Unit ko samjho · NISM Series II-B
Mutual Fund Products
12 questions is unit mein
Sawaal aur jawaab English mein hain, kyunki NISM ka exam paper bhi English mein hota hai.
Is unit mein kya hai
- Which plan generally excludes embedded distributor commission?
- Which document describes a particular scheme's investment objective and key features in detail?
- What is the main purpose of the Riskometer for a mutual fund scheme?
- A fund mainly invests in shares of listed companies. Which broad category best describes it?
- Which scheme mainly invests in fixed-income securities?
- Which scheme combines equity and fixed-income exposure according to its mandate?
- Which scheme is normally offered for subscription and redemption continuously at applicable NAV?
- What is the main purpose of a Key Information Memorandum?
- An investor selects a scheme without reviewing its investment objective. Which risk arises?
- Which document contains additional general information about the mutual fund and service arrangements?
- Two plans share the same scheme portfolio but charge different expense rates. What primarily explains different NAV paths?
- An interval scheme permits repurchases only in stated windows. Which feature should an investor check first?
Zaroori ideas
Practice bank se · 1
Which plan generally excludes embedded distributor commission?
A direct plan does not include the distribution commission associated with a regular plan.
Hint Think about how the investor accesses the scheme.
II-B-080Practice bank se · 2
Which document describes a particular scheme's investment objective and key features in detail?
The Scheme Information Document sets out the scheme's features, objective and principal terms.
Hint Think about the scheme-specific offer information.
II-B-081Practice bank se · 3
What is the main purpose of the Riskometer for a mutual fund scheme?
The Riskometer presents the scheme's risk classification to help investors understand risk exposure.
Hint Consider how risk is shown to prospective investors.
II-B-082Practice bank se · 4
A fund mainly invests in shares of listed companies. Which broad category best describes it?
An equity-oriented mutual fund primarily invests in equity securities within its disclosed mandate.
Hint Focus on the dominant investment asset class.
II-B-083Practice bank se · 5
Which scheme mainly invests in fixed-income securities?
A debt fund principally invests in debt or money-market instruments according to its objective.
Hint Think about bonds and other borrowing instruments.
II-B-084Practice bank se · 6
Which scheme combines equity and fixed-income exposure according to its mandate?
A hybrid fund combines asset classes such as equity and debt under its disclosed strategy.
Hint Look for a mixed-asset investment approach.
II-B-085Practice bank se · 7
Which scheme is normally offered for subscription and redemption continuously at applicable NAV?
An open-ended mutual fund generally permits ongoing subscriptions and redemptions under its terms.
Hint Think about ongoing unit entry and exit.
II-B-086Practice bank se · 8
What is the main purpose of a Key Information Memorandum?
The Key Information Memorandum summarises important information about the scheme for investors.
Hint Think about a shorter investor-facing summary.
II-B-087Practice bank se · 9
An investor selects a scheme without reviewing its investment objective. Which risk arises?
Ignoring the investment objective can lead to selecting a product with unsuitable underlying exposure.
Hint Match the product mandate to the intended purpose.
II-B-088Practice bank se · 10
Which document contains additional general information about the mutual fund and service arrangements?
The Statement of Additional Information contains broader information about the mutual fund organisation and operations.
Hint Distinguish general fund information from scheme-specific terms.
II-B-089Practice bank se · 11
Two plans share the same scheme portfolio but charge different expense rates. What primarily explains different NAV paths?
Plans holding the same portfolio may have different NAV progression because their expenses differ.
Hint Think about identical assets with different deductions.
II-B-090Practice bank se · 12
An interval scheme permits repurchases only in stated windows. Which feature should an investor check first?
An interval fund's specified subscription and redemption windows control practical .
Hint Consider when money can actually be withdrawn.
II-B-091Liquidity in the stock market means how easily a quantity can be bought or sold.
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