Investment Advisor level 1 - set 2
0 of 25 questions completed
1. This is a Mock Examination of NISM-Series-XVIII: Financial Education Certification Examination.
2. This mock test has 50 questions of 1 marks each. Please note that the actual examination for NISM Series XVIII: Financial Education Certification Examination has 50 questions of 1 mark each.
3. There is no negative marking.
4. The passing score for the examination is 60%
5. This mock examination is only to give the candidates an experience of NISM testing system.
6. Please note that passing this mock test would not make you eligible for claiming a certificate for NISM-Series-XVIII: Financial Education Certification Examination.
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading...
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
0 of 25 questions answered correctly
Time has elapsed
You have reached 0 of 0 points, (0)
Question 1 of 25
Stocks that exhibit very high rate of earnings & business growth are known as _____________?
Question 2 of 25
Which of the following account cannot be opened under PPF scheme?
Question 3 of 25
____________ is a copy of will certified by the Court?
Question 4 of 25
Which of the following insurance is to be taken to avail family floater Mediclaim policy?
Question 5 of 25
A person wants to take exposure in Equity market but is unable to devote time for researching stocks. Which of the
following is the most appropriate investment medium for him?
Question 6 of 25
Standard Deviation of a security in a given period measures________.
Question 7 of 25
If a public issue is heavily over subscribed
Question 8 of 25
Raghuveer redeemed certain units of Debt Mutual Fund scheme in FY18-19. What is amount of Security Transaction Tax
that he needs to pay?
Question 9 of 25
Which of the following is True about Value stocks?
Question 10 of 25
Gratuity received by the employee is taxable under which head ?
Question 11 of 25
Registration and regulation of securities market intermediaries is the function of _____.
Question 12 of 25
FMP have the following advantage over an Open End Bond Fund
Question 13 of 25
Loss from Business or Profession cannot be Set Off against
Question 14 of 25
A will certified by court is called_______.
Question 15 of 25
Mr. Verma is 30 years of age and he is getting a salary of Rs.50,000/- per month. He wishes to save 40 % of his half
yearly salary every year at the beginning of the year. If his salary increases by 12 % every year and ROI is 15 % per annum
then what will be his accumulated savings at the age of 45?
Question 16 of 25
Which type of Risk cannot be diversified?
Question 17 of 25
Which of the following are excluded from the definition of capital assets?
Question 18 of 25
Mr. Manish has invested 50% of his investment in equity and 50% in debt. Based on his view about the markets, he
changes his asset allocation to 70% equity and 30% debt. This is known as:
Question 19 of 25
Unrealized rent has to be deducted while determining the Net Annual value of a property?
Question 20 of 25
Nifty drops by 10% at 1.30 pm. The market will halt for :
Question 21 of 25
Growth-oriented investments are suitable for which stage of retirement savings?
Question 22 of 25
Mira aged 30, is interested in planning for retirement. She saves Rs. 15000 per year (at the year end) in a bank fixed
deposit earning 8.25% p.a. compounded annually until she retires at age 58. Her life expectancy is 80 years. What will be her
corpus on the date of retirement? What is the fixed annual amount she can withdraw at the beginning of each year until age
80, in case she wishes to exhaust her corpus completely?
Question 23 of 25
As the correlation between the two assets ____________, the benefits of diversification _________________?
Question 24 of 25
Market wide circuit breakers are based on_____________movement.
Question 25 of 25
Pradeep has a monthly expense of Rs. 50,000 of which 60% is for household expenses. He is 30 years old and expects to
retire at the age of 55. He expects to incur additional expenses of Rs. 10,000 pm at current prices for discretionary expenses in
retirement. If inflation is seen at 6%, what is the expense that has to be met by retirement income?