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AssesmentNISMPreparatorySession3
Result
No.ofquestions:30
Marks:19/30
TotalScore:63%
Pass
CloseReview
QuizPreview
Key:Atickorcrosswillshownexttochosenanswers.
Correctlyanswered
Incorrectlyanswered
Missedcorrectoption(s)
Answers
Question1of30
Retiredinvestorshould
CorrectOption(s):B
SelectedOption(s):B
A) Continueholdingamajorportionoftheirholdinginequitygrowthfunds
B) Notinvestinsecurities,whichbearriskofcapitalerosion
C) Notdrawdownontheircapital
D) Neverinvestinequity
Question2of30
Investorswhoacquiresuddenwealth
CorrectOption(s):B
SelectedOption(s):D
A) Canspeculatewithalltheacquiredmoneyinthestockmarkets
B) Shouldnotuseanyofthenewwealthtoinvestinequity
C) Shouldtaketheeffectoftaxesintoaccount
D) Neednotpayanytaxesonthenewlyacquiredwealthasitisnotapartoftheirregularincome
Question3of30
Assetallocationis
CorrectOption(s):C
SelectedOption(s):C
A) Allocationtheavailablemoneytoallthesecuritiesavailable
B) Noneoftheabove
C) Allocatingtherightproportionoffundstoequity,debtandmoneymarketsecurities
D) Keepingcertificatesofthephysicalsecuritiesinproperplaces
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Question4of30
Oneofthemosteffectivewaystoinvestthroughmutualfundisto
CorrectOption(s):C
SelectedOption(s):C
A) Investallthemoneyindifferentschemesofthesamefundfamily
B) Buyafewunitsofeverymutualfundschemeavailable
C) Developamodelportfolio
D) Investallthemoneyinonefundscheme
Question5of30
Whyshouldafunddistributorbecomeafinancialplanner?
CorrectOption(s):A
SelectedOption(s):A
A) Only1&2
B) Becauseofthekindofthemoneythisbusinessoffers
C) BecauseofLimitedsupplyoffinancialplanner
D) BecauseofStrongPotentialforsuchservices
Question6of30
accumulationwealthcycleapproachisbestforfollowingclassofinvestors
CorrectOption(s):B
SelectedOption(s):B
A) marriedwith2kids
B) youngmarried
C) abouttoapproachretirement
D) retirementstage
Question7of30
Anequityportfolioisnotaviableinvestmentoptiontomeetshorttermfinancialneeds
CorrectOption(s):A
SelectedOption(s):B
A) FALSE
B) TRUE
Question8of30
Whichofthefollowingaretrue?
CorrectOption(s):A
SelectedOption(s):A
A) Boththeclientsandfinancialplannersshouldtogethersetmearsurablefinancialgoals
B) Itsthefinancialplannersdutytosetmearsurablefinancialgoalsforhisclients
C) Itsthedutyoftheclienttosetmearsurablefinancialgoals
D) Noneoftheabove
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Question9of30
Ifyoumaintainaflexibleratioofassetallocation,wouldyou
CorrectOption(s):A
SelectedOption(s):D
A) Generallyavoidportfoliorebalancing?
B) RebalancetheDebt/Equityallocationperiodically?
C) Keepfixedpercentagesofequityanddebtinvestmentsatalltimes?
D) RebalancetheDebt/Equityallocationveryfrequently
Question10of30
Whichofthefollowingrepresentsthetransitionphase?
CorrectOption(s):C
SelectedOption(s):D
A) investorcannottakerisks
B) investorhasnoneedforinvestmentincome
C) investor'sfinancialgoalsareapproaching
D) investorhasalongtermhorizon
Question11of30
Personsneedtogetintothehabitofsavingsfrom"youngunmarried"stageitself.
