NISM Series II B - Registrar and Transfer Agents (MF) Certification Paper 15
| Q1.An investor can directly operate their account even after granting a PoA - State True or False? |
| True |
| False |
| Q2.An investor can use only the pre-printed transaction slip that accompanies the account statement for valid transactions - State True or False? |
| True |
| False |
| Q3.Bond whose interest amount fluctuates in step with the market interest rates, or some other external measure is called as a ___. |
| Convertible Debenture |
| Floating Rate bond |
| Benchmark bond |
| reset bond |
| Q4.During the “No Transactions” period, a fund allows only redemptions but no fresh purchases - State True or False? |
| True |
| False |
| Q5.First, the mutual fund has to state its ____ which shows how the money will be invested. |
| Fund vision |
| Fund mission |
| Investment objective |
| Target returns |
| Q6.If the institutional investor is allowed to invest as per its charter then no further approvals are required - State True or False? |
| True |
| False |
| Q7.If there are material changes, than the Scheme Information Document (SID) has to revised accordingly every three months to show the changes - State True or False? |
| True |
| False |
| Q8.In India, who are the beneficiaries of a mutual fund? |
| The trustees of the fund |
| The sponsors of the fund |
| The constituents who manage the fund |
| The investors of the fund |
| Q9.In SIP investments, the investors confirm a periodic investment over a __. |
| fluctuating period of time |
| the long period of time |
| a short period of time |
| chosen period of time |
| Q10.SIPs can be made along with an NFO - State True or False? |
| True |
| False |