NISM-Series-V-A: Mutual Fund Distributors Certification Examination

Sample Questions

1. As per SEBI regulations, foreign nationals are permitted to invest in Indian mutual funds,
subject to KYC.

a. True
b. False

2. PAN Card is not required for mutual fund investments below Rs 50,000 per mutual fund per
financial year, where payment is in cash.

a. True
b. False

3. Investments in mutual fund can be made using _____.

a. Cheque / DD
b. Electronic payment modes
c. Any of the above

4. Cut-off timing guidelines are not applicable for _____.

a. NFOs
b. International Funds
c. Both of the above
d. None of the above

5. STP is a combination of SIP and SWP.

a. True
b. False

6. Investors’ KYC details are stored in the server of _____.

a. AMC
b. AMFI
c. SEBI
d. KRA

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