What is the primary purpose of evaluating the factors like safety, liquidity, and returns when choosing an investment option?

Why is interest rate risk more directly associated with bonds than stocks?

What is the main risk associated with investments in bonds and debentures

Which asset class is considered the safest for investors?

What is the primary characteristic of real estate as an asset class?

How does inflation impact the planning and funding of long-term financial goals?

What are the three most important factors to evaluate investments?

What is the key difference between saving and investing, as discussed in the passage?

What is the primary purpose of discussing financial goals and time horizon for their achievement in the context of investments?

In case of death of the ARN holder, the nominee is eligible to earn trail commission on old business only after the nominee clears NISM Series V-A examination.

Tax Deduction at Source (TDS) would be applicable on capital gains from mutual funds for which of the following investor category?

In which of the following funds, the long term capital gains tax would be payable after adjustment for indexation?

Which of the following statements is true in case of income tax on the dividend income earned by a resident Indian investor?

Dividend from mutual fund schemes is taxable in the hands of the investor. State whether True or False.

Mutual fund being a tax-exempt entity, it does not have to pay the Securities Transaction Tax (STT) on the transactions done on the stock exchanges. State whether True or False.

The Total Expense Ratio (TER) charged to the fund has no impact on the Net Asset Value (NAV) of the scheme

A distributor is allowed to charge transaction charge of up to 2% on all purchase transaction. State whether True or False.

In which of the following mutual fund schemes, the investor has to pay entry load?

What is the most important reason why benchmarks are required in case of mutual funds?

Which of the following is a measure of the risk in an equity index fund?

What does a portfolio’s beta measure?

Which of the following is a non-diversifiable risk?

Which document would NOT indicate anything about the asset allocation pattern of a hybrid fund?

Index funds would have lower turnover in comparison to an actively managed fund

Which of the following documents provide the asset allocation for the mutual fund schemes?

How many focused equity funds can an AMC launch?

Which companies would fall in the category of large cap as per the SEBI circular on categorization and rationalization of open-ended mutual fund schemes?

Treynor ratio is a measure of _________

What is the maximum limit allowed under Instant Access Facility?

Recently SEBI introduced a provision in case of debt funds to protect to investor against potentially very high losses caused by illiquidity in case of a credit event. Which provision are we referring to?

A segregated portfolio can be created under one of the following situations. Identify the situation:

In which of the following fund categories ONLY one scheme is allowed post the SEBI circular on categorization and rationalization of open-ended mutual fund schemes?

In which of the following mutual funds the unit capital cannot change during the life of the fund?

Which of the following mutual fund schemes would have real time NAV?

Which of the following need to compulsorily register as investment adviser with SEBI?

Which of the following will define the risk and return features of a mutual fund scheme?

The benefits of diversification in a portfolio is seen in the form of

Which of these investments is seen as riskiest?

Which of these investments is most likely to be affected by inflation?

Which of the following is NOT considered in the calculation of RoI?

In a jointly held folio, the PAN and KYC process has to be complied with by

A nomination made in a mutual fund folio

Which of the following cannot be considered for the purpose ofselecting a scheme’s benchmark?

Which is the most appropriate measure of evaluating how closely an index fund is tracking its benchmark?

Which of the following type of analysis tracks the price and volume data related to trading in the security?

When the interest rate in the economy increases, the price of existing bonds _________.

What is the real rate of return?

The purchasing power of currency changes on account of which of the following?

Which amongst the following asset categories can also be purchased for consumption purposes apart from an investment?

Which among the following investment avenues does not offer income on a regular basis?

_________ are close-ended debt funds.

Which among the following schemes would have lower risk of concentration?

Passive funds are safe, as the NAV of such funds do not go down even when the respective markets fall. State whether this is True or False

For an investor to get a quick sense of the level of risk involved in a mutual fund scheme, SEBIsuggested a simplified framework known as ___________.

Which of the following scheme categories would be considered the least risky in terms of credit risk?

Which among the below securities has the lowest Credit/Default Risk ?

_________ takes into account all dividends generated from the basket of constituents that make up the index in addition to the capital gains.

‘Once it is finalized, a mutual fund scheme’s benchmark cannot be changed at a later date.’

Unsystematic risk can be reduced through diversification.

Government securities can be considered to be completely risk-free.

Which of the following statements is True?

At what price are the bonus units issued to the unitholder?

What term is used to describe the Net Asset Value (NAV) of the scheme after the dividend is paid out (Remember the NAV would have dropped to the extent of the dividend paid and the Dividend Distribution Tax, thereon)?

The Income Tax Act allows setting-off of the short term capital loss against long term capital gains.

