MFD Exam questions 1. Who is responsible for OD SEBI, AMC, AMFI, Trustees 2.

Risk Apetitte is more when there are dependent members. True or False

3. Who is eligible to invest is specified in KIM, SID, SAI, Trust Deed 4. ETFs are based on Market Index. True or False

5. Investors can sue the Trustees. True or False

6. SEBI does not allow to pay commission to Brokers, Investors, Banks, Sponsored Distributors.

7. In Liquid Schemes Investors submits an application with local cheque at 3.30 p.m. The applicable NAV would be Closing Closing Closing Closing NAV NAV NAV NAV of of of of the day, Day preceding next business day, next business day, day the cheque / DD is credited in the bank account

8. Childhood stage in Life Cycle and Transition stage in Wealth Cycle are same. True or False

9. If the margin is 8% what would be the exposure 80 times, 40 times, 92%, none 10.Maximum expenses can be charged to the scheme by Debt Fund. 2.50 %, 1.75%, 2.25%, 0.75% 11.It is not a ranking agency for Mutual Fund Value Research, CRISIL, Morning Star,

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12.Share Certificate is a physical asset and when converted into a Demat, it is financial asset. True or False

13.It is a condensed form of Offer Document KIM, SAI, SID, Trust Deed 14.A Trust is compulsorily to have beneficiaries. True or False.

15.MIP is a Debt fund. True or False

16.Securities are held with R&T, Banks, Custodians, AMC 17.SEBI Regulations Code of Conduct for AMCs and Trustees is specified in SEBI Schedule Five,

Schedule Four, 15(18a) Schedule, Sechedule 7

18.Mutual Funds can invest in unlisted securities upto 15%, 5%, cannot invest at all, none of the above 19.State of Account to be sent to the investor on closure of NFO within 5 days, 10 days, 30 days, 12 days

20.Unclaimed amount of the scheme to be disclosed in the Annual Report of the AMC. True or False.

21.While launching NFO, CIO has no role to play. True or False.

22.Comprehensive Financial Planning is only for 5 years. True or False

23.Investment Portfolio is valued at Market Price, Book Value, Face Value, P/E 24.Responsibility of Settlement for the transactions done through Stock Exchange is with Clearing House, R & T, Bank, AMC 25.An investor submits an application with the Distributor at 11.00 a.m. The distributor submits the same to the ISC at 12.30 p.m. What should be the time stamp on the application. 11.00 a.m. 12.30 p.m. 2.30 p.m. 3.00 p.m.