BCOM Maths-1 MCQ's




Question 31 :
NAV means _____.

  1. Face value of units / Number of units
  2. (Market value of Asset – Liabilities) / Unit outstanding
  3. Current market value of Assets / Number of units
  4. Net Assets / Initial number of units
  

Question 32 :
AMC stands for _____.

  1. Assets Managing Committee
  2. Assets Management Charges
  3. Assets Management Company
  4. Assets Management Corporation
  

Question 33 :
Following entity is not involved in organizational setup of Mutual Fund.

  1. Sponsor
  2. AMC
  3. Custodian
  4. RBI
  

Question 34 :
Mutual Funds invested in securities of foreign companies are known as _____.

  1. Offshore funds
  2. Domestic funds
  3. Open ended funds
  4. Specialized funds
  

Question 35 :
A type of mutual fund that does not have restriction on the amount of shares the fund will issue is _____.

  1. Closed – ended funds
  2. Open–ended funds
  3. Income funds
  4. Growth funds
  

Question 36 :
Balanced fund is also known as _____.

  1. Income fund
  2. Growth fund
  3. Income–Growth fund
  4. Closed – ended fund
  

Question 37 :
Offer price is also known as _____.

  1. Repurchase Price
  2. NAV
  3. Redemption Price
  4. Sale Price
  

Question 38 :
The NAV of a fund at the time of purchase was ` 225 and its NAV after 16 months was ` 242. The absolute change in the NAV is _____.

  1. ` 17
  2. 0.0755
  3. 0.0567
  4. ` 12.75
  

Question 39 :
The NAV of a fund at the time of purchase was ` 173 and its NAV after 14 months was ` 209. The absolute change in the NAV is _____.

  1. ` 26
  2. ` 36
  3. 0.2081
  4. 0.1722
  

Question 40 :
The NAV of a fund at the time of purchase was ` 176 and its NAV after 10 months was ` 198. The percentage change in the NAV is _____.

  1. ` 22
  2. 0.125
  3. 0.1111
  4. 0.15
  

Question 41 :
The NAV of a fund at the time of purchase was ` 312 and its NAV after 16 months was ` 350. The percentage change in the NAV is _____.

  1. ` 38
  2. 0.1086
  3. 0.1218
  4. 0.1624
  

Question 42 :
The NAV of a fund at the time of purchase was ` 117 and its NAV after 15 months was ` 135. The annualized change in the NAV is _____.

  1. ` 18
  2. 0.1538
  3. 0.1231
  4. 0.1922
  

Question 43 :
The NAV of a fund at the time of purchase was ` 219 and its NAV after 18 months was ` 245. The annualized change in the NAV is _____.

  1. ` 26
  2. 0.0791
  3. 0.1187
  4. 0.1781
  

Question 44 :
For a mutual fund, the NAV at the time of purchase is ` 127. If the entry load is 2% and a person wants to invest ` 10,000, the number of units that he can purchase are _____.

  1. 80.35
  2. 78.74
  3. 129.54
  4. 77.2
  

Question 45 :
For a mutual fund, the NAV at the time of purchase is 357. If the entry load is 1.5% and a person wants to invest ` 35,000, the number of units he can purchase is _____.

  1. 98.04
  2. 96.59
  3. 99.53
  4. None of these
  

Question 46 :
The NAV of a mutual fund is ` 159. If the man purchases 120 units with an entry load of 1.5%, his investment is _____.

  1. ` 19,366.2
  2. ` 19,080
  3. ` 18,793.8
  4. None of these
  

Question 47 :
A NAV of a mutual fund is ` 238. If the man purchases 150 units with an entry load of 2%, his investment is _____.

  1. ` 36,414
  2. ` 35,700
  3. ` 34,986
  4. None of these
  

Question 48 :
A man invested ` 20,000 in a mutual fund with NAV of ` 80 and paying a dividend distribution of ` 2.5 per unit. If there was no entry load, he will receive a dividend of _____.

  1. ` 50,000
  2. 6250
  3. ` 625
  4. Cannot be determined
  

Question 49 :
A man invested ` 10,000 in a mutual fund with NAV of ` 40 and paying a dividend distribution of ` 1.5 per unit. If there was no entry load, he will receive a dividend of

  1. ` 15,000
  2. ` 60
  3. ` 375
  4. cannot be determined
  

Question 50 :
A person has 173 units of mutual fund under the dividend reinvestment scheme. If the company declares a dividend of ` 4 per unit and the ex–dividend price is ` 86.5, the numbers of units in his account now will be _____.

  1. 173
  2. 692
  3. 165
  4. 181
  

Question 51 :
A person has 142 units of a mutual fund under the dividend reinvestment scheme. If the company declares a dividend of ` 3 per unit and the ex–dividend price is ` 71, the number of units in his account now will be _____.

  1. 148
  2. 136
  3. 21
  4. None of these
  

Question 52 :
A person purchased units of a mutual fund at ` 114 per unit and after receiving a dividend of ` 3 per unit, redeemed them at ` 119 per unit. His rate of return on the transaction is _____.

  1. 0.0702
  2. 0.0439
  3. 0.0263
  4. 1.0702
  

Question 53 :
A person purchased units of a mutual fund at ` 45 per unit and after receiving a dividend of ` 4 per unit, redeemed them at ` 47 per unit. His rate of return on the transaction is _____.

  1. 0.0851
  2. 0.1277
  3. 0.0888
  4. 0.1333
  

Question 54 :
A person sells 207 units of a mutual fund at NAV of ` 132 and pays an exit load of 1.7%. The amount that he will receive on sale is _____.

  1. ` 27,324
  2. ` 26,859.49
  3. ` 27,788.51
  4. None of these
  

Question 55 :
A person sells 169 units of a mutual fund at NAV of ` 210 and pays an exit load of 1%. The amount that he will receive on sale is _____.

  1. ` 35,490
  2. ` 35,135.1
  3. ` 35,844.9
  4. ` 31,941
  

Question 56 :
` 60,000 are invested in a mutual fund with NAV of ` 15.3712 and an entry load of 2.25%. The number of units purchased are _____.

  1. 3885.498
  2. 3817.498
  3. 3887.498
  4. 3837.498
  

Question 57 :
The no. of 5 letter words that can be formed from the word 'BIRTH' which begin with R and end with T.

  1. 6
  2. 60
  3. 16
  4. 120
  

Question 58 :
3 men and 2 women can be seated on 5 chairs in a row in _____ ways.

  1. 2520
  2. 120
  3. 96
  4. None of these
  

Question 59 :
Determine how many words can be formed using the letters of the word 'FURNISH' if the vowels are always together.

  1. 1440
  2. 1041
  3. 4041
  4. None of these
  

Question 60 :
Find the number of ways in which 5 identical balls can be distributed among 10 identical boxes if not more than one ball can go into a box.

  1. 225
  2. 252
  3. 255
  4. 522
  
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