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NISM V-A | Mock Test 4

NISM V-A Mock Test 4

NISM V-A (Mutual Fund Distributor Module) Exam | Mock Test 4

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1. As per income tax act, Arbitrage Funds are taxed as per debt scheme

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2. Which function AMC can't do in house 

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3. Who can not invest in mutual funds?

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4. KIM has to be updated

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5. SEBI doesn't allow passing of commission to 

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6. Dividends in the hands of investors are taxable at the rate of

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7. According to the asset allocation rule, equity exposure should be equal to 

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8. Goal based approach of financial planning focuses on

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9. Low PE indicates that stock is cheap and you should buy it

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10. Interest Rate sensitivity in Bond fund depends on 

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11. Institutional distributors needs to be

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12. Which one is false about debenture

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13. Which distribution channel don't have a huge branch network?

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14. What is the indicator of the risk adjusted performance ratio? 

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15. In case of online transaction, transaction time is applicable 

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16. MIP is a Debt Scheme

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17. Last step in the process of designing model portfolio

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18. Index against which performance of a fund is measured, is called

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19. Investor has read the OD and then the invested in the fund and fund goes
down, then he

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20. Request for purchase can be made

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21. In NPS class-C predominantly invests in 

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22. If you get a cheque of 1 cr in a Gilt Fund at 2.30 pm, NAV date will be

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23. What should be the Sector Fund Allocation for a single income family having
small investable surplus

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24. Which of the following is appointed by trustee?

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25. Value of Bond goes down when 

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26. In NPS investors get choice of the asset class but don't get choice of investment manager

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27. Transfer of security from one scheme to another scheme is allowed in MF 

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28. Asset allocation means

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29. FMP are essentially a closed ended Scheme

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30. Which of the following need not be included in KIM?

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31. Mutual fund in India is regulated by SEBI(Mutual Fund) act 1996

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32. Fund's risk relative to market is measured by 

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33. If you get a 50L in equity fund at 3:30 pm today,investor will get the NAV of

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34. A young investor having objective of capital appreciation should invest in

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35. Which expense can be not charged to scheme?

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36. Asset allocation should be in line with

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37. Function of OD is

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38. Standard risk are

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39. Mutual fund distributor in India are member of AMFI

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40. Calculate the sales price of a unit when NAV is 15 and exit load 1%

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41. Who allots Amfi Registration Number? 

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42. The information regarding Which category of investors can invest in MF, is
given in

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43. Which is purely treated as an international asset

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44. Which is same as of OD?

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45. Which one is not exempted in wealth tax

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46. If investors invest through demat can AMC asks for KYC requirement

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47. What is the rate of return of PPF

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48. Mutual fund is made up of

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49. Who can not be the distributor of the AMC 

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50. STT charge on 

Your score is

The average score is 58%

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This Mock Test 4 will help you become familiar with the exam format, assess your knowledge, and identify areas that may need further study.

Remember that while mock tests can benefit 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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For the latest and most accurate information, please visit the NISM website at https://certifications.nism.ac.in/nismaol/.