NISM Series V A Mutual Fund Distributors Paper 21
| Q1.Condensed financial information for schemes launched in the last 3 financial years is mentioned in the _____. |
| Scheme Information Document (SID) |
| Statement of Additional Information (SAI) |
| Fact Sheet |
| Prospectus |
| Q2.The investors of a mutual fund can terminate the AMC or wind up a scheme if __ % or more of the unit holders agree to it. |
| 0.5 |
| 0.6 |
| 0.7 |
| 0.75 |
| Q3.Which of the following is true with respect to Growth Options in Mutual Fund schemes? |
| The change in NAV captures the scheme performance |
| Units rise or fall depending on the performance of the scheme |
| The NAV falls as and when a dividend is declared |
| Dividend Distribution Tax is applicable |
| Q4.A person wishes to avail of a loan. For which of the below options he cannot get a loan? |
| To start a textile factory |
| To buy a car of value above Rs 20 lacs |
| To buy a high priced lottery ticket |
| To buy a house in a Union Territory |
| Q5.You have to construct a model portfolio for your client - which amongst the following factors will you consider? |
| Clients Employment status |
| Clients Risk Profile |
| The size of the portfolio |
| All of above |
| Q 6. Identify which statement is true? |
| Investors cannot hold the units of a mutual fund infraction of 1 unit |
| Investors can hold the units of a mutual fund infraction of 1 unit |
| Investors can hold the units of a mutual fund in market lots of 50 units |
| Investors can hold the units of a mutual fund in market lots of 100 units |
| Q7.A Mutual Fund scheme gave an annualized return of 9.86% and the annualized Standard Deviation of the fund is 3.47. The current risk-free return is 8%. Calculate the Sharpe Ratio. |
| 0.89 |
| 0.72 |
| 0.49 |
| 0.53 |
| Q8.The _____ is the phase when the earning years usually start. |
| Young Unmarried |
| Young Married |
| Married with one child |
| During graduation |
| Q9.Which one of the below-mentioned documents is not required for the KYC process? |
| PAN Card |
| Address Proof |
| Income Proof |
| Identity Proof |
| Q10.In case of a securitized asset, ____ will not be an originator to a Special Purpose Vehicle (SVP)? |
| housing finance company |
| non-banking finance company |
| commercial bank |
| RBI |