1 NISM Mock Test 1
0.0(0)Studied by 1 person
Call Kai
Learn
Practice Test
Spaced Repetition
Match
Flashcards
Knowt PlayCard Sorting
1/99
Earn XP
Description and Tags
Last updated 3:10 PM on 7/17/24
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai |
|---|
No analytics yet
Send a link to your students to track their progress
100 Terms
1
New cards
What is the primary objective of an index fund?
Match the performance of the market index
2
New cards
Which type of mutual fund provides regular income through dividends?
Dividend yield fund
3
New cards
What does AUM stand for in mutual funds?
Assets Under Management
4
New cards
Which type of fund is known for its high risk and high return potential?
Sector fund
5
New cards
What is the key feature of a closed-ended mutual fund?
Fixed number of units
6
New cards
What is the role of a fund manager in a mutual fund?
Make investment decisions and manage the portfolio
7
New cards
What is a balanced fund?
A mutual fund that invests in both equities and debt instruments
8
New cards
What is the significance of the expense ratio in mutual funds?
Indicates the cost of managing the fund
9
New cards
What is the primary risk associated with debt funds?
Credit risk
10
New cards
Which type of mutual fund is designed to provide tax benefits?
ELSS
11
New cards
What does ETF stand for?
Exchange Traded Fund
12
New cards
What is the main objective of a gilt fund?
Invest in government securities
13
New cards
What is the lock-in period for tax-saving mutual funds?
3 years
14
New cards
What is the primary advantage of investing in a mutual fund?
Diversification
15
New cards
What is a liquid fund?
A mutual fund that invests in short-term securities for liquidity
16
New cards
What is the role of SEBI in mutual funds?
Regulate and oversee mutual funds
17
New cards
What is the main objective of an equity fund?
Capital appreciation
18
New cards
What is the significance of NAV in mutual funds?
Indicates the per-unit value of the fund
19
New cards
What is a sector fund?
A mutual fund that invests in a specific industry sector
20
New cards
What is the primary benefit of SIP in mutual funds?
Regular investment and rupee cost averagin
21
New cards
Which type of fund invests primarily in corporate bonds?
Debt fund
22
New cards
What is the main objective of a growth fund?
Capital appreciation
23
New cards
What is the role of a custodian in mutual funds?
Safeguard the fund's assets
24
New cards
What is a gilt fund?
A mutual fund that invests in government securities
25
New cards
What is the primary advantage of diversification in mutual funds?
Reduce risk
26
New cards
What is the difference between an ETF and a mutual fund?
ETFs trade on stock exchanges, mutual funds do not
27
New cards
What does SIP stand for in mutual funds?
Systematic Investment Plan
28
New cards
What is the lock-in period for ELSS?
3 years
29
New cards
What is the main objective of a liquid fund?
Short-term liquidity
30
New cards
Which mutual fund scheme provides tax benefits under Section 80C?
ELSS
31
New cards
What is a diversified fund?
A mutual fund that invests in various sectors to reduce risk
32
New cards
What is the primary role of a custodian in mutual funds?
Safeguard the fund's assets
33
New cards
What type of mutual fund is considered low risk and invests in government securities?
Gilt fund
34
New cards
What is the main benefit of diversification in a mutual fund?
Reduce risk
35
New cards
What is the difference between an open-ended and a closed-ended mutual fund?
Open-ended funds can issue and redeem units at any time
36
New cards
What is the Sharpe ratio used to measure in mutual funds?
Risk-adjusted return
37
New cards
Which type of mutual fund invests in a mix of equity and debt securities?
Balanced fund
38
New cards
What is the primary function of an AMC (Asset Management Company)?
Manage mutual funds
39
New cards
What is the primary objective of an index fund?
Match the performance of the market index
40
New cards
Which type of mutual fund provides regular income through dividends?
Dividend yield fund
41
New cards
What does AUM stand for in mutual funds?
Assets Under Management
42
New cards
Which type of fund is known for its high risk and high return potential?
Sector fund
43
New cards
What is the key feature of a closed-ended mutual fund?
Fixed number of units
44
New cards
What is the role of a fund manager in a mutual fund?
Make investment decisions and manage the portfolio
45
New cards
What is a balanced fund?
A mutual fund that invests in both equities and debt instruments
46
New cards
What is the significance of the expense ratio in mutual funds?
Indicates the cost of managing the fund
47
New cards
What is the primary risk associated with debt funds?
Credit risk
48
New cards
Which type of mutual fund is designed to provide tax benefits?
