NISM Mutual Fund Exam Paper 4

 74

Q (1): 

The function of distributor and RTA is

  Updated NAV

  Maintain the records of the investor

  Issuing and re-purchasing transaction of units

  Sending the Annual account statement of Mutual Fund

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Q (2): 

The highest rating given by CRISIL is

  AAA

  ABB

  AAA*

  A++

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Q (3): 

The legal responsibility for the accuracy of the statements made in the offer document lies with

  SEBI

  the AMC

  AMFI

  the Company Law Board

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Q (4): 

The most appropriate measure of returns for a scheme in existence for several years is:

  Simple Return

  Dividend Return

  (C) Annualized Return

  CAGR

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Q (5): 

The networth of an asset management company should be greater than

  Rs.100 Crores

  can be decided by the Sponsor

  should be atleast Rs. 10 Crores at all times

  should be greater than Rs.10 Crores

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Q (6): 

The offer document for a scheme should describe how the NAV of the scheme is to be computed

  (A) True

  (B) False

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Q (7): 

The performance of a fund is largely measured by the success of

  the marketing function

  the operations function

  the portfolio market function

  none of the above

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Q (8): 

The role of an AMC is to act as

  promoters

  investment managers

  distribution agents

  regulators

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Q (9): 

The tenure of an Indira Vikas Patra is

  7 years

  6 years

  5 years

  3 years

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Q (10): 

Tier I pension account is withdrawal

  (A) True

  (B) False

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Q (11): 

Trail commission is calculated on the net assets attributable to the units sold by the distributor

  (A) True

  (B) False

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Q (12): 

Under the provision of SARFAESI Act 2002, where a transaction of securitization is registered?

  Registrar of Companies

  Registrar of Assurances

  Registrar of Firms

  Registrar of Central Registry

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