Practice Test (Finance)
| Description: AMFI MOCK TEST PAPER PREPARATION AND PRACTICE STUDY MATERIAL | |
| Number of Questions: 25 | |
| Created by: Amit Pandey | |
| Tags: AMFI MOCK TEST PAPER Test AMFI MOCK TEST PAPER AMFI MOCK TEST AMFI MOCK PAPER MOCK TEST AMFI EXAM AMFI TEST Mutual Funds |
To sell funds effectively, an agent need not
For investors to correctly compare performance of different funds, SEBI's advertising codes include
SEBI's advertising code mandates that performance calculations in a fund's advertisement should be based on
Investments made by a mutual fund on behalf of investors are accounted as
In a mutual fund investors' subscriptions"8.re accounted for as
Liabilities in the balance sheet of a mutual fund are
The day on which NAV is calculated by a fund is known as
Net Asset Value (NAV) of a mutual fund scheme is defined as
A fund's NAV is affected by
When computing NAV of fund SEBI requires accrual of major expenses to be accounted for
If a mutual fund calculates NAV daily, it will include all the transactions concluded up to
For a closed-end fund, the repurchase price should not be lower than the
For a no-load fund, the AMC can change an investment management fee not exceeding
The NAV of Scheme is 50. What can be the maximum entry load charged to the investor
For a open-end fund, the sale price should not be
Which of the following sales prescribed by regulation?
Scheme-wise annual reports of a mutual fund need not be
For an open ended scheme, initial issue expenses
Which of the following expenses cannot be charged to the scheme?
For a closed end scheme, initial issue expenses
An agent can offer and sell a fund's units at
Which of the following distribution channels is preferred by private mutual funds?
For a open-end fund, the repurchase price should not be lower than the
The terms of appointment of a broker by a fund are
The code of ethics for mutual funds published by AMFI