NISM Series V A Mutual Fund Distributors Paper 11
| Q 1.Stock selection is important in bottom-up approach - True or False? |
| True |
| False |
| Q2.How many (maximum) bank accounts can a resident individual investor register with a mutual fund folio? |
| True |
| 2 |
| 3 |
| 5 |
| Q3.BSE’s platform for Mutual Fund trading is known as BSE Solar Mutual Funds Platform - True or False? |
| True |
| False |
| Q4.Which investor need not provide a PAN card at the time of making a mutual fund investment? |
| An investor who is investing up to Rs. 50,000 in a mutual fund scheme (excluding SIPs) per year per mutual fund |
| An investor who is investing up to Rs. 50,000 in a mutual fund scheme (including SIPs) per year per mutual fund |
| An investor who is investing up to Rs. 1,00,000 in a mutual fund scheme (excluding SIPs) per year per mutual fund |
| An investor who is investing up to Rs. 1,00,000 in a mutual fund scheme (including SIPs) per year per mutual fund |
| Q 5.If an investor wants to get updated monthly performance and portfolio data on mutual funds, which of the following documents should he read? |
| Scheme Information Document (SID) |
| Fund Fact Sheet |
| Key Information Memorandum (KIM) |
| Statement of Additional Information (SAI) |
| Q 6. Identify the duty of a SPONSOR of a mutual fund - |
| Guards the interest of the mutual fund unitholders |
| Contributes to the capital of the Asset Management Company |
| Looks after the day to day administration of the mutual fund |
| Regularly report to SEBI on the working of the fund |
| Q7.Amongst the following options, which of the following is TRUE? |
| STT is paid on the purchase of the units of Equity Mutual Funds through a stock exchange |
| STT is paid on the purchase of the units of Equity Mutual Funds from the fund house |
| STT is paid on repurchase/redemption of the units of Equity Mutual Funds |
| STT is paid on the purchase of the units of Debt Mutual Funds |
| Q 8. As per SEBI rules, the NAV has to be published ____, in at least __ daily newspapers having circulation all over India. |
| daily, 4 |
| weekly, 2 |
| daily, 2 |
| weekly, 4 |
| Q9.Day-to-day management of the Mutual Fund schemes is handled by the Trustees - True or False? |
| False |
| True |
| Q10.In mutual funds, the assets are held by ___. |
| Fund Manager of that scheme |
| Registrar and Transfer Agents |
| Custodian |
| Trustees |