Practice Set - 2 | Practice Set | NISM Series V-A: Mutual Fund Distributors Certification Examination

Question 1

Which type of mutual fund allows investors to enter and exit anytime after NFO?

Question 2

A major limitation of mutual funds is:

Question 3

Mutual funds are suitable for small investors because:

Question 4

Passive funds are also known as:

Question 5

Who manages the investments of a mutual fund scheme?

Question 6

What is the basic concept of a mutual fund?

Question 7

The ownership of investors in a mutual fund scheme is represented through:

Question 8

A Focused Fund can invest in a maximum of:

Question 9

Running costs of passive funds are usually lower because:

Question 10

ETFs are traded like:

Question 11

Interval funds combine features of:

Question 12

Which of the following is a major advantage of mutual funds?

Question 13

Why are close-ended schemes listed on stock exchanges?

Question 14

A Sectoral Fund mainly invests in:

Question 15

In close-ended funds, post-NFO transactions happen between:

Question 16

Actively managed funds are those where:

Question 17

Mid-cap companies are defined as:

Question 18

A close-ended fund has:

Question 19

Small-cap companies are classified as:

Question 20

Most ETFs are generally:

Question 21

Which statement is true about mutual fund returns?

Question 22

Choice overload in mutual funds refers to:

Question 23

SEBI introduced categorization of mutual funds mainly to:

Question 24

A Large Cap Fund must invest at least how much in large-cap companies?

Question 25

A Multi Cap Fund must invest minimum how much in each of large-cap, mid-cap and small-cap companies?

Question 26

The period when an interval fund allows buying and redemption is called:

Question 27

Classification by investment universe includes:

Question 28

Investors can purchase units directly from the fund in a close-ended scheme:

Question 29

Diversification in mutual funds helps mainly by:

Question 30

Practice Set - 2