Association of Mutual Funds in India (AMFI) 2008 AMFI Mutual Fund Basic Module Model Mock Test - exam paper

d. Both a & b above


39. An owner of preference shares is provided which of the subsequent rights
a. Voting rights
b. Fixed dividend income from post-tax profits
c. Voting rights and unlimited dividend income
d. No guaranteed rights

40. Market capitalisation of a company is computed by multiplying the number of outstanding shares by
a. Rs.10
b. Face value of every share
c. Current market value of every share
d. Dividend yield

41. Shares of companies with large capital market capitalisation
a. Have greater growth potential
b. Are more liquid
c. Are not available
d. None of the above

42. In case of a fund scheme merger or take-over
a. High court approval may not be necessary
b. SEBI approval is a must
c. All unit holders must be informed
d. All of the above

43. What is the statistics used in validitating Beta?
a. Standard deviation
b. Beta
c. Ex-marks
d. Sharpe ratio

44. As a financial planner, which of the subsequent would you suggest for a person who can take a moderate risk
a. Aggressive growth fund
b. Aggressive equity fund
c. Diversified equity fund
d. Sectoral fund

45. A growth fund manager would apply the subsequent strategies:
a. Invest in those companies that would provide more returns than the avg. returns in the industry.
b. Invest in companies having a large equity base.
c. Invest in companies coming out with new “Initial public offers’
d. All of the above

46. An active style of portfolio management includes the following:
a. Application of ‘Systematic transfer plan’ in different schemes of a fund.
b. Undertake macroeconomic analysis to determine profitable investment patterns.
c. Invest in companies with high market capitalization
d. All of the above.

47. What would be the maximum initial problem expenses charged from the investors, if the amount mobilized from a mutual fund NFO is Rs. 50 crore.
a. Rs. five crore
b. Rs. two crore
c. Rs. three crore
d. Rs. one crore

48. When interest rates for similar maturities bonds are 11.5%, bond with a 8% coupon rate will become:
a. More attractive
b. Less attractive
c. At par
d. The price is unrelated to the interest rates for similar securities.

49. What would be a suitable benchmark to evaluate a closed-end debt fund?
a. BSE Sensex
b. I-sec’s Si-bex
c. Crisil Composite Bond Fund Index

Earning:   Approval pending.