nismmocktest.in

Question 1 reset

Investor’s return is different from scheme return to the extent of

Load

MTM

AMC fees

Scheme running expenses

Question 2 reset

Mutual fund schemes do not pay a tax on their

capital gains

losses

both the above

Question 3 reset

Mutual fund schemes do not pay tax on their net income.

True

False

Question 4 reset

STT is applicable on re-purchase of units of an open-end equity fund at

0.001%

0.01%

0.1%

Question 5 reset

Mutual fund schemes pay tax on capital gains at

10%

15%

30%

Tax is not applicable

Question 6 reset

Investor pays a tax on the dividend that he receives from a mutual fund scheme at

10%

15%

30%

Tax is not applicable

Question 7 reset

STT is applicable on

Equity transactions

Debt transactions

Gold transactions

Question 8 reset

Withholding tax on capital gains may be applicable for

Only investors who are resident in India

Only investors who are non-resident in India

Question 9 reset

Key Information Memorandum (KIM) is essentially a summary of the

Scheme Information Document (SID)

Statement of Additional Information (SAI)

Both the above

Question 10 reset

In practice, SID and SAI are two separate documents, though the legal technicality is that SAI is part of the SID.

True

False

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