Mutual Fund Management Set 1

Download as pdf or txt
Download as pdf or txt
You are on page 1of 6

Mutual Fund Management MCQs [set-1]

1. The First player of the Mutual fund industry was______________.


A. ICICI MF
B. UTI MF
C. SBI MF
D. LIC MF
Answer: B

2. . UTI mutual fund was set up in the Year _______________.


A. 1963
B. 1986
C. 1956
o m
D. 1947 . c
Answer: A
t e
a was set up as a joint venture between
M
3. _______________ Mutual fund company
q
RBI and Government of India
c
A. UTI MF
B. LIC MF
M
C. SBI MF
D. ICICI MF
Answer: A

4. Who establishes the Mutual Fund in India?


A. Securities Exchange Board of India
B. Asset Management Company
C. Sponsor
D. Shareholders
Answer: C

5. In India, AMC must be registered with____________.


A. Company’s Act, 2013
B. No registration required.
C. Securities Exchange Board of India
D. Reserve Bank of India
Answer: C

6. ___________ is a type of investment vehicle consisting of a portfolio of stocks,


bonds, or other securities.
A. Government Securitie
B. Mutual Funds
C. Derivatives
D. Shares
Answer: B

7. The value of one unit of investment in Mutual fund is called the


_______________.
A. Net Asset Value
B. Issue value
C. Market value
D. Gross Asset value
Answer: A

8. ________________ regulates the Mutual fund industry in India.


A. Reserve Bank of India
B. Association of Mutual Funds of India
C. Securities Exchange Board of India
D. State Bank of India
Answer: C

9. What is the full form of NAV?


A. Net Assessment Value
B. National Asset Value
C. Net Asset Value
D. National Asset variation
Answer: C

10. _______________ schemes not exposed to sudden and large movements of


funds.
A. Fixed maturity plan

View all MCQ's at McqMate.com


B. Open-Ended Funds
C. Close-Ended Funds
D. Interval fund
Answer: C

11. The feature of a mutual fund, where it spreads the investment in varied stocks
and sectors by pooling the funds of various investors, is called as ______________.
A. Professional Management
B. Affordability
C. Diversification
D. Profit
Answer: C

12. Dividend income received from mutual in the hands of unit holders
A. Fully Taxable
B. Fully Exempt
C. Partly Exempt
D. Partly Taxable
Answer: B

13. Which of the following is not a limitation of mutual funds?


A. No guarantee of return
B. Fees and Expenses
C. Poor Performance
D. Professional Management
Answer: D

14. The Mutual fund industry follows which of the following regulation?
A. SEBI (Mutual fund) regulations 1996
B. Mutual fund regulation 2004
C. Mutual fund regulation 2003
D. RBI
Answer: A

15. Presently there are __________ AMC in India


A. 40
B. 50

View all MCQ's at McqMate.com


C. 44
D. 39
Answer: C

16. A _________________ is a trust that pools the savings of a number of investors


who share common financial goals.
A. Share
B. Mutual Funds
C. Government Securities
D. Derivatives
Answer: B

17. What are the reasons for economies of scale to the benefit of Mutual funds?
A. Large volumes of trade
B. Portfolio diversification
C. Risk reduction
D. Loss
Answer: B

18. _____________ are also known as the protectors of the fund and are employed
by the fund sponsor.
A. Sponsor
B. Trustees
C. Asset Management Company
D. Custodian
Answer: B

19. A minimum start-up capital of about ______________is required for open-


ended schemes
A. 500 million
B. 1000 million
C. 350 million
D. 200 million
Answer: D

20. A minimum start-up capital of about ______________is required for close-


ended schemes
A. 150 million

View all MCQ's at McqMate.com


B. 100 million
C. 350 million
D. 200 million
Answer: A

21. The funds in which units can be purchased only during the initial offer period
are called
A. Open-Ended Fund
B. Close-Ended Funds
C. Interval Funds
D. Fixed maturity plan
Answer: B

22. ______________ are considered high-risk funds but also tend to provide high
returns.
A. Equity Fund
B. Money Market Funds
C. Balanced or Hybrid Funds
D. Debt Funds
Answer: A

23. ____________ are funds that invest in company debentures, government bonds
and other fixed-income assets.
A. Equity Fund
B. Money Market Funds
C. Balanced or Hybrid Funds
D. Debt Funds
Answer: D

24. HDFC Sensex ETF is an example of ____________.


A. Sector Fund
B. Index Funds
C. Fund of funds
D. International funds
Answer: B

25. Nippon India Pharma fund is an example of ______________.


A. Sector Fund

View all MCQ's at McqMate.com


B. Index Funds
C. Equity funds
D. Global funds
Answer: C

View all MCQ's at McqMate.com

You might also like