4/30/2017 RelianceMutualLearningMadeEasy

AssesmentNISMPreparatorySession3

Result
No.ofquestions:30
Marks:19/30
TotalScore:63%

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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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