nismmocktest.in

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Question 1 reset

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

True

False

Question 2 reset

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

True

False

Question 3 reset

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

True

False

Question 4 reset

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

True

False

Question 5 reset

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

True

False

Question 6 reset

The Apex regulator of the securities markets is

RBI

SEBI

NABARD

Question 7 reset

The RBI is responsible for the issue of Government securities.

True

False

Question 8 reset

Powers to regulate stock exchange were given to SEBI by SCRA.

True

False

Question 9 reset

SEBI insists on the registration of market participants under the specific regulations.

True

False

Question 10 reset

Insider trading is controlled by the regulations of

RBI

SEBI

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