AMFI Mock Test: For NISM Mutual Fund Distributors Exam Preparation

AMFI Mock Test

Welcome to your AMFI Mock Test: NISM Mutual Fund Distributor Certification Exam

1.

What is mutual fund ?

2.

Which type of mutual fund units are listed on stock exchange ?

3.

Which of the following is not a Mutual Fund Scheme type ?

4.

What is ETF ?

5.

An investor wish to switch his equity funds to money market, what would be your advice to him ?

6.

High portfolio turnover of the fund result in

7.

Money Market Mutual Fund invests in ?

8.

Running a equity mutual fund requires

9.

Yield-to-maturity of a debt fund's portfolio is more important when the investment objective is

10.

A fund's declared NAV does not include loads

11.

Who is best placed to advise investor on his overall financial situation

12.

Mutual Fund objective is determined by ?

13.

What is legal structure of Mutual Fund

14.

Assets of Mutual Funds are held by ?

15.

What should be the minimum net worth required to form AMC ?

16.

Within how many days of dividend declaration, warrants will have to be sent to investors

17.

SEBI Regulates which of the following

18.

Which is not a type of Scheme

19.

Which type of fund has moderate risk

20.

Key items of KIM 

21.

Dividend warrants shall be despatched within

22.

How many Unit holders of a Scheme can pass a resolution to wind- up a Scheme.

23.

What is the benchmark for Long Term Debt Schemes

24.

Trail commission is linked to NAV based portfolio value

25.

Institutional Distributors reach includes

26.

Amit has 2500 Units of a scheme which is valued at 5 lakhs: Calculate NAV

27.

Dividend per share to current market price is ?

28.

How is PE ratio (Price to Earnings is calculated) ?

29.

What are called as liquid stocks

30.

The accounting policies of a fund should be in accordance with

31.

It is compulsory to use fund agents/intermediaries for investing MFs

32.

Which section of the society need more advice on investing in Mutual Funds

33.

How fund distribution expenses are covered

34.

Trail commission means paying

35.

Fund Sponsor's share of contribution is

36.

What indicates the expected trends in interest rates ?

37.

If 10-year government securities Yield 9% and a 10-Year fixed deposit in a company yields 11%, the yield spread is

38.

Bond with a coupon of 10% when interest rates for similar maturities are 13% will sell at

39.

Foreign exchange rate fluctuations have no impact on Interest rates

40.

If the NAV of an open-ended fund was Rs.8 at the beginning of the year and Rs.15 after 13 months, the annualised change in NAV is

41.

Fund expense ratio depends on

42.

Calculate NAV : Value of stocks is Rs 200 Cr and Fees Payable is Rs 2 Cr with Number of Units Outstanding are 5.15 Cr.

43.

Income funds NAV is calculated upto how many decimals

44.

Providing Funds for Son's new Motor Bike is

45.

How much you need to buy 500 units of a scheme having an entry load of 1% and NAV of Rs.14 ?

46.

Gilt Fund Invests only in ?

47.

Which of the following is true in automatic reinvestment plan?

48.

NAVs of equity funds are affected by

49.

Which of the following is an equity instrument

50.

Market capitalisation of a company is calculated by multiplying the number of outstanding shares by


 

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NISM Series : Mutual Fund Distributors Certification Examination: Mock Test

Dear Candidate,

1. This is a Mock Help prepare for Examination of NISM-Series:Mutual Fund Distributors Certification Examination.

2. This mock test has 50 questions of 1 marks each to be completed in 60 minutes.

3. There is no negative marking in this mock test

4. The passing score on the examination is 50% which is a good sign

5. This mock examination is only to give the candidates an experience of NISM testing system and does not claim to be 100% correct.

6. Please note that passing this mock test would not make you eligible for claiming a certificate for NISM-Series: Mutual Fund Distributor Certification Examination, this test however is to help you prepare well and test your knowledge on NISM Mutual Fund Distribution Exam.

We wish you all the best for your examination!

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