NISM Series V A Mutual Fund Distributors Paper 18
NISM Series V A Mutual Fund Distributors Paper 18
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| Q1.The facility of Application Supported by Blocked Amount (ASBA) can be used for ___. |
| application for additional purchase of MF units |
| applications by SIP |
| application for New Fund Offers (NFO) |
| Fresh purchase by a new investor of an existing scheme |
| Q2.When is the Scheme Information Document (SID) updated? |
| Every year |
| Every month |
| Every two years |
| As per AMC decision |
| Q 3.Which of these entities can invest in Indian mutual funds? A) Foreign portfolio investor B) Insurance company C) Salaried individual |
| Only C |
| A and B |
| B and C |
| All A, B, and C |
| Q4.Distributors can 'opt-out' of charging transaction charges __. |
| at AMC level |
| at investor level |
| at scheme level |
| at distributor level |
| Q5.Which is the first step that a mutual fund distributor should take in building a mutual fund portfolio for his investors? |
| He should list the best performing funds for the investor to select |
| He should set the financial goals of the investor |
| He should invest the amount in a liquid fund and set a Systematic Transfer Plan in good equity funds |
| He should list good equity funds with the lowest expense ratio for the investor to select |
| Q6.Relaxation in documentation requirements for micro-SIPs is available for _____. |
| Non-Resident Indians |
| Non-Individulas |
| Hindu Undivided Family |
| None of the Above |
| Q7.Gold Future Contracts _____. |
| are traded on the Commodity Exchanges |
| are not standardized products |
| can be bought through Mutual Funds |
| None of the above |
| Q8.Different investors have different investment needs and objectives. This is the reason Mutual Fund offers different __. |
| Plans |
| Options |
| Schemes |
| Time horizons. |
| Q9.Identify the true statement with respect to 'Unclaimed Dividend' in mutual fund schemes. |
| If the plan is a regular plan, then it is the distributor's responsibility that the investor claims the dues |
| It is the sole responsibility of the investor that he/she claims the dues |
| The Asset Management Company (AMC) is expected to make a continuous effort to remind the investors through letters to claim their dues. |
| All of the above are true |
| Q10.Does every trust have beneficiaries - True or False? |
| True |
| False |