NISM Series II B – Registrar and Transfer Agents (MF) Certification Paper 12

Q1.Can an investor in a mutual fund request for a change of name under which he or she has invested?
 Yes
 No
 Sectoral Funds
 Commodity Funds

 

Q2.The formula for calculating Dividend Yield is Dividend Per Share divided by the Current market price – State True or False?
  True
  False
 trustees
 investors

 

Q3.The full form of STT is ___.
 Speculation Transaction Tax
 Securities Transaction Tax
 Debenture holders
Preference shareholders

 

Q4.NAV of Day T includes portfolio value of Day _ and unit capital of day __.
 T, T+1
 T, T-1
by the first and second holder
 by all unit holders as per the mode of holding

 

Q 5.KYC once completed, is valid across all mutual funds and all the other SEBI-registered intermediaries – State True or False?
  True
  False
 Default Risk
 Credit Risk

 

Q6.A Mutual fund can request additional information for processing change of bank details in the form of all of the following except –
 IFSC code
 AMC attestation
 for Verification
 for Certification

 

Q 7.In a mutual fund, the ____ is the person who is holding the folio.
 manager
 beneficiary
 On the Inception date
 On the collection completion date

 

Q8.Who appoints the AMC of a Mutual Fund?
 The Trustees
 The Sponsors
 Agreement
 Charter

 

Q9.Does exit load have the effect of increasing the redemption price for the investor – True or False?
  True
  False
 pay lower interest rates
 pay higher interest rates

 

Q10.Do most closed-ended funds run for a year only – State True or False?
  True
  False
 SEBI
 Finance Ministry

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