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AMFI Mock Test 07 

Mock Test  :  RMG Student Exclusive :        
Total Marks 100

Please do not refersh or reload this page

12/16/2017 12:41:06 PM

Total Questions  72
 

Pass Marks is 55%

Time Left : 00:00:00 Hrs

 


Question 1 :A close ended mutual fund has a fixed [Mark 2]





Question 2 :Changes in foreign exchange rates have no bearing on interest rates [Mark 1]



Question 3 :A high portfolio turnover for a fund indicates [Mark 1]





Question 4 :In the growth option offered by mutual funds, the number of units held by an investor increases because of [Mark 2]





Question 5 :The yield on Treasury Bill or T Bill is determined by [Mark 1]





Question 6 :A bonds rating indicates its [Mark 1]





Question 7 :A mutual fund may invest in short term deposits of scheduled commercial banks [Mark 1]



Question 8 :The basis of genuine investment advice should be [Mark 2]





Question 9 :Within an asset class, which individual security to invest in should be decided by [Mark 2]





Question 10 :In India, individual investors do not have direct access to [Mark 2]





Question 11 :The rate of interest paid by a company on debentures issued by it depends on [Mark 2]





Question 12 :Investing through mutual fund is a better option than investing directly in the stock market because [Mark 1]





Question 13 :Deciding on strategies such as long term compounding, cost averaging, value averaging, active switching, all depend on the [Mark 1]





Question 14 :By their very nature, growth funds are considered as high risk funds [Mark 1]



Question 15 :Diversification reduces [Mark 1]





Question 16 :Asset allocation is [Mark 1]





Question 17 :The transition phase of an investors wealth cycle is when [Mark 2]





Question 18 :Between the past performance of the fund and its suitability for an investor, past performance is more important [Mark 1]



Question 19 :Which of the following fund types are comparable [Mark 1]





Question 20 :A steady holding of investments in an equity funds portfolio indicates [Mark 1]





Question 21 :Yield to maturity of a debt funds portfolio is more important when the investment objective is [Mark 1]





Question 22 :Which is the most important in selecting debt fund for better return [Mark 1]





Question 23 :As per SEBI regulations for valuation of investments held by mutual funds, a security is considered non traded when it [Mark 2]





Question 24 :An investor can assess the performance of his mutual fund by comparing it with the performance of [Mark 1]





Question 25 :The most important reason for an investor to prefer a bank deposit to a Mutual fund is [Mark 2]





Question 26 :Expenses incurred by a fund for printing of key information memorandum can be amortized over [Mark 1]





Question 27 :A disadvantage suffered by mutual fund investor is that he has no control over the costs of investing [Mark 1]



Question 28 :The 1999 union government budget helped the mutual fund industry by [Mark 2]





Question 29 :A high turnover rate for a fund indicates [Mark 1]





Question 30 :Mutual fund units cannot be distributed by [Mark 1]





Question 31 :A put provision in a debt issue allows [Mark 1]





Question 32 :The Expense Ratio as a measure of a funds performance is defined by a funds [Mark 1]





Question 33 :Which of the following is of no relevance in evaluating funds performance [Mark 1]





Question 34 :An investor in a close ended mutual fund can get his or her money back by selling his or her units [Mark 1]





Question 35 :Some close ended funds are quoted at a discount to their NAV because [Mark 1]





Question 36 :NAVs of equity funds are not affected by [Mark 1]





Question 37 :Which of the following is not an equity instrument [Mark 1]





Question 38 :Which of the following is generally true for a growth stock [Mark 1]





Question 39 :The offer document need not be revised if the management or the controlling interest in the AMC change [Mark 1]



Question 40 :The functions and responsibilities of the sponsor, AMC, trustees and custodian of the mutual fund are listed in [Mark 1]





Question 41 :The names and background of key personnel of the AMC [Mark 1]





Question 42 :A schemes policy on dividends and distribution [Mark 1]





Question 43 :The fund need not describe its accounting policies in the offer document as these are of no use to an investor [Mark 1]



Question 44 :Any pending cases or penalties levied on the sponsors of AMC should be disclosed in the offer document [Mark 1]



Question 45 :Generally which category of investors need advice for Investing in Mutual Funds [Mark 3]





Question 46 :Is Mutual Fund agents or distributors in India required to pass any examination to qualify to sell Mutual Fund Units [Mark 1]





Question 47 :The front page of an offer document need not cover [Mark 2]





Question 48 :If the AMC is managing a fund for the first time, this information can be found in [Mark 2]





Question 49 :Retail distribution channels are a critical element in the distribution of mutual funds in India [Mark 2]



Question 50 :Excess distribution expenses are to be borne by the [Mark 1]





Question 51 :For investors to correctly compare performance of different funds SEBIs advertising codes include [Mark 2]





Question 52 :The terms of appointment of a broker by a fund are [Mark 2]





Question 53 :Investments made by a mutual fund on behalf of investors are accounted as [Mark 1]





Question 54 :For an open ended fund, the repurchase price should not be lower than [Mark 1]





Question 55 :The structure, which is required to be followed by mutual funds in India, is laid down by [Mark 1]





Question 56 :Distributors or agents [Mark 2]





Question 57 :The AMC and directors are answerable to [Mark 1]





Question 58 :The entity that SEBI does not regulate is [Mark 1]





Question 59 :UTI cannot provide [Mark 1]





Question 60 :Unit holders of a mutual fund scheme do not have a right to [Mark 3]





Question 61 :Unit scheme US64 falls under the purview of SEBI [Mark 1]



Question 62 :The prospectus of Offer Document containing the details of new scheme is first registered with the [Mark 2]





Question 63 :The Offer document for a scheme remains valid even if [Mark 2]





Question 64 :An investor need not study the offer document before investing in a scheme [Mark 1]



Question 65 :A close ended has average weekly net assets of Rs 200 crore and as per SEBI regulations, the AMC can charge the fund with investment and advisory fee upto [Mark 3]





Question 66 :Which of the following is not considered for technical analysis [Mark 2]





Question 67 :A futures contract allows one to buy or sell the underlying shares, but need not result in delivery [Mark 1]



Question 68 :In India, a large part of debt securities pay interest on [Mark 1]





Question 69 :When interest rates for similar maturities bonds are 11 percent bond with a 9 percent coupon rate will sell [Mark 1]





Question 70 :The steps involved in the selection of an equity fund for investment are [Mark 2]





Question 71 :If yields fall, a debt fund manager will do all of the following except [Mark 3]





Question 72 :A debt fund distributes 10 percent dividend then how much tax does the investor have to pay on this dividend [Mark 1]