Practice Set - 1 | Practice Set | NISM Series V-A: Mutual Fund Distributors Certification Examination

Question 1

A good mutual fund distributor should primarily build:

Question 2

Who must follow due diligence before empanelling distributors?

Question 3

Which regulator protects investors in the securities market?

Question 4

SEBI regulates mutual funds under:

Question 5

The full form of SEBI is:

Question 6

Which regulatory body is the main regulator of mutual funds in India?

Question 7

Which statement is correct?

Question 8

SEBI discourages mis-selling because it harms:

Question 9

The first step before filing complaint on SCORES is usually:

Question 10

The main purpose of SEBI is to:

Question 11

Investor complaints related to mutual funds can be filed first with:

Question 12

A distributor must disclose commissions to:

Question 13

AMFI stands for:

Question 14

A mutual fund distributor should avoid:

Question 15

SCORES is mainly used for:

Question 16

Mis-selling means:

Question 17

Before launching a mutual fund, registration is required from:

Question 18

If the complaint is not resolved by AMC, investors may approach:

Question 19

Which code guides ethical behavior of mutual fund intermediaries?

Question 20

Who ensures mutual fund advertisements are fair and not misleading?

Question 21

The full form of SCORES is:

Question 22

AMFI mainly works as:

Question 23

The purpose of due diligence for distributors is mainly to:

Question 24

Investor grievance redressal means:

Question 25

A distributor should recommend products based on:

Question 26

A distributor promising fixed return in equity mutual funds is an example of:

Question 27

Which of the following is NOT regulated by SEBI?

Question 28

Which of these supports fair selling practices?

Question 29

Which body issues the code of conduct for intermediaries?

Question 30

Practice Set - 1