In case of capital gains from mutual fund investments, Tax Deduction at Source (TDS) is applicable for: _________

Redemption from which of the following mutual fund schemes would attract Securities Transaction Tax (STT) for an investor?

What is the tax applicable on the income earned by the mutual fund schemes?

In case of mutual fund schemes, dividends can be paid only out of _________.

What is the maximum Total Expense Ratio chargeable in case of index funds?

Investors have bought 20 crore units of a mutual fund scheme at Rs. 10 each. The scheme has thus mobilized 20 crore units X Rs. 10 per unit i.e. Rs 200 crore. An amount of Rs. 140 crore is invested in equities. The balance amount of Rs 60 crore, mobilized from investors, was placed in bank deposits. Interest and dividend receivable (accrued but yet not received) by the scheme is Rs 8 crore, scheme expenses payable (accrued but not paid yet) is Rs 4 crore. Calculate the scheme’s NAV per unit.

As per the fair valuation principles laid out by SEBI, it is mandatory to disclose the valuation policy in ______.

Mutual fund distributors earn no commission when the investor chooses to invest in “direct” plans.

Mutual fund distributors can only earn upfront commission from the mutual funds.

In what form do mutual fund distributors earn revenue?

Mutual Fund Distributors Certification Examination offered by __________ is required for becoming a mutual fund distributor.

Only individuals are allowed to distribute mutual funds in India.

How often should the Key Information Memorandum (KIM) be updated?

(Page 105).

Which of the following statements is ‘TRUE’ with respect to the Scheme Information Document (SID) and Statement of Additional Information (SAI)?

“Please read the scheme related documents carefully” – which documents does this line refer to?

Investors have the right to specify upto ___ nominees for their mutual fund investment folios.

Which of the following statements is ‘True’ with respect to celebrity endorsement for mutual funds?

Mutual funds can buy and sell securities only on delivery basis.

Which of the following regulates mutual funds in India?

With which agency are the mutual fund distributors registered?

Registrar and Transfer Agency function must be independent of the Asset Management Company, and it cannot be retained in-house. State whether this statement is True or False.

Whose job is it to track the various corporate actions like bonus, dividend, or rights issues in companies where the mutual fund scheme has invested?

Who handles the day-to-day management of the mutual fund?

Which amongst the following categories of mutual funds have a fixed maturity date?

The transparency levels in mutual funds are very low. State whether True or False.

Which of the following is an advantage of mutual funds?

Each mutual fund scheme must have a stated investment objective. State whether True or False.

_____ indicates how much money can be generated per unit of mutual fund in case the scheme is liquidated.

When interest rate in the economy increases, the price of existing bonds ____.

What is real rate of return?

The purchasing power of currency changes on account of which of the following?

Which among the following investment avenues does not offer income on a regular basis?

Providing funds for a daughter’s marriage is an example of _______.

According to the Certified Financial Planner – Board of Standards (USA), the first stage in financial
planning is _____________.

Investor can get into long term investment commitments in ________.

Distribution phase of Wealth Cycle is a parallel of Retirement phase of Life Cycle

How much equity would you suggest for a young well settled unmarried individual

Model portfolios are a waste of time for financial planners

The asset allocation that is worked out for an investor based on risk profiling is called _______.

The objective of asset allocation is risk management.

Risk appetite of investors is assessed through _______

Unit holders can hold their units in demat form

Within ___ days of dividend declaration, warrants will have to be sent to investors

Statement of Account is to be sent to investors within ___ days of NFO closure

Investment objective defines the broad investment charter.

SEBI regulates __________.

Fund accounting activity of a scheme is to be compulsorily outsourced

Most investor service centers are offices of _______

AMC directors are appointed with the permission of Trustees.

The assets of the mutual fund are held by ______.

High yield bond schemes invest in junk bonds

Sector funds invest in a diverse range of sectors.

Open-ended schemes generally offer exit option to investors through a stock exchange

Unit's of ____________ must be listed on the stock exchange.

Which among the following is not a statutory document?

For an investor to get a quick sense of the level of risk involved in a mutual fund scheme, SEBI suggested a simplified framework known as

A distributor is allowed to charge transaction charge of up to 2% on all purchase transaction. State whether True or False.

Treynor ratio is a measure of _________

In which categories of schemes can the Instant Access Facility allowed?

Recently SEBI introduced a provision in case of debt funds to protect to investor against potentially very high losses caused by illiquidity in case of a credit event. Which provision are we referring to?

A segregated portfolio can be created under one of the following situations. Identify the situation: *

In which of the following fund categories ONLY one scheme is allowed post the SEBI circular on categorization and rationalization of open-ended mutual fund schemes? *

In which of the following mutual funds the unit capital cannot change during the life of the fund? *

Which of the following mutual fund schemes would have real time NAV? *