NISM Series II B - Registrar and Transfer Agents (MF) Certification Exam -11
NISM Series II B: Registrar and Transfer Agents (MF) Certification Exam -11
Q 1. In case of systematic transactions, mutual funds dispatch the SOAs to the unit holders once ________.
every month
every quarter
every half year
every year
Q 2. In direct plans, investments are routed through a distributor.
True
False
Cannot say
None of these
Q 3. In general, the returns from Equity shares are _________.
known in advance
not known in advance
fixed at the time of the IPO
between 12% to 15% p.a.
Q 4. In mutual fund investment, the nomination can be made in favor of a maximum of _______ nominees.
two
three
four
five
Q 5. In mutual funds, investors cannot choose their investments to suit their needs and preferences. State True or False.
True
False
Cannot say
None of these
Q 6. In open-ended funds, fresh units can be purchased and allotted units can be redeemed at prices linked to ____________.
the element price on an ongoing basis
the NAV on an ongoing basis
the face value on an ongoing basis
None of these
Q 7. In regular plans, mutual funds provide the option to invest in the schemes without the involvement of any distributor. State True or False.
True
False
Cannot say
None of these
Q 8. In the Application Form, _________ address is required to be filled in and the statement of account is sent to that address only. (i) only the third holder; (ii) only the first holder
Only (i)
Only (ii)
Both (i) & (ii)
None of these
Q 9. Inflation-indexed bonds are a category of fixed-rate bonds where the benchmark is the inflation rate. State True or False.
True
False
Cannot say
None of these
Q 10. Information about the mutual fund scheme is provided in the _____.
Statement of Additional Information
Scheme Information Document
Statement of Profit & Information
Statement of Loss Information
Q 11. Institutional investors authorize ___________ to make investment decisions on their behalf.
Trade Banker
Specific individuals
Board of Directors
None of these
Q 12. Intermediaries are required to redress investor grievances within ________ from receipt of such complaint and to maintain records of the same.
30 days
45 days
60 days
90 days
Q 13. Investors in convertible debentures usually accept lower coupon rates due to ___________.
possibility of higher credit rating
possibility of capital appreciation on conversion
possibility of higher coupon rate in the future
low default risk
Q 14. Investors who are willing to take higher risks for a higher level of return tend to choose_____.
Debt products
Equity products
Liquid funds
None of these
Q 15. KRAs should not share information with other market regulators. State True or False.
True
False
Cannot say
None of these