Nism

An engaging illustration of finance-related concepts, featuring mutual funds, investment strategies, and financial growth symbols in a colorful, professional style.

NISM Quiz Challenge

Test your knowledge with our in-depth NISM quiz! Perfect for finance enthusiasts and professionals looking to assess their understanding of mutual funds and investment concepts.

Key Highlights:

  • Multiple choice questions covering a range of topics.
  • Gain insights into investment fundamentals.
  • Perfect for preparation for certifications.
25 Questions6 MinutesCreated by AnalyzingInvestor42
The Synopsis of Offer Document is
KIM
SID
SAI
None of these
Under the Deposit Insurance Scheme of the govt, upto Rs ___ per depositor in a bank is paid by the insurer, incase the bank fails to pay the depositor#39s money.
2 lakhs
1 lakh
5 lakhs
Nothing
Tier I pension account is withdrawable
True
False
Trail commission is calculated by the investor as per the service provided by the distributor
True
False
Units from an open-ended mutual fund are bought
On a stock exchange
From the fund itself
From AMFI
From a stock broker
The assets of the mutual fund are held by
AMCnbsp
AMCnbsp
Custodian
Registrar
What is best description of a statement of additional information (SAI)?
A document offering its scheme to the public for investing
It is a part of SID
A supplementary document that contains additional information about the fund and includes further disclosure regarding its operation
.None of the above
What is the minimum amount to be invested in an SIP?
500
100
5000
10000
When an agent purchases, offers or sells units, ensuring compliance with applicable regulations is the responsibility of
The fund
The agent
AMFI
SEBI
Where does global fund invests?
Outside home country
Outside international borders
Home country
Anywhere around the world including home country
Which fund type does not have active management
Diversified Large Cap Funds
.Index Funds
Midcap Funds
Depends upon the fund type
Which of the following are true ?
It’s the duty of the client to set mearsurable financial goals
It’s the financial planners duty to set mearsurable financial goals for his clients
Both the clients and financial planners should together set mearsurable financial goals
None of the above
Which of the following informations cannot be included in a tombstone advertisement?
Logo or trademark
Name of AMC
.Entry and/ or exit loads
.Declaration of NAV
Which of the following is not a commodity
Food crops
Gold
Beef
Art
Which of the following is untrue for Public Provident Fund Schemes
The interest is tax-free
.Post-tax returns are attractive
Liquidity is rather low
None of the above
Which of the following statement is Incorrect for the Dividend yield?
.It tends to go down across stocks in a bull market
Dividend yield is considered as a parameter by moderate risk taker investors
It tends to go up in a bear market.
.None of the above
Which of the following was the earliest PSB mutual fund, in India
PNB
Canbank
SBI
BoB
Which of this statement about balanced fund is true ?
Balanced fund is exactly 50% equity and 50% debt
Balanced fund is exactly 40% equity and 60% debt
Balanced fund is rarely exactly 50% equity and 50% debt
Balanced fund is exactly 60% equity and 40% debt
Which type of fund invests in debt securities with very short maturities ?
Certified fund
Money market mutual fund
.Index fund
Balanced fund
Who cannot act as a distributor
AMC employees
Sponsor
Associate group of Sponsor
.Distributotor
Who regulates mutual funds in India?
SEBI
RBI
CBDT
RERA
XYZ mutual fund wants to make a change in the fundamental attributes of a existing fund. Which of the following option it can provide to its unit holders?
The Unit holders are given an option for a period of 20 days to exit at the prevailing Net Asset Value
.The Unit holders are given an option for a period of 30 days to exit at the prevailing Net Asset Value with exit load.
The Unit holders are given an option for a period of 45 days to exit at the prevailing Net Asset Value without any exit load.
The Unit holders are given an option for a period of 30 days to exit at the prevailing Net Asset Value without any exit load.
___ is not a credit rating agency
ONICRAnbsp;
CDSL
ICRA
Crisil
___are known as excludable goods
Merit Goods
Demerit Goods
Public Goods
Private Goods
A company whose earnings are strongly related to the state of economy is known as
Economy stocks
.Cyclical Stocks
Value Stocks
.Growth stocks
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