nism-nism-rta-mf-2
nism-nism-rta-mf-2
Explore Additional Mock Tests Here
Q 1. A Power of Attorney holder can also make nominations on behalf of the investor. State True or False.
True
False
Cannot say
None of these
Q 2. A preference shareholder is a _____________ of the company.
Shareholder
creditor
Both (a) & (b)
None of these
Q 3. The preferential issue dilutes the proportionate rights of existing shareholders. State True or False.
True
False
Cannot say
None of these
Q 4. A redeeming scheme in a switch is called ___________.
Source scheme
Target scheme
Final scheme
Initial scheme
Q 5. A sponsor cannot be a custodian of the same fund. State True or False.
True
False
Cannot say
None of these
Q 6. A switch between a dividend and a growth option, even if done within the same scheme, is deemed as a __________.
Financial transaction
Commodity transaction
Non-financial transaction
None of these
Q 7. All AMCs are members of the _____________.
AMFI
Trustees
Sponsors
SEBI
Q 8. All mutual fund constituents, such as custodians, R&T agents, bankers, and brokers, get their remuneration in the form of _______.
fees
profit margin
Commission
none of these
Q 9. AMCs generally send a copy of the __________ to the Investor Service Centers for the information of investors.
Addendum
Circular
Letter
Notice
Q 10. As per SEBI regulations, a document evidencing the purchase and its corresponding payment instrument should have the same time stamp serial number. State True or False.
True
False
Cannot say
None of the above
Q 11. Calculate the NAV per unit if the net assets of the funds are Rs 550 crore and the number of units outstanding is 11 crore.
Rs. 50
Rs. 539
Rs. 11
Rs. 550
Q 12. Cheques have to be drawn on the name of the __________ when investing in a mutual fund. (i) mutual fund scheme (ii) collecting bank
Only (i)
Only (ii)
Both (i) & (ii)
None of these
Q 13. Choose the correct option.
The portion of authorized capital that has been issued to investors is called Issued capital.
The portion of authorized capital that has been issued to investors is called Allowed capital
The portion of authorized capital that has been issued to investors is called the Promoter's capital.
The portion of authorized capital that has been issued to investors is called Paid-up capital.
Q 14. Choose the correct statement.
The payment of interest and repayment of principal, in the case of a Foreign Currency Convertible Bond (FCCB), is in foreign currency.
The payment of interest and repayment of principal, in the case of a Foreign Currency Convertible Bond (FCCB), is only in Australian currency.
The payment of interest and repayment of principal, in the case of a Foreign Currency Convertible Bond (FCCB), is only in Indian currency.
The payment of interest and repayment of principal, in the case of a Foreign Currency Convertible Bond (FCCB), is only in European currency.
Q 15. Choose the correct statement. (i) All the constituents of a mutual fund like the Custodian, R&T Agent, Distributors, etc. must be registered with SEBI. (ii) All the constituents of a mutual fund like the Custodian, R&T Agent, Distributors, etc.
Only (i)
Only (ii)
Both (i) & (ii)
None of these