CorrectOption(s):B
SelectedOption(s):B
A) FALSE
B) TRUE
Question12of30
Averyhighproportionofinvestmentinalltypesofequityfundsisadvisablefor
investors
CorrectOption(s):C
SelectedOption(s):C
A) Intransitionphase
B) Whoarewealthpreservingaffluentindividuals
C) Inaccumulationphase
D) Indistributionphase
Question13of30
Financialplanninfinvolves
CorrectOption(s):B
SelectedOption(s):C
A) noneoftheabove
B) Managingtherisksofinvesting
C) financingtheclient'sinvestments
D) studyingfinancialmanagement
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Question14of30
Aninvestorwhogetssuddenwealthshouldideallyinvestthesumimmediatelyinto
CorrectOption(s):D
SelectedOption(s):D
A) bankfixeddeposits
B) diversifiedequityschemesofmutualfunds
C) stockmarket
D) liquidschemesofmutualfunds
Question15of30
Aretiredpersongenerallyneedsagreaterproportionof
CorrectOption(s):B
SelectedOption(s):B
A) Moneymarketfunds
B) Debtfunds
C) Equityfunds
D) Alloftheabove
Question16of30
InitialStageoflifeisknownasaccumulationstage,
CorrectOption(s):B
SelectedOption(s):B
A) FALSE
B) TRUE
Question17of30
Whichofthefollowingwillnotrequirefinancialplanning
CorrectOption(s):B
SelectedOption(s):B
A) Ayoungprofessionalaged26years
B) Anoldpersonwantingtotransferallhiswealthtohisgrandchildren
C) Aretireewhoiscurrentlygettinganincomeof4,000butwouldwantRs.10,000amonth
D) A40yearsolddoctorwithsubstantialsavings
Question18of30
Forolderinvestorswhowanttotransfertheirwealth
CorrectOption(s):D
SelectedOption(s):B
A) NA
B) Therightinvestmentstrategydependsuponthestateofthestockmarket
C) NA
D) NA
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Question19of30
Foryounginvestorsdoingretirementplanning?
CorrectOption(s):A
SelectedOption(s):A
A) MonthlyIncomeschemesareappropriate
B) Longtermbondfundsareappropriate
C) Moneymarketfundsareappropriate
D) Noneofabove
Question20of30
Toensurethattherightamountofmoneyisavailableattherighttimetomeetthe
variousfinancialgoalsoftheinvestor,oneshouldmakeappropriate____________.
CorrectOption(s):C
SelectedOption(s):B
A) savings
B) systematicinvestmentplan
C) financialPlanning
D) lumpsuminvestmentPlanning
Question21of30
Acomprehensivefinancialplansetoutneedsnofurtherreviewormonitoringasitisa
onetimeexercise.
CorrectOption(s):B
SelectedOption(s):B
A) TRUE
B) FALSE
Question22of30
Onlyifaspecialtyoffshorefundhasconsistentlygivenverygoodperformance,itcan
beconsideredforinvestmentbyaretiree
CorrectOption(s):A
SelectedOption(s):A
A) TRUE
B) FALSE
Question23of30
Asperwealthcycleguide,duringtheaccumulationstage
CorrectOption(s):B
SelectedOption(s):C
A) clientfeelstheneedtotakecareofthenextgeneration
B) theclientlookstobuildwealth
C) theclients'goalsareapproaching
D) clientcashesout
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Question24of30
Whichofthefollowingstrategiesisanexampleofthecombinedapproachofrupee
costandvalueaveraging?
CorrectOption(s):D
SelectedOption(s):D
A) whentheinvestorinvestsafixedsumeachmonthinaliquidfund
B) whentheinvestorinvestsregularlyinaliquidfund
C) whentheinvestorsetsatargetvalueforhisinvestmentsinanequityfund
D) whentheinvestorinvestsregularlyinaliquidfund,setsatargetforanequityfund,theninvests
moreinequityfundifitsvaluedeclinesandbooksprofitswhenitsvalueexceedsthetargetvalue
Question25of30
ifaninvestorkeepsinvestingafixedamountatregularintervals,theaveragecostof
hispurchaseswillalwaysbelessthanifhemakesinvestmentatirregularperiods
CorrectOption(s):A
SelectedOption(s):A
A) TRUE
B) FALSE
Question26of30
Whiledecidingonanassetallocationstrategy,theinvestormustconsider.
CorrectOption(s):D
SelectedOption(s):D
A) Thestageofhislife
B) Hisriskappetite
C) Thepurposeofmakinginvestment
D) Allofthese
Question27of30
Longterminvestmentcommitmentsshouldbestartedfrom
CorrectOption(s):A
SelectedOption(s):C
A) accumulation
B) intergenerationaltransfer
C) reaping
D) transition
Question28of30
Investorsin_______________stagepreferlongtermriskyinvestments.
CorrectOption(s):D
SelectedOption(s):B
A) distribution
B) transition
C) reaping
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D) accumulation
Question29of30
a55yearoldinvestor,whoisemployedandearningwell,canbesaidtobein
CorrectOption(s):C
SelectedOption(s):A
A) intergenerationalwealthtransferstage
B) distributionstage
C) transitionstage
D) accumulationstage
Question30of30
Directinvestmentsinstockmarketscanbeabetteroptionoverinvestingthrough
mutualfundsif?
CorrectOption(s):C
SelectedOption(s):C
A) Theinvestorwantstoinvestforthelongterm
B) Theinvestorwantsbetterreturnsthanthoseofferedbymutualfunds
C) Theinvestorhaslargecapital,knowledgeandresourcesforresearch
D) Theinvestorhasidentifiedabullishphaseinthestockmarket
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