nism mutual fund mock test - Quiz Questions (Page 2 of 2)
This quiz contains 20 questions.
Question 11: What is an ETF?
- Exchange Traded Fund (Correct Answer)
- Educational Trust Fund
- Employee Trust Fund
- Equity Trading Foundation
Question 12: Which return type assumes reinvestment of all distributions?
- Total return (Correct Answer)
- Simple return
- Dividend yield
- Capital appreciation
Question 13: What is the minimum corpus for a mutual fund?
- INR 50 crore (Correct Answer)
- INR 10 crore
- INR 100 crore
- INR 25 crore
Question 14: What does AR stand for in mutual funds?
- Asset Rebalancing
- Annual Return (Correct Answer)
- Alternate Rates
- Aggregate Revenue
Question 15: Which fund invests in stocks tied to a particular index?
- Index fund (Correct Answer)
- Balanced fund
- Sector fund
- Money market fund
Question 16: What is a sector fund?
- Invests in a specific sector of the economy (Correct Answer)
- Invests in bonds only
- Invests globally
- Invests in money markets
Question 17: What is the lock-in period for ELSS in India?
- 3 years (Correct Answer)
- 5 years
- 10 years
- 1 year
Question 18: Who manages the daily operations of a mutual fund?
- Fund manager (Correct Answer)
- Investor
- Portfolio analyst
- Trustee
Question 19: Which statement is true about dividend distribution tax in mutual funds?
- Paid by the fund before distribution (Correct Answer)
- Paid by investors
- Does not apply
- Paid monthly
Question 20: What kind of fund is most appropriate for short-term goals?
- Liquid fund (Correct Answer)
- Equity fund
- Hybrid fund
- Tax-saving fund
Take the NISM Mutual Fund mock test to see how well you understand mutual fund basics, rules, and investment strategies. This short quiz is made for those preparing for the NISM certification exam in India. It helps you review key topics related to financial products and current regulations. Test your skills and boost your confidence before the real exam.
