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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

In the NPS each investment manager appoints own distributor

2 / 50

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

3 / 50

Sponsor's net worth should be positive for

4 / 50

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

5 / 50

Mutual Fund sponsor can be compared to

6 / 50

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

7 / 50

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

8 / 50

Which of the followings is physical asset?

9 / 50

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

10 / 50

When interest rates rise, bond prices

11 / 50

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

12 / 50

The fund sponsors should have a sound financial track record of

13 / 50

Mid cap stocks are risky in the time of

14 / 50

The first step of financial planning is 

15 / 50

Which of the following is true for FMP

16 / 50

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

17 / 50

A better performance than the return on index is given by

18 / 50

Index funds are_____________fund 

19 / 50

What type of bond fund carries least interest rate risk

20 / 50

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

21 / 50

Which of these investors is allowed to do a nomination?

22 / 50

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

23 / 50

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

24 / 50

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

25 / 50

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

26 / 50

At time of NFO, which document compulsorily filed with SEBI 

27 / 50

A Passive Fund Manager

28 / 50

Which of the following are self regulatory organization(SRO)

29 / 50

Value stocks

30 / 50

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

31 / 50

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

32 / 50

The investment portfolio is created based on

33 / 50

How to compare index fund

34 / 50

Who Appoints the AMC

35 / 50

Trail commission means paying 

36 / 50

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

37 / 50

Bank owned mutual fund are supervised by

38 / 50

The maturity period of RBI relief bonds is

39 / 50

Risk adjusted return is measured by

40 / 50

Equity investment through sip can be suggested for investor looking for

41 / 50

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

42 / 50

Intra day trading can be done on the basis of-

43 / 50

Investor in MF can choose asset class but not investment manager

44 / 50

Which of the following has lowest risk

45 / 50

Agents are compensated by mutual funds

46 / 50

Financial Planning Involves

47 / 50

A trail commission is justified when

48 / 50

Need of Life insurance in life is

49 / 50

Arbitrage fund are not equity fund 

50 / 50

Collection and payment of fund is a responsibility of

Your score is

The average score is 64%

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