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

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