Top 150+ Solved Mutual Fund Management MCQ Questions Answer
Q. A _________________ is a trust that pools the savings of a number of investors who share commonfinancial goals.
a. Share
b. Mutual Funds
c. Government Securities
d. Derivatives
Q. 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
Q. _____________ 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
Q. 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
Q. A minimum start-up capital of about ______________is required for close-ended schemes
a. 150 million
b. 100 million
c. 350 million
d. 200 million
Q. 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
Q. ______________ 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
Q. ____________ are funds that invest in company debentures, government bonds and other fixed-incomeassets.
a. Equity Fund
b. Money Market Funds
c. Balanced or Hybrid Funds
d. Debt Funds
Q. HDFC Sensex ETF is an example of ____________.
a. Sector Fund
b. Index Funds
c. Fund of funds
d. International funds
Q. Nippon India Pharma fund is an example of ______________.
a. Sector Fund
b. Index Funds
c. Equity funds
d. Global funds
Q. AMFI was incorporated on ________________.
a. 22nd August 1995
b. 12th April 1992
c. 1st April 1935
d. 15th August 1947
Q. Which type of fund is more volatile?
a. Large-cap fund
b. Mid-cap funds
c. Small-cap funds
d. Hybrid Funds
Q. An investor pays a tax on the dividend that he receives from a mutual fund scheme at
a. 10%
b. 20%
c. 30%
d. Tax is not applicable
Q. Investors can enter and exit under _______ at any time
a. Fixed maturity plan
b. Open-Ended Funds
c. Close-Ended Funds
d. Interval fund
Q. The NAV of each scheme should be updated on AMFI's website
a. Every Day
b. Every month
c. Every hour
d. Every quarter