NISM INVESTMENT ADVISER LEVEL 2 - 8
NISM INVESTMENT ADVISER LEVEL 2
Mock Test with Answer key - Click Here >>
Q 1. In the National Pension System -NPS, the investor is alloted a _________.
Special NPS number
MANN
PRAN
PENSION Number
Q 2. Insurable interest is not of any importance in LIFE insurance contracts - State True or False ?
True
False
Q 3. ____________ offers benefit under Sec 80 C of the Income Tax Act and also has scope of good appreciation.
Bank Deposits in Nationalised Banks
Public Provident Fund
Equity Linked Saving Schemes
Kisan Vikas Patra
Q 4. The relationship between the yield of a bond and its price is ________.
always positively related
always inversely related
positively related in a rising interest rate scenerio
positively related in a falling interest rate scenerio
Q 5. The National Securities Clearing Corporation Ltd (NSCCL) is a counter party to both sides of a Collateralised borrowing and lending obligations (CBLO) transaction - True or False ?
True
False
Q 6. A bull run in the equity markets starts off with large cap stocks and then moves on to _________.
Banking Stocks
Low beta stocks
Mid cap and small cap stocks
Software stocks
Q 7. With respect to investments, what does 'Do not put all your eggs in one basket' refer to ?
Systematic Investment Plans (SIPs)
Equity Mutual Funds
Asset Allocation
Risk Profiling
Q 8. 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 ?
12%
5%
2.41%
1.67%
Q 9. Category _____ Alternative Investment Fund may use leverage for trading as per the SEBI (Alternate Investment Funds) Regulations, 2012.
I
II
III
IV
Q 10. ________ is considered as a form of mortgage.
Personal Loan
Housing Loan
Loan given by Banks
Loan which are taken by companies
Q 11. Which of these is TRUE ?
informing about family's medical history is a breach of good faith
after receiving the insurance policy, the insured need not disclose the facts he had concealed
insurable interest is of no significance in life insurance contracts but has a lot of importance in Non life insurance
Any information which can influence the insurer risk perception of the insured is important
Q 12. Making a good portfolio leads to diversification benefits in the form of enhanced risk-adjusted return. Which of these is an investor NOT able to do with a diversified portfolio?
Earn a higher level of return at the same level of risk
Reduce the level of risk, at the same level of return
Increase the level of return and level of risk
Earn a higher return at a lower level of risk
Q 13. Health insurance and motor insurance are examples of _______.
Income replacement need
Income protection need
Asset protection needs
None of the above
Q 14. Which of these is/are not considered as Alternative Investment Fund from the SEBI Alternative Investment Funds(AIF) Regulations, 2012?
ESOP Trusts
Employee welfare trusts or Gratuity trusts
Family trusts
All of the above
Q 15. The FACT SHEETS of a Mutual Fund are published on a ________ basis.
weekly
monthly
quarterly
half yearly