SEBI - Investor Certification Examination
SEBI - Investor Certification Examination
Q 61. What is the maximum AMC for a BSDA if the value of debt holdings is from ₹1,00,001 to ₹2,00,000?
- ₹50
- ₹75
- ₹100
- NIL
Q 62. Who manages the investments in a mutual fund?
- Investors
- Fund Managers
- Brokers
- Banks
Q 63. What is one benefit of mutual funds that helps lower transaction costs?
- Simplicity
- Liquidity
- Diversification
- Professional management
Q 64. What is the investing strategy called that involves spreading investments across different options to reduce risk?
- Simplicity
- Diversification
- Liquidity
- Tax Benefits
Q 65. Which category of investors are mutual fund schemes designed to accommodate?
- Risk-averse investors
- Moderate investors
- Aggressive investors
- None of the above
Q 66. What is one feature of mutual funds that allows them to be easily converted into cash?
- Simplicity
- Professional management
- Liquidity
- Tax Benefits
Q 67. What minimum amount is usually required to invest in mutual funds?
- ₹100
- ₹500
- ₹1,000
- ₹10,000
Q 68. What does AMC stand for in the context of demat accounts?
- Annual Maintenance Charge
- Annual Membership Charge
- Account Maintenance Cost
- Account Membership Cost
Q 69. What kind of financial instruments do mutual funds invest in?
- Stocks
- Bonds
- Money-market instruments
- None of the above
Q 70. What regulatory body must all mutual funds be registered with in India?
- RBI
- IRDAI
- SEBI
- NSE
Q 71. Which type of mutual fund investor is willing to take higher risks for potentially higher returns?
- Risk-averse investor
- Conservative investor
- Moderate investor
- Cautious investor
Q 72. What are mutual funds broadly categorized into?
- 3 schemes
- 5 schemes
- 7 schemes
- 6 schemes
Q 73. According to SEBI guidelines, what is used to depict the level of risk involved in mutual funds?
- Color-coding
- Star rating
- Risk-o-meter
- Investment amount
Q 74. What does SIP stand for?
- Systematic Investment Plan
- Secure Investment Plan
- Savings Investment Plan
- Simple Investment Plan
Q 75. What is the minimum fixed amount that can be invested in an SIP every month?
- ₹100
- ₹200
- ₹300
- ₹500