NISM Mutual Fund Exam Paper 4

Q (15): 

An investor will get maximum exposure to gold be investing

  Gold ETF

  Gold Fund

  Gold Sector Fund

  Gold futures

Q (16): 

Any change in the scheme needs to be

  mentioned in an addendum

  advertised in a national english newspaper

  mentioned in the website of the mutual fund

  All of the above

Q (17): 

Are Mutual Fund agents/distributors in India required to pass any examination to qualify to sell Mutual Fund Units

  Yes, a test conducted by AMFI

  Yes, a test conducted by SEBI

  No

  a Post Graduate university course

Q (18): 

As per SEBI guidelines, the distributor need not disclose the commission to the investor

  (A) True

  (B) False

Q (19): 

Benchmark for MIP

  CRISIL CompBEX - Composite Bond Index

  CRISIL MIPEX

  CRISIL STBEX - Short-Term Bond Index

  CRISIL Debt Hybrid Index

Q (20): 

Clearing the certifying examination and getting SEBI's permission are mandatory before a person/ institution can start selling mutual funds.

  (A) True

  (B) False