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

Question 1

What determines the number of units allotted to an investor?

Question 2

What is STP in mutual funds?

Question 3

SWP allows investors to:

Question 4

Is nomination facility available in mutual funds?

Question 5

Why is KYC important from a regulatory perspective?

Question 6

What is the primary purpose of a New Fund Offer (NFO) in mutual funds?

Question 7

Which investor service improves transparency?

Question 8

Which service helps investors track holdings digitally?

Question 9

Cut-off time in mutual funds is important for determining:

Question 10

Unclaimed mutual fund amounts are:

Question 11

Logical: If NAV increases, number of units:

Question 12

Which factor determines NAV applicability logically?

Question 13

If an investor submits before cut-off but funds come late, what NAV applies?

Question 14

KYC stands for:

Question 15

Which is a financial transaction?

Question 16

Which transaction does NOT involve money movement?

Question 17

If funds are not realized on time, NAV applied will be:

Question 18

Why are turnaround times important?

Question 19

Which plan is best for regular income post-retirement?

Question 20

Which action improves investor protection most?

Question 21

Why is debit freeze useful in fraud scenarios?

Question 22

Why is time stamping critical in high-volume transactions?

Question 23

What does SIP help investors achieve?

Question 24

Time stamping ensures:

Question 25

Which risk is reduced by systematic transactions?

Question 26

Which document provides details of mutual fund transactions and holdings?

Question 27

For liquid funds, NAV is applied based on:

Question 28

Turnaround time refers to:

Question 29

What is the purpose of debit freeze facility?

Question 30

If investor delays updating KYC, what happens?

Question 31

At what price are units generally offered during an NFO?

Question 32

Which scenario will get next day's NAV?

Question 33

Is KYC mandatory for mutual fund investments?

Question 34

Which of the following is a systematic investment method?

Question 35

Practice Set - 1