Association of Mutual Funds in India (AMFI) 2008 AMFI Mutual Fund Basic Module Model Mock Test B - Question Paper

14 . To transfer the management of a scheme from 1 AMC to another, the consent of the subsequent is needed
a.SEBI
b.Unit holders
c.Both SEBI and unit holders
d.None of the above

15 . A close-ended scheme of a mutual fund is not governed by
a.Exchange Rules of the stock exchange where it is listed
b.Listing Agreement ranging from the fund and the stock exchange
c.Guidelines issued by the Ministry of Commerce
d.Companies Act provisions relating to transactions in securities

16 . The "Capital" of a scheme does not include
a.Unit capital
b.Reserves
c.Borrowing
d.Net worth of the AMC

17 . Unit holders of a mutual fund scheme do not have a right to
a.Proportionate ownership of the scheme's assets
b. Dividend declared for that scheme
c.Dividend declared for other schemes of the mutual funds*
d.Income declared under that scheme

18 . The responsibilities of a unit-holder do not include:
a.Monitor his investments carefully
b. Being aware of info that affects his investment in a major way
c.Carefully studying the offer document
d.Taking decisions about where the fund managers should invest*

19 . After closures of the initial offer an open-ended scheme, on going sales and repurchases must begin within
a.One week
b. 30 days*
c.45 days
d.180 days

20 . The offer document
a.Contains the terms of issue*
b. provide no info relevant for making an investment decision
c.Is not the operating document describing the scheme
d.Cannot be called a reference document

21 . Which of the subsequent is not actual for offer documents of open-ended schemes
a.It is 1st issued at the time the scheme is launched
b.It is registered with SEBI
c.It has to be revised periodically
d.It need not be revised at all

22 . A passive fund manager
a.Researches stocks extensively
b.Does not buy and sell stocks often
c.Does not have to go through the process of stock selection
d.Does not have to track stocks

23 . Which of the subsequent is not considered for tech. analysis
a.Historical data on the company's share price
b. The company share's trading quantity
c.Current market sentiment
d.The company's regulatory environment*

24 . Equity derivative instruments are
a.Shares
b.Bonds
c.Contracts
d.Notes

25 . Certificates of Deposits (CD’s) are issued by
a.Regional Rural Banks
b.Corporates
c.Scheduled commercial banks
d.None of the above

26 . Coupon of a debt security refers to

Earning:   Approval pending.