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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

A better performance than the return on index is given by

2 / 50

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

3 / 50

Index funds are_____________fund 

4 / 50

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

5 / 50

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

6 / 50

What type of bond fund carries least interest rate risk

7 / 50

Investor in MF can choose asset class but not investment manager

8 / 50

Financial Planning Involves

9 / 50

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

10 / 50

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

11 / 50

The investment portfolio is created based on

12 / 50

The fund sponsors should have a sound financial track record of

13 / 50

Collection and payment of fund is a responsibility of

14 / 50

Risk adjusted return is measured by

15 / 50

Sponsor's net worth should be positive for

16 / 50

Which of these investors is allowed to do a nomination?

17 / 50

Who Appoints the AMC

18 / 50

Mutual Fund sponsor can be compared to

19 / 50

Arbitrage fund are not equity fund 

20 / 50

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

21 / 50

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

22 / 50

Intra day trading can be done on the basis of-

23 / 50

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

24 / 50

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

25 / 50

When interest rates rise, bond prices

26 / 50

A trail commission is justified when

27 / 50

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

28 / 50

Need of Life insurance in life is

29 / 50

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

30 / 50

The first step of financial planning is 

31 / 50

In the NPS each investment manager appoints own distributor

32 / 50

A Passive Fund Manager

33 / 50

Mid cap stocks are risky in the time of

34 / 50

Agents are compensated by mutual funds

35 / 50

The maturity period of RBI relief bonds is

36 / 50

Equity investment through sip can be suggested for investor looking for

37 / 50

At time of NFO, which document compulsorily filed with SEBI 

38 / 50

Bank owned mutual fund are supervised by

39 / 50

How to compare index fund

40 / 50

Which of the following is true for FMP

41 / 50

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

42 / 50

Which of the following are self regulatory organization(SRO)

43 / 50

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

44 / 50

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

45 / 50

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

46 / 50

Value stocks

47 / 50

Which of the following has lowest risk

48 / 50

Trail commission means paying 

49 / 50

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

50 / 50

Which of the followings is physical asset?

Your score is

The average score is 64%

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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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