NISM Series II B - Registrar and Transfer Agents (MF) Certification - 13
NISM Series II B—Registrar and Transfer Agents (MF) Certification—13
Q 1. The Investor Education and Protection Fund is a fund created by the _____.
AMC's
Ministry of Corporate Affairs
Ministry of External Affairs
Ministry of Internal Affairs
Q 2. the life of a Mutual Fund begins on the ________. (i) the allotment date; (ii) the NFO start date
Only (i)
Only (ii)
Both (i) & (ii)
None of these
Q 3. The market value of the fund's portfolio is Rs. 500 crore. If the current liabilities are Rs. 5 crore, what are the net assets?
395 crore
495 crore
595 crore
695 crore
Q 4. The market value of the fund portfolio is Rs. 600 crores. If the current liabilities are Rs. 10 crore, what are the net assets?
580 crore
590 crore
600 crore
610 crore
Q 5. The market value of the securities of a mutual fund scheme is Rs. 400 lakh. The scheme expenses are Rs. 100 lakh. The mutual fund issues 10 lakh units of Rs. 10 each to its investors. Calculate the NAV per unit of the fund ________
Rs. 20
Rs. 30
Rs. 40
Rs. 50
Q 6. The maximum amount of equity capital that a company will have is called its ________.
Issued capital
Authorized capital
Paid-up capital
Share premium
Q 7. Mutual fund units are offered to the public for the first time through NFO. During the NFO period, the units are purchased at _______.
CFO Price
NFO Price
NAV
Credit score multiple
Q 8. The NFO for mutual funds (except ELSS) is open for a period not more than _____.
7 days
15 days
21 days
30 days
Q 9. Private and Public Companies are set up under ____________.
SEBI Act
Indian Companies Act
RBI Act
IRDAI Act
Q 10. The purchasing scheme in a switch is called _____________.
Source scheme
Target scheme
Final scheme
Initial scheme
Q 11. The purpose of issuing warrants is _________. (i) To improve the image of the company; (ii) To raise capital
Only (i)
Only (ii)
Both (i) & (ii)
Neither (i) nor (ii)
Q 12. The rate which equates the discounted value of the cash flows with the price of the bond is the current yield of the bond. State True or False.
True
False
Cannot say
None of these
Q 13. The Registrar & Transfer Agents act as ____________.
a clearing corporation
a custodian
an investor
None of these
Q 14. The registration granted to intermediaries shall be valid for three years. State True or False.
True
False
Cannot say
None of these
Q 15. The risk of the possibility of a default on obligations by the borrower is called the _____ of the borrower.
Liquidity risk
Credit risk
Inflation risk
None of the above
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