Top 150+ Solved Mutual Fund Management MCQ Questions Answer
Q. Mutual Fund schemes are first offered to investors through.
a. Stock exchange
b. New Fund Offer
c. Initial Public Offer
d. AMFI
Q. Which of the following banks launched the first mutual fund in India?
a. SBI
b. Canara Bank
c. Bank of India
d. Indian Bank
Q. Which of the following organizations is the Mutual Fund Market regulator in India?
a. SEBI
b. RBI
c. AMFI
d. CIBIL
Q. A Mutual fund is owned by _____________.
a. SEBI
b. The Government of India
c. AMFI
d. All its investors
Q. SIP is a _______________.
a. Method of regular investment
b. Name of a mutual fund
c. Brand of a tea stock
d. Method of one time investment
Q. SIP stands for ______________.
a. Systematic investment plan
b. Simple investment plan
c. Simplified investment programme
d. Single investment plan
Q. Day to day operations of a mutual fund is handled by
a. Asset Management Company
b. Sponsor
c. Trustee
d. Shareholders
Q. Mutual funds are constituted in India as ____________.
a. Trust
b. Limited liability partnership
c. Companies
d. Non-Government organisations
Q. The susceptibility of a mutual fund’s performance to general stock market conditions is known as
a. Interest rate risk
b. Market risk
c. Exchange risk
d. Corporate risk
Q. The _________ is the market value of the securities that mutual funds have purchased minus anyliabilities per unit.
a. Net asset value
b. Book value
c. Gross asset value
d. Net worth value
Q. Which payment mode is not applicable while purchasing mutual fund scheme?
a. Cheque
b. Demand Draft
c. Cash
d. Pay Order
Q. ____________ are an important link between fund managers and investors.
a. Trustee
b. Asset Management Company
c. Custodian
d. Registrar And Transfer Agents
Q. What is an open-ended mutual fund?
a. It is the one that has an option to invest in any kind of security
b. It has units available for sale and repurchase at all times.
c. It has an upper limit on its NAV
d. It has a fixed fund size
Q. In ____________ funds, the money is invested primarily in short-term or very short-terminstruments e.g. T-Bills, CPs etc.
a. Growth fund
b. Income funds
c. Liquid funds
d. Tax-Saving Funds (ELSS)
Q. ________ is a method of investing in mutual funds wherein an investor chooses a mutual fund schemeand invests a the fixed amount of his choice at fixed intervals.
a. Systematic Transfer Plan
b. Systematic Withdrawal Plan
c. Systematic Investment Plan
d. Systematic Innovative Plan