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NISM V-A Mock Test 3

NISM V-A Mock Test 3

NISM V-A (Mutual Fund Distributor Module) Exam | Mock Test 3

1 / 50

How to compare index fund

2 / 50

Mutual Fund sponsor can be compared to

3 / 50

The investment portfolio is created based on

4 / 50

Prior approval of SEBI needs to be taken before a person is appointed as
trustee

5 / 50

In case of market correction _______ , takes more hit than _______ Fund. 

6 / 50

A Passive Fund Manager

7 / 50

Name of asset allocation strategy if it is fixed @ 50 %

8 / 50

Which of the following is true for FMP

9 / 50

Risk adjusted return is measured by

10 / 50

At time of NFO, which document compulsorily filed with SEBI 

11 / 50

What is the recurring expense on first 100 cr for equity schemes

12 / 50

Investor in MF can choose asset class but not investment manager

13 / 50

Agents are compensated by mutual funds

14 / 50

Arbitrage fund are not equity fund 

15 / 50

Index funds are_____________fund 

16 / 50

Which of the followings is physical asset?

17 / 50

In new pension scheme(NPS) Tier I account new pension scheme is
called pension account

18 / 50

Which of these investors is allowed to do a nomination?

19 / 50

Emerging or new channel for distributors/marketing of mutual funds in India is

20 / 50

Intra day trading can be done on the basis of-

21 / 50

In the NPS each investment manager appoints own distributor

22 / 50

Equity investment through sip can be suggested for investor looking for

23 / 50

What of the following is not a reason for investor to prefer mutual fund over Bank FD

24 / 50

What type of bond fund carries least interest rate risk

25 / 50

Which of the following has lowest risk

26 / 50

Value stocks

27 / 50

Model portfolio should be determined based on commission income possibility for distributor

28 / 50

All investor have similar requirements at similar stage in the life/wealth cycle

29 / 50

Debt Securities bought at a discount to their Face Value are generally

30 / 50

Financial Planning Involves

31 / 50

When price of gold goes up a buyer of gold future contract see it's value

32 / 50

A trail commission is justified when

33 / 50

Need of Life insurance in life is

34 / 50

Other than Indian residents, rest have to also comply RBI regulations

35 / 50

Bank owned mutual fund are supervised by

36 / 50

Mid cap stocks are risky in the time of

37 / 50

Which of the following is not a function of R&T agent

38 / 50

Which of the following are self regulatory organization(SRO)

39 / 50

The role of insurance is more critical for physical assets than financial assets

40 / 50

Person, other than Indian residents, should also comply with RBI guidelines for investment in Indian mutual funds

41 / 50

The maturity period of RBI relief bonds is

42 / 50

Trail commission means paying 

43 / 50

The first step of financial planning is 

44 / 50

Sponsor's net worth should be positive for

45 / 50

Who Appoints the AMC

46 / 50

As the no of earning member in a family increases risk appetite

47 / 50

Collection and payment of fund is a responsibility of

48 / 50

When interest rates rise, bond prices

49 / 50

The fund sponsors should have a sound financial track record of

50 / 50

A better performance than the return on index is given by

Your score is

The average score is 63%

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This mock test will help you familiarize yourself with the exam format, assess your knowledge, and identify areas that may need further study.

Remember that while mock tests can be beneficial for practice, it’s important to understand the concepts and principles behind each question thoroughly.

Good luck with your preparation for the NISM Series V-A exam!NISM Mock test
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