NISM Series II B - Registrar and Transfer Agents (MF) Certification Exam -4
NISM Series II B: Registrar and Transfer Agents (MF) Certification Exam -4
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Q 1. No third-party transactions are allowed through e-wallets. State True or False.
True
False
Cannot say
None of these
Q 2. The nomination facility is not available for non-individuals such as corporate, Trust, HUF, etc. State True or False.
True
False
Cannot say
None of these
Q 3. At maturity, the non-convertible portion of a partly convertible debenture is _______.
repaid in cash
repaid in stock
renewed as a new debt
paid by allocating more units of the mutual fund
Q 4. On opting transfer of funds through _______, they get credited to the transferee account in batch processing.
NEFT
RTGS
ASIA
SI
Q 5. One can carry out purchase and sales transactions in a listed close-ended fund _________. (i) at the Stock Exchange; (ii) at the offices of investor service centers
Only (i)
Only (ii)
Both (i) & (ii)
None of these
Q 6. Overnight funds invest in overnight securities having a maturity of ________.
1 day
2 days
3 days
4 days
Q 7. Paid-up capital is always less than or equal to issued capital. State True or False.
True
False
Cannot say
None of these
Q 8. Post NFO, the unit capital of a closed-ended mutual fund does not change. State True or False.
True
False
Cannot say
None of these
Q 9. Preference shares resemble debt instruments because they offer a predetermined rate of dividend. State True or False.
True
False
Cannot say
None of these
Q 10. Redemption proceeds from mutual fund schemes are received through _________. (i) Bank transfer (ii) Cheques (iii) Cash
Only (i) & (ii)
Only (ii) & (iii)
Only (i) & (iii)
All of these
Q 11. Securities with longer maturity carry a higher interest rate risk as compared to shorter maturity securities. State True or False.
True
False
Cannot say
None of these
Q 12. Shareholders have rights, such as the right to inspect documents related to company workings. State True or False.
True
False
Cannot say
None of these
Q 13. The face value of the equity share of ABC Ltd is Rs. 10 and Mr. X holds 100 shares of it. The company declared a dividend of 25%. What amount will Mr. X receive?
Rs. 2.50
Rs 25
Rs 250
Rs 0.25
Q 14. Since there are no distributors involved in a direct plan and no commission is payable, the TER of such plans is lower compared to regular plans. State True or False.
True
False
Cannot say
None of these
Q 15. Some funds give investors the choice of withdrawing or transferring a fixed sum over a defined period. This is known as the____________
Fixed option
Flexible option
Appreciation option
Depreciation option
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