nism-nism-rta-mf-6
nism-nism-rta-mf-6
Q 1. Unit capital of a close-ended mutual funds scheme is _____________.
Fixed
Flexible
Either (a) or (b)
None of these
Q 2. Upfronting of the trial commission is allowed only in case of inflows through SIPs. State True or False.
True
False
Cannot say
None of these
Q 3. What is ? Credit Event? in the Context of Segregated Portfolios?
A downgrade of a debt instrument below investment grade by SEBI-registered Credit Rating Agency
Upgrade of a debt instrument below investment grade by SEBI-registered Credit Rating Agency
A generous loan is taken by the company
Date of payment of principal amount and the interest for a debt instrument held in a segregated portfolio
Q 4. What is the current rate of STT on the sale of units of an equity-oriented mutual fund to a mutual fund?
0.00%
0.00%
0.03%
0.05%
Q 5. What is the current rate of STT on the sale of units of equity-oriented mutual funds (delivery-based)?
0.00%
0.00%
0.03%
0.05%
Q 6. What is the difference between Preference Share and Debenture?
A preference share is a share
Preferred share pays cash
Preference sharing does not have a fixed maturity
None of these
Q 7. When SDRs are issued in India and listed on stock exchanges in India with foreign stocks as underlying shares, these are called __________________
Indian Depository Receipts (IDRs)
American Depository Receipts (ADRs)
Global Depository Receipts (GDRs)
New York Depository Receipts (NDRs)
Q 8. Which bonds provide the investor with the right to seek redemption from the issuer before the maturity date? (i) Puttable Bond (ii) Flexi Bond
Only (i)
Only (ii)
Both (i) & (ii)
None of these
Q 9. Which of the following is true regarding the Current Yield of a bond?
Current yield simply compares the coupon of a bond with its market price.
The coupon of the bond is divided by its face value.
the coupon of the bond multiplied by its face value.
None of these
Q 10. Which of the following equity funds is the least risky fund?
Large-cap fund
Mid Cap Fund
Small Cap Fund
Sector fund
Q 11. Which of the following is the correct statement?
In case there is a change in the authorized signatories of an institutional investor, then this change should be communicated to the RTA along with the copy letter from the Managing Director.
In case there is a change in the authorized signatories of an institutional investor, then this change should be communicated to the RTA along with the bank manager's attestation.
In case there is a change in the authorized signatories of an institutional investor, then this change should be communicated to the RTA along with a notarized copy of the change.
All of the above
Q 12. Which of the following is not included in the net asset of a mutual fund? (i) Unit capital (ii) Cash in hand
Only (i)
Only (ii)
Both (i) & (ii)
None of these
Q 13. Which of the following is the new name for the Dividend Payout option?
Payout income distribution cum capital withdrawal option
Re-investment of income distribution cum capital withdrawal option
Transfer of Income distribution cum capital withdrawal plan
None of these
Q 14. Which of the following is true regarding the Bonus issue?
A company may issue additional shares to existing shareholders without any capital contribution from the shareholders based on the number of shares an investor holds.
A company cannot issue additional shares to existing shareholders without any capital contribution from the shareholders based on the number of shares an investor holds.
A company will never issue additional shares to existing shareholders without any capital contribution from the shareholders based on the number of shares an investor holds.
None of these
Q 15. Which of the following is true regarding mutual funds?
Mutual funds may be structured either as a company or as a trust.
Mutual funds may be structured either as a company or as a partnership firm.
Mutual funds may be structured either as a company or as an association of persons.
Mutual funds may be structured either as a company or as a proprietorship firm.
Discover More Mock Tests Here