Quiz On Association Of Mutual Funds In India!

12 Questions | Total Attempts: 2393

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Quiz On Association Of Mutual Funds In India! - Quiz

Quiz on association of mutual funds in India! It is not possible for everyone to invest in every portfolio as some might be out of reach and this is where mutual funds come in. Investors are able to pool their finances together and invest in a collection of securities. Most mutual firms in the associations are also investors in the mutual funds market in India and they aim to ensure that the trade is regulated.


Questions and Answers
  • 1. 
    A close-ended mutual fund has a fixed:
    • A. 

      NAV

    • B. 

      Fund size

    • C. 

      Rate of return

    • D. 

      . number of distributors

  • 2. 
    An investor in a close-ended mutual fund can get his/her money back by selling his/her units.
    • A. 

      Back to the fund

    • B. 

      To a special trust at NAV

    • C. 

      On a stock exchange where the fund is listed

    • D. 

      To the agent through which he/she subscribed to the units of the fund

  • 3. 
    The "load" charged to an investor in a mutual fund is 
    • A. 

      Entry fee

    • B. 

      Cost of the paper on which the unit certificates are printed

    • C. 

      The fee the agent charges to the investor

    • D. 

      The expenses incurred by fund managers for marketing a mutual fund scheme

  • 4. 
    "Load" cannot be recovered.
    • A. 

      At the time of the investor's entry into the fund

    • B. 

      As a fixed amount each year

    • C. 

      At the time the investor exits the fund

    • D. 

      From the fund's distribution agent

  • 5. 
    The NAV of each scheme should be updated on AMFI's website.
    • A. 

      Every quarter

    • B. 

      Every month

    • C. 

      Every hour

    • D. 

      Every day

  • 6. 
    Debt funds target
    • A. 

      Low risk and stable income

    • B. 

      Protection of principal

    • C. 

      High growth with risk

    • D. 

      Long term capital appreciation

  • 7. 
    In which of the following do debt funds not invest.
    • A. 

      Government debt instruments

    • B. 

      Corporate paper

    • C. 

      Financial institutions' bonds

    • D. 

      Equity of private companies

  • 8. 
    Assured return or guaranteed monthly income plans are essential.
    • A. 

      Hybrid funds

    • B. 

      Growth Funds

    • C. 

      Debt/Income funds

    • D. 

      Sector funds

  • 9. 
    If fresh litigation cases or adjudication proceedings are referred by SEBI against the fund sponsors or a company associated with the sponsors, then the offer document needs to be revised.
    • A. 

      True

    • B. 

      False

  • 10. 
    The offer document need not be revised if the management or the controlling interest in the AMC change.
    • A. 

      True

    • B. 

      False

  • 11. 
    An AMC cannot explain adverse variations between expense estimates for the scheme on offer and actual expenses for past schemes in
    • A. 

      Financial newspapers

    • B. 

      Business channels on TV

    • C. 

      The offer document

    • D. 

      AMFI newsletter

  • 12. 
    The offer document and key information memorandum contain financial information for
    • A. 

      All schemes of all mutual funds in the capital market

    • B. 

      All schemes launched by the particular fund during the last 3 fiscal years

    • C. 

      None of the schemes

    • D. 

      Companies in which investment is proposed

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