nismmocktest.in

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Question 1 reset

KIM has to be updated every 6 months.

True

False

Question 2 reset

Institutional distributors build reach through ______.

Employees

Agents

Sub-brokers

Any of the above

Question 3 reset

The maximum initial commission that a scheme can pay to distributors is ____.

Nil

Question 4 reset

The distributor can charge a fee from the investor.

True

False

Question 5 reset

Stock exchange brokers are permitted to distribute mutual funds without the requirement of passing the certifying test.

True

False

Question 6 reset

Trail commissions are linked to valuation of portfolio in the market.

True

False

Question 7 reset

Net assets of a scheme are nothing but its investment portfolio.

True

False

Question 8 reset

The difference between NAV and re-purchase price is _______.

Entry Load

Exit Load

Question 9 reset

NAV of income funds is to be calculated upto _____ decimals.

Question 10 reset

Securities Transaction Tax is applicable to Equity Schemes.

True

False

Time Over