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

24 . If the AMC is managing a fund for the 1st time, this info can be obtained in
a. newsprints
b. SEBI
c. AMFI Newsletter
d. Offer document

25 . Emerging or new channel for distributors/marketing or Mutual Fund in India is
a. Insurance Companies
b. Banks
c. Qualified Mutual Fund agents
d. Direct Sales agents of respective mutual funds

26 . The biggest disadvantage of the investment in the real estate is
a. Less potential for the capital appreciation
b. High purchase price
c. Depreciation in the value as the time passes.
d. Value gets eroded due to inflation.

27 . The annual yield on RBI Relief bond is
b. 9.5% before tax
c. 8.5% before tax
d. 8.5% after tax

28 . Which of the subsequent is not a form of equity research
a. Fundamental Analysis
b. tech. Analysis
c. Quantitative Analysis
d. info Analysis.

29 . Distribution tax should be taken into account when computing net returns from
a. Equity fund
b. Debt fund
c. Both
d. NONE

30 . The evaluation norm for non-investment grade, performing assets is done:
a. On YTM basis using the CRISIL evaluation methodology
b. On YTM basis with 25% discount
c. At 25% discount to the face value.
d. At face value.

31 . What does AMFI stands for?
a. Association of Mutual Funds in India
b. Association of Market Federation of India
c. Association of Money Funds in India
d. Association of Money Federation of India

32 . Tracking fault is
a. fault in calculating the NAV
b. fault in Portfolio Allocation
c. A index Funds true Return/Loss
d. fault due to practical difficulties

33 . Unit capital of a MF scheme is Rs 20 million; the market value of the investments is Rs 55 million. The No of units are! Million. The NAV is
a. Rs 20
b. Rs 75
c. Rs 55
d. Not possible to say.

34 . The current market price of a 9% coupon bond when other bonds of similar maturities pay 11% will be
a. Above Par
b. beneath par
c. At Par
d. Will be unrelated to other bonds.

35 . Which of the subsequent portfolio is most risky?
a. 75% equity-25 % Debt
b. 40 %equity-60% debt.

Earning:   Approval pending.