NISM Series V A Mutual Fund Distributors Paper 03
| Q1.Who issues the 'Certificate of Deposit'? |
| Government |
| Multinationals |
| Banks |
| Mutual Funds |
| Q 2.Which one is the Self Regulatory Organisation (SRO) for the mutual fund industry? |
| SEBI |
| Sponsors |
| Trustees |
| None of the above |
| Q3.Which of these investors is allowed to do a nomination? |
| Only SIP investors |
| Only Equity Mutual Fund investors |
| Only Institutional Investors |
| Only Individual Investors |
| Q4.The expenses of ____ cannot be charged to a mutual fund scheme. |
| custodian fees |
| software development |
| registrar services for transfer of units sold |
| GST - Goods and Service tax |
| Q5.In what form do mutual fund distributors earn revenue? |
| Investment advisory fee from mutual funds |
| The commission received from the Association of Mutual Funds in India |
| Fees collected from the investors |
| Commission from mutual funds for the distribution of the schemes |
| Q6.At what price can investors buy or sell units of an open-ended fund after the New Fund Offer? |
| The NAV of the mutual fund units |
| The New Fund Offer (NFO) price |
| The face value |
| The monthly average price |
| Q 7.Banks and NBFC's can lend money against __ of mutual fund units. |
| Nomination |
| Redemption |
| Pledge |
| All of the above |
| Q 8. Which type of transactions are allowed on a stock exchange platform for mutual fund trading? A - Redemptions B - Fresh subscription C - Additional purchases |
| Only B |
| A, B, and C |
| A and B |
| B and C |
| Q9.A company wishes to invest in a specific scheme of a Mutual Fund. Which document authorizes it to do so? |
| The Memorandum of Association |
| The Articles of Association |
| Shareholders resolution |
| Specific Board resolution |
| Q 10. Which of the below is /are FUNDAMENTAL ATTRIBUTES of a scheme? |
| The type of scheme |
| Investment objective(s) of the scheme |
| Terms of the issue |
| All of the above |