True |
| False |
| Debt Capital |
| Equity Capital |
| Q5.Funds that have a combination of asset classes such as debt and equity in their portfolio are called ____. |
| ELSS funds |
| Hybrid funds |
| Preference Shares |
| Private placements |
| Q6.A document that has to be time-stamped is passed through a slot in the time stamping machine - State True or False? |
| True |
| False |
| Investment scheme |
| Recipient scheme |
| Q7.What type of tax will be applicable if the investor sells his equity investments within one year of purchase? |
| Long term Capital Gain Tax |
| Short Term Capital Gain Tax |
| Unrated, Rated |
| Taxable, Non-taxable |
| Q 8. When are the changes to unit capital notified to the fund? |
| On the Transaction Day |
| On T+1 day |
| Through Stock Exchanges |
| ETFs cannot be bought and sold |
| Q 9.What is predefined in a mutual fund scheme? |
| NAV |
| AUM |
| Electronically / digitally |
| No payment is done in a switch transaction |
| Q10.Hybrid funds invest in ___. |
| only equity |
| only debt |
| Monetary penalties |
| Confinement |