NISM Series V A Mutual Fund Distributors Paper 23
| Q1.The risk mitigation strategies adopted by the fund management to control and manage the risks associated with investing in specific types of securities are described in the ____. |
| Scheme Information Document (SID) |
| Statement of Additional Information (SAI) |
| Fund Factsheet |
| KYC form |
| Q2.Which of these statement(s) is/are TRUE? A) If the mutual fund units are held in Demat form, they cannot be converted into physical form B) When a mutual fund is redeemed or when there is a dividend payout, the amount will be credited to the bank account linked to the Demat account for those mutual fund investors who opt for Demat units |
| Only A is correct |
| Only B is correct |
| Both A and B are correct |
| Q3.Which of the following is a measure of market risk? |
| Beta Coefficient |
| Sharpe Ratio |
| Treynor Ratio |
| None of the above |
| Q4.Which of the following options form the basis of the appointment of a Mutual Fund distributor? |
| An agreement between the AMC and the Distributor |
| Approval from SEBI |
| Power of Attorney from the AMC |
| An agreement with AMFI |
| Q5.An investor gives a cheque of Rs 2 lacs for investing in an ELSS scheme at 2.30 pm at a Mutual Fund office. The NAV of which day will be applicable to him? |
| NAV of the same day |
| NAV of the next business day |
| NAV of the day on which funds will be available |
| None of the above |
| Q 6. A trader believes that he can always outperform the market. This is an example of _ bias. |
| Recency |
| Overconfidence / Optimism |
| Herd Mentality |
| Anchoring |
| Q7.You are expecting interest rates (yields) to rise in the markets. Where would you invest your money considering this forecast? |
| Long Terms Debt Funds |
| Short Term Debt Funds |
| Equity Funds |
| Banking Sector Funds |
| Q8.The Stock Exchanges which provide facilities for Mutual Fund trading also do the functions of Mutual Fund RTAs. - True or False? |
| True |
| False |
| Q 9. Why do we need Financial Planners? |
| because people are not aware of investment avenues |
| because people do not have the time |
| because people do not know their financial goals |
| all of the above |
| Q10.Identify the TRUE statement? |
| Mutual funds which are bank-sponsored are regulated by RBI and not SEBI |
| SEBI and AMFI both regulate mutual funds in India |
| Stock Exchanges regulates mutual funds in India |
| SEBI regulates mutual funds in India |