NISM Series II B - Registrar and Transfer Agents (MF) Certification Paper 05
|Q1.Inflow and outflow resulting from transactions is reported to the ___
|Q2.Investments made from NRO accounts ___.
|Are from funds earned abroad
|Cannot be repatriated freely on redemption
|Can be repatriated freely
|Are dollar accounts
|Q3.Investments made from NRO accounts can be repatriated freely - State True or False?
|Q4.IRDA regulates the activities of the insurance industry only - State True or False?
|Q5.KYC norms have to be fulfilled before opening __.
|All of the above
|Q6.Liquid funds generally invest in debt securities that have a maturity of one year or more - State True or False?
|Q7.Mr. A has invested Rs 10000 in a mutual fund scheme and received 1000 units. He now wants to redeem 30% of the units. Can he do it?
|Q8.Mr. Suresh is an existing investor in a mutual fund scheme. He makes new purchases but does not quote his folio number. What happens in this case?
|The application of Mr. Suresh will be rejected
|The mutual fund will search for his folio number and add the units accordingly
|A new folio will be created
|Mr. Suresh will be asked to furnish more information
|Q9.Mutual funds have to obtain SEBI approval __.
|after they set up their business.
|during their setting up of business.
|before they set up their business.
|Q10.Mutual funds may be structured either as a company or as a ____.
|Association of persons
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