Which amongst the following asset categories can also be purchased for consumption purposes apart from an investment?

The purchasing power of currency changes on account of which of the following?

What is the real rate of return?

When the interest rate in the economy increases, the price of existing bonds __________.

__________ indicates how much money can be generated per unit of mutual fund in case the scheme is liquidated.

Each mutual fund scheme must have a stated investment objective. State whether True or False.

Which of the following is an advantage of mutual funds?

The transparency levels in mutual funds are very low. State whether True or False.

Which amongst the following categories of mutual funds have a fixed maturity date?

Mutual funds are constituted as ‘Trusts’ in India. Who are the beneficiaries of the trust?

Who handles the day-to-day management of the mutual fund?

Whose job is it to track the various corporate actions like a bonus, dividend, or rights issues in companies where the mutual fund scheme has invested?

Registrar and Transfer Agency function must be independent of the Asset Management Company, and it cannot be retained in-house. State whether this statement is True or False.

With which agency are the mutual fund distributors registered?

Which of the following regulates mutual funds in India?

Mutual funds can buy and sell securities only on delivery basis. State whether this statement is True or False.

What minimum percentage of the mutual fund scheme corpus must be invested in equity and related instruments in the case of Equity Linked Savings Schemes (ELSS)?

Which of the following statements is ‘True’ with respect to celebrity endorsement for mutual funds?

Investors have the right to specify up to __________ investment folios.

“Please read the scheme related documents carefully” – which documents does this line refer to?

Which of the following statements is ‘TRUE’ with respect to the Scheme Information Document (SID) and Statement of Additional Information (SAI)?

How often should the Key Information Memorandum (KIM) be updated?

As per the SEBI guidelines, how often should the mutual fund scheme’s portfolio be published?

Which among the following is not a statutory document?

Only individuals are allowed to distribute mutual funds in India. State whether True or False.

Mutual Fund Distributors Certification Examination offered by __________ is required for becoming a mutual fund distributor.

In what form do mutual fund distributors earn revenue?

Mutual fund distributors can only earn upfront commission from the mutual funds. State whether True or False.

Mutual fund distributors earn no commission when the investor chooses to invest in “direct” plans. State whether True or False.

As per the fair valuation principles laid out by SEBI, it is mandatory to disclose the valuation policy in __________.

Investors have bought 20 crore units of a mutual fund scheme at Rs. 10 each. The scheme has thus mobilized 20 crore units X Rs. 10 per unit i.e., Rs 200 crore. An amount of Rs. 140 crore is invested in equities. The balance amount of Rs 60 crore, mobilized from investors, was placed in bank deposits. Interest and dividend receivable (accrued but yet not received) by the scheme is Rs 8 crore, scheme expenses payable (accrued but not paid yet) is Rs 4 crore. Calculate the scheme’s NAV per unit.

What is the maximum Total Expense Ratio chargeable in case of index funds?

In case of mutual fund schemes, dividends can be paid only out of __________.

Mutual funds are allowed to charge differential exit loads based on the amount of investment.

What is the tax applicable on the income earned by the mutual fund schemes?

Redemption from which of the following mutual fund schemes would attract Securities Transaction Tax (STT) for an investor?

In the non-equity-oriented funds, the rate of long-term capital gains tax is __________.

In case of capital gainsfrom mutualfund investments, Tax Deduction at Source (TDS) is applicable for: __________

The Income Tax Act allows setting-off of the short-term capital loss against long term capital gains. State whether True or False.

What term is used to describe the Net Asset Value (NAV) of the scheme after the dividend is paid out (Remember the NAV would have dropped to the extent of the dividend paid)?

At what price are the bonus units issued to the unitholder?

Which of the following statements is True?

Whose KYC needs to be completed in case of an application by a minor?

How many (maximum) bank accounts can a resident individual investor register with a mutual fund folio?

Government securities can be considered to be completely risk-free. State whether True or False.

Unsystematic risk can be reduced through diversification. State whether True or False.

Which of the following type of analysis tracks the price and volume data related to trading in the security?

An investor invested in scheme A when the scheme’s NAV was Rs. 120 per unit. The investor redeemed the investments at the NAV of Rs. 135. Calculate the simple return.

Which of the following is a measure of fluctuation in periodic returns in an equity mutual fund scheme?

‘Once itisfinalized, a mutualfund scheme’s benchmark cannot be changed at a later date.’ State whether the statement is True or False.

Which amongst the following is a measure of risk-adjusted returns of mutual fund scheme?

Which of the following cannot be considered for the purpose of selecting a scheme’s benchmark?

__________ takes into account all dividends generated from the basket of constituents that make up the index in addition to the capital gains.

Which is the most appropriate measure of evaluating how closely an index fund is tracking its benchmark?

Which of the following scheme categories would be considered the least risky in terms of credit risk?

For an investor to get a quick sense of the level of risk involved in a mutual fund scheme, SEBIsuggested a simplified framework known as __________.

Passive funds are safe, as the NAV of such funds do not go down even when the respective markets fall. State whether this is True or False.

Which among the following schemes would have lower risk of concentration?

__________ are close-ended debt funds.