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This set of Mutual Fund Management Multiple Choice Questions & Answers (MCQs) focuses on Mutual Fund Management Set 1
Q1 | The First player of the Mutual fund industry was______________.
- ICICI MF
- UTI MF
- SBI MF
- LIC MF
Q2 | . UTI mutual fund was set up in the Year _______________.
- 1963
- 1986
- 1956
- 1947
Q3 | _______________ Mutual fund company was set up as a joint venture between RBI and Government ofIndia
- UTI MF
- LIC MF
- SBI MF
- ICICI MF
Q4 | Who establishes the Mutual Fund in India?
- Securities Exchange Board of India
- Asset Management Company
- Sponsor
- Shareholders
Q5 | In India, AMC must be registered with____________.
- Company’s Act, 2013
- No registration required.
- Securities Exchange Board of India
- Reserve Bank of India
Q6 | ___________ is a type of investment vehicle consisting of a portfolio of stocks, bonds, orother securities.
- Government Securitie
- Mutual Funds
- Derivatives
- Shares
Q7 | The value of one unit of investment in Mutual fund is called the _______________.
- Net Asset Value
- Issue value
- Market value
- Gross Asset value
Q8 | ________________ regulates the Mutual fund industry in India.
- Reserve Bank of India
- Association of Mutual Funds of India
- Securities Exchange Board of India
- State Bank of India
Q9 | What is the full form of NAV?
- Net Assessment Value
- National Asset Value
- Net Asset Value
- National Asset variation
Q10 | _______________ schemes not exposed to sudden and large movements of funds.
- Fixed maturity plan
- Open-Ended Funds
- Close-Ended Funds
- Interval fund
Q11 | The feature of a mutual fund, where it spreads the investment in varied stocks and sectors by pooling thefunds of various investors, is called as ______________.
- Professional Management
- Affordability
- Diversification
- Profit
Q12 | Dividend income received from mutual in the hands of unit holders
- Fully Taxable
- Fully Exempt
- Partly Exempt
- Partly Taxable
Q13 | Which of the following is not a limitation of mutual funds?
- No guarantee of return
- Fees and Expenses
- Poor Performance
- Professional Management
Q14 | The Mutual fund industry follows which of the following regulation?
- SEBI (Mutual fund) regulations 1996
- Mutual fund regulation 2004
- Mutual fund regulation 2003
- RBI
Q15 | Presently there are __________ AMC in India
- 40
- 50
- 44
- 39
Q16 | A _________________ is a trust that pools the savings of a number of investors who share commonfinancial goals.
- Share
- Mutual Funds
- Government Securities
- Derivatives
Q17 | What are the reasons for economies of scale to the benefit of Mutual funds?
- Large volumes of trade
- Portfolio diversification
- Risk reduction
- Loss
Q18 | _____________ are also known as the protectors of the fund and are employed by the fund sponsor.
- Sponsor
- Trustees
- Asset Management Company
- Custodian
Q19 | A minimum start-up capital of about ______________is required for open-ended schemes
- 500 million
- 1000 million
- 350 million
- 200 million
Q20 | A minimum start-up capital of about ______________is required for close-ended schemes
- 150 million
- 100 million
- 350 million
- 200 million
Q21 | The funds in which units can be purchased only during the initial offer period are called
- Open-Ended Fund
- Close-Ended Funds
- Interval Funds
- Fixed maturity plan
Q22 | ______________ are considered high-risk funds but also tend to provide high returns.
- Equity Fund
- Money Market Funds
- Balanced or Hybrid Funds
- Debt Funds
Q23 | ____________ are funds that invest in company debentures, government bonds and other fixed-incomeassets.
- Equity Fund
- Money Market Funds
- Balanced or Hybrid Funds
- Debt Funds
Q24 | HDFC Sensex ETF is an example of ____________.
- Sector Fund
- Index Funds
- Fund of funds
- International funds
Q25 | Nippon India Pharma fund is an example of ______________.
- Sector Fund
- Index Funds
- Equity funds
- Global funds