nismmocktest.in

Question 1 reset

The securities that a fund invests in depend upon its Investment objective.

True

False

Question 2 reset

Marking to market is the process of valuing the security at Market price.

True

False

Question 3 reset

The type of expenses that can be charged to a fund and the limit is decided by SEBI.

True

False

Question 4 reset

A mutual fund cannot have Long‐term liabilities on its balance sheet.

True

False

Question 5 reset

Mutual funds have lower risks because of

Portfolio diversification

Professional management

Both the above

Question 6 reset

Units of a mutual fund have a similar connotation as shares of a company.

True

False

Question 7 reset

The unit capital of a fund is the number of (units issued) x (NAV) of the fund.

True

False

Question 8 reset

The funds of each scheme are maintained in a separate bank account.

True

False

Question 9 reset

The value of a unit cannot go below its face value.

True

False

Question 10 reset

FRE is charged to the fund at the end of the financial year.

True

False

Time Over