2B QUIZ

______ are considered as Retail Investor in MF

Societies

NRIs

Partnership Firm

Trust

When should the qualified Register and Transfer Agents (QRTAs) carry stake holder/ investor satisfication Surveys?

Every Month end

Annually

At the time of renewal of license

Half-Yearly

The NAV of both growth option and dividend option are usually the same.

True

False

Which of these document have to be submitted by the MF investor requesting for a change in name ? 1. Details of the folio 2. Self attested copy of pan card in the new name. 3. Old and new signature of the account holder.

Only 1 & 2

All 1, 2&3

Only 1 &3

Only 2& 3

The unit price of a MF scheme ie. Its NAV ___

Can be higher or lower than its face value

Is always higher than face value

Is always equal to its face value

Is usually lower than its face value

Equity Linked Saving Scheme(ELSS) are required to hold atleast _ Percent of total assets in equity and equity related instruments

What does it mean by transmission of MF Units?

Transfer of MF Units in case of the death of the unit holder

Redemption of all units

Transfer of units when the scheme is closed

Gifting MF Units

Which of the following change requests can he made by MF investors to update detail in their folio.

Change of Bank Details

Change of Nominee

Change of Adress

All of the above

One of the Main Task understand by the investor service center / official points of acceptance. Select one

Providing sale necessities like form for depositories

Not providing statement of account on regular basis to distributors and investors

Not maintaining information distribution of divident

Providing statutory document such as Scheme information Document (SID) and Statement of Additional Information (SAI)

_ means the pool of money given by investors, where as _ means the investment product in which investment have been made

AMC, Mutual Fund

Trust, AMC

Mutual Fund, Portfolio

Contribution, Portfolio

An equity share of a company with face value of Rs 10 and a market price of Rs 90 declares 30 percent-dividend What is the dividend the investor will get.

How is a Prefernce share different from a Debenture?

Preference share does not have a fixed maturity

Prefference share pays dividend

Preference share enjoys preference

A Preference share is a share

KYC norms have to be fulfilled before opening_

Demat Account

All the options

Trading Account

Bank Account

In case of KRA Compliant folio, a request for a change of address has to submitted to the_

Custodian

KYC Registration Agencies(KRA)

R&T Agent

Asset Management Company(AMC)

Generally Unit Capital of a _ Scheme remains constant and that of a _ change regularly

Debt, Liquid

ELSS, close ended

Close ended, open ended

Debt, Equity

Which type of share issue will not change the investors proportionate holding in the company

IPO

Public issue

Preference share issue

Right issue

In general, What are the returns from Equity share?

Assured

Not known in advance

Fixed at the time of IPO

15 to 25 percentage per annum

The short term capital gains tax for debt fund is _

NIL

15 Percentage

Investor's marginal tax rate

10 percentage

Calculate the redemption price if the NAV is rs.7 Abd the exit load is 2 percentage

73.5

76.5

Who appoints the AMC of Mutual Fund?

Investors in the Mutual Fund

SEBI

The sponsors

The Trustees

The change in bank mandate application by an corporate investors has to be signed by

The managing director (or) company secretary

The chairman

The Auditors

The Authorized signatories

Which of these is Not a function of a custodian of a MF?

To issue and redeem the units of a mutual fund

To maintain accounts of a mutual fund

To track the corporate actions of securities held by the MF

To do valuation of securities held by the Mutual Fund

What is Termed as a Fresh Purchase of MF Units

When a existing investor applies for units either during NFO (or) during continious offer

When a reffered investor applies for units either during NFO (or) during continious offer

When a existing NRI Investor applies for units either during NFO (or) during continious offer

When a new investor applies for units either during NFO (or) during continious offer

The transaction slip has which of the following details pre-printed to identify the mutual fund investor in the system?

Folio number

PAN details

Application number

Bank details

When are the changes to unit capital notified to the Fund?

On the transaction day

On T+1 Day

On T+2 days

On T+3 days

Debt fund Investment predominantly in

Hybrid Securities

Government securities

Debt Securities

Treasury Bills

As per SEBI categorization, which of these is classified as Hybrid Fund?

Exchange Traded Fund(ETF)

Equity Savings

Focussed Funds

Equity Linked Savings Scheme(ELSS)

Diversified Equity MF are funds that can invest in the broad equity markets

True

False

How are the changes to the content in an offer document communicated to the investors?

By a Addendum

By a circular

By letters to all investors

No need to inform the change in content

The face value of fund is Rs 10 and the NAV of the fund is Rs.75 The unit capital of a mutual fund is Rs.20 lakhs. Calculate the numbder of outstanding units

150000

200000

26666.66

100000

The_____determines the time it takes for the funds to move out of the prayers account of the benificiary.

Efficiency of the staff

Bank

R&T

Clearing process

Who send the SOA to investors on behalf of MF?

AMC

Stock exchange

R&T Agent

The bank of the mutual fund

If there are material change than the scheme Information Document(SID) has to revised accordingly every three months to show the change

True

False

Equity shareholders receive profits of the company in the form of

Capital Appreciation

Dividends

Bonus share

Rights Issue

A change request in the authorized signatories of an Institutional investors has to be accompained by which of the following?

All the option

Copy of article of association

Copy of memorandom of association

Copy of BOD resolution authorising the change

The corporate of a bond can very every day but its current yield is always fixed.

True

False

Foreign currency convertable bond (FCCB) and bonds issued by Indian Companies and subscribed to by a non-resident in foreign currency.

True

False

A company may issue additional share to existing share holders without any capital contribution from the shareholders based on the number of shares an investors hold. This is known as ______

Debenture issue

Rights issue

Bonus issue

Preferential issue

The rights share are affered to the existing investors in a proportion as approved by the __

Board of Directors

SEBI

Chairman/MD of the company

Company secretary

Once a new fund offer closes, the No transaction period is normally of _____days

Redemption Proceeds from MF Scheme are received through which of the following?

Cash

Cheques

Bank transfers (or) cheque only

Bank transfers

In the contest of segregated portfolio credit events is defined as

A sizeable loan taken by the company

Re-rating of the debt instrument by a rating agency

Date of payment of principal amount and the interest for a debt instrument held in a segregated portfolio

Downgrade of a debt instrument below investment grade by SEBI registered credit Rating Agency

What happens when shares are consolidated

It reduce the no. Of outstanding shares

It reduce the dividend received on each share

Consolidation is only allowed for preference share

It brings down the par value of the share

Whose approval has to be obtained by the sponsor to appoint the trustee?

RBI

AMFI

Finance Ministry

SEBI

How can stock exchange its Bye-law?

With prior approval of RBI

By simply informing SEBI

With the prior approval of SEBI

With the prior approval of High-court of the state based in

_____ Contribute the initial fund which is required to start and run abusiness

Bank

Domestic Financial Institution

Promoters

Government of india

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