INVESTMENT ADVISER LEVEL 2 -- SET 1
Quiz-summary
0 of 25 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
Information
Dear Candidate,
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:
Results
0 of 25 questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 points, (0)
Categories
- Not categorized 0%
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- Answered
- Review
-
Question 1 of 25
1. Question
_________ gives the buyer the right but not obligation to sell and ________ gives the buyer the right but not the obligation
to buy a given quantity of the underlying at a given price on or before a given future date. -
Question 2 of 25
2. Question
Person to whom a power of attorney is given is called__________ and who gives it is called_______
-
Question 3 of 25
3. Question
If Interest rates falls, Reinvestment Risk ____________?
-
Question 4 of 25
4. Question
On May 31 ,2012, the spot USD/INR rate was 43.50. The US interest rate was 3 percent, while the Indian interest rate was 6
percent. Find out the fair value of USD/INR Futures. The time to expiration was 90/360 = 0.25. -
Question 5 of 25
5. Question
If an investor buys a call option with lower strike price and sells another call option with higher strike price, both on the
same underlying share and same expiration date, the strategy is called _______________. -
Question 6 of 25
6. Question
__________gives the buyer a right but not the obligation to buy the underlying at a predetermined price during a
predetermined period -
Question 7 of 25
7. Question
If an option can be exercised any time before its expiry date, it is called:
-
Question 8 of 25
8. Question
One year interest rates in US and India are say 5% and 10% respectively and the spot rate of USD in India is Rs. 43. Then
one year USD-INR futures fair value is : -
Question 9 of 25
9. Question
The Portfolio risk depends on ________between the asset classes included in it in addition to the risk of each asset class
and its weight in the portfolio -
Question 10 of 25
10. Question
Which of the following statements is FALSE?
-
Question 11 of 25
11. Question
State which of these statements is true?
-
Question 12 of 25
12. Question
The greater the beta, the____________of the security involved
-
Question 13 of 25
13. Question
If a bond is selling at a premium:
-
Question 14 of 25
14. Question
Purchaser of a call option has expectation that stock price will
-
Question 15 of 25
15. Question
Insurance against theft or destruction of goods is an example of insurance product that covers
-
Question 16 of 25
16. Question
A Public issue can be kept open for a maximum of _________ working days
-
Question 17 of 25
17. Question
_____ is protecting the value of an asset or portfolio of assets against price fluctuations
-
Question 18 of 25
18. Question
It is a contract to exchange a fixed long-tenor rate for a variable short-tenor rate
-
Question 19 of 25
19. Question
____________is the process of meeting one’s life goals through the proper management of personal finances.
-
Question 20 of 25
20. Question
Which of the following is not true?
-
Question 21 of 25
21. Question
Case Study:
Mr. P earns a gross salary of Rs 50,000, including company’s contribution to PF of Rs 5,000; an equal contribution is made by Mr. P.
Deductions are made towards loan repayments of Rs 4,000 and investments of Rs 1,000. Mr. P receives Rs 3,000 towards income from past
investments. He spends Rs 7,000 on rent, Rs 11,000 on grocery and Rs 15,000 on other expenses.
Q21) What is the net take home salary of Mr. P? -
Question 22 of 25
22. Question
Case Study:
Mr. P earns a gross salary of Rs 50,000, including company’s contribution to PF of Rs 5,000; an equal contribution is made by Mr. P.
Deductions are made towards loan repayments of Rs 4,000 and investments of Rs 1,000. Mr. P receives Rs 3,000 towards income from past
investments. He spends Rs 7,000 on rent, Rs 11,000 on grocery and Rs 15,000 on other expenses.
Q22) What is the monthly surplus of Mr. P? -
Question 23 of 25
23. Question
Case Study:
Mr. P earns a gross salary of Rs 50,000, including company’s contribution to PF of Rs 5,000; an equal contribution is made by Mr. P.
Deductions are made towards loan repayments of Rs 4,000 and investments of Rs 1,000. Mr. P receives Rs 3,000 towards income from past
investments. He spends Rs 7,000 on rent, Rs 11,000 on grocery and Rs 15,000 on other expenses.
Q23) What is the monthly savings of Mr. P? -
Question 24 of 25
24. Question
Case Study:
Mr. P earns a gross salary of Rs 50,000, including company’s contribution to PF of Rs 5,000; an equal contribution is made by Mr. P.
Deductions are made towards loan repayments of Rs 4,000 and investments of Rs 1,000. Mr. P receives Rs 3,000 towards income from past
investments. He spends Rs 7,000 on rent, Rs 11,000 on grocery and Rs 15,000 on other expenses.
Q24) What is the savings ratio of Mr. P? -
Question 25 of 25
25. Question
Case Study:
Mr. Sundar is employed in a firm and earns Rs 8 Lakhs per annum. Out of this he spends Rs 7 Lakhs per year.His financial planner has
recommended an Investment which offers 13% p.a on a long term basis.He plans to invest in this using a leverage of 1.5 times. Borrowing cost
is 9% p.a. He has LI policies for a Sum Assured of Rs 40 Lakhs. Outstanding housing loan of Rs 30 Lakhs. His other assets are worth Rs 75
Lakhs. He also has investments in Equity and Debt whose average yield is 9%. Assume inflation of 7.5%. He is currently 42 years and want to
retire at 50. His life span is 70.
Q25) Calculate Human Life Value of Mr.Sundar assuming Insurance Proceeds can be invested in 9% yielding investment