INVESTMENT ADVISER LEVEL 2 -- SET 22
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
In Currency market, Settlement or value date for Cash Transaction is_________
-
Question 2 of 25
2. Question
Market wide circuit breakers are based on_____________movement.
-
Question 3 of 25
3. Question
The financial results of a company show that it has suffered losses due to declining market share. The price of its equity
share drops in the market. This is an example of the role of the market as: -
Question 4 of 25
4. Question
A Public issue is required to be kept open for a minimum of _________ working days
-
Question 5 of 25
5. Question
Investor complaints relating to the following Capital Market issues will not be entertained by SEBI:
-
Question 6 of 25
6. Question
As per SEBI (Alternate Investment Funds) Regulations, 2012. which fund can invests in infrastructure or other sectors or
areas which the government or regulators consider as socially or economically desirable ? -
Question 7 of 25
7. Question
A portfolio has a allocation of 60% in debt and 40% in equity. In response to expected continued good performance in
equity markets the fund manager increases the allocation to equity to 70% and decreases the allocation in debt to 30%. What is
the strategy followed by Fund manager here? -
Question 8 of 25
8. Question
Risk free return of the scheme is 5%, and standard deviation is 0.5. Return earned by the scheme is 7%. Sharpe Ratio is
-
Question 9 of 25
9. Question
An example of a derivative security is ______.
-
Question 10 of 25
10. Question
Exploiting price anomalies in the market to make profit is know as _________
-
Question 11 of 25
11. Question
_________is an approach where all the financial goals of a person are taken together, and the investment strategies
worked out on that basis -
Question 12 of 25
12. Question
Selling a CALL OPTION means
-
Question 13 of 25
13. Question
A technical analyst studies ___________.
-
Question 14 of 25
14. Question
Calling feature in bonds _____
-
Question 15 of 25
15. Question
The order matching in an exchange is done based on ________ priority
-
Question 16 of 25
16. Question
Current yields on a bond is obtained by dividing the coupon interest by
-
Question 17 of 25
17. Question
A foreign exchange dealer always quotes prices at which he will buy and sell foreign currency, which is known as :
-
Question 18 of 25
18. Question
Case Study:
An investor bought units of a scheme as follows: Feb 5, 2014 500 units @ Rs12; Aug 7, 2014 600 units @ Rs13. He sold 600 units at Rs14 on
March 2, 2015. Cost Inflation Index numbers are 2012‐13 852; 2013‐14 939; 2014‐15 1024; 2015‐16 1075 (assumption). Assume the investor is
in 20% tax bracket. Ignore STT, Surcharge & Education Cess.
Q18) How much long term capital gain did the investor book on the sale, if the units related to equity scheme? -
Question 19 of 25
19. Question
Case Study:
An investor bought units of a scheme as follows: Feb 5, 2014 500 units @ Rs12; Aug 7, 2014 600 units @ Rs13. He sold 600 units at Rs14 on
March 2, 2015. Cost Inflation Index numbers are 2012‐13 852; 2013‐14 939; 2014‐15 1024; 2015‐16 1075 (assumption). Assume the investor is
in 20% tax bracket. Ignore STT, Surcharge & Education Cess.
Q19) How much short term capital gain did the investor book on the sale, if the units related to equity scheme? -
Question 20 of 25
20. Question
Case Study:
An investor bought units of a scheme as follows: Feb 5, 2014 500 units @ Rs12; Aug 7, 2014 600 units @ Rs13. He sold 600 units at Rs14 on
March 2, 2015. Cost Inflation Index numbers are 2012‐13 852; 2013‐14 939; 2014‐15 1024; 2015‐16 1075 (assumption). Assume the investor is
in 20% tax bracket. Ignore STT, Surcharge & Education Cess.
Q20) How much long term capital gain did the investor book on the sale, if the units related to debt scheme? -
Question 21 of 25
21. Question
Case Study:
An investor bought units of a scheme as follows: Feb 5, 2014 500 units @ Rs12; Aug 7, 2014 600 units @ Rs13. He sold 600 units at Rs14 on
March 2, 2015. Cost Inflation Index numbers are 2012‐13 852; 2013‐14 939; 2014‐15 1024; 2015‐16 1075 (assumption). Assume the investor is
in 20% tax bracket. Ignore STT, Surcharge & Education Cess.
Q21) How much long term capital gain tax will the investor have to pay, if the units related to equity scheme? -
Question 22 of 25
22. Question
Case Study:
Anil currently has a monthly income of Rs. 1,50,000. He pays an insurance premium of Rs. 25,000 per month and an EMI of Rs. 36,000 on a
loan of Rs. 40 lakhs that he has taken for this house. His personal expenses are Rs. 10,000. He wants to provide insurance protection for his
wife who is currently 49 years old and is expected to live till 80. Inflation is 6% and return on investment is 8%. His current insurance cover
is for Rs.1 Cr and he has other investments amounting to Rs.50 lakhs. His house is worth about Rs.50 lakhs.Housing Loan Outstanding is
Rs 20 Lakhs.
Q22) What is the Insurance Cover He should have as per Need Based Approach? -
Question 23 of 25
23. Question
Case Study:
Anil currently has a monthly income of Rs. 1,50,000. He pays an insurance premium of Rs. 25,000 per month and an EMI of Rs. 36,000 on a
loan of Rs. 40 lakhs that he has taken for this house. His personal expenses are Rs. 10,000. He wants to provide insurance protection for his
wife who is currently 49 years old and is expected to live till 80. Inflation is 6% and return on investment is 8%. His current insurance cover
is for Rs.1 Cr and he has other investments amounting to Rs.50 lakhs. His house is worth about Rs.50 lakhs.Housing Loan Outstanding is
Rs 20 Lakhs.
Q23) If Rate of interest for Housing Loan is 10.3% p.a, What is the Tenure of Housing Loan -
Question 24 of 25
24. Question
Case Study:
Anil currently has a monthly income of Rs. 1,50,000. He pays an insurance premium of Rs. 25,000 per month and an EMI of Rs. 36,000 on a
loan of Rs. 40 lakhs that he has taken for this house. His personal expenses are Rs. 10,000. He wants to provide insurance protection for his
wife who is currently 49 years old and is expected to live till 80. Inflation is 6% and return on investment is 8%. His current insurance cover
is for Rs.1 Cr and he has other investments amounting to Rs.50 lakhs. His house is worth about Rs.50 lakhs.Housing Loan Outstanding is
Rs 20 Lakhs.
Q24) How many years of EMI he has already paid? -
Question 25 of 25
25. Question
Case Study:
Anil currently has a monthly income of Rs. 1,50,000. He pays an insurance premium of Rs. 25,000 per month and an EMI of Rs. 36,000 on a
loan of Rs. 40 lakhs that he has taken for this house. His personal expenses are Rs. 10,000. He wants to provide insurance protection for his
wife who is currently 49 years old and is expected to live till 80. Inflation is 6% and return on investment is 8%. His current insurance cover
is for Rs.1 Cr and he has other investments amounting to Rs.50 lakhs. His house is worth about Rs.50 lakhs.Housing Loan Outstanding is
Rs 20 Lakhs.
Q25) What amount of Insurance is required as per Income Replacement Method? (Ignore taxes)