MFD - Level 2 Certification
Investor Services
Q1.
Which of the following is not an official point of acceptance for NFO applications?
Q2.
The ‘no transaction period’ is usually a period of ____ days from the closure of the NFO.
Q3.
The inception date is the:
Q4.
The continuous offer period starts from the inception date.
Q5.
Which of the following is true regarding continuous offer period?
Q6.
The time printed in the contract note from the stock exchange system is treated as the time stamp.
Q7.
Arrange the following steps in the order of their initiation: i. The AMC calculates the NAV ii. The day-end NAV is communicated to the RTA iii. The AMC is informed of the sale & repurchase volumes iv. The RTA proceeds with the crediting of the new units or deducting the re-purchased units from the folio of the investor
Q8.
If a limit price buy order is given, the order will be executed at prices ____ to the limit price.
Q9.
ETF also receive & give securities, post-NFO in the case of ____ investors.
Q10.
In the case of limit price orders, the order would never lapse at the end of the day.
Q11.
What is the maximum no. Of nominees, a unit holder can nominate?
Q12.
In case the units are held by more than one person jointly, nomination is not available.
Q13.
The nomination can be made by:
Q14.
Who cannot be a nominee for mutual fund units?
Q15.
Which of the following can be a nominee for mutual fund units?
Q16.
A unit holder nominates A & B with a percentage allocation of 54.5% and 45.5% respectively. Is the nomination valid?
Q17.
Which of the following is false about nomination in case of multiple nominees?
Q18.
Transfer of units in favour of nominee(s) is a valid discharge by the AMC against the legal heir.
Q19.
Investors can borrow money against pledge of their mutual fund units.
Q20.
After pledging the units & once the charge is created, the investor: