nismmocktest.in

Question 1 reset

________ have emerged as alternate channels of mutual fund distribution.

Post-offices

Self-help Groups

Both the above

Question 2 reset

In the case of SIPs, transaction charge of Rs 100 is payable in 4 instalments, provided that the total investment commitment is Rs ______ or above.

Rs. 10,000

Rs. 50,000

Question 3 reset

_______ are individuals offering investment advice.

IFAs

Brokerages

Distributors

NBFCs

Question 4 reset

Which of the following is the last step before distributors can start selling mutual funds.

NISM certification

ARN

KYD

Empanelment

Question 5 reset

The maximum transaction charge is ______ per application.

Rs 100

Rs 150

Rs 200

Question 6 reset

Trail commission is paid

For 1 year

For 3 years

For 5 years

So long as investor’s moneys are with the scheme

Question 7 reset

The bank accepts ‘Standing Instructions’ (also called ‘Direct Debit’) if __________ have an account with the same bank.

investor

mutual fund

Both the above

Question 8 reset

Foreigners are permitted to invest as Qualified Foreign Investors (QFIs).

True

False

Question 9 reset

Demat account is compulsory for investors to transact in ETF units.

True

False

Question 10 reset

The investor also has the option to convert the demat units into physical form.

True

False

Time Over