nismmocktest.in

Question 1 reset

In the case of HUF, the head of the family (called ‘karta’) invests on behalf of the family.

True

False

Question 2 reset

Upto ______ people are permitted to invest as joint investors.

3

4

5

6

Question 3 reset

__________ are permitted to invest in mutual funds.

Individuals

non-individuals

both the above

Question 4 reset

Minors can invest through their

parents

legal guardians

both the above

Question 5 reset

Where investment is made by a minor, KYC requirements have to be complied with by the ________.

Minor

Guardian

Question 6 reset

Which of the following is permitted to invest in mutual funds in India?

Individuals

HUF

Qualified Foreign Investors

All of the above

Question 7 reset

The limit for micro SIPs is____ p.a.

Rs 20,000 for all mutual funds together

Rs 50,000 for all mutual funds together

Question 8 reset

Where investment is by minor, KYC compliance is required from

The minor

The guardian

The minor and guardian

No KYC required

Question 9 reset

Mutual fund investor can register upto ____ bank account/s.

2

3

4

5

Question 10 reset

If investments are made by a Power of Attorney (PoA) holder, KYC requirements have to be complied with, by

investor

PoA holder

both the above

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