ELSS
49
New cards
What does ETF stand for?
Exchange Traded Fund
50
New cards
What is the main objective of a gilt fund?
Invest in government securities
51
New cards
What is the lock-in period for tax-saving mutual funds?
3 years
52
New cards
What is the primary advantage of investing in a mutual fund?
Diversification
53
New cards
What is a liquid fund?
A mutual fund that invests in short-term securities for liquidity
54
New cards
What is the role of SEBI in mutual funds?
Regulate and oversee mutual funds
55
New cards
What is the main objective of an equity fund?
Capital appreciation
56
New cards
What is the significance of NAV in mutual funds?
Indicates the per-unit value of the fund
57
New cards
What is a sector fund?
A mutual fund that invests in a specific industry sector
58
New cards
What is the primary benefit of SIP in mutual funds?
Regular investment and rupee cost averaging
59
New cards
Which type of fund invests primarily in corporate bonds?
Debt fund
60
New cards
What is the main objective of a growth fund?
Capital appreciation
61
New cards
What is the role of a custodian in mutual funds?
Safeguard the fund's assets
62
New cards
What is a gilt fund?
A mutual fund that invests in government securities
63
New cards
What is the primary advantage of diversification in mutual funds?
Reduce risk
64
New cards
What is the difference between an ETF and a mutual fund?
ETFs trade on stock exchanges, mutual funds do not
65
New cards
What does SIP stand for in mutual funds?
Systematic Investment Plan
66
New cards
What is the lock-in period for ELSS?
3 years
67
New cards
What is the main objective of a liquid fund?
Short-term liquidity
68
New cards
Which mutual fund scheme provides tax benefits under Section 80C?
ELSS
69
New cards
What is a diversified fund?
A mutual fund that invests in various sectors to reduce risk
70
New cards
What is the primary role of a custodian in mutual funds?
Safeguard the fund's assets
71
New cards
What type of mutual fund is considered low risk and invests in government securities?
Gilt fund
72
New cards
What is the main benefit of diversification in a mutual fund?
Reduce risk
73
New cards
What is the difference between an open-ended and a closed-ended mutual fund?
Open-ended funds can issue and redeem units at any time
74
New cards
What is the Sharpe ratio used to measure in mutual funds?
Risk-adjusted return
75
New cards
Which type of mutual fund invests in a mix of equity and debt securities?
Balanced fund
76
New cards
What is the primary function of an AMC (Asset Management Company)?
Manage mutual funds
77
New cards
What is the primary objective of an index fund?
Match the performance of the market index
78
New cards
Which type of mutual fund provides regular income through dividends?
Dividend yield fund
79
New cards
What does AUM stand for in mutual funds?
Assets Under Management
80
New cards
Which type of fund is known for its high risk and high return potential?
Sector fund
81
New cards
What is the key feature of a closed-ended mutual fund?
Fixed number of units
82
New cards
What is the role of a fund manager in a mutual fund?
Make investment decisions and manage the portfolio
83
New cards
What is a balanced fund?
A mutual fund that invests in both equities and debt instruments
84
New cards
What is the significance of the expense ratio in mutual funds?
Indicates the cost of managing the fund
85
New cards
What is the primary risk associated with debt funds?
Credit risk
86
New cards
Which type of mutual fund is designed to provide tax benefits?
ELSS
87
New cards
What does ETF stand for?
Exchange Traded Fund
88
New cards
What is the main objective of a gilt fund?
Invest in government securities
89
New cards
What is the lock-in period for tax-saving mutual funds?
3 years
90
New cards
What is the primary advantage of investing in a mutual fund?
Diversification
91
New cards
What is a liquid fund?
A mutual fund that invests in short-term securities for liquidity
92
New cards
What is the role of SEBI in mutual funds?
Regulate and oversee mutual funds
93
New cards
What is the main objective of an equity fund?
Capital appreciation
94
New cards
What is the significance of NAV in mutual funds?
Indicates the per-unit value of the fund
95
New cards
What is a sector fund?
A mutual fund that invests in a specific industry sector
96
New cards
What is the primary benefit of SIP in mutual funds?
Regular investment and rupee cost averaging
97
New cards
Which type of fund invests primarily in corporate bonds?
Debt fund
98
New cards
What is the main objective of a growth fund?
Capital appreciation
99
New cards
What is the role of a custodian in mutual funds?
Safeguard the fund's assets
100
New cards
What is a gilt fund?
A mutual fund that invests in government securitie
