NISM Series II B - Registrar and Transfer Agents (MF) Certification Exam - 7
NISM Series II B—Registrar and Transfer Agents (MF) Certification Exam—7
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Q 1. ____________ generally carries out the mutual fund transaction for an Institutional Investor. (i) The bankers of the Institutional investor; (ii) The authorized signatories of the Institutional Investor
Only (i)
Only (ii)
Both (i) & (ii)
None of these
Q 2. ____________ is considered for determining the cut-off timings for mutual fund transactions done through recognized stock exchanges. (i) Self-declaration certificate of the investor; (ii) The Contract Note issued by the broker
Only (i)
Only (ii)
Both (i) & (ii)
None of these
Q 3. ____________ provides collection services to Mutual Funds.
Investor Service Centers
Banks
Guardians
Protectors
Q 4. ____________ provides liquidity to the investors.
Primary market
Secondary market
Placement market
None of these
Q 5. ____________, the paid-up capital of a company be less than the ISSUED CAPITAL.
In the case of Convertible debts
When the issued shares are not fully paid up
In the case of Preference Shares
None of these
Q 6. _____________ indicates how the money will be invested by a mutual fund scheme in securities.
Investment face
Investment objective
Investment design
Investment style
Q 7. _____________ refers to the dealing in securities by persons connected with a company having unpublished price-sensitive information that is not available to the public.
Price trading
Insider trading
Private trading
None of these
Q 8. ______________ means stopping the flow of the physical checks issued by a drawer to the drawee branch.
Cheque conversion
Cheque truncation
Cheque collection
None of these
Q 9. ______________ refers to repurchase of shares by the company from its existing shareholders.
Bonus issue
Buyback of shares
Dividend
None of these
Q 10. _______________ are maintained by the custodian bank to settle securities transactions.
Collection Accounts
Investment Accounts
Redemption Accounts
Expenses Accounts
Q 11. ________________ is the inception date of the fund.
The date of purchase
The date of allotment
The date of closure
None of these
Q 12. ________________ is the process of transferring mutual fund units in case of the demise of the unit holder.
Transposition
Transmission
Nomination
Identification
Q 13. A closed-end fund has ________ at the end of which all units are redeemed.
indefinite term
Fixed Term
unlimited term
9 year term
Q 14. A company declares a dividend of 50 percent on its shares, which have a face value of Rs. 5. The market price of the share is Rs. 70. In this case, the dividend amount is __________ per share.
Rs. 2.00
Rs. 2.50
Rs. 2.80
Rs. 3.00
Q 15. A gilt fund has _________ risk.
Evasion
Interest
Debit