nism-nism-rta-mf-4

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Q 1. No third-party transactions are allowed through e-wallets. State True or False.

True

False

Cannot say

None of these
 
Q 2. A nomination facility is not available for non-individuals such as corporate, Trust, HUF, etc. State True or False.

True

False

Cannot say

None of these
 
Q 3. On maturity, the non-convertible portion of a partly convertible debenture is _______.

refunded in cash

refunded in stock

renewed as a new debenture

refund by allocating more units for mutual funds
 
Q 4. On opting transfer of funds through _______, they get credited to the transferee account in batch processing.

NEFT

RTGS

ASIA

SI
 
Q 5. One can carry out purchase and sales transactions in a listed close-ended fund _________. (i) at the Stock Exchange (ii) at the offices of investor service centers

Only (i)

Only (ii)

Both (i) & (ii)

None of these
 
Q 6. Overnight funds invest in overnight securities having a maturity of ________.

1 day

2 days

3 days

4 days
 
Q 7. Paid-up capital is always less than or equal to issued capital. State True or False.

True

False

Cannot say

None of these
 
Q 8. Post NFO, the unit capital of a closed-ended mutual fund does not change. State True or False.

True

False

Cannot say

None of these
 
Q 9. Preference shares resemble debt instruments because they offer a pre-determined rate of dividend. State True or False.

True

False

Cannot say

None of these
 
Q 10. Redemption proceeds from mutual fund schemes are received through _________. (i) Bank transfers (ii) Cheques (iii) Cash

Only (i) & (ii)

Only (ii) & (iii)

Only (i) & (iii)

All of these
 
Q 11. Securities with longer maturity carry a higher interest rate risk as compared to shorter maturity securities. State True or False.

True

False

Cannot say

None of these
 
Q 12. Shareholders have the rights such as the right to inspect documents related to company workings. State True or False.

True

False

Cannot say

None of these
 
Q 13. The face value of the equity share of ABC Ltd is Rs. 10 and Mr. X holds 100 shares of it. The company declared a dividend of 25%. What amount will Mr. X receive?

Rs. 2.50 

Rs 25 

Rs 250 

Rs 0.25 

 
Q 14. Since there are no distributors involved in a direct plan and no commission is payable, the TER of such plans is lower compared to regular plans. State True or False.

True

False

Cannot say

None of these
 
Q 15. Some funds give investors the choice of withdrawing or transferring a fixed sum over a defined period. This is known as the____________

Fixed option

Flexible option

Appreciation option

Depreciation option

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