NISM Series V A Mutual Fund Distributors Paper 17
| Q1.On liquidity parameters, which is most liquid? |
| Equity Shares |
| Gold |
| Bank Fixed Deposits |
| Real Estate |
| Q 2.In which document is a commentary on the current state of the economy and markets is also generally provided? |
| Statement of Additional Information (SAI) |
| Key Information Memorandum (KIM) |
| Fund Fact Sheet |
| Scheme Information Document (SID) |
| Q3.“Please read the scheme-related documents carefully” – which documents does this line refer to? |
| Scheme Information Document and Statement of Additional Information |
| Statement of Additional Information and fund fact sheet |
| Trust deed and Key Information Memorandum |
| Scheme Information Document and audited balance sheet of the Asset Management Company |
| Q4.The Entry / Exit Loads and Taxes do not have an impact on the returns to the investors - True or False? |
| True |
| False |
| Q 5.Units of Close Ended Mutual Funds can be bought/sold on the Stock Exchange - True or False? |
| False |
| True |
| Q6.Which expenses can be charged by the AMC to a mutual fund scheme? |
| Expenses that are incurred to manage the fund |
| Expenses that are incurred to launch the fund |
| Expenses that are incurred by the AMC |
| Expenses that are incurred by the investors in buying the fund |
| Q 7. Long-term debt funds would be sensible in declining interest rate scenarios - True or False? |
| True |
| False |
| Q8.Relaxation in documentation requirements for micro-SIPs is not available for ____. |
| Non-Resident Indians |
| Hindu Undivided Family |
| Individuals |
| All of the above |
| Q9.Management fees cannot be charged by liquid schemes on funds parked in short-term deposits of commercial banks - True or False? |
| True |
| False |
| Q10.If one wants to know the General Risk Factors, then which document should he read? |
| Fund Fact Sheet |
| Documents filed with SEBI |
| Key information memorandum (KIM) |
| Scheme Information Document (SID) |