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

a. The AMC is reconstituted
b. Entry or exit loads are changed
c. The scheme's NAV modifications
d. New plans are added to existing schemes

16. Standard risk reactors are the ones
a. Which are uniformly applicable for any mutual fund scheme
b. Different for various schemes
c. Which are made by a "standards" committee
d. None of the above

17. The offer document containing the details of a new scheme is 1st registered with the
a. AMFI
b. SEBI
c. Bombay Stock Exchange
d. Ministry of Finance

18. A scheme's policy on dividends and distribution
a. Is decided by the fund manager as per the market outlook
b. Can be changed to suit the requirements of the AMC
c. Need not be consistent
d. Should be disclosed at the time of initial launch

19. The subsequent need not be covered in a Key info Memorandum
a. Risk Factors
b. Opening and earliest closing date of the initial offer
c. Disclaimer clause
d. Functions and responsibilities of the sponsor, trustees, AMC and Custodian responsibilities

20. The subsequent are not termed as "sales practices"
a. Agents commission
b. Before-and after-sales service to investors
c. Advertising of schemes
d. Stock broking

21. Which of the subsequent sales practices is prescribed by regulation
a. AMFI Code of Ethics
b. SEBI Advertising
c. AMFI's Code for Agents
d. None of the above

22. Which of the subsequent document, a Mutual Fund distributor needs to refer to obtain out eligible category of investors in a particular Mutual Fund Scheme
a. SEBI Regulations Manual
b. AMFI booklet
c. Offer document
d. RBI Guidelines

23. Which of the subsequent is not actual
a. Companies can invest in mutual fund schemes
b. Registered societies can invest in mutual fund schemes
c. NRI can not invest in mutual fund
d. HUF can invest in mutual fund

24. Listed equity shares are to be valued at
a. The avg. price of the share in NSE
b. The least price of the day in BSE
c. Cost price or current market price whichever is lower
d. The last traded price in the stock exchange where the security is principally traded


25. As per SEBI (Mutual Fund) Regulations, 1996 an asset shall be classified as NPA if
a. Interest warrant bounces twice
b. The issuer refuses to repay interest

Earning:   Approval pending.