Unit ko samjho · NISM Series II-B
Non-Financial Transactions
11 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 activity is normally a non-financial mutual fund transaction?
- Why should an RTA verify documents before changing an investor's registered name?
- What is the usual purpose of registering multiple valid bank mandates?
- An investor asks to change the registered mobile number. Which action best protects the folio?
- What does transmission of mutual fund units mean?
- Why might an RTA mark a lien against mutual fund units?
- A pledgee requests release of pledged units but the required release authority is absent. What should the RTA do?
- What is a common reason to update a corporate mutual fund folio's signatory list?
- What is the purpose of an investor grievance system?
- What is the function of SEBI's SCORES mechanism?
- A claimant reports a deceased investor's units, but records show two folios. What should an RTA do?
Zaroori ideas
Practice bank se · 1
Which activity is normally a non-financial mutual fund transaction?
An address update changes investor details without itself creating a purchase or redemption.
Hint Think about changes to records without buying or selling units.
II-B-140Practice bank se · 2
Why should an RTA verify documents before changing an investor's registered name?
Name-change verification helps protect the accuracy and ownership integrity of investor records.
Hint Think about identity integrity and impersonation risk.
II-B-141Practice bank se · 3
What is the usual purpose of registering multiple valid bank mandates?
Registered mandates identify eligible investor bank accounts under applicable payment controls.
Hint Think about which bank accounts may receive authorised payouts.
II-B-142Practice bank se · 4
An investor asks to change the registered mobile number. Which action best protects the folio?
The RTA should verify authority before changing sensitive contact information.
Hint Consider both identity checking and audit logging.
II-B-143Practice bank se · 5
What does transmission of mutual fund units mean?
Transmission is the recognised process for recording eligible successors or claimants following an investor's death.
Hint Think about succession following death.
II-B-144Practice bank se · 6
Why might an RTA mark a lien against mutual fund units?
Lien marking records a legal restriction or interest in specified units according to valid instructions.
Hint Think about units given as security for an obligation.
II-B-145Practice bank se · 7
A pledgee requests release of pledged units but the required release authority is absent. What should the RTA do?
A lien or pledge restriction should only be released after appropriate authority and verification.
Hint Think about who may authorise removing a restriction.
II-B-146Practice bank se · 8
What is a common reason to update a corporate mutual fund folio's signatory list?
Changes to authorised representatives require updated corporate authority records.
Hint Think about governance changes within an institution.
II-B-147Practice bank se · 9
What is the purpose of an investor grievance system?
A grievance system supports documented receipt, escalation and resolution of investor complaints.
Hint Think about traceable resolution of investor problems.
II-B-148Practice bank se · 10
What is the function of SEBI's SCORES mechanism?
SCORES is SEBI's platform for securities-market investor complaint redressal.
Hint Recall where unresolved investor complaints can be escalated.
II-B-149Practice bank se · 11
A claimant reports a deceased investor's units, but records show two folios. What should an RTA do?
Each folio requires proper identification, supporting claim documents and authorised transmission processing.
Hint Consider legal entitlement and accurate account-by-account records.
II-B-150