NISM INVESTMENT ADVISER LEVEL 2 - 10
NISM INVESTMENT ADVISER LEVEL 2
Mock Test with Answer key - Click Here >>
Q 1. Bond Price and YTM are
inversely related to each other
absolutely the same
directly proportional to each other
not related to each other
Q 2. Current cost is translated into a cost in future using which of the following formulae?
P X (1 + i)n
P ÷ (1 + i)n
P X (1 - i)n
P ÷ (1 - i)n
Q 3. Government Securities Market is regulated by
RBI
SEBI
IIBF
IRDA
Q 4. In a ______approach of Fundamental Analysis, the company-specific factors are considered first and then the industry and economy factors are considered.
Bottom up
Top down
Q 5. In the Indian currency future markets, which amongst the following is the correct contract size ?
1000 units of a foreign currency except JPY which is 10000
1000 units of a foreign currency except JPY which is 100000
10000 units of a foreign currency except JPY which is 100000
10000 units of a foreign currency except JPY which is 1000
Q 6. It would be safer to invest in __________debt funds if it is expected that interest rates in the market would go up
Long term debt funds
Short term debt funds
Medium Term Debt Funds
Q 7. Model Portfolio means________
A portfolio which is capable of generating highest returns
A portfolio suitable for all Investors
A single portfolio for all investors of an age group
A portfolio which is customised for each investor and which is most appropriate for different investment objectives, return expectations, risk appetite levels and liquidity needs
Q 8. Mr. Anil, age 40 years, is a daily wage earner (taxi driver) and his wife is a home maker. He has one daughter of age 12 years. He is unsure which insurance to buy and finally buys a life insurance cover for his wife based on the suggestion of a frie
Yes, he has taken the right decision by buying insurance in his wife's name
No, he should have bought a ULIP in his name
No, he should have bought a term plan in his name
No, he should have bought a money back plan in his name
Q 9. Mr. Sudhir is of age 47 and has a good income. He is the sole earning member of the family. He has been saving regularly. He plans to send his son for higher education in six months time for which he has already saved. Which investments are most sui
Primarily liquid assets
Primarily growth assets
Primarily growth with some income-oriented assets
Combination of liquid and income-oriented assets
Q 10. Of the various factors affecting risk appetite of an individual, which of the below mentioned factors does NOT have a negative relationship with risk appetite ?
Age of the individual
Number of dependents
Life Expectancy
Both Life Expectancy and Age
Q 11. Star Mutual Fund has two popular schemes - Scheme A and Scheme B. The NAV of Scheme A went from Rs 20 to Rs 21 during a particular period. In the same period NAV of Scheme B moved from Rs 30 to Rs 31. The Standard Deviation for Scheme A is 1.2% and f
0.01
0.0123
0.0167
0.0233
Q 12. The face value of a company's share is Rs 5 and the current market price is Rs 60. The EPS is Rs 12. The company declares a dividend of 20%. What is the dividend yield ?
0.12
0.05
0.0241
0.0167
Q 13. The Pension Account of National Pension System (NPS) is known as____
Tier I
Tier II
Tier III
Asset Class E
Q 14. What does an investor have the right to do when she buys a call option?
The right to buy a share at a price to be determined at a given date
The right to buy a share at a predetermined price at a given date
The right to sell a share at a predetermined price by a given date
The right to sell a share at a price to be determined at a given date
Q 15. Which amongst the following would you suggest to an investor who is looking for capital appreciation ?
PPF
Equity Mutual Funds
Kisan Vikas Patra
Treasury Bills