INVESTMENT ADVISER LEVEL 2  SET 7
Quizsummary
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 NISMSeriesXVIII: 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 NISMSeriesXVIII: 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
Securities payin denotes _____________

Question 2 of 25
2. Question
Which funds can be purchased and sold at real time price rather than at NAV?

Question 3 of 25
3. Question
The Indian Clearing Corporation Limited (ICCL) takes care of the clearing and settlement on _________

Question 4 of 25
4. Question
It would be safer to invest in __________debt funds if it is expected that interest rates in the market would go up

Question 5 of 25
5. Question
______ is a comprehensive measure of a countrys overall economic output

Question 6 of 25
6. Question
One of the most popular tools used by technical analysts is:

Question 7 of 25
7. Question
8% Government of India security is quoted at RS 120/ The current yield on the security, will be

Question 8 of 25
8. Question
The proportion of a public issue of shares allocated to various categories of investors is decided by ___________

Question 9 of 25
9. Question
Style Box is a part of __________

Question 10 of 25
10. Question
If one year interest rate is 2% in US and 10% in India. If current USDINR spot rate is 44, which of the following could be
closest to the six month future rate of USDINR? 
Question 11 of 25
11. Question
The intrinsic value of a bond is

Question 12 of 25
12. Question
Average Return of an investors portfolio is 10%. The risk free return for the market is 8%. The Beta of the investors
portfolio is 1.2. Calculate the Treynor Ratio. 
Question 13 of 25
13. Question
If the post tax rate of return on an investment is 8% and the inflation rate is 5% the real rate of return is___

Question 14 of 25
14. Question
ISIN stands for __________.

Question 15 of 25
15. Question
Which of the following is a breadth indicator?

Question 16 of 25
16. Question
___________ is a standardized measure of the relationship between two variables that range from 1.00 to +1.00

Question 17 of 25
17. Question
A company with Rs.30 crores PBT, Rs.20 crores PAT, Rs.5 crores equity capital has Price/Earnings (P/E) ratio of 15. The
market price of the share will be 
Question 18 of 25
18. Question
Case Study:
Mr.A opened his PPF A/c. on 1 st April 2015.He will contribute maximum permissible investment limit in PPF A/c in the beginning of April
every year for all the years till the maturity of his account. You find out the following, assuming that the current PPF A/c interest rate is 8.7%
per annum.
Q18) When will the PPF A/c mature? 
Question 19 of 25
19. Question
Case Study:
Mr.A opened his PPF A/c. on 1 st April 2015.He will contribute maximum permissible investment limit in PPF A/c in the beginning of April every
year for all the years till the maturity of his account. You find out the following, assuming that the current PPF A/c interest rate is 8.7% per
annum.
Q19) What is the maximum amount that can be invested under PPF? 
Question 20 of 25
20. Question
Case Study:
Mr.A opened his PPF A/c. on 1 st April 2015.He will contribute maximum permissible investment limit in PPF A/c in the beginning of April every
year for all the years till the maturity of his account. You find out the following, assuming that the current PPF A/c interest rate is 8.7% per
annum.
Q20) Calculate the Maturity amount of PPF? 
Question 21 of 25
21. Question
Case Study:
Mr.A opened his PPF A/c. on 1 st April 2015.He will contribute maximum permissible investment limit in PPF A/c in the beginning of April every
year for all the years till the maturity of his account. You find out the following, assuming that the current PPF A/c interest rate is 8.7% per
annum.
Q21) Mr.A is also a Karta of XYZ HUF. He wants to know whether HUF is eligible to invest in PPF? 
Question 22 of 25
22. Question
Case Study:
Mr. Satish, aged 40 years, is an employee in an MNC earning Rs 1 lac p.m. His monthly expenses amount to Rs 30,000. He plans to retire at
the age of 60 years, upon which, he wants to continue the same standard of living as he enjoys today. His life expectancy is 80.[Assume
inflation rate to be constant at 6 % p.a., Investment yield post retirement as 7% p.a, Equity and Debt Fund returns are 13% p.a and 8% p.a
respectively].
Q22) Calculate the real rate of return from Post retirement investment? 
Question 23 of 25
23. Question
Case Study:
Mr. Satish, aged 40 years, is an employee in an MNC earning Rs 1 lac p.m. His monthly expenses amount to Rs 30,000. He plans to retire at
the age of 60 years, upon which, he wants to continue the same standard of living as he enjoys today. His life expectancy is 80.[Assume
inflation rate to be constant at 6 % p.a., Investment yield post retirement as 7% p.a, Equity and Debt Fund returns are 13% p.a and 8% p.a
respectively].
Q23) Calculate the weighted average return if Mr.Satish wants to invest in the ratio of 60% in Equity Fund and 40% in Debt
Fund. 
Question 24 of 25
24. Question
Case Study:
Mr. Satish, aged 40 years, is an employee in an MNC earning Rs 1 lac p.m. His monthly expenses amount to Rs 30,000. He plans to retire at
the age of 60 years, upon which, he wants to continue the same standard of living as he enjoys today. His life expectancy is 80.[Assume
inflation rate to be constant at 6 % p.a., Investment yield post retirement as 7% p.a, Equity and Debt Fund returns are 13% p.a and 8% p.a
respectively].
Q24) Calculate the SIP amount required to achieve the retirement corpus if the portfolio structure is 60% Equity and 40%
Debt. 
Question 25 of 25
25. Question
Case Study:
Mr. Satish, aged 40 years, is an employee in an MNC earning Rs 1 lac p.m. His monthly expenses amount to Rs 30,000. He plans to retire at
the age of 60 years, upon which, he wants to continue the same standard of living as he enjoys today. His life expectancy is 80.[Assume
inflation rate to be constant at 6 % p.a., Investment yield post retirement as 7% p.a, Equity and Debt Fund returns are 13% p.a and 8% p.a
respectively].
Q25) Calculate the Income tax payable by Mr.Satish after considering the following particulars.
Investment in ELSS – Rs 75,000 p.a.
Term Insurance Premium – Rs 15,000 p.a
PPF Contribution – Rs 25,000 p.a
Car Loan Interest – Rs 1,00,000 p.a
Tuition Fees for his child – Rs 50,000 p.a
Health Insurance Premium for His Family – Rs 15,000 p.a
Health Insurance Premium for His Father & Mother who are Senior Citizens – Rs 12,000 p.a
Health Insurance Premium for His Father & Motherinlaw – Rs 12,000 p.a
Ignore Education & Higher Edu Cess