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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