NISM INVESTMENT ADVISER LEVEL 2 - 1
NISM INVESTMENT ADVISER LEVEL 2
Mock Test with Answer key - Click Here >>
Q 1. ________ is an example of Corporate Debt security. (i) Private placements (ii) Preference Shares
Only (i)
Only (ii)
Both (i) & (ii)
Neither (i) nor (ii)
Q 2. _________ contributes to the capital of the AMC.
The sponsor
The guardian
Manager
Custodian
Q 3. _________ holders are creditors of the company. (i) debenture holders (ii) preference holder
Only (i)
Only (ii)
Both (i) & (ii)
None of these
Q 4. _________ is defined as ?the natural person or persons who ultimately own, control or influence a client and/or persons on whose behalf a transaction is being conducted, and includes a person who exercises ultimate effective control over a legal pers
Beneficial Owners
Broker
Agent
Manager
Q 5. __________ will be applicable for liquid funds if clear funds are available and the funds can be deployed the same day.
NAV of day T-1
NAV of day T+3
NAV of day T-3
NAV of day T+2
Q 6. ___________ has the responsibility of tagging the transactions to T-30 or B-30 locations.
R&T Agent
Depositor
AMFI
IRDAI
Q 7. ___________ is a fund created by the Ministry of Corporate Affairs for promoting investors? awareness and protecting their interests. (i) The Investor Education and Protection Fund (IEPF) (ii) The Depositor Teaching and Protection Fund (DTPF)
Only (i)
Only (ii)
Both (i) & (ii)
Neither (i) nor (ii)
Q 8. ___________ is not announced when a debenture is issued. (i) The trading price of the debenture in the secondary market (ii) The date on which the debenture will be redeemed
Only (i)
Only (ii)
Both (i) & (ii)
None of these
Q 9. ___________ is predefined in a mutual fund scheme.
Investment Objective
Investment Dividend
Investment NAV
Investment AUM
Q 10. ___________ provides the collection services to mutual funds.
Banks
Trustee
Guardians
Executors
Q 11. ___________ sends the Statement of Account to the investors on behalf of the mutual funds. (i) The R&T Agents (ii) The AMC
Only (i)
Only (ii)
Both (i) & (ii)
None of these
Q 12. ____________ are maintained to receive investments into schemes from investors.
Collection Accounts
Investment Accounts
Redemption Accounts
Expenses Accounts
Q 13. Megasoft Ltd. is a company incorporated in India. Its normal tax liability for the current financial year is Rs 5,00,000 and tax liability under Minimum Alternate Tax (MAT) is Rs 7,00,000. Calculate the amount o
The Current year tax is Rs 7,00,000 and MAT credit is Rs 2,00,000
The Current year tax is Rs 5,00,000 and MAT credit is NIL
The Current year tax is Rs 7,00,000 and MAT credit is NIL
The Current year tax is Rs 5,00,000 and MAT credit is Rs 2,00,000
Q 14. ____________ is the assurance that the information is reliable and accurate.
Integrity
Availability
Confidentiality
Resilience
Q 15. An executor is a person appointed by the ______________.nbsp;
Court of law
Administrator
Testator of the will
None of the above