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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

Collection and payment of fund is a responsibility of

2 / 50

Mutual Fund sponsor can be compared to

3 / 50

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

4 / 50

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

5 / 50

Need of Life insurance in life is

6 / 50

Which of the following has lowest risk

7 / 50

Intra day trading can be done on the basis of-

8 / 50

Index funds are_____________fund 

9 / 50

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

10 / 50

Arbitrage fund are not equity fund 

11 / 50

The fund sponsors should have a sound financial track record of

12 / 50

A Passive Fund Manager

13 / 50

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

14 / 50

Investor in MF can choose asset class but not investment manager

15 / 50

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

16 / 50

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

17 / 50

The first step of financial planning is 

18 / 50

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

19 / 50

The maturity period of RBI relief bonds is

20 / 50

Trail commission means paying 

21 / 50

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

22 / 50

Which of these investors is allowed to do a nomination?

23 / 50

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

24 / 50

The investment portfolio is created based on

25 / 50

Which of the following are self regulatory organization(SRO)

26 / 50

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

27 / 50

Financial Planning Involves

28 / 50

How to compare index fund

29 / 50

A trail commission is justified when

30 / 50

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

31 / 50

Equity investment through sip can be suggested for investor looking for

32 / 50

Who Appoints the AMC

33 / 50

Risk adjusted return is measured by

34 / 50

Agents are compensated by mutual funds

35 / 50

A better performance than the return on index is given by

36 / 50

Which of the following is true for FMP

37 / 50

Which of the followings is physical asset?

38 / 50

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

39 / 50

At time of NFO, which document compulsorily filed with SEBI 

40 / 50

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

41 / 50

Bank owned mutual fund are supervised by

42 / 50

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

43 / 50

What type of bond fund carries least interest rate risk

44 / 50

Value stocks

45 / 50

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

46 / 50

When interest rates rise, bond prices

47 / 50

Mid cap stocks are risky in the time of

48 / 50

In the NPS each investment manager appoints own distributor

49 / 50

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

50 / 50

Sponsor's net worth should be positive for

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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