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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

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

2 / 50

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

3 / 50

The investment portfolio is created based on

4 / 50

Trail commission means paying 

5 / 50

Bank owned mutual fund are supervised by

6 / 50

Risk adjusted return is measured by

7 / 50

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

8 / 50

Value stocks

9 / 50

Need of Life insurance in life is

10 / 50

How to compare index fund

11 / 50

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

12 / 50

Which of these investors is allowed to do a nomination?

13 / 50

Which of the following has lowest risk

14 / 50

Investor in MF can choose asset class but not investment manager

15 / 50

Which of the following is true for FMP

16 / 50

Which of the followings is physical asset?

17 / 50

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

18 / 50

What type of bond fund carries least interest rate risk

19 / 50

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

20 / 50

Index funds are_____________fund 

21 / 50

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

22 / 50

Financial Planning Involves

23 / 50

A better performance than the return on index is given by

24 / 50

Mid cap stocks are risky in the time of

25 / 50

In the NPS each investment manager appoints own distributor

26 / 50

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

27 / 50

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

28 / 50

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

29 / 50

At time of NFO, which document compulsorily filed with SEBI 

30 / 50

The maturity period of RBI relief bonds is

31 / 50

Agents are compensated by mutual funds

32 / 50

Sponsor's net worth should be positive for

33 / 50

The first step of financial planning is 

34 / 50

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

35 / 50

Mutual Fund sponsor can be compared to

36 / 50

Which of the following are self regulatory organization(SRO)

37 / 50

Collection and payment of fund is a responsibility of

38 / 50

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

39 / 50

Arbitrage fund are not equity fund 

40 / 50

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

41 / 50

The fund sponsors should have a sound financial track record of

42 / 50

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

43 / 50

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

44 / 50

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

45 / 50

Equity investment through sip can be suggested for investor looking for

46 / 50

A trail commission is justified when

47 / 50

Intra day trading can be done on the basis of-

48 / 50

Who Appoints the AMC

49 / 50

A Passive Fund Manager

50 / 50

When interest rates rise, bond prices

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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