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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

Trail commission means paying 

2 / 50

A Passive Fund Manager

3 / 50

Mid cap stocks are risky in the time of

4 / 50

Arbitrage fund are not equity fund 

5 / 50

Agents are compensated by mutual funds

6 / 50

What type of bond fund carries least interest rate risk

7 / 50

Bank owned mutual fund are supervised by

8 / 50

Mutual Fund sponsor can be compared to

9 / 50

Value stocks

10 / 50

At time of NFO, which document compulsorily filed with SEBI 

11 / 50

Investor in MF can choose asset class but not investment manager

12 / 50

Financial Planning Involves

13 / 50

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

14 / 50

The first step of financial planning is 

15 / 50

Collection and payment of fund is a responsibility of

16 / 50

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

17 / 50

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

18 / 50

When interest rates rise, bond prices

19 / 50

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

20 / 50

The investment portfolio is created based on

21 / 50

The fund sponsors should have a sound financial track record of

22 / 50

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

23 / 50

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

24 / 50

Which of the following are self regulatory organization(SRO)

25 / 50

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

26 / 50

Which of the followings is physical asset?

27 / 50

Intra day trading can be done on the basis of-

28 / 50

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

29 / 50

Risk adjusted return is measured by

30 / 50

Index funds are_____________fund 

31 / 50

In the NPS each investment manager appoints own distributor

32 / 50

Which of these investors is allowed to do a nomination?

33 / 50

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

34 / 50

The maturity period of RBI relief bonds is

35 / 50

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

36 / 50

Which of the following has lowest risk

37 / 50

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

38 / 50

Need of Life insurance in life is

39 / 50

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

40 / 50

Equity investment through sip can be suggested for investor looking for

41 / 50

How to compare index fund

42 / 50

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

43 / 50

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

44 / 50

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

45 / 50

Who Appoints the AMC

46 / 50

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

47 / 50

A trail commission is justified when

48 / 50

Sponsor's net worth should be positive for

49 / 50

A better performance than the return on index is given by

50 / 50

Which of the following is true for FMP

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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