Que. 1 : Q1) If ____________ of the Investors by value of their investment in the AIF pass or resolution at a meeting of unit holders that the AIF be wound up.

   1.  a) 55%

   2.  b) 65%

   3.  c) 75%

   4.  d) 85%

Que. 2 : Q2) As per Regulation 13, Provision on investment management, for application received, with local cheques payable at par at the place where the premium is received, after cut-off time(3.00 pm) on a business day, what will be the applicable NAV?

   1.  a) The opening NAV of same day

   2.  b) The closing NAV of same day

   3.  c) The opening NAV of next day

   4.  d) The closing NAV of next day

Que. 3 : Q3) ______________ are to be prepared in the forms and manners as prescribed in the IRDA Regulations?

   1.  a) Customer details

   2.  b) Appointment of Agents

   3.  c) Financial statements

   4.  d) All of the above

Que. 4 : Q4) Which decision is very critical one as it requires consideration of lot many factors such as sources of funds, terms and conditions of repayment, cost of capital and control?

   1.  a) Allocation of fund

   2.  b) Cross border capital

   3.  c) Procurement of funds

   4.  d) None of these

Que. 5 : Q5) What act as Special Purpose Vehicle (SPV) for mobilization of savings and investments and formation of capital for organisations?

   1.  a) Mutual funds

   2.  b) Financial statement

   3.  c) Debt market

   4.  d) Insurance