NISM Mock Test For Mutual Fund – Part 9 | NISM V A

This is Part 9 of our Premium NISM Mock test for NISM V A.

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Click here to Start : Part 10 of Premium NISM Mock Test of NISM V A

 

#1. An investors invest Rs. 1 crore in Sector fund. what would be the applicable NAV for allotments of units? If application is time stamped at 1:30 pm and funds available with mutual funds at 2 pm.

#2. An investors invest Rs. 1.4 crore in Liquid fund. what would be the applicable NAV for allotments of units? If application is time stamped at 1:30 pm and funds available with mutual funds at 3:30 pm.

#3. Rohan invest Rs. 1.5 crore in Liquid fund. what would be the applicable NAV for allotments of units? If application is time stamped at 1:30 pm and funds available with mutual funds at 3 pm.

#4. Shruti mohan invest Rs. 1.5 crore in Liquid fund. what would be the applicable NAV for allotments of units? If application is time stamped at 3 pm and funds available with mutual funds at 3:30 pm.

#5. SEBI's Advertising code are created for R&T Agents

SEBI’s Advertising code provisions are for Mutual funds.

#6. Who settles all the transactions on the behalf of Mutual Fund schemes?

As shares are in the custody of Custodian,

settlement of all the transactions on the behalf of Mutual Fund scheme is done by Custodian

#7. For the purchase and sale transactions of the various schemes of the mutual fund

#8. Interval fund has features of

Interval fund is combination of both open ended schemes and close ended schemes.

As in Interval fund most of the time it is close ended fund but in certain intervals it becomes open ended so that people can withdraw money.

#9. All transactions of purchase and sale of shares by Fund manager shall be disclosed to

To prevent front running and insider trading,

SEBI prescribed Compliance officer to get information from key personnel of schemes about the shares they buy and sold.

It is compulsory for key personnel(Fund Manager) to shares these information with compliance officer on half yearly basis.

The compliance officer verify these information if he saw any problem in it then he issued show cause notice.

#10. Shares held in physical form can be considered as physical asset

Shares both in physical and demat form can’t be considered as physical asset.

This is the advantage of investing in shares rather than  buying physical Gold.

As gold is physical asset it can get stolen.

But if share certificate is stolen then u can get it back from R&T Agent’s office.

#11. Investor reaches their peak of earning capacity at which phase

Obviously, Investor reach the highest earning capacity in pre-retirement stage.

 

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Other Certifications:

Please keep this in mind the below paragraph is not related to NISM VA. This is only written to aware you about other certification other then NISM. If you are not interested, ignore reading this and click NEXT to continue solving Part 10 of Nism VA mock test.

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  • Treasury Managers
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