NISM VA Chapter 3 Monk test

NISM VA- CHAPTER 3- LEGAL STRUCTURE OF MUTUAL FUNDS IN INDIA – MONK TEST

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NISM VA- CHAPTER 3 – LEGAL STRUCTURE OF MUTUAL FUNDS IN INDIA – MONK TEST

The below NISM VA Mock Test is based on Chapter 3, “LEGAL STRUCTURE OF MUTUAL FUNDS IN INDIA“.  The NISM VA (Mutual Fund Distributors Certification Examination) course has twelve chapters.

We plan to give our readers a chapter-wise mock test series for the NISM VA exam. The reader should first read the complete test material PDF provided by NISM for the chapter “LEGAL STRUCTURE OF MUTUAL FUNDS IN INDIA“. and then try out the monk test series to check and sharpen their knowledge.

NISM VA Exam questions are mainly framed to check the student’s understanding of the topics and a deep knowledge of the subject. There is no fixed pattern of MCQs. The student has to read the complete material provided by NISM and then try out the given mock test to check their knowledge. This mock test will provide readers with the required practice for their final exam. Students should try these tests 2 to 3 times till they score 100%.

NISM-Series-V-A. Mutual Fund Distributors Certification Examination.

The exam is taken online at the centers allotted by NISM. There are a total of 100 MCQ Questions.

Exam DurationTotal QuestionsMarks areValidity of Certificate
2 Hrs. (120 Minutes)  100 Out of 100
Passing Marks
– 50		  3 Years

Readers can get complete information about the NISM VA Mutual Fund Distributor Exam on the official website of NISM. www.nism.ac.in

NISM VA Chapter 3 Monk test

NISM- VA LEGAL STRUCTURE OF MUTUAL FUNDS IN INDIA - CHAPTER 3 - MONK TEST

NISM- VA LEGAL STRUCTURE OF MUTUAL FUNDS IN INDIA - CHAPTER 3 - MONK TEST

1 / 15

All custodians need to register with

2 / 15

How much percentage of  AMC's -Directors should be independent  i.e., not associated with the sponsor or any of its subsidiaries or the trustees.

3 / 15

The custodian is appointed by the

4 / 15

The appointment of  Registrars and Transfer Agents  ( RTA ) is done by the

5 / 15

The Fullform  of ARN is

6 / 15

The following is not a requirement to become a Mutual Funds Distributor?

7 / 15

The Trustees appoint the Scheme Auditor, and the AMC appoints the AMC auditor.

State whether the above statement is true or false.

8 / 15

Who maintains investors' records?

9 / 15

The sponsor should have average net annual profits immediately preceding the five years of at least

10 / 15

The sponsor of a Mutual Fund should carry on business in financial services for not less than

11 / 15

Custodian is appointed by?

12 / 15

Who has custody of the assets of the scheme

13 / 15

Day to day management of the schemes is handled by

14 / 15

Who are the main persons behind the mutual fund business?

15 / 15

In India, Mutual Fund is constituted as

Your score is

The average score is 76%

0%

Readers would also like to try following the Monk Test

1. . NISM VA – MOCK TEST on Chapter 1

2.. NISM VA – MONK TEST on CHAPTER 2

3. NISM VA – MONK TEST on CHAPTER 3

4. NISM- VA – MONK TEST on CHAPTER 4

5. NISM- VA – CHAPTER 5 on MONK TEST

6. NISM- VA – CHAPTER 6 on MONK TEST

7. NISM- VA – CHAPTER 7 on MONK TEST

8. NISM- VA – CHAPTER 8 on MONK TEST

9. NISM- VA – CHAPTER 9 on MONK TEST

10. NISM- VA – CHAPTER 10 on MONK TEST

11. NISM- VA – CHAPTER 11 on MONK TEST

12. NISM- VA – CHAPTER 12 on MONK TEST

NISM VA Practice Test Series — 100 Questions each

NISM VA Practice Paper 1 — 100 Questions

NISM VA Practice Paper 2 — 100 Questions

NISM VA Practice Paper 3 — 100 Questions

NISM VA Practice Paper 4 — 100 Questions

NISM VA Practice Paper 5 — 100 Questions

NISM VA Final Preparation Test – 150 Questions

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