NISM Series V A Mutual Fund Distributors Paper 14
| Q1.KIM has to be updated every ___. |
| three months |
| six months |
| one year |
| five year |
| Q2.Nomination and Pledge options are not available for mutual fund investors - True or False? |
| True |
| False |
| Q3.The difference between NAV and the re-purchase price is ____. |
| Exit Load |
| Entry Load |
| Commission of the MF Agent |
| Dividend Stripping |
| Q4.Complete the sentence - Investments in Mutual Funds are subject to market risks and so ____. |
| provide protection against a significant downfall |
| provide insurance |
| does not provide any guarantee of capital protection |
| provide capital protection through diversification |
| Q5.__ is not a mutual fund distribution channel. |
| Branches of Public sector banks |
| Branches of Reserve Bank of India |
| Branches of Private sector banks |
| Branches of Foreign banks |
| Q6.Securities and Exchange Board of India (SEBI) functions do not include which of the following? |
| Regulation of Stock Exchanges |
| Enforcing compliance of its regulations |
| Making regulations for the Mutual Fund industry |
| Approving the fund managers which have been appointed by the AMC |
| Q7.The expenses on __ cannot be charged to the mutual fund scheme. |
| Custodian fees |
| Depreciation on fixed assets of the Asset Management Company |
| Trustee Fees |
| Marketing Expenses |
| Q8.____ is the process of determining the ability of an investor to bear losses from various investments. |
| Delta Hedging |
| Asset Allocation |
| Portfolio Churning |
| Risk Profiling |
| Q9.Amongst the below-given options, which one is NOT an example of the Transition Phase? |
| house to be purchased |
| trying to get a better job |
| children’s higher education |
| marriage approaching |
| Q10.Mutual funds in India are governed by SEBI (Mutual Fund) Regulations, 1996 - True or False? |
| True |
| False |