nism v a mutual fund exam mock test 4

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NISM Mock Test 4

NISM V-A Mutual Fund Distributor   Certification Exam – Online solve question answer banks with mock test practice 100+ question

1 / 25

With which agency are the mutual fund distributors registered?

2 / 25

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

3 / 25

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

4 / 25

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

5 / 25

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

6 / 25

Which of the following regulates mutual funds in India?


7 / 25

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

8 / 25

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

9 / 25

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

10 / 25

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

11 / 25

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

12 / 25

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

13 / 25

Mutual funds are constituted as ‘Trusts’ in India. Who are the beneficiaries of the trust?

14 / 25

What is real rate of return?

15 / 25

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

16 / 25

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

17 / 25

Only individuals are allowed to distribute mutual funds in India.

18 / 25

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

19 / 25

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

20 / 25

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

21 / 25

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


(Page 105).

22 / 25

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

23 / 25

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?

24 / 25

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.

25 / 25

Which of the following is an advantage of mutual funds?

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