NISM INVESTMENT ADVISER LEVEL 2 - 6
NISM INVESTMENT ADVISER LEVEL 2,NISM-Series-X-B
Mock Test with Answer key - Click Here >>
Q 1. The Mutual Fund Fact Sheets show each of the following except -
Sector Profile of the securities invested in.
The maturity date of the instruments invested in
The Style Box
The Rating profile of the instruments invested in
Q 2. Market price orders have a greater chance of getting executed than limit price orders. State whether True or False?
True
False
Q 3. __________ policy allows the insured to have a say in the way his portfolio will be maintained ?
Unit linked policy
Endowment Policy
Term Policy
Whole Life Policy
Q 4. Which of these can be registered as 'Insurance Intermediaries' ?
Insurance consultants
Insurance surveyors
Loss assessors
All of the above
Q 5. The most suitable investment avenue for retail investors to benefit from price changes in the debt market is _____ .
Savings Account
Debt mutual fund schemes
Recurring Deposit
Public Provident Fund (PPF)
Q 6. A state of inaction is caused by which of the following bias or biases ?
Only Recency bias
Only Herd Mentality bias
Only Loss Aversion bias
Both Loss Aversion and Choice Paralysis biases
Q 7. ____________ can deal with multiple insurance companies.
Corporate insurance agent
Insurance broker
Insurance agent
Bank assurance channel
Q 8. Schemes of different Mutual Funds give different returns and this can be mainly due to _____.
The Investment Strategy and Portfolio composition of the scheme
The brokerage charged by different brokers thro' whom the MF trade
SEBI charges applied on various stock exchanges
The cost of administration in the Mutual Fund
Q 9. Amongst the following two options, what is true when a Non Resident Indian (NRI) becomes a Resident Indian ?
He can transfer Foreign Currency Non-Repatriable (FCNR) account balance to Resident Foreign Currency (RFC) account, which cannot receive any new foreign currency.
He can transfer Foreign Currency Non-Repatriable (FCNR) account balance to Resident Foreign Currency (RFC) account and can continue to receive foreign currency from investments abroad
Q 10. A high turnover (volume) in a stock indicates __________.
Lower volatility
Higher Price
Higher Liquidity
Higher Returns
Q 11. Which of the following depends on the market?
Strategic asset allocation
Tactical asset allocation
Investor risk profile
None of the above
Q 12. SEBI (Alternate Investment Funds) Regulations, 2012 classifies 'Venture capital funds, SME Funds and Social venture funds' as _________ .
Category I Alternative Investment Fund
Category II Alternative Investment Fund
Category III Alternative Investment Fund
None of the above
Q 13. SEBI (Alternate Investment Funds) Regulations, 2012 classifies a fund which employs 'diverse or complex trading strategies' as _______ .
Category I Alternative Investment Fund
Category II Alternative Investment Fund
Category III Alternative Investment Fund
None of the above
Q 14. _________ form a major portion of investments in a Retirement Plan.
Super annuation
Gratuity
Provident Fund
All of the above
Q 15. When a folio is held jointly, the PAN and KYC process has to be complied with by _______.
Only the first holder
Any one of the joint holders
The joint holders depending upon mode of operation
All the joint holders