0%
NISM V-A | Mock Test 4

NISM V-A Mock Test 4

NISM V-A (Mutual Fund Distributor Module) Exam | Mock Test 4

1 / 50

1. Mutual fund in India is regulated by SEBI(Mutual Fund) act 1996

2 / 50

2. Investor has read the OD and then the invested in the fund and fund goes
down, then he

3 / 50

3. Which one is false about debenture

4 / 50

4. Standard risk are

5 / 50

5. Institutional distributors needs to be

6 / 50

6. Which distribution channel don't have a huge branch network?

7 / 50

7. Who can not invest in mutual funds?

8 / 50

8. Which one is not exempted in wealth tax

9 / 50

9. Which of the following need not be included in KIM?

10 / 50

10. Fund's risk relative to market is measured by 

11 / 50

11. Dividends in the hands of investors are taxable at the rate of

12 / 50

12. Last step in the process of designing model portfolio

13 / 50

13. According to the asset allocation rule, equity exposure should be equal to 

14 / 50

14. Calculate the sales price of a unit when NAV is 15 and exit load 1%

15 / 50

15. In case of online transaction, transaction time is applicable 

16 / 50

16. If investors invest through demat can AMC asks for KYC requirement

17 / 50

17. In NPS investors get choice of the asset class but don't get choice of investment manager

18 / 50

18. The information regarding Which category of investors can invest in MF, is
given in

19 / 50

19. Goal based approach of financial planning focuses on

20 / 50

20. If you get a 50L in equity fund at 3:30 pm today,investor will get the NAV of

21 / 50

21. Asset allocation should be in line with

22 / 50

22. Which is same as of OD?

23 / 50

23. Transfer of security from one scheme to another scheme is allowed in MF 

24 / 50

24. MIP is a Debt Scheme

25 / 50

25. Index against which performance of a fund is measured, is called

26 / 50

26. Which expense can be not charged to scheme?

27 / 50

27. What is the rate of return of PPF

28 / 50

28. STT charge on 

29 / 50

29. What is the indicator of the risk adjusted performance ratio? 

30 / 50

30. Who can not be the distributor of the AMC 

31 / 50

31. FMP are essentially a closed ended Scheme

32 / 50

32. A young investor having objective of capital appreciation should invest in

33 / 50

33. Request for purchase can be made

34 / 50

34. SEBI doesn't allow passing of commission to 

35 / 50

35. In NPS class-C predominantly invests in 

36 / 50

36. Mutual fund is made up of

37 / 50

37. Function of OD is

38 / 50

38. Asset allocation means

39 / 50

39. Which of the following is appointed by trustee?

40 / 50

40. Which function AMC can't do in house 

41 / 50

41. Who allots Amfi Registration Number? 

42 / 50

42. Interest Rate sensitivity in Bond fund depends on 

43 / 50

43. KIM has to be updated

44 / 50

44. What should be the Sector Fund Allocation for a single income family having
small investable surplus

45 / 50

45. As per income tax act, Arbitrage Funds are taxed as per debt scheme

46 / 50

46. Value of Bond goes down when 

47 / 50

47. Low PE indicates that stock is cheap and you should buy it

48 / 50

48. Which is purely treated as an international asset

49 / 50

49. Mutual fund distributor in India are member of AMFI

50 / 50

50. If you get a cheque of 1 cr in a Gilt Fund at 2.30 pm, NAV date will be

Your score is

The average score is 58%

0%

This Mock Test 4 will help you become familiar with the exam format, assess your knowledge, and identify areas that may need further study.

Remember that while mock tests can benefit 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
Mock Test 1  |  Mock Test 2  |  Mock Test 3  |  Mock Test 4  |  Mock Test 5  |  Mock Test 6  |  Mock Test 7  |  Mock Test 8  |  Mock Test 9  |  Mock Test 10

For the latest and most accurate information, please visit the NISM website at https://certifications.nism.ac.in/nismaol/.