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

Q1 Capital Employed is equal to _________. [ two Marks ]
(a) Fixed Assets + Current Assets +Current Liabilities
(b) Fixed Assets + Current Assets - Current Liabilities
(c) Fixed Assets - Current Assets + Current Liabilities
(d) Fixed Assets - Current Assets - Current Liabilities
(e) I am not attempting the ques.

Q2 If a client buys shares worth Rs. 2,55,000 and sells shares worth Rs. 3,45,000 through a broker, then the maximum brokerage payable to the broker is _____________. [ two Marks ]
(a) Rs. 20000 (b) Rs. 15000 (c) Rs. 25000 (d) Rs. 10000 (e) I am not attempting the ques.

Q3 Return on Total Asset is equal to __________. [ two Marks ]
(a) Gross Income/Average Total Asset
(b) avg. total asset/Gross Income
(c) Return on Equity/Average total Asset
(d) Net income /Average Total Asset
(e) I am not attempting the ques.

Q4 Which of the subsequent is a benefit of participation in a depository? [ one Mark ]
(a) No stamp duty on transfer of securities.
(b) Elimination of risks associated with physical certificates such as bad delivery, fake securities,etc.
(c) Nomination facility.
(d) All of the above
(e) I am not attempting the ques.

Q5 The benchmark stock market index of India is ________. [ one Mark ]
(a) Dow Jones (b) Nikkei 225 (c) S&P 500 (d) the Nifty (e) I am not attempting the ques.

Q6 Which of the subsequent is not actual about offer of shares through normal public issue? [ two Marks
(a) In normal Public issue, investors bid for shares at the floor price or above and after the closure of the process the price is determined for allotment of shares.
(b) In case of the normal public problem the demand for an problem is known at the close of the problem.
(c) In case of offer of shares through normal public problem price at which securities will be allotted is known to an investor in advance .
(d) None of the above
(e) I am not attempting the ques.

Q7 At 8% annual inflation rate, an item costing Rs. 100 today, would cost Rs. _______ after 1 year. [ three Marks ]
(a) Rs. 108 (b) Rs. 118 (c) Rs. 208 (d) Rs. 98 (e) I am not attempting the ques.

Q8 At 6% annual inflation rate, an item costing Rs. 100 today, would cost Rs. _______ after 2 years. [ three Marks ]
(a) Rs. 224 (b) Rs. 112.36 (c) Rs. 122.46 (d) Rs. 124.30 (e) I am not attempting the ques.

Earning:   Approval pending.