NISM- VA – FUND DISTRIBUTION AND CHANNEL MANAGEMENT PRACTICES – CHAPTER 6 – MONK TEST

NISM- VA – FUND DISTRIBUTION AND CHANNEL MANAGEMENT PRACTICES – CHAPTER 6 – MONK TEST

The below NISM VA Mock Test is based on Chapter 6, “FUND DISTRIBUTION AND CHANNEL MANAGEMENT PRACTICES”.  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 “FUND DISTRIBUTION AND CHANNEL MANAGEMENT PRACTICES“, and then try out the mock 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 give the readers the required practice for their final exam.

NISM-Series-VA. Mutual Fund Distributors Certification Examination.

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

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 - FUND DISTRIBUTION AND CHANNEL MANAGEMENT PRACTICES - CHAPTER 6 - MONK TEST

NISM- VA - FUND DISTRIBUTION AND CHANNEL MANAGEMENT PRACTICES - CHAPTER 6 - MONK TEST

1 / 11

Investment platforms like Groww, Kuvera, Paytm Money, Coin, etc are

Electronic platforms created by the AMCs

New age investment platforms

Can't say

Non of these

2 / 11

If an investor invests in the Direct Schemes of Mutual Funds? How much commission does he have to give to the  MF Distributor?

as decided by AMC

as decided by Mutual Fund manager

No commission ot MF distributor as it is direct scheme

Non of above

3 / 11

What are the prerequisites to become a Distributor of a Mutual Fund?

Pass NISM VA exam

Get ARN Number

Empaneled with AMC

All of above

4 / 11

Mutual Fund Distributor has to be empaneled with different AMCs to sell their Mutual Fund schemes

False

True

Partially True

Partially False

5 / 11

The Trail commission to the MF Distributor is paid to him as per _________.

Advice of SEBI

Advise of AMC

As per the contract with AMC and MF Distributor

As decided by MF Manager

6 / 11

Trail Commission of Mutual Fund Distributor is calculated______________.

Weekly

Quaterly

Daily

Yearly

7 / 11

Trail commission increases as NAV increases. The above statement is true or false.

False

True

Can't Say

Non of these

8 / 11

The individual MF Distributor must pass the NISM_______certification examination mandated by SEBI.

V-A

V-B

VIII-A

VII-B

9 / 11

Which of the following are Non-individual entities of Mutual fund distributors ?

partnerships

stockbrokers

NBFCs

All of the above

10 / 11

A Mutual Fund manager manages a mutual fund portfolio in line with the scheme’s investment objectives.  This statement is True or False?

True

False

Partially True

Partially False

11 / 11

What is the role and importance of mutual fund distributors?

Helps to creates a diversified portfolio of investor

Helps in selecting best Mutual Funds scheme from available option

Advice about various investment options to achieve financial goals of investor

All of above

Your score is

The average score is 85%

0%

Restart quiz